Novel Approaches to Identify Clusters Using Independent Components Analysis with Application

Table 5

The ICA-based clusters using ranked approach (case: SOBI).

Cluster no.	Cluster size	Companies
1	5	HUBC, PAKT, PSO, PSYL, and SITC
2	4	AGTL, FECTC, HSPI, and NRL
3	3	ATBA, DGKC, and ICI
4	2	AICL and POL
5	2	BOP and NML
6	2	BWHL and NATF
7	2	EMCO and SAIF
8	2	GLPL and NBP
9	2	MIRKS and SANSM
10	2	PECO and SAZEW