• DocumentCode
    2405749
  • Title

    Visualization of mutual fund risk using the consensus theory measure of agreement

  • Author

    Tastle, William J. ; Wierman, Mark J.

  • Author_Institution
    Dept of Manage., Ithaca Coll., Ithaca, NY, USA
  • fYear
    2009
  • fDate
    14-17 June 2009
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    A case is made for the use of a consensus theory measure in the form of the agreement measure to determine the risk associated with a mutual fund. Risk can be important in deciding on a stock purchase, or as a factor in determining how best to manage one´s portfolio. The beta associated with each stock is used as the basis for the agreement calculation. The individual Beta´s are processed by a clustering program to produce three categories of risk, and then the agreement is calculated on those categories. Graphs are used to visualize the risk. Illustrations demonstrate the application of the measure to solving problems, and two components of an actual stock fund are used to visualize the risk associated with each part.
  • Keywords
    financial management; fuzzy set theory; investment; purchasing; risk management; stock markets; agreement consensus theory measure; clustering program; mutual fund risk visualization; portfolio management; stock purchase; Asset management; Bonding; Conference management; Information processing; Mutual funds; Portfolios; Risk management; Terrorism; Uncertainty; Visualization; agreement measure; beta; component; stock risk;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Information Processing Society, 2009. NAFIPS 2009. Annual Meeting of the North American
  • Conference_Location
    Cincinnati, OH
  • Print_ISBN
    978-1-4244-4575-2
  • Electronic_ISBN
    978-1-4244-4577-6
  • Type

    conf

  • DOI
    10.1109/NAFIPS.2009.5156450
  • Filename
    5156450