Sharpe’s Ratio for Oriented Fuzzy Discount Factor
نویسندگان
چکیده
منابع مشابه
CREDIBILITY THEORY ORIENTED PREFERENCE INDEX FOR RANKING FUZZY NUMBERS
This paper suggests a novel approach for ranking the most applicable fuzzy numbers, i.e. $LR$-fuzzy numbers. Applying the $alpha$-optimistic values of a fuzzy number, a preference criterion is proposed for ranking fuzzy numbers using the Credibility index. The main properties of the proposed preference criterion are also studied. Moreover, the proposed method is applied for ranking fuzz...
متن کاملA fuzzy model for supplier selection in quantity discount environments
Traditionally, supplier selection should simultaneously take into account numerous heterogeneous criteria, and then is a tedious task for the purchasing decision makers. It becomes especially complicated when quantity discounts are considered at the same time. Under such manner, most studies often formulate such a problem as a Multi-Objective Linear Programming (MOLP) problem, and then scale it...
متن کاملA Critique of Stochastic Discount Factor Methodology
The stochastic discount factor (SDF) methodology is becoming quite popular in recent empirical asset pricing studies. It appears that this new methodology, as claimed, is going to replace traditional methodologies. In this paper, we point out that, because the current practice of the stochastic discount factor methodology ignores a fully specified model for asset returns, it suffers from two po...
متن کاملStochastic Discount Factor Bounds with Conditioning Information
Hansen and Jagannathan (HJ, 1991) describe restrictions on the volatility of stochastic discount factors (SDFs) that price a given set of asset returns. This paper compares the sampling properties of different versions of HJ bounds that use conditioning information in the form of a given set of lagged instruments. HJ describe one way to use conditioning information. Their approach is to multipl...
متن کاملPRICING STOCKS BY USING FUZZY DIVIDEND DISCOUNT MODELS
Although the classical dividend discount model (DDM) is a wellknown and widely used model in evaluating the intrinsic price of common stock, the practical pattern of dividends, required rate of return or growth rate of dividend do not generally coincide with any of the model’s assumptions. It is just the opportunity to develop a fuzzy logic system that takes these vague parameters into account....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Mathematics
سال: 2019
ISSN: 2227-7390
DOI: 10.3390/math7030272