Optimal Selection of Stock Portfolios Using Multi-Criteria Decision-Making Methods

In the past, investors used their own or others’ experiences to achieve goals. With development of financial management, investors’ choices became more scientific. They could select optimal choice by using different models and combining results with experiences. portfolio optimization, main issue is selection assets securities that can be provided a certain amount capital. present study, problem i.e., maximizing stock returns minimizing risk, has been studied. Therefore, this study discussed comprehensive modeling for portfolios multi-criteria decision-making methods in companies listed on Tehran Stock Exchange. A sample 79 Exchange was conduct research. After simulating data programming them MATLAB software, cumulative analysis model performed, 24 were selected. This research collected from statements 2020. The primary purpose index provide portfolio; multi-index (TOPSIS method), taxonomy method (Taxonomy), ARAS method, VIKOR COPRAS WASPAS all identify best highest return.