CoverageActionEnum
RIXML 2.5 Enumeration
Enumeration defining actions publishers can take regarding research coverage including Initiate (start coverage), Suspend (temporarily halt), Drop (permanently end), and Resume (restart after suspension).
Usage
Used as value for Security coverageAction attribute to indicate changes in publisher's coverage status for specific securities. Important for tracking analyst coverage universe changes.
Business Context
Essential for investment professionals to track which securities are actively covered by research analysts, supporting coverage universe management and ensuring access to ongoing research analysis.
Specification Guide
Overview
The CoverageActionEnum enumeration defines the standardized actions that research publishers can take regarding their analyst coverage of securities, issuers, sectors, or other research subjects. This enumeration provides a controlled vocabulary for communicating coverage lifecycle changes, including initiating new coverage, suspending coverage temporarily, permanently dropping coverage, or resuming previously suspended coverage. The enumeration is critical for tracking analyst coverage universe changes and ensuring transparency about research availability across the investment industry.
Usage
Use CoverageActionEnum when indicating changes in research coverage status through the coverageAction, coverageAction, or similar coverage-related attributes. Select Initiate when beginning coverage for the first time, Suspend when temporarily halting coverage with potential for resumption, Drop when permanently ending coverage, and Resume when restarting previously suspended coverage. Publishers should use the standard enumerated values rather than creating custom equivalents through PublisherDefined options to ensure proper interoperability and search functionality.
Rules
- INFORMATIVECoverage actions follow a logical lifecycle where publishers may suspend coverage and subsequently choose to either drop or resume that coverage[RIXML Research Data Dictionary v2.5.1 p.80]
- MUSTPublishers must not bypass enumeration lists solely to simplify their internal processing[RIXML Implementation Guide v2.5.1 p.28]
- INFORMATIVEThe CoverageActionEnum values are a subset of the RatingActionEnum values, with RatingActionEnum containing many additional options beyond those in CoverageActionEnum[RIXML v3 Enum Review 6: Ratings, Weightings, Estimates, Actions p.7]↗
Relationships
- constrainsSecurity.coverageAction — The coverageAction attribute uses CoverageActionEnum values to indicate changes in publisher coverage status for specific securities
- qualifiesCoverageUpdate — CoverageActionEnum values are used within CoverageUpdate elements to communicate coverage status changes
- constrainsRatingActionEnum — CoverageActionEnum represents a focused subset of actions available in RatingActionEnum, specifically tailored for coverage management scenarios
Where It Fits
Elements using this type (5)
Definition
| Base Type | string |
Enumeration Values
Initiate |
| Initiate |
The analyst or research organization is beginning formal coverage of an issuer or security for the first time Use when an analyst starts providing research opinions and recommendations on a previously uncovered entity [RIXML Research Data Dictionary v2.5.1 p.49] ActiveSince 2.1 |
Suspend |
| Suspend |
Publisher is temporarily pausing coverage with the possibility of later dropping or resuming Select when coverage is temporarily halted but the final decision to drop or resume has not been made [RIXML Research Data Dictionary v2.5.1 p.80] ActiveSince 2.1 |
Drop |
| Drop |
Coverage is being permanently discontinued and the publisher will no longer publish research on this topic Use when an analyst or firm definitively ends coverage of a security, sector, or subject area [RIXML Research Data Dictionary v2.5.1 p.80] ActiveSince 2.1 |
Resume |
| Resume |
Publisher is restarting coverage of a topic that was previously suspended or dropped Select when coverage is being reestablished after a period of suspension or discontinuation [RIXML Research Data Dictionary v2.5.1 p.80] ActiveSince 2.1 |
Examples
<!-- Example usage of CoverageActionEnum enumeration -->
<element type="CoverageActionEnum">Initiate</element>Version History
Unchanged since introduction in RIXML 2.1
The core values Initiate, Suspend, Drop, and Resume have been stable across RIXML versions 2.1 through 2.5. In version 3.0 drafts, consideration has been given to adding Transfer (indicating analyst change while maintaining coverage) and Maintain (for consistency with other action enumerations) to better capture coverage transition scenarios. The enumeration's relationship to RatingActionEnum as a focused subset was clarified in version 3.0 development.
Business Rules
Publishers must not bypass enumeration lists solely to simplify their internal processing
Coverage actions follow a specific lifecycle where publishers may suspend coverage and subsequently choose to either drop or resume that coverage
Semantic Relationships
Implies2 relationships
Suspending coverage creates the possibility to subsequently resume coverage of the same topic
RIXML Research Data Dictionary v2.5.1, p.80— Suspend
Suspending coverage creates the possibility to subsequently drop coverage permanently
RIXML Research Data Dictionary v2.5.1, p.80— Suspend
Contrasts With1 relationship
Publishers should use the standard Initiate enumeration value rather than creating a PublisherDefined equivalent like Initiating, as this ensures proper search functionality and content aggregation
RIXML Implementation Guide v2.5.1, p.28— EXAMPLE 1: