DocumentCode :
3503548
Title :
Evaluation Indexes Selection of Stocks´ Investment Value Based on Fuzzy Clustering
Author :
Li Yun-fei ; Hui Xiao-feng
Author_Institution :
Sch. of Manage., Harbin Inst. of Technol., Harbin
fYear :
2007
fDate :
21-25 Sept. 2007
Firstpage :
3997
Lastpage :
4000
Abstract :
Mature of China´s stock market makes value investing theory´s application in China possible. The paper aims to decide evaluation indexes set about stocks´ investment value in order to serve value investing theory´s application in China. Firstly, the paper analyses several influential factors about stocks´ investment value thoroughly. Secondly, taking non-financial listed firms in Shanghai and Shenzhen stock markets as the sample, the paper clusters the above factors by fuzzy clustering. Thirdly, the paper selects the kin factors according to correlation indexes. Finally, the paper provides a scientific and operable evaluation indexes set about stocks´ investment value. The indexes set almost embraces all effective information about investment value. The study also suggests that describing stocks´ investment value by multidimensional array is applicable.
Keywords :
fuzzy set theory; investment; stock markets; correlation index; fuzzy clustering; stock investment value; Books; Clustering algorithms; Clustering methods; Fuzzy sets; Investments; Multidimensional systems; Standardization; Standards development; Stock markets; Technology management;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
Type :
conf
DOI :
10.1109/WICOM.2007.988
Filename :
4340763
Link To Document :
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