Last year we unveiled our BASIC methodology which is a comprehensive, systematic and quantitative way of ranking stocks. BASIC measures 43 simple parameters across three categories: Trading History, Corporate Communication and Disclosure. The objective of BASIC is to assess the liquidity, volatility and transparency of listed corporations. Our assumption is that a listed company with better liquidity, lower volatility and greater transparency will constitute a less risky investment. Our methodology aims to rank the relative risk of GCC corporations.