Operational Research

, Volume 3, Issue 3, pp 281–306 | Cite as

A multicriteria DSS for a global stock evaluation

  • Georgios D. Samaras
  • Nikolaos F. Matsatsinis
  • Constantin Zopounidis


The paper describes a Multicriteria Decision Support System which aims at presenting a complete and spherical evaluation of the Athens Stock Exchange stocks. The system evaluates the stocks on the basis of three approaches: Fundamental Analysis, Technical Analysis and Stock-Exchange Analysis.

The system introduced in this paper utilises Multicriteria Analysis methods and embodies a large volume of relevant information. It is a ‘live’ system and operates in ‘real world conditions’ since its data are updated on a daily basis through a multitude of sources.

The final output of the system is an overall evaluation of the ASE stocks and a stock ranking with the best stock first and the worst last, in order to be used in supporting investment decision-making. Finally, the system is intended for both institutional and private investors.


Multicriteria Decision Support Systems Stock Evaluation Fundamental Analysis Technical Analysis Stock-Exchange Analysis 


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Copyright information

© Springer-Verlag 2003

Authors and Affiliations

  • Georgios D. Samaras
    • 1
  • Nikolaos F. Matsatsinis
    • 1
  • Constantin Zopounidis
    • 2
  1. 1.Decision Support Systems LaboratoryTechnical University of CreteChaniaGreece
  2. 2.Financial Engineering LaboratoryTechnical University of CreteChaniaGreece

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