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How can an understanding of industry hierarchies, such as those in the S&P 5 0 0 , aid in the analysis of a company's revenue

How can an understanding of industry hierarchies, such as
those in the S&P 500, aid in the analysis of a company's
revenue and cost estimations?
It enables the analyst to calculate the company's market capitalization.
trovides insight into the broad market trends that may impact the
company's performance:
Qlican help identify the company s direct competitors:
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