Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data

Since real-world data are often inaccurate and working with fuzzy data and Z-numbers are very important and necessary, and in the real world, we need to rank and compare data, in this article, we introduce a new method for ranking Z-numbers. This ranking algorithm is based on centroid point. We eval...

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Main Authors: Maryam Farzam, Mozhdeh Afshar Kermani, Tofigh Allahviranloo, Azim Aminataei
Format: Article
Language:English
Published: Wiley 2023-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/2023/2063267
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author Maryam Farzam
Mozhdeh Afshar Kermani
Tofigh Allahviranloo
Azim Aminataei
author_facet Maryam Farzam
Mozhdeh Afshar Kermani
Tofigh Allahviranloo
Azim Aminataei
author_sort Maryam Farzam
collection DOAJ
description Since real-world data are often inaccurate and working with fuzzy data and Z-numbers are very important and necessary, and in the real world, we need to rank and compare data, in this article, we introduce a new method for ranking Z-numbers. This ranking algorithm is based on centroid point. We evaluate the distance between the centroid points, and based on this distance, we rank the Z-numbers. The algorithm of this method has simple calculations and it provides satisfactory results for data in different conditions; we use this method in two practical examples. First, by ranking the return on assets of Tehran stock exchanges, with this method, we can choose the most risky stock and the least risky stock among the available stocks. The advantage of this method over conventional fuzzy methods is considering uncertainty and allocating credit in the opinion of experts to estimate fuzzy parameters, and in the second example, we ranked the factors which affect the productivity of tourism security. Then, by using the proposed algorithm, we introduce the most important and the least important factors for tourist security budgeting.
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institution Kabale University
issn 1687-0425
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publishDate 2023-01-01
publisher Wiley
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series International Journal of Mathematics and Mathematical Sciences
spelling doaj-art-d5f68d16cb3c4a25bdde0011a3908c692025-02-03T06:04:45ZengWileyInternational Journal of Mathematics and Mathematical Sciences1687-04252023-01-01202310.1155/2023/2063267Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers DataMaryam Farzam0Mozhdeh Afshar Kermani1Tofigh Allahviranloo2Azim Aminataei3Department of MathematicsDepartment of MathematicsFaculty of Engineering and Natural SciencesFaculty of MathematicsSince real-world data are often inaccurate and working with fuzzy data and Z-numbers are very important and necessary, and in the real world, we need to rank and compare data, in this article, we introduce a new method for ranking Z-numbers. This ranking algorithm is based on centroid point. We evaluate the distance between the centroid points, and based on this distance, we rank the Z-numbers. The algorithm of this method has simple calculations and it provides satisfactory results for data in different conditions; we use this method in two practical examples. First, by ranking the return on assets of Tehran stock exchanges, with this method, we can choose the most risky stock and the least risky stock among the available stocks. The advantage of this method over conventional fuzzy methods is considering uncertainty and allocating credit in the opinion of experts to estimate fuzzy parameters, and in the second example, we ranked the factors which affect the productivity of tourism security. Then, by using the proposed algorithm, we introduce the most important and the least important factors for tourist security budgeting.http://dx.doi.org/10.1155/2023/2063267
spellingShingle Maryam Farzam
Mozhdeh Afshar Kermani
Tofigh Allahviranloo
Azim Aminataei
Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
International Journal of Mathematics and Mathematical Sciences
title Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
title_full Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
title_fullStr Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
title_full_unstemmed Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
title_short Ranking the Return on Assets of Tehran Stock Exchange by a New Method Based on Z-Numbers Data
title_sort ranking the return on assets of tehran stock exchange by a new method based on z numbers data
url http://dx.doi.org/10.1155/2023/2063267
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AT tofighallahviranloo rankingthereturnonassetsoftehranstockexchangebyanewmethodbasedonznumbersdata
AT azimaminataei rankingthereturnonassetsoftehranstockexchangebyanewmethodbasedonznumbersdata