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
  • Nor Izzati Jaini Centre for Mathematical Sciences, Universiti Malaysia Pahang Al-Sultan Abdullah, Lebuh Persiaran Tun Khalil Yaakob, 26300 Kuantan, Pahang, Malaysia
  • Hafizah Bahaludin Department of Computational and Theoretical Sciences, Kuliyyah of Science, International Islamic University Malaysia, 25200 Kuantan, Pahang, Malaysia
DOI: http://dx.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
Jun 10, 2024
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: 08 sep. 2024. doi: http://dx.doi.org/10.2298/YJOR230815021I.
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Research Articles
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