scholarly journals Comparing Aras and Copras Methods to Evaluate Firms By Using Fundamental Analysis

2020 ◽  
Vol 7 (2) ◽  
pp. 214-230
Author(s):  
Hasan Durmus ◽  
Mehmet Nuri İnel
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Investment Decisions ◽  
Multicriteria Decision Making ◽  
Financial Ratios ◽  
Decision Making Process ◽  
Fundamental Analysis ◽  
Management Decisions ◽  
Multicriteria Decision

Decision making process is a though process not only for the management decisions but also for daily decisions. Multicriteria decision making methods were developed to make this process easier. There are many multicriteria decision making methods used in many areas at the present. In this study two of these methods were used, namely ARAS (Additive Ratio Assessment) and COPRAS (Complex Proportional Assessment), for fundamental analysis in investment decisions. Aim of this study is to implement and compare methods on fundamental analysis of firms to make an investment decision. In the study financial ratios of 20 firms from 5 different sectors and 4 different countries, sectoral data and country indicators were used. According to these data, ARAS and COPRAS methods were implemented and although exactly same results were not found, approximately similar results were obtained. The best and the worst companies were same for both methods, even though other rankings differed slightly. Also, same sector selected as best for both methods to invest in.

scholarly journals Sistem Pendukung Keputusan Menentukan Tingkat Resiko Penjualan Online Dengan Menggunakan Metode TOPSIS

2021 ◽  
Vol 4 (1) ◽  
pp. 20-25
Author(s):  
Yosapat Sembiring ◽  
Paska Marto Hasugian
Keyword(s):  
Decision Making ◽  
Data Management ◽  
Programming Language ◽  
Multicriteria Decision Making ◽  
Decision Making Process ◽  
Topsis Method ◽  
Multicriteria Decision ◽  
Online Sales ◽  
Research Problems ◽  
Level Of Risk

At this time many people have started selling online. Even though only with makeshift items to make online sales, not a few people have succeeded in making these online sales. The TOPSIS method is one of the multicriteria decision-making methods, this method is one that is widely used to complete practical decision making. The more factors that must be considered in the decision making process, the more difficult it will be to make a decision on an issue. identification of research problems is the application of the DSS in determining the level of risk of online sales. This system was built using the PHP programming language with data management using the MySQL database. Rank results 1. Furniture = 0.8062 2.Electronics = 0.5810 3. Fashion = 0.1230

scholarly journals Numbers Talk Loud? A Case In Making Investment Decisions

2012 ◽  
Vol 9 (1) ◽  
pp. 7-12
Author(s):  
Songtao Mo
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Accounting Information ◽  
Investment Decisions ◽  
Financial Accounting ◽  
Decision Making Process ◽  
Student Interest ◽  
Undergraduate Level ◽  
Investment Decision Making

This study presents a case study intended for use in the introductory financial accounting course at the undergraduate level. The case study is designed for students to evaluate accounting information in the investment decision-making process. The project aims to stimulate student interest in accounting by presenting the application of accounting information.

scholarly journals Exploration of Normal Stochastic Multicriteria Decision-Making and Legal Dilemma in Project Investment

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Jianmiao Hu ◽  
Chong Chen
Keyword(s):  
Decision Making ◽  
Product Quality ◽  
Evaluation Model ◽  
Investment Decision ◽  
Relevant Literature ◽  
Optimal Solution ◽  
Multicriteria Decision Making ◽  
Project Investment ◽  
Multicriteria Decision ◽  
Evaluation Indexes

The purpose is to help enterprise managers make more accurate, scientific, and objective decisions on the optimal supplier in project investment, improve investment return and overall efficiency, and reduce investment risk. Following an introduction of normal stochastic multicriteria decision-making, a normal stochastic multicriteria decision-making method is proposed based on Bayesian Network- (BN-) Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) to help investors select suppliers. First, product cost, product quality, and product service are selected as evaluation indexes, and then, a supplier evaluation model is built based on the BN concept for expert evaluation. Second, the evaluation information is integrated. Based on the TOPSIS normal stochastic multicriteria decision-making method, the optimal supplier is selected under the comparison of the fit degree between each supplier and the best and worst solution. Finally, the optimal solution is determined and verified by a simulation example. The results show that in the problem of supplier selection in the retail industry, the BN model can truly provide feedback the product quality, cost, and service situation of each supplier and fully consider their behavior diversity. The normal stochastic multicriteria decision-making method based on TOPSIS can select the suppliers that are most in line with the investors’ development goals, especially in the face of good and bad suppliers. BN-based TOPSIS normal stochastic multicriteria decision-making method has strong logic and efficiency, is easy to operate, and has high practical value. Furthermore, the relevant laws of project investment decision-making are discussed through consultation on the relevant literature, thus providing help for the construction of relevant laws in the future.

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