Loop performance indicates the performance of control loops, typically in the context of a regulatory PID loop. Performance refers to the accuracy of a control system's ability to track (output) the desired signals to properly regulate the plant it is attached to.
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“What avails it that you are a Christian, if you are not purer than the heathen, if you deny yourself no more, if you are not more religious? I know of many systems of religion esteemed heathenish whose precepts fill the reader with shame, and provoke him to new endeavors, though it be to the performance of rites merely.”
—Henry David Thoreau (1817–1862)