Services-Business Services, Nec

68 US-listed companies SEC classification 7389 · all industries

How much this is one bet

13% of the closest matches for a typical Services-Business Services, Nec company are other Services-Business Services, Nec companies. That is low, which means the label is doing less work than it looks like: these companies are classified together but do not move together.

How the industry moves

Companies 68
Traded per day $15.3B
Median volatility 47.7%
Median beta vs SPY 0.79
Rate sensitivity -0.16
Volatility sensitivity -0.21

Measured from one year of daily returns. Rate sensitivity is the median correlation between a company's daily return and the daily change in the 10-year Treasury yield: positive means the industry tends to rise on days yields rise. It is a correlation, not a forecast, and a low number over one year is a statement about this year.

On the public record

Shares sold short 1.08B
Median days to cover 4.9
Insider purchases 36
Insider sales 720
Congressional trades 858
Institutions’ reported value $1.41T
Combined revenue as filed $633.01B

The companieslargest 60 by daily turnover

TickerCompanyTraded per dayBetaDays to cover
V Visa Inc. $2.5B 0.34 2.8
MA Mastercard Incorporated $1.7B 0.31 2.6
UBER Uber Technologies, Inc. $1.2B 0.78 3.0
ACN Accenture plc Class A Ordinary Shares (Ireland) $1.1B -0.04 5.0
BABA Alibaba Group Holding Limited American Preferred $1.1B 0.90 2.6
MELI MercadoLibre, Inc. $788.9M 1.23 2.0
DASH DoorDash, Inc. $786.2M 1.33 4.3
PYPL PayPal Holdings, Inc. $606.0M 0.89 2.6
PDD PDD Holdings Inc. $508.9M 0.63 4.3
EBAY eBay Inc. $412.3M 0.53 4.0
AKAM Akamai Technologies, Inc. $401.4M 1.43 6.6
FICO Fair Isaac Corporation $352.5M 0.26 7.7
MSCI MSCI Inc. $341.3M 0.38 2.3
FISV Fiserv, Inc. $319.1M 0.40 6.3
ETSY Etsy, Inc. $225.4M 0.96 3.9
GPN Global Payments Inc. $223.7M 0.75 6.0
FIS Fidelity National Information Services, Inc. $220.0M 0.00 3.3
CPAY Corpay, Inc. $190.9M 0.54 6.7
CSGP CoStar Group, Inc. $183.6M 0.07 2.5
CART Maplebear Inc. $182.6M 0.41 4.4
BR Broadridge Financial Solutions, Inc. $169.6M 0.00 2.4
LYFT Lyft, Inc. $166.5M 1.27 7.4
GRAB Grab Holdings Limited - Class A Ordinary Shares $163.8M 1.12 8.3
RBA RB Global, Inc. $149.4M 0.68 7.1
Z Zillow Group, Inc. - Class C Capital Stock $121.6M 1.32 3.7
TCOM Trip.com Group Limited $118.5M 0.32 6.1
WEX WEX Inc. $97.5M 0.20 4.5
RELX RELX PLC PLC American Preferred $79.1M 0.14 3.6
HQY HealthEquity, Inc. $75.2M 0.45 4.3
FOUR Shift4 Payments, Inc. Class A $74.2M 1.28 7.3
RELY Remitly Global, Inc. $72.4M 1.70 5.7
EXLS ExlService Holdings, Inc. $71.6M -0.10 5.1
SEZL Sezzle Inc. $70.8M 1.79 9.2
XMTR Xometry, Inc. $63.6M 2.37 7.3
WU The Western Union Company $56.2M 0.25 6.3
KSPI Joint Stock Company Kaspi.kz - American Depository Shares $41.9M 0.93 1.9
MMS Maximus, Inc. $36.5M 0.17 7.3
ZG Zillow Group, Inc. $34.6M 1.31 4.2
CNXC Concentrix Corporation $32.6M 0.58 7.5
PAY Paymentus Holdings, Inc. Class A $28.7M 0.89 2.3
FLYW Flywire Corporation - Voting $28.6M 1.33 8.9
NUTX Nutex Health Inc. $26.7M 1.76 8.7
DLO DLocal Limited - Class A $26.7M 1.59 6.0
TNET TriNet Group, Inc. $21.3M 0.00 5.0
PAYO Payoneer Global Inc. $19.3M 0.73 6.0
QNST QuinStreet, Inc. $12.5M 0.36 5.5
MAX MediaAlpha, Inc. Class A $9.7M 0.29 5.4
LQDT Liquidity Services, Inc. $8.4M 0.67 5.1
RSKD Riskified Ltd. Class A Ordinary Shares $8.2M 0.90 1.0
PAYS Paysign, Inc. $7.9M 0.72 2.2
PHR Phreesia, Inc. $7.6M 0.31 3.4
RDWR Radware Ltd. $7.3M 1.42 3.8
ALIT Alight, Inc. Class A $6.5M 1.03 2.0
FVRR Fiverr International Ltd. Ordinary Shares, no par value $5.9M 0.97 5.6
IMXI International Money Express, Inc. $5.2M 0.40 3.5
DVLT Datavault AI Inc. $5.0M 1.85 1.9
CTEV Claritev Corporation Class A $4.1M 2.34 7.3
CASS Cass Information Systems, Inc $3.8M 0.27 4.3
PRTH Priority Technology Holdings, Inc. $2.8M 1.24 4.8
ADV Advantage Solutions Inc. $2.5M 0.93 7.1

What “one bet” means, and how it is measured

For every security this site computes its closest matches across the whole market, by one-year daily-return correlation. Cohesion asks a simple question of that: of the ten closest matches for each company in this industry, what share are also in this industry?

A high number means the classification is doing real work — these companies genuinely move together, and the industry is closer to a single position than to a set of independent ones. Trucking, shipping, homebuilders and airlines sit at the top of that measure, which is what anyone who has held two of them would tell you.

A low number means the opposite: the SEC's code groups them, but the market does not. That is worth knowing before treating an industry label as a diversification plan.

Where these numbers come from

What is deliberately absent

No index, no sector return, no performance figure. Aggregating company returns into an industry return would be republishing the licensed price history in a thin disguise, and it would also be wrong — there is no defensible weighting to choose. The statistics here are all invariant to that problem: a median, a correlation, a count, or a sum of filed figures.

All industries, ranked · each company's own page is under security pages.