DSpace Repository

A novel methodology for perception-based portfolio management

Show simple item record

dc.contributor.author Mathur, Trilok
dc.contributor.author Agarwal, Shivi
dc.date.accessioned 2023-08-08T10:48:22Z
dc.date.available 2023-08-08T10:48:22Z
dc.date.issued 2022-02
dc.identifier.uri https://link.springer.com/article/10.1007/s10479-022-04530-9
dc.identifier.uri http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/11235
dc.description.abstract Selecting and investing in stock market with right proportions is one of the major challenges. Majority of the investors end up losing their invested equity capital due to uncertainty in the market. The present study provides a novel framework for novice investors to construct portfolio based on multicriteria decision making techniques under fuzzy environment. The scores obtained from these techniques were used to introduce two non-dimensional parameters for categorization of risky and non-risky assets. Three perceptions portfolios were constructed based on the proposed non-dimensional parameters along with fractional lion clustering algorithm. In order to demonstrate the proposed framework, an illustrative application is included in equity portfolio selection. The returns and risks of these perception based portfolios are compared to major Index funds for validating the efficiency and are found to overpower the Index funds with significant margins by maintaining the risk comparable to Index funds. Further, Markowitz based efficient frontier is plotted for better understanding of optimal returns and risk for perception based investment en_US
dc.language.iso en en_US
dc.publisher Springer en_US
dc.subject Mathematics en_US
dc.subject Perception en_US
dc.subject Portfolio management en_US
dc.title A novel methodology for perception-based portfolio management en_US
dc.type Article en_US


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account