What is a GICS sub industry?
What is a GICS sub industry?
GICS is a four-tiered, hierarchical industry classification system. Each company is assigned a single GICS classification at the Sub-Industry level according to its principal business activity. MSCI and S&P Dow Jones Indices use revenues as a key factor in determining a firm’s principal business activity.
How many GICS sub industries are there?
158 Sub-Industries
To provide the level of precision critical in the investment process, the GICS is designed with four levels of classifications that includes 11 Sectors, 24 Industry Groups, 69 Industries, and 158 Sub-Industries. GICS classifications can be presented in either text or numeric formats.
What are the 24 industry groups GICS classification?
GICS Industry Groups
- Automobiles and Components.
- Banks.
- Capital Goods.
- Commercial and Professional Services.
- Consumer Durables and Apparel.
- Consumer Services.
- Diversified Financials.
- Energy.
How do you categorize industries?
Categories and criteria for categorisation
- Industrial Sectors having Pollution Index score of 60 and above – Red category.
- Industrial Sectors having Pollution Index score of 41 to 59 – Orange category.
- Industrial Sectors having Pollution Index score of 21 to 40 – Green category.
What does GICS stand for and what are the 11 sectors?
Global Industry Classification Standard
From Wikipedia, the free encyclopedia. The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor’s (S&P) for use by the global financial community.
Are GIC a good investment?
A GIC (guaranteed investment certificate) is a safe and secure investment with very little risk. You don’t have to worry about losing your money because it is guaranteed. A GIC works like a savings account in that you deposit money into it and earn interest on that money.
What are some different industry sectors?
Aerospace Industry. The aerospace industry is one of the highest technology industries.
What are the categories of industry?
Industries can be classified in a variety of ways. At the top level, industry is often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services).
What is GICs code?
The Global Industry Classification Standard (GICS) is a collaboration between Standard & Poor’s and Morgan Stanley Capital International.* GICS codes are 8-digit codes that correspond to various business or industrial activities, such as Oil & Gas Drilling or Wireless Telecommunication Services.