文章基本信息

标题：An Assessment of Selected Mutual Funds in Iran Stock Market Using a Combined Method of TOPSIS, VIKOR and Similarity-Based Approach
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作者：Mohammad Reza Sadeghi Moghadam ; Reza Alibakhshi ; Elham Khalili 等
期刊名称：Financial Research
印刷版ISSN：1024-8153
电子版ISSN：2423-5377
出版年度：2016
卷号：17
期号：2
页码：259-282
出版社：University of Tehran Electronic Journals Database
摘要：This paper seeks two goals concurrently, at one hand tries to assay the capability of TOPSIS, VIKOR and Similarity-Based Approach as multiple attribute decision making approaches in evaluating mutual funds in Iran Stock Exchange, and at the other hand in this evaluation tries to consider and compare three groups of indices including general evaluating indices (age, net value of mutual fund’s assets, cash assets percentage and net asset value), risk-adjusted evaluation indices(Sharpe, Treynor and Jensen) and risk-adjusted evaluation indices using semivariance (modified Sharpe, modified Treynor and modified Jensen with downside Beta) in a distinctly manner and together in order to assay the capability of mentioned methods with these different indices. At the end the result of this comparison is represented and the decisions of amateur and professional investors has been evaluated.
关键词：Multiple Attribute Decision Making;mutual funds;Mutual Funds Ranking;Tehran Stock Exchange