رتبه‌بندی سهام شرکت‌های حاضر در سه صنعت فلزی، شیمیایی و دارویی با رویکرد تلفیقی F-SWARA و COCOSO

امین طهماسبی, حمزه; علیرضا, مهدی

doi:10.22105/dmor.2022.336294.1597

نوع مقاله : مقاله پژوهشی - کاربردی

نویسندگان

گروه مهندسی صنایع، دانشکده فنی و مهندسی شرق گیلان، دانشگاه گیلان، رودسر، ایران.

https://doi.org/10.22105/dmor.2022.336294.1597

چکیده

هدف: تصمیم‌گیری جهت انتخاب سهام همواره یکی از دغدغه‌های سرمایه‌گذاران بوده است. هدف اصلی این پژوهش شناسایی عوامل موثر بر تصمیم‌گیری و رتبه‌بندی سهام موجود در سه صنعت فلزی، شیمیایی و دارویی بورس اوراق بهادار با توجه به اهمیت این صنایع است.
روش‌شناسی پژوهش: نمونه آماری این پژوهش شامل سهام 84 شرکت موجود در این سه رشته صنعت می‌باشد که بر اساس اطلاعات سال 1399 موردبررسی قرارگرفته‌اند. در ابتدا، با مرور پیشینه تحقیق، فاکتورهای رتبه‌بندی سهام استخراج گردید. برای غربال این فاکتورها از نظر خبرگان این حوزه استفاده شد و پس از غربالگری، فاکتورهای نهایی انتخاب شدند. وزن‌دهی و اولویت‌بندی این فاکتورها با استفاده از روش سوارا فازی صورت گرفت. با توجه به وزن فاکتورهای به‌دست ‌آمده از روش سوارا فازی و استفاده از اطلاعات مالی شرکت‌ها، از روش کوکوسو جهت رتبه‌بندی سهام هدف استفاده شد.
یافته‌ها: نتایج نشان داد نسبت قیمت به درآمد، حاشیه سود عملیاتی و درصد بازده سرمایه مهم‌ترین فاکتورها ازنظر خبرگان هستند. هم‌چنین فسبزوار، فاسمین و وتوکا از گروه فلزی وپخش، دسبحا و دپارس از گروه دارویی و شوینده و شپدیس و شفن از گروه شیمیایی به‌ترتیب جایگاه اول تا سوم را کسب کردند.
اصالت/ارزش افزوده علمی: در چهار سال اخیر کارهای مختلفی در این حوزه صورت گرفته، اما کارهای کم‌تری به عدم ‌قطعیت در نظرات خبرگان توجه داشته‌اند. هم‌چنین، در خصوص سایر نوآوری‌های این مقاله می‌توان به این نکته اشاره کرد که بر روی سه صنعت فلزی، شیمیایی و دارویی با توجه به اهمیت این صنایع، به‌طور خاص، مطالعه و بررسی صورت نگرفته است. در رابطه با روش اولویت‌بندی فاکتورها و سهام نیز توجه کم‌تری به روش‌های نوین تصمیم‌گیری و عدم قطعیت در نظرات خبرگان شده است، لذا با استفاده از روش‌های نوین می‌توان اهمیت فاکتورها را با دقت بالاتری تعیین و بازده بهتری از سرمایه‌گذاری کسب نمود.

کلیدواژه‌ها

20.1001.1.25385097.1402.8.3.4.0

موضوعات

تصمیم گیری براساس محاسبات نرم

عنوان مقاله [English]

Stock ranking of companies in the three metals, chemical and pharmaceutical industries with a combined approach of fuzzy SWARA and COCOSO

نویسندگان [English]

Hamzeh Amin-Tahmasbi
Mahdi Alireza

Department of Industrial Engineering, Faculty of Technology and Engineering, East of Guilan, University of Guilan, Roodsar, Iran.

چکیده [English]

Purpose: Choosing stocks has always been one of the investors' concerns. The primary purpose of this study is to identify the factors affecting the decision-making and ranking of stocks in the stock exchange's three metal, chemical and pharmaceutical industries according to the importance of these industries.
Methodology: The statistical sample of this research includes the shares of 84 companies in these three industries, which have been examined based on the data of 2021. First, stock rating factors were extracted by reviewing the research background. Experts used these factors in this field, and the final factors were selected after screening. Weighting and prioritization of these factors were done using the fuzzy SWARA method. According to the weight of the factors obtained from the fuzzy ride method and companies' financial information, the COCOSO method was used to rank the target stocks.
Findings: The results showed that price-income ratio, operating profit margin, and percentage of return on capital are the essential criteria for experts. Also, Fasabezvar, Fasmin, and Vetoka from the metal group, Vepakhsh, Desobha, and Depars from the pharmaceutical and shoyande, Shepdis and Shefan from the chemical group won the first and third places.
Originality/Value: In the last four years, various works have been done in this field, but less work has paid attention to the uncertainty in experts' opinions. Regarding other innovations of this article, it can be pointed out that the three industries of metal, chemical, and pharmaceutical, due to the importance of these industries, have not been specifically studied. Regarding the method of prioritizing criteria and stocks, less attention has been paid to new decision-making methods and uncertainty in decisions. Therefore, using new techniques, the importance of criteria can be determined with higher accuracy, and a better return on investment can be obtained.

کلیدواژه‌ها [English]

COCOSO
Fuzzy SWARA
Stock rating
Stock exchange
Decision making

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تصمیم گیری و تحقیق در عملیات

رتبه‌بندی سهام شرکت‌های حاضر در سه صنعت فلزی، شیمیایی و دارویی با رویکرد تلفیقی F-SWARA و COCOSO

مراجع

مراجع

دوره 8، شماره 3
آذر 1402
صفحه 623-641

رتبه‌بندی سهام شرکت‌های حاضر در سه صنعت فلزی، شیمیایی و دارویی با رویکرد تلفیقی F-SWARA و COCOSO

مراجع

مراجع

دوره 8، شماره 3آذر 1402صفحه 623-641

دوره 8، شماره 3
آذر 1402
صفحه 623-641