The Performance Panel is a quick-filtering tool available on your Google and Bing Dashboards.
Note: The Performance Panel honors when setting up Comparison Date Ranges and will display "before and after" snapshots.
It allows you to use your pre-saved filters to generate quick views of products in your campaigns.
Additionally, you can use this to quickly navigate to Update Bids using the same filter you have selected:
To use properly:
Select your desired Filter
Select a Campaign you wish to apply it to
View your performance (date-range respective)
Click View Products to be taken to the Update Bids tool