A Study of Oil and Gas Producers Subsector Portfolio Using the Trade-off Ranking Method

  • Muhammad Akram Ramadhan Ibrahim Centre for Mathematical Sciences, Universiti Malaysia Pahang Al-Sultan Abdullah, Lebuh Persiaran Tun Khalil Yaakob, 26300 Kuantan, Pahang, Malaysia http://orcid.org/0000-0003-4620-1724
  • Nor Izzati Jaini Centre for Mathematical Sciences, Universiti Malaysia Pahang Al-Sultan Abdullah, Lebuh Persiaran Tun Khalil Yaakob, 26300 Kuantan, Pahang, Malaysia http://orcid.org/0000-0002-8333-4799
  • Hafizah Bahaludin Department of Computational and Theoretical Sciences, Kuliyyah of Science, International Islamic University Malaysia, 25200 Kuantan, Pahang, Malaysia http://orcid.org/0000-0002-6364-9638
DOI: https://doi.org/10.2298/YJOR230815021I

Abstract

In the topic of stock selection, numerous multi-criteria decision-making (MCDM) techniques have been applied to handle selection difficulties. This paper proposes a compromise approach for the subsector stocks of oil and gas companies, motivated by the pandemic crisis and the political issue in Malaysia. The paper presents a novel analysis of the existing trade-off ranking (TOR) method for ranking the stocks of oil and gas producers in conflicting multi-criteria problems. As a result, the TOR technique ranks the subsector stocks effectively for two criteria weights. Comparison with TOPSIS shows that both methods exhibit similar performance.

Published
2024-06-10
How to Cite
IBRAHIM, Muhammad Akram Ramadhan; JAINI, Nor Izzati; BAHALUDIN, Hafizah. A Study of Oil and Gas Producers Subsector Portfolio Using the Trade-off Ranking Method. Yugoslav Journal of Operations Research, [S.l.], june 2024. ISSN 2334-6043. Available at: <https://yujor.fon.bg.ac.rs/index.php/yujor/article/view/1276>. Date accessed: 22 feb. 2025. doi: https://doi.org/10.2298/YJOR230815021I.
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Online first
Section
Research Articles
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