When doing machine learning, do we normally use several algorithms for comparison? For example, if the RMSE of SVM is 0.1, how do I come up with the conclusion that this model performed well? Just based on saying RMSE value is low, so the result is good? But if there is no comparison, how do I say it is low?
Or shall I include other algorithms e.g. random forest etc to do a comparison of the value? I intended to use only SVM regression, but now I am a bit stuck at the interpretation of the results.. Thank you in advance!