RatingActionEnum
RIXML 2.5 Enumeration
Enumeration defining actions regarding investment ratings including Upgrade, Downgrade, Reiterate, Initiate, Drop, and other rating change indicators. Used to track analyst recommendation modifications.
Usage
Used as value for Rating ratingAction attribute to indicate changes in publisher's investment rating for specific securities. Signals significant analyst actions affecting investment recommendations.
Business Context
Essential for tracking investment recommendation changes that directly impact portfolio decisions, enabling investors and systems to identify and respond to evolving analyst sentiment and conviction levels.
Where It Fits
Definition
| Base Type | string |
Enumeration Values
Upgrade |
| Upgrade |
The publisher is raising its rating to a more positive assessment Use when improving a rating to reflect better prospects or reduced risk [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Reiterate |
| Reiterate |
The publisher has reviewed and confirmed its existing rating without change Use when maintaining the current rating after conducting a review or reassessment [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Downgrade |
| Downgrade |
The publisher is lowering its rating to reflect a more negative assessment Use when reducing a rating due to deteriorating conditions or increased risk [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Initiate |
| Initiate |
The publisher is establishing its first rating for this particular subject Use when assigning a rating for the first time to a previously unrated entity or security [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Drop |
| Drop |
The publisher is discontinuing coverage and will no longer provide ratings for this subject Use when ceasing to provide ongoing rating coverage for a previously rated entity [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Revise |
| Revise |
The publisher is modifying aspects of the rating that don't constitute clear upgrade or downgrade actions Use when changing rating components like risk or volatility assessments that don't fit upgrade/downgrade classifications [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
NewRating |
| New Rating |
A fresh rating has been assigned to the subject Use when establishing a rating that represents a new assessment approach or methodology [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
Affirmed |
| Affirmed |
The rating has undergone review and been confirmed as appropriate Use when formally confirming a rating after conducting a thorough review process [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
PositiveOutlook |
| Positive Outlook |
The rating may be improved in the future based on current trends and expectations Use when indicating potential for rating improvement without making an immediate change [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
NegativeOutlook |
| Negative Outlook |
The rating may be lowered in the future based on current trends and expectations Use when indicating potential for rating deterioration without making an immediate change [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
ReviewForUpgrade |
| Review For Upgrade |
The rating is under active consideration for improvement to a higher level Use when formally reviewing a rating with the specific intention of potentially upgrading it [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
ReviewForDowngrade |
| Review For Downgrade |
The rating is under active consideration for reduction to a lower level Use when formally reviewing a rating with the specific intention of potentially downgrading it [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
ReviewDirectionUncertain |
| Review Direction Uncertain |
The rating is under review but the potential direction of change is undetermined Use when conducting a rating review without clear expectation of whether it will be upgraded or downgraded [RIXML Research Data Dictionary v2.5.1 p.97] ActiveSince 2.1 |
RatingWithdrawn |
| Rating Withdrawn |
The rating has been removed from active status and is no longer valid Use when formally removing a rating from circulation due to various circumstances [RIXML Research Data Dictionary v2.5.1 p.98] ActiveSince 2.1 |
RatingRestored |
| Rating Restored |
A previously withdrawn or suspended rating has been reactivated and returned to active status Use when bringing back a rating that was previously withdrawn or suspended [RIXML Research Data Dictionary v2.5.1 p.98] ActiveSince 2.3 |
Refresh |
| Refresh |
Supporting data has been updated while the actual rating remains unchanged and unreviewed Use when updating financial data, prices, or charts without conducting a rating review or changing the rating itself [RIXML Research Data Dictionary v2.5.1 p.98] ActiveSince 2.4 |
Restricted |
| Restricted |
The rated entity is subject to distribution restrictions that limit the availability of the rating Use when regulatory or compliance requirements restrict the distribution or publication of ratings [RIXML Research Data Dictionary v2.5.1 p.98] ActiveSince 2.4 |
Examples
<!-- Example usage of RatingActionEnum enumeration -->
<element type="RatingActionEnum">Upgrade</element>Version History
RatingRestoredRefresh, RestrictedSemantic Relationships
Contrasts With2 relationships
Upgrade and downgrade represent opposing directional changes in a publisher's rating opinion
RIXML Research Data Dictionary v2.5.1, p.97— Upgrade
Refresh indicates supporting financial data has been revised without rating review, while affirmed indicates the rating itself has been reviewed and maintained
RIXML Research Data Dictionary v2.5.1, p.98— Refresh
Triggers Action1 relationship
When a rating is marked as restricted, it affects the distribution entitlements and limits who can access the research publication
RIXML Research Data Dictionary v2.5.1, p.98— Restricted