Article
A multicriteria hierarchical approach for portfolio selection in a stock exchange
Registro en:
Journal of Intelligent & Fuzzy Systems vol. 40, No 2 (2021) 1945-1955
1064-1246
10.3233/JIFS-189198
Autor
Bernal, María
Anselmo Álvarez, Pavel
Muñoz, Manuel
León Castro, Ernesto
Gastelum Chavira, Diego Alonso
Resumen
Artículo de publicación ISI The objective of the paper is to present a multiple criteria hierarchical process (MCHP) approach for portfolio selection in a stock exchange. One of the problems that investors usually face is which stock should be included in the portfolio. This paper helps investors answer that question, and the paper presents an MCHP approach using different criteria based on financial ratios that the decision maker (in this case, the investor) will give different weights to make a portfolio based on her preferences; different importance is given to each criterion. An example using the Mexican Stock Exchange is presented.