Applicability of Fuzzy TOPSIS Method in Optimal Portfolio Selection and an Application in BIST

作者: Oguzhan Ece , Ahmet Serhat Uludag

DOI: 10.5539/IJEF.V9N10P107

关键词: Investment (macroeconomics)PortfolioSelection (genetic algorithm)Fuzzy topsisCapital marketMathematical optimizationStructure (mathematical logic)EconomicsActuarial scienceProject portfolio managementRevenue

摘要: General structure of saving-investment cycle and the effectiveness this are included in most significant issues financial system. One points intervention providing an effective is possible through channeling savings toward optimal investment fields. This study aims at detecting existence alternative methods determining selection combination risk revenue perspective individual corporate investors who would like to evaluate their capital markets. For purpose, applicability Fuzzy TOPSIS method, one multi-criteria decision making techniques portfolio was researched. The stock alternatives ranked according method examined by comparing them results determined Markowitz, modern management techniques. In where performance indexes were used as assessment criteria both discussed terms a certain level Johnson Sharp Indexes. obtained that created using revealed quite positive performance, pointed well.

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