The purpose is to analyse the quarterly financial performance of telecommunications companies with the help self-organising maps. In this report the three major actors on the telecommunications market is evaluated and benchmarked on the basis of seven key ratios, calculated for seven consecutive quarters between the first quarter of year 2000 to the third quarter of year 2001. To conduct benchm...

Financial market prediction is one of the most attractive research areas in financial data mining field because of its available data and potential profits. Financial market prediction has been paid much attention by many researchers and practitioners. Huge numbers of forecasting methods including judgmental methods and statistical methods have been proposed. In previous studies, judgmental met...

the risk free rate of return plays a main role in financial economic theory and financial markets. due to prohibition of interest in islamic countries there is no specific financial instrument with risk free rate of return as a criterion for measuring the risk free rate of market. we apply the kalman filter to estimate this variable for financial markets in iran. the technique is based on a sta...

Recent bankruptcy of big companies all over the world and fluctuations in Iran's stock market require that some methods be developed for the evaluation of companies' financial potential. Different models are used for the prediction of bankruptcy and the evaluation of organizational financial situation. Environmental changes and increasing competition among agencies led to companies' and organiz...

How significant are individual differences in self-control? Do these differences impact wealth accumulation? From where do they derive? Our survey-based measure of self-control provides insights into all three questions: 1. There are individual differences in self-control not only of a quantitative but also of a qualitative nature. In our sample, standard self-control problems of over-consumpti...

A new general model for asset returns is studied in the framework of the Fractal Market Hypothesis (FMH). To accomodate markets with arbitrage opportunities it concerns capital market systems in which the Conditionally Exponential Dependence (CED) property can be attached to each investor on the market. Emploing the limit theorem for the CED systems, the universal characteristics for the distri...

In this paper a new credit risk model for credit derivatives is presented. The model is based upon the ‘Libor market’ modelling framework for default-free interest rates. We model effective default-free forward rates and effective forward credit spreads as lognormal diffusion processes, and recovery is modelled as a fraction of the par value of the defaulted claim. The newly introduced survival...

In the course of economic globalization a process of formation of the united financial market has evolved. The united market means a gradual merge of financial risks and increase of volumes and unpredictability of aggregate risk in the result of synergetic effect contained in the nature of financial market as of a nonlinear dynamical system. The article examines the factors of financial globali...

The aim of this study is to present the analysis of an online survey that was conducted in order to investigate individual attitudes and requirements from an online financial awareness platform. The survey aimed to elicit users’ self-assessed financial knowledge, financial capability and awareness, along with facets of their financial behaviour. Moreover, it entailed questions capturing attitud...