Article ID: | iaor20062738 |
Country: | Greece |
Volume: | 3 |
Issue: | 3 |
Publication Date: | Sep 2003 |
Journal: | Operational Research - An International Journal |
Authors: | Matsatsinis N.F., Zopounidis Constantin, Samaras G. |
Keywords: | investment, decision theory: multiple criteria, artificial intelligence: decision support |
The paper describes a Multicriteria Decision Support System which aims at presenting a complete and spherical evaluation of the Athens Stock Exchange stocks. The system evaluates the stocks on the basis of three approaches: Fundamental Analysis, Technical Analysis and Stock-Exchange Analysis. The system introduced in this paper utilises Multicriteria Analysis methods and embodies a large volume of relevant information. It is a ‘live’ system and operates in ‘real world conditions’ since its data are updated on a daily basis through a multitude of sources. The final output of the system is an overall evaluation of the ASE stocks and a stock ranking with the best stock first and the worst last, in order to be used in supporting investment decision-making. Finally, the system is intended for both institutional and private investors.