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A multicriteria DSS for stock evaluation using fundamental analysis

Zopounidis Konstantinos, Matsatsinis Nikolaos, Georgios D. Samaras

Απλή Εγγραφή


URIhttp://purl.tuc.gr/dl/dias/3AF086C9-480E-4170-BDCD-057FDBE1D1B4-
Αναγνωριστικόhttp://www.sciencedirect.com/science/article/pii/S0377221706008459-
Αναγνωριστικό10.1016/j.ejor.2006.09.020-
Γλώσσαen-
Μέγεθος22 pagesen
ΤίτλοςA multicriteria DSS for stock evaluation using fundamental analysisen
ΔημιουργόςZopounidis Konstantinosen
ΔημιουργόςΖοπουνιδης Κωνσταντινοςel
ΔημιουργόςMatsatsinis Nikolaosen
ΔημιουργόςΜατσατσινης Νικολαοςel
ΔημιουργόςGeorgios D. Samarasen
ΕκδότηςElsevieren
ΠερίληψηThe paper describes a multicriteria decision support system which aims at presenting an evaluation of the Athens Stock Exchange (ASE) stocks, on the basis of fundamental analysis. The system evaluates the stocks based on the method of fundamental analysis ratios, which is the most appropriate evaluation approach regarding investment decisions within a long term horizon. In addition to quantitative data deriving from fundamental analysis, the system uses qualitative data as well, in order to improve the reliability of the evaluation. The system introduced in this paper, utilises multicriteria analysis methodologies in order to rank the stocks by placing the best stock first and the worst last. Stock evaluation considers the specific characteristics of the potential investor, as well as his attitude towards undertaken risk. The final output of the system is four stock rankings which respond to four different criteria groups, depending on the type of accounting plan each listed company belongs to. The system incorporates a large volume of relevant information and operates in ‘real world conditions’ since its data are constantly updated. Finally, the system is intended for both institutional and private investors.en
ΤύποςPeer-Reviewed Journal Publicationen
ΤύποςΔημοσίευση σε Περιοδικό με Κριτέςel
Άδεια Χρήσηςhttp://creativecommons.org/licenses/by/4.0/en
Ημερομηνία2015-11-09-
Ημερομηνία Δημοσίευσης2008-
Θεματική ΚατηγορίαMultiple criteria analysisen
Θεματική ΚατηγορίαDecision support systemsen
Θεματική ΚατηγορίαStock evaluationen
Βιβλιογραφική ΑναφοράG. D. Samaras, N. F. Matsatsinis, and C. Zopounidis, "A multicriteria DSS for stock evaluation using fundamental analysis", Europ. J. Operat. Res., vol. 187, no. 3, pp. 1380-1401, Jun. 2008. doi:10.1016/j.ejor.2006.09.020en

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