Stock Portfolio Optimization Using Pythagorean Fuzzy Numbers
Journal Title: Journal of Operational and Strategic Analytics - Year 2023, Vol 1, Issue 1
Abstract
Linear programming problems (LPP) have been widely used to address real-world problems, including the stock portfolio problem. In this study, an approach is proposed that incorporates Pythagorean fuzzy numbers (PFN) in the rate of risked return, portfolio risk amount, and expected return rate. The problem is transformed into a deterministic form using the scoring function, and a solution algorithm is being developed to provide portfolio investment choices. One of the key features of this study is the investor's ability to choose risk coefficients to increase expected returns and set their circumstances while determining their strategies. The optimum return rate is identified using the TORA program. An example is provided to demonstrate the efficiency and reliability of the method.
Authors and Affiliations
Salwa El-Morsy
Keywords
Related Articles
- EP ID EP731838
- DOI https://doi.org/10.56578/josa010102
- Views 88
- Downloads 0
Prioritizing Governance and Anti-Corruption Strategies in Nigeria Using the Fermatean Fuzzy Method
The enhancement of governance and the implementation of effective anti-corruption strategies are critical for fostering public trust, accountability, and transparency in developing countries. In this study, a structured...
Towards a Fuzzy Approach for Optimizing Single Machine Common Due Date Scheduling Problem under Uncertainty
This investigation explores the scheduling of jobs on a single machine, where each job possesses a common due date, and processing time is characterized by pentagonal fuzzy numbers (PFNs). The primary objective is to min...
Ergonomic Performance Evaluation in Türkiye’s Metal Industry: Occupational Health and Safety Indicators Through VIKOR Methodology
In the quest to reduce occupational accidents and diseases, the ergonomic performance levels of industries remain pivotal. Within this context, the metal industry in Türkiye, notorious for ergonomic challenges, was scrut...
Estimating Revenue Efficiency in Indian General Insurance Companies: A Semi-parametric Econometric Approach
In the realm of general insurance in India, an econometric investigation was conducted to estimate the revenue efficiency across a selection of 15 prominent, diversified general insurance entities for the fiscal years 20...
Application of a Hybrid MCDM Model for Locating a Humanitarian Logistics Center
When the word "disaster" is used, it usually refers to both human-caused situations that have a negative impact on the community and its environment as well as natural disasters like hurricanes, earthquakes, floods, and...