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The Global Industry Classification Standard (GICS) and NAICS

The Global Industry Classification Standard (GICS) and NAICS

GICS is a global industry taxonomy, developed by Standard & Poor’s and MSCI in 1999. It includes eleven sectors, 24 industry groups, 69 industries, and 158 sub-industries. The standard classifies all major public companies in the world. You may also have heard of the NAICS.

GICS

The Global Industry Classification Standard (GICS) is a system used to classify companies by industry. It was developed by Standard & Poor’s and MSCI in 1999. The system consists of 11 sectors, 24 industry groups, 69 industries and 158 sub-industries. All major public companies are classified by S&P using the GICS.

The GICS classification scheme consists of four increasingly specific divisions that describe the types of companies in a particular industry. Companies in each of these divisions have distinct characteristics, and the GICS classification scheme can help investors and brokers understand the current state of global markets. More than 95% of all stocks are listed on the GICS, and the system is updated annually.

NAICS

The Global Industry Classification Standard is a taxonomy for industry sectors and companies. It was developed in 1999 by Standard & Poor’s and MSCI. It includes 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries. Most major public companies are classified by this standard.

The main factors that determine a company’s sector are its primary source of revenue and earnings analysis. Additionally, market perception is a critical factor. The GICS was updated in 2016, adding a real estate sector. In addition, the telecommunications sector was renamed to “communication services” and expanded to include media and entertainment interests previously grouped into the consumer discretionary and information technology sectors.

ICB

The Global Industry Classification Standard ICB is a system that helps investors value companies by allocating them to a sector. The ICB system uses an audited financial statement to determine the industry sector a company falls into. It also utilizes the FTSE Russell Governance process to capture the opinions of industry experts. This four-tier system allows investors to compare like organizations. It also assigns companies to subsectors based on a transparent research process that considers revenue sources and publicly available information.

The Global Industry Classification Standard is used by many stock exchanges around the world. This system is also used by investment professionals to analyze investments and develop financial products. According to the ICB, every stock exchange-listed company falls into a specific industry based on its primary source of revenue and other publicly available information. The ICB system currently classifies over 100,000 equity securities.

Information

The Global Industry Classification Standard (GICS) is a taxonomy for industry classification. It was developed in 1999 by Standard & Poor’s and MSCI. It includes 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries. It also classifies all publicly traded companies.

GICS is based on a demand-oriented model, i.e. it groups companies by their purchasing habits. Unlike the traditional industry-based classification, it does not group companies by their product or service.

Cable

Cables used in industrial applications are frequently exposed to a variety of physical hazards. Some of these hazards include extreme temperatures, UV radiation, and moisture. Others include vibration, impacts, and other environmental factors. To protect against these hazards, cable manufacturers must create cables that can withstand multiple cycles of flexing.

Cable services are usually categorized into different tiers. Each tier represents a different type of service offered by the cable operator. These tiers are usually priced differently. Tiers can include basic service, cable programming, per-channel service, and pay-per-view services.

Real Estate

The Global Industry Classification Standard (GICS) was developed in 1999 by Standard & Poor’s and MSCI. It consists of eleven sectors, 24 industry groups, 69 industries, and 158 sub-industries. All major public companies are classified according to this system. The GICS helps investors identify potential opportunities and risks, and helps them decide which industry to invest in.

Real Estate is being reclassified to become the 11th headline industry group within the Global Industry Classification Standard (GICS). The ICB Financials Industry group, which comprises more than 20 percent of global equity market capitalization, is being restructured to include this industry. This restructuring is expected to take place after market close on December 31, 2018.

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