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What is Rank? What does 'ic' denote?
The rank column shows where an analyst places in the list of current analysts covering a stock or industry. Ties are assigned the same rank. An "ic" denotes that an analyst has insufficient coverage to be ranked. To be ranked on Earnings Estimate Accuracy on a single stock, an analyst must have 20% coverage in at least 60% of the periods in the selected time interval. To be ranked on Earnings Estimate Accuracy in an industry, StarMine requires that for 60% of the time periods in an interval, the analyst must have 20% coverage on at least 5 stocks that either trade or are domiciled in the industry and region. To be ranked on Industry Excess Return, StarMine requires that for 75% of the days in the selected time interval, an analyst must have a recommendation on at least 5 stocks that either trade or are domiciled in the industry and region. If an industry has fewer than 15 stocks, the 5-stock requirement is reduced to 1/3 of the stocks in the industry, but must include at least 3 stocks. In addition to the coverage requirements on stocks in the industry, StarMine also requires that at least 50% or no fewer than 5 stocks in the analyst's overall coverage be domiciled in the region. StarMine discloses the names of analysts and brokers that rank in the top half on a given stock or industry. For example, in estimate accuracy rankings, an analyst must have an Estimate Accuracy Score of 50 or more to be disclosed. For profitability, the analyst must be in the top half of the list to be disclosed. ![]() For users who have access to the Groupwide tab, this information is available on the Industry Rankings page. Any analyst that ranks in an industry, for either recommendations or estimates, will be displayed here. Select a Recommendations time period to view analysts who rank for Recommendation performance, or an Estimate Accuracy time period to view analysts who rank for Estimate Accuracy. Analysts in the first decile rank in the top 10% of their industry; analysts in the second decile rank in the top 20% of their industry, and so on. ![]() To be ranked on stock recommendation accuracy, StarMine requires that for at least 75% of the days in the selected time interval, an analyst must have a recommendation on at least 5 stocks that either trade or are domiciled in the industry and region. If an industry has fewer than 15 stocks, the 5-stock requirement is reduced to 1/3 of the stocks in the industry, but must include at least 3 stocks. In addition to the coverage requirements on stocks in the industry, StarMine also requires that at least 50% or no fewer than 5 stocks in the analyst's overall coverage be domiciled in the region. ![]() To be ranked on Earnings Estimate Accuracy in an industry, StarMine requires that for 60% of the time periods in an interval, the analyst must have 20% coverage on at least 5 stocks that either trade or are domiciled in the industry and region. If an industry has fewer than 15 stocks, the 5-stock requirement is reduced to 1/3 of the stocks in the industry, but must include at least 3 stocks. In addition to the coverage requirements on stocks in the industry, StarMine also requires that at least 50% or no fewer than 5 stocks in the analyst's overall coverage be domiciled in the region. ![]() When viewing the performance rankings of analysts by industry or by stock, the analysts who are ranked below the mean are anonymous to outside firms. In other words, you can view the performance for all the analysts in your firm, but only better-than-average analysts from other firms. ![]() An analyst whose firm submits their recommendations and estimate data to Refinitiv can see their ranks on their Standard All-Stock Performance Summary. Their ranks do not appear in the Internal View on the Internal All-Stock Performance Summary for several reasons. StarMine uses metrics from the Standard View in public rankings because these metrics measure all analysts in the same way. The metrics in the Internal View are not used for public rankings because your firm may customize them in one or more of the following ways: ![]() Analysts and teams whose data is not publicly available are not included in StarMine's public rankings. However, since these analysts are interested in knowing how they would rank if their data were public, StarMine provides "non-public" ranks for internal use. Whenever non-public ranks appear in the application, they are marked as such. ![]() In the North America region, securities are classified according to the Global Industry Classification System (More on GICS). In other regions, where GICS industries may contain too few stocks to be used for meaningful analyst rankings, StarMine combines GICS industries, creating a broader industry that reflects the coverage universes of analysts covering that industry. To view how industries have been combined in a given region, look at the Industry Map, accessible from the Industry List on the Industry tab. ![]() The Component Stocks page lists the stocks in each industry in each region, along with each stock's return, the number of analysts covering the stock, and your firm's current recommendation on the stock. To reach this page from the Analyst performance page click on the name of the industry. Alternatively, reach the page via the Industry tab and the Component Stocks sub-tab. |