EXAMINING SECURITY OF INVESTMENT IN THE STOCK, GOLD, EXCHANGE AND HOUSING MARKET OF IRAN USING VALUE AT RISK (VAR) CRITERIA

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ZOMORODIAN GHOLAMREZA; NARIMAN FARKHONDEH

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT) Year:2016 | Volume:7 | Issue:27 Page(s): 87-113

Download Full-Text

Persian Verion

View:

1,475

Download:

Cites:

Information Journal Paper

Title

EXAMINING SECURITY OF INVESTMENT IN THE STOCK, GOLD, EXCHANGE AND HOUSING MARKET OF IRAN USING VALUE AT RISK (VAR) CRITERIA

Author(s)

ZOMORODIAN GHOLAMREZA | NARIMAN FARKHONDEH | Issue Writer Certificate

Keywords

SECURITY OF INVESTMENTQ2

VALUE AT RISKQ2

STOCKQ1

GOLDQ1

EXCHANGE AND HOUSING MARKETSQ1

TOPSIS METHODQ2

Abstract

Official statistics show that in the recent decades, on average, only about 12% of the country's real GDP has been allocated to investment in the manufacturing sector, including the production of goods and services and a considerable portion of it has been absorbed into unproductive speculative activities. Accordingly, this study with purpose to examining and comparing security of investing in different markets has evaluated the risk of investing in four market including STOCKs, GOLD, currency and Iran's housing using the VALUE AT RISK (VaR) Criteria. Also in this study to providing a more accurate analysis of the security investment based on investors' attitudes TOPSIS METHOD has been used. All information required for the study was collected on a monthly basis for during 2002 - 2013.The result of this study showed based on VaR Criterion, the SECURITY OF INVESTMENT in the STOCK market is much lower than other markets, so investors in this market face higher risk of investments relative to other markets. Also, the result of this study showed based on TOPSIS METHOD (according to risk and return critrias) risk averse and risk neutral Investors have the Similar behavior, So that the two groups prefer The investment in the housing market and then investment in the GOLD market on the parallel markets including exchange and STOCK. However, unlike the aforementioned groups, risktaking investors prefered investing in the STOCK market and then investing in the housing market on the investment in the GOLD and currency markets.

Cites

No record.

References

Cite

APA: Copy

ZOMORODIAN, GHOLAMREZA, & NARIMAN, FARKHONDEH. (2016). EXAMINING SECURITY OF INVESTMENT IN THE STOCK, GOLD, EXCHANGE AND HOUSING MARKET OF IRAN USING VALUE AT RISK (VAR) CRITERIA. FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT), 7(27), 87-113. SID. https://sid.ir/paper/356035/en

Vancouver: Copy

ZOMORODIAN GHOLAMREZA, NARIMAN FARKHONDEH. EXAMINING SECURITY OF INVESTMENT IN THE STOCK, GOLD, EXCHANGE AND HOUSING MARKET OF IRAN USING VALUE AT RISK (VAR) CRITERIA. FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT)[Internet]. 2016;7(27):87-113. Available from: https://sid.ir/paper/356035/en

IEEE: Copy

GHOLAMREZA ZOMORODIAN, and FARKHONDEH NARIMAN, “EXAMINING SECURITY OF INVESTMENT IN THE STOCK, GOLD, EXCHANGE AND HOUSING MARKET OF IRAN USING VALUE AT RISK (VAR) CRITERIA,” FINANCIAL ENGINEERING AND SECURITIES MANAGEMENT (PORTFOLIO MANAGEMENT), vol. 7, no. 27, pp. 87–113, 2016, [Online]. Available: https://sid.ir/paper/356035/en

Related Journal Papers