Pregled bibliografske jedinice broj: 975273
Using Grey Incidence Analysis Approach in Portfolio Selection
Using Grey Incidence Analysis Approach in Portfolio Selection // International Journal of Financial Studies, 7 (2019), 1; 1-16 doi:10.3390/ijfs7010001 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 975273 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Using Grey Incidence Analysis Approach in Portfolio Selection
Autori
Škrinjarić, Tihana ; Šego, Boško
Izvornik
International Journal of Financial Studies (2227-7072) 7
(2019), 1;
1-16
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Portfolio Selection ; Grey Relational Analysis ; Stock Market, Financial Ratios ; Market Data ; Performance Measurement
Sažetak
Due to the development of financial markets, products, financial and mathematical models, portfolio selection today represents a comprehensive set of activities. Investors take into consideration many different factors, such as the market factors ; return distribution characteristics and financial statements information. This research applies a Grey Relational Analysis (GRA) approach of evaluating the performance on a sample of stocks by using those different factors into consideration. The results based upon a sample of 55 stocks for the trading year 2017 on Croatian capital market show that using GRA approach in portfolio selection provides a useful guidance for investors when making investment decisions and better portfolio results in terms of risk and return are reachable compared to an equally weighted portfolio benchmark.
Izvorni jezik
Engleski
Znanstvena područja
Matematika, Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Zagreb
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- Scopus
- EconLit
