benchmark market

USAGE SUMMARY

The phrase "benchmark market" is correct and usable in written English.
It can be used in contexts related to finance, economics, or business to refer to a standard or reference point for evaluating market performance. Example: "Investors often look at the benchmark market to assess the performance of their portfolios against industry standards."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

14 human-written examples

Bombay's benchmark market fell 1.9percentto to its lowest close since November.

The New York Times

The benchmark market gauges in Singapore, South Korea and Thailand also fell.

The New York Times

Since March 8, the benchmark market price for oil has dropped about 18percentt and as of today was trading at about $28 a barrel.

The New York Times

Most of the benchmark market indexes in Continental Europe were up more than the Dow and the S.& P. 500 even before factoring in exchange rates.

The New York Times

Moreover, we believe that the alternatives to the benchmark market data we offer are not in the best interest of the health care system.

The New York Times

This is particularly the case for passive investment strategies, where investors seek to reduce company-specific unsystematic risk by investing in the market as a whole, often defined through benchmark market indices.

Harvard University

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

The association was responsible for collecting the data from banks and then issuing the Libor benchmark, marketing it as a valuable tool for setting interest rates across a number of currencies.

The New York Times

It should provide marketing analytics to benchmark marketing performance and better understand customer value.

Forbes

It also licenses this aggregate data, along with pricing, benchmarks, market analyses and contract efficiency ratings back to government departments themselves, not for cash, but rather in return for enhanced information.

Forbes

Adds Van Kipnis: "We have benchmarked markets countless ways, and the NYSE gives us the best liquidity and lowest total costs".

Forbes

Shares of Yukos tumbled about 20percentt on Wednesday, and Russia's benchmark stock market index fell nearly 6percentt.

The New York Times

Expert writing Tips

Best practice

When using "benchmark market", ensure the context clearly indicates what is being measured against this standard. This clarifies the market's role in evaluation.

Common error

Avoid using "benchmark market" when you actually mean "target market". A "benchmark market" serves as a standard for comparison, whereas a "target market" is the specific group a company aims to reach.

Linguistic Context

The phrase "benchmark market" functions primarily as a noun phrase, often serving as an adjective modifying another noun (e.g., "benchmark market index"). It identifies a standard against which other markets or investments are measured. Ludwig provides examples showcasing its use in financial and economic contexts.

Expression frequency: Common

Frequent in

News & Media

60%

Academia

20%

Formal & Business

10%

Less common in

Science

5%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

The term "benchmark market" refers to a standard market used for comparison, commonly employed in finance, economics, and business. According to Ludwig, the phrase is grammatically correct and frequently used in various contexts, especially in news and media, academic research, and formal business settings. While the phrase is generally well-understood, it's important to differentiate it from similar terms like "target market". Alternatives such as "reference market" or "standard market" can be used to convey similar meanings. The analysis shows that understanding the nuances of "benchmark market" can improve clarity and precision in writing related to market analysis and financial reporting.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reference market

Replaces "benchmark" with "reference", emphasizing its role as a standard for comparison.

standard market

Uses "standard" instead of "benchmark", highlighting the market's role as a typical example.

comparison market

Focuses on the market used for making comparisons.

baseline market

Emphasizes the foundational aspect of the market as a reference point.

target market

Highlights the market being aimed for as a standard.

key market

Indicates a significant market used for evaluation.

leading market

Implies the market is at the forefront and sets the standard.

established market

Refers to a market that is well-recognized and used for benchmarking.

model market

Suggests that the market serves as a pattern or example.

representative market

Highlights the market's role as a typical representation for comparison.

FAQs

How is a "benchmark market" used in finance?

In finance, a "benchmark market" serves as a standard against which the performance of investments or portfolios is measured. It helps investors evaluate their returns relative to a general market index such as the S&P 500.

What's the difference between "benchmark market" and a "target market"?

A "benchmark market" is a standard for measuring performance, while a "target market" is a specific group of consumers a company aims to reach. The terms are not interchangeable.

How can I use the phrase "benchmark market" in a sentence?

You can use "benchmark market" to describe a standard for comparison, such as: "The fund's performance was evaluated against the benchmark market to determine its effectiveness."

Are there alternatives to using the phrase "benchmark market"?

Yes, depending on the context, you can use alternatives such as "reference market" or "standard market" to convey a similar meaning.