GICS packages the Global Industry
Classification Standards (GICS) dataset for consumption in R. Install
the development version from github using:
devtools::install_github("bautheac/GICS").
The GICS is a standardized classification system for equities developed jointly by Morgan Stanley Capital International (MSCI) and Standard & Poor’s. The GICS methodology is used by the MSCI indexes, which include domestic and international stocks, as well as by a large portion of the professional investment management community. The GICS hierarchy begins with 11 sectors and is followed by 24 industry groups, 68 industries, and 157 sub-industries. Each stock that is classified will have a coding at all four of these levels.
The standards available in the standards dataset:
library(GICS)
head(standards)
#> sector id sector name industry group id industry group name industry id
#> 1 10 Energy 1010 Energy 101010
#> 2 10 Energy 1010 Energy 101010
#> 3 10 Energy 1010 Energy 101020
#> 4 10 Energy 1010 Energy 101020
#> 5 10 Energy 1010 Energy 101020
#> 6 10 Energy 1010 Energy 101020
#> industry name subindustry id subindustry name
#> 1 Energy Equipment & Services 10101010 Oil & Gas Drilling
#> 2 Energy Equipment & Services 10101020 Oil & Gas Equipment & Services
#> 3 Oil, Gas & Consumable Fuels 10102010 Integrated Oil & Gas
#> 4 Oil, Gas & Consumable Fuels 10102020 Oil & Gas Exploration & Production
#> 5 Oil, Gas & Consumable Fuels 10102030 Oil & Gas Refining & Marketing
#> 6 Oil, Gas & Consumable Fuels 10102040 Oil & Gas Storage & Transportation
#> description
#> 1 Drilling contractors or owners of drilling rigs that contract their services for drilling wells
#> 2 Manufacturers of equipment, including drilling rigs and equipment, and providers of supplies and services to companies involved in the drilling, evaluation and completion of oil and gas wells.
#> 3 Integrated oil companies engaged in the exploration & production of oil and gas, as well as at least one other significant activity in either refining, marketing and transportation, or chemicals.
#> 4 Companies engaged in the exploration and production of oil and gas not classified elsewhere.
#> 5 Companies engaged in the refining and marketing of oil, gas and/or refined products not classified in the Integrated Oil & Gas or Independent Power Producers & Energy Traders Sub-Industries.
#> 6 Companies engaged in the storage and/or transportation of oil, gas and/or refined products. Includes diversified midstream natural gas companies facing competitive markets, oil and refined product pipelines, coal slurry pipelines and oil & gas shipping companies.Although GICS is self-contained it belongs to the finRes suite of packages where it helps with data wrangling and analysis.