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Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method

Sanjay Kumar Singhai1 , Vineet Kumar Awasthi2

Section:Research Paper, Product Type: Journal Paper
Volume-07 , Issue-03 , Page no. 19-23, Feb-2019

Online published on Feb 15, 2019

Copyright © Sanjay Kumar Singhai, Vineet Kumar Awasthi . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: Sanjay Kumar Singhai, Vineet Kumar Awasthi, “Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method,” International Journal of Computer Sciences and Engineering, Vol.07, Issue.03, pp.19-23, 2019.

MLA Style Citation: Sanjay Kumar Singhai, Vineet Kumar Awasthi "Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method." International Journal of Computer Sciences and Engineering 07.03 (2019): 19-23.

APA Style Citation: Sanjay Kumar Singhai, Vineet Kumar Awasthi, (2019). Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method. International Journal of Computer Sciences and Engineering, 07(03), 19-23.

BibTex Style Citation:
@article{Singhai_2019,
author = {Sanjay Kumar Singhai, Vineet Kumar Awasthi},
title = {Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {2 2019},
volume = {07},
Issue = {03},
month = {2},
year = {2019},
issn = {2347-2693},
pages = {19-23},
url = {https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=671},
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
UR - https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=671
TI - Stock Index Ranking and Performance Evaluation of Shanghai Stock Exchange (SSE) Using AHP and TOPSIS Method
T2 - International Journal of Computer Sciences and Engineering
AU - Sanjay Kumar Singhai, Vineet Kumar Awasthi
PY - 2019
DA - 2019/02/15
PB - IJCSE, Indore, INDIA
SP - 19-23
IS - 03
VL - 07
SN - 2347-2693
ER -

           

Abstract

Stock Index selection process is tough in financial domain and complicated in decision making process, especially when selected criterion is confecting in nature. Multi criteria decision-making (MCDM) methods like Analytical Hierarchy Process (AHP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) are most commonly used method for decision making process in financial domain. This paper utilizes AHP and TOPSIS method for ranking of indices. Three financial year data of five stock indices from Shanghai Stock Exchange (SSE) with four criteria are considered in stock index ranking process. Experimental result reveals that SSE IT TELECOMMUNICATION index is preformed consistently well for all three financial years in case of both AHP and TOPSIS method.

Key-Words / Index Term

Analytical Hierarchy Process (AHP),Technique for Order Preference by Similarity to Ideal Solution (TOPSIS)

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