URI | http://purl.tuc.gr/dl/dias/3AF086C9-480E-4170-BDCD-057FDBE1D1B4 | - |
Αναγνωριστικό | http://www.sciencedirect.com/science/article/pii/S0377221706008459 | - |
Αναγνωριστικό | 10.1016/j.ejor.2006.09.020 | - |
Γλώσσα | en | - |
Μέγεθος | 22 pages | en |
Τίτλος | A multicriteria DSS for stock evaluation using fundamental analysis | en |
Δημιουργός | Zopounidis Konstantinos | en |
Δημιουργός | Ζοπουνιδης Κωνσταντινος | el |
Δημιουργός | Matsatsinis Nikolaos | en |
Δημιουργός | Ματσατσινης Νικολαος | el |
Δημιουργός | Georgios D. Samaras | en |
Εκδότης | Elsevier | en |
Περίληψη | The 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 |
Τύπος | Peer-Reviewed Journal Publication | en |
Τύπος | Δημοσίευση σε Περιοδικό με Κριτές | el |
Άδεια Χρήσης | http://creativecommons.org/licenses/by/4.0/ | en |
Ημερομηνία | 2015-11-09 | - |
Ημερομηνία Δημοσίευσης | 2008 | - |
Θεματική Κατηγορία | Multiple criteria analysis | en |
Θεματική Κατηγορία | Decision support systems | en |
Θεματική Κατηγορία | Stock evaluation | en |
Βιβλιογραφική Αναφορά | G. 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.2006.09.020 | en |