Stock Portfolio Selection Using Dempster_Shafer Evidence Theory

Subject Areas : Financial Knowledge of Securities Analysis

Mahsa Abbasi Shirsavar ¹ , S. Ali Nabavi Chashmi ²

1 - Department of Financial Management, Babol Branch, Islamic Azad University, Babol, Iran
2 - Department of Financial Management, Babol Branch, Islamic Azad University, Babol, Iran

Received: 1970-01-01 Accepted : 1970-01-01 Published : 1970-01-01

Keywords: Stock Stocks, stock exchange, Dempster_ Shafer Theory,

Abstract :

Markowitz’s return–risk model for stock portfolio selection it is criticized. Many factors directly or indirectly influence stock markets and make movements of asset prices very uncertain and unpredictable.The purpose of this study was to investigate the selection of stock portfolios from companies admitted to Tehran Stock Exchange using the theory of Damsper-Schaffer. This research is descriptive-correlative method and is of applied research type. The statistical population of the study consisted of all companies listed on the Tehran Stock Exchange between 2010 and 2015, which has been studied and studied by 108 companies throughout the period of research in the stock exchange. The research data were extracted from financial statements of companies and analyzed using regression models using combination data. The findings of the research showed that the results of the hypothesis test showed that the EPS variables, income / price ratio (P / E), ratio of payment (PR), price to sales ratio (P / S), debt Long-term equity traders (LTDER), price / cash flow ratios (P / CF), and margin squeeze (PM) in the Demerster-Schaeffer theory model

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