Arth prabandh: A Journal of Economics and Management
  • Year: 2014
  • Volume: 3
  • Issue: 3

Determining and ranking risks of investment in tehran stock exchange using fuzzy logic

  • Author:
  • Fatemeh Saadat, Hasan Dehghan Dehnavi, Darush Farid
  • Total Page Count: 10
  • Page Number: 43 to 52

*Department of Financial Management, Science and Research Branch, Islamic Azad University, Yazd, Iran

**Department of Management, Yazd Branch, Islamic Azad University, Yazd, Iran

***Department of Management, Yazd University, Yazd, Iran

Online published on 12 May, 2015.

Abstract

Investors nowadays try to send their financial resources to places with highest feasible return and minimum risk. That is, investment risk information is required by the investors as it is with recognition of features of the risk and the effective factors. The main purpose of the study is to determine and rank investment risks in Tehran Stock Exchange (TSE). These risks include financial and non-financial risks. Study population was comprised of financial and stock exchange experts and the sample group included 21 individuals. The risks were ranked using fuzzy AHP and the results revealed that among these risks, financial risks were more prominent. In addition, political risks were at the top rank among the non-financial risks.

Keywords

Investment, investment risk, stock exchange market, fuzzy logic