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Past Performance
In general, "past performance" refers to how something has performed in the past, for example how an athlete, a business, an investment portfolio, an individual stock, a sports team or a race horse has performed. The term "past performance" is used more specifically in relation to government procurement, horse racing and mutual fund disclosure documents. Government Procurement United Kingdom Crown Commercial Service's Procurement Policy Note 04/15, applicable to central government departments, executive agencies and non-departmental public bodies, sets out UK government policy effective from 1 April 2015 regarding use of suppliers' past performance information when awarding public contracts. United States Past performance is a central element of the process used by U.S. government agencies when they evaluate companies and proposals to determine which ones will be awarded contracts. Knowledge and awareness of how past performance is evaluated are critical to successful proposals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Procurement
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism, the laws of most countries regulate government procurement to some extent. Laws usually require the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold. Government procurement is also the subject of the Agreement on Government Procurement (GPA), a plurilateral international treaty under the auspices of the WTO. Overview Need for government procurement Government procurement is necessary because governments cannot produce all the inputs for the goods they provide themselves. Governments usually provide public goods, e.g. national defense or public infrastructure. Public goods are non-riv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Procurement
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism, the laws of most countries regulate government procurement to some extent. Laws usually require the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold. Government procurement is also the subject of the Agreement on Government Procurement (GPA), a plurilateral international treaty under the auspices of the WTO. Overview Need for government procurement Government procurement is necessary because governments cannot produce all the inputs for the goods they provide themselves. Governments usually provide public goods, e.g. national defense or public infrastructure. Public goods are non-riv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Research In Security Prices
The Center for Research in Security Prices (CRSP) is a provider of historical stock market data. The Center is a part of the Booth School of Business at the University of Chicago. CRSP maintains some of the largest and most comprehensive Proprietary software, proprietary historical databases in stock market research. Academic researchers and investment professionals rely on CRSP for accurate, survivor bias-free information which provides a foundation for their research and analyses. As of 2020, CRSP claims over 500 clients. The name is usually pronounced "crisp". CRSP was founded in 1960 by James H. Lorie (professor of finance and director of research) and Lawrence Fisher (assistant professor of finance) of the University of Chicago, with a grant from Merrill Lynch, Merrill Lynch, Pierce, Fenner & Smith. Its goal was to provide a source of accurate and comprehensive data that could be used to answer basic questions about the behavior of stock markets. The first effort of the Center ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the best universities in the world and it is among the most selective in the United States. The university is composed of an undergraduate college and five graduate research divisions, which contain all of the university's graduate programs and interdisciplinary committees. Chicago has eight professional schools: the Law School, the Booth School of Business, the Pritzker School of Medicine, the Crown Family School of Social Work, Policy, and Practice, the Harris School of Public Policy, the Divinity School, the Graham School of Continuing Liberal and Professional Studies, and the Pritzker School of Molecular Engineering. The university has additional campuses and centers in London, Paris, Beijing, Delhi, and Hong Kong, as well as in downtown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handicapping
Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced participant is disadvantaged, or a less experienced or capable participant is advantaged, in order to make it possible for the less experienced participant to win whilst maintaining fairness. Handicapping is used in scoring many games and competitive sports, including go, shogi, chess, croquet, golf, bowling, polo, basketball, and track and field events. Handicap races are common in clubs which encourage all levels of participants, such as swimming or in cycling clubs and sailing clubs, or which allow participants with a variety of standards of equipment. Often races, contests or tournaments where this practice is competitively employed are known as ''Handicaps''. Handicappi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odds
Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics. Odds also have a simple relation with probability: the odds of an outcome are the ratio of the probability that the outcome occurs to the probability that the outcome does not occur. In mathematical terms, where p is the probability of the outcome: :\text = \frac where 1-p is the probability that the outcome does not occur. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. This is because there is 1 event (rolling a 6) that produces the specified outcome of "rolling a 6", and 5 events that do not (rolling a 1,2,3,4 or 5). The odds of rolling either a 5 or 6 is 2:4. This is because there are 2 events (rolling a 5 or 6) that produce the specified outcome of "rolling either a 5 or 6", and 4 events that do n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse Trainer
A horse trainer is a person who tends to horses and teaches them different disciplines. Some of the responsibilities trainers have are caring for the animals' physical needs, as well as teaching them submissive behaviors and/or coaching them for events, which may include contests and other riding purposes. The level of education and the yearly salary they can earn for this profession may differ depending on where the person is employed. History Domestication of the horse, Horse domestication by the Botai culture in Kazakhstan dates to about 3500 BC. Written records of horse training as a pursuit has been documented as early as 1350 BC, by Kikkuli, the Hurrian "master horse trainer" of the Hittite Empire. Another source of early recorded history of horse training as a discipline comes from the Ancient Greece, Greek writer Xenophon, in his treatise On Horsemanship. Writing circa 350 BC, Xenophon addressed Horse training, starting young horses, selecting older animals, and proper Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jockey
A jockey is someone who rides horses in horse racing or steeplechase racing, primarily as a profession. The word also applies to camel riders in camel racing. The word "jockey" originated from England and was used to describe the individual who rode horses in racing. They must be light, typically around a weight of 100-120 lb., and physically fit. They are typically self-employed and are paid a small fee from the horse trainer and a percentage of the horse's winnings. Jockeys are mainly male, though there are some well-known female jockeys too. The job has a very high risk of debilitating or life-threatening injuries. Etymology The word is by origin a diminutive of ''jock'', the Northern English or Scots colloquial equivalent of the first name ''John'', which is also used generically for "boy" or "fellow" (compare ''Jack'', ''Dick''), at least since 1529. A familiar instance of the use of the word as a name is in "Jockey of Norfolk" in Shakespeare's ''Richard III''. v. 3, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse Racing
Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic premise – to identify which of two or more horses is the fastest over a set course or distance – has been mostly unchanged since at least classical antiquity. Horse races vary widely in format, and many countries have developed their own particular traditions around the sport. Variations include restricting races to particular breeds, running over obstacles, running over different distances, running on different track surfaces, and running in different gaits. In some races, horses are assigned different weights to carry to reflect differences in ability, a process known as handicapping. While horses are sometimes raced purely for sport, a major part of horse racing's interest and economic importance is in the gambling associated with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Racing Form
The ''Daily Racing Form'' (DRF) (referred to as the ''Racing Form'' or "Form" and sometimes "telegraph" or "telly") is a tabloid newspaper founded in 1894 in Chicago, Illinois, by Frank Brunell. The paper publishes the past performances of racehorses as a statistical service for bettors covering horse racing in North America. The first edition of the DRF was published in Chicago in November 1894 and publishes up to 35 regional editions every day but Christmas. In cooperation with the National Thoroughbred Racing Association and the National Turf Writers and Broadcasters Association, the ''Daily Racing Form'' selects the winners of the annual Eclipse Awards. In 1922, the ''DRF'' publishing company was sold to Moses Annenberg's Triangle Publications, which would eventually be owned by Walter Annenberg. In 2007, the Wicks Group sold ''DRF'' to Arlington Capital Partners for nearly $200 million. Arlington sold the ''DRFs parent company, Sports Information Group (SIG), to Z C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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