Sector

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Sector

Used to characterize a group of securities that are similar with respect to maturity, type, rating, industry, and/or coupon.

Sector

A set of securities or individual companies that are similar to each other. For example, all automotive companies in the United States are said to belong to the American automotive sector. See also: Industry.

sector

A group of securities (such as airline stocks) that share certain common characteristics. Stocks that are particularly interest-sensitive are considered a sector.

Sector.

A sector is a segment of the economy that includes companies providing the same types of products or services.

For example, the utility sector provides electric power, natural gas, water, or a combination of these services. This sector may also include companies who produce power and those that trade it.

Companies within a sector tend to be reasonably consistent in their average earnings per share, price/earnings ratios (P/Es), and other fundamentals. But fundamentals may differ substantially from one sector to another. For example, some sectors are cyclical, rising and falling with changes in the economy while others are defensive, maintaining their strength despite economic ups and downs.

Since there's no official list of sectors, there can be confusion about how many sectors there are, what they're called, and what companies are included in them. For example, transportation is sometimes a standalone sector and sometimes included as part of the industrial sector.

Sector indexes, some of which are broad while others are very narrow, track many of the major sectors of the economy.

sector

a part of the economy that has certain common characteristics that enable it to be separated from other parts of the economy for analytical or policy purposes. A broad division may be made, for example, between economic activities undertaken by the state (the PUBLIC SECTOR) and those that are undertaken by private individuals and businesses (the PRIVATE SECTOR). The private sector, in turn, may be subdivided into the PERSONAL SECTOR (private individuals and households), the CORPORATE SECTOR (businesses supplying goods and services) and the FINANCIAL SECTOR (businesses providing financial services).
References in periodicals archive ?
MEPs aim to prohibit such refusal for the sectoral professions and for those with a common training framework.
The sectoral committees are a departure from the government's earlier approach to impose strict Omanisation targets that often eroded business confidence in some economic sectors.
Iatrogenic bile duct injury associated with anomalies of the right hepatic sectoral ducts: a misunderstood and underappreciated problem.
Egypt has been hit by a series of labour strikes sectoral protests and riots after the ouster of president Hosni Mubarak on February 11.
production depart from Dupor's (1999) sufficient conditions for the irrelevance of sectoral shocks, it is generally not straightforward to characterize how this departure translates into sectoral contributions to aggregate variability.
Much like the other sectoral funds, these are also cyclical in nature.
The assistance program for the agricultural sectoral policy will span three years and target the eastern region as well as the regions of Draa, Boulemane and Tafilalet.
Sectoral approaches in electricity; building bridges to a safe climate.
Turkish Statistical Institute, or TurkStat, announced Tuesday sectoral water and waste water statistics for the year 2008.
In terms of sectoral earnings growth, only two sectors experienced an increase, while the remaining four recorded either a loss or a decline in their profits.
This paper looks at the impact of exchange rate volatility on real sectoral exports for Austria, Denmark, France, Ireland, Italy, Greece, Portugal, U.