20.500.12556/DKUM-76892 Uporaba večkriterijskih metod pri izbiri najustreznejše delnice za naložbo The use of multi-criteria methods in selecting the most suitable stock for investment V delu diplomskega projekta obravnavamo problem odločanja po več kriterijih hkrati za izbiro najustreznejše delnice za naložbo. Čedalje več ljudi se odloča za investiranje v delnice, vendar ni nujno, da se investicija izplača. Pomembno je, da opravimo razne finančne analize in določimo kriterije, s pomočjo katerih bomo lažje izbrali najustreznejšo delnico, ki bo zadovoljila naša pričakovanja. V delu diplomskega projekta predpostavljamo, da investitor ni poučen o investiranju v delnice in se ne spozna na finančne analize. Odločal se bo na podlagi treh kriterijev na prvi ravni, to so ugodnosti, tveganje in stroški, ter treh kriterijev na drugi ravni, to so dividendna donosnost, multiplikator čistega dobička in kazalnik donosnosti kapitala. S pomočjo metod odločanja po več kriterijih hkrati in računalniškega programa Web-HIPRE smo dobili najboljšo izbiro glede na naše izbrane kriterije. Glavni cilj naloge je izbrati najustreznejšo delnico za naložbo. Podrobneje predstavimo tudi večkriterijsko odločanje in delnice. Največji pomen v delu diplomskega projekta dajemo večkriterijskemu odločanju. Pristopi odločanja po več kriterijih hkrati so nam v veliko pomoč pri iskanju prave rešitve pri kompleksnih problemih, na podlagi več, konfliktnih kriterijev. Pomembno je, da problem dobro poznamo in ga pravilno opredelimo. Za pomoč pri reševanju, oziroma za praktično uporabo teh metod, poznamo veliko računalniških programskih oprem, s pomočjo katerih rešujemo probleme večkriterijskega odločanja. V delu diplomskega projekta se osredotočamo na program za večparametrsko modeliranje Web-HIPRE. Investiranje v delnice je zelo priljubljeno zaradi velikih možnih donosov, vendar je hkrati zelo tvegana naložba in nimamo zagotovila, da se bo naše investiranje obrestovalo, torej, da bomo prejeli kakršen koli donos. V delu diplomskega projekta izbiramo med petimi alternativami in sicer delnico delniške družbe Cinkarna Celje, delnico Intereuropa, delnico Krka, delnico delniške družbe Luka Koper in delnico Petrol. Po uporabi izbranih metod ugotovimo, da je najboljša izbira med vsemi alternativami za investicijo delnica delniške družbe Luka Koper. Vrednosti alternativ, delnic, se pri spreminjanju uteži izbranim kriterijem spreminjajo, vendar to pri manjših spremembah uteži, v obravnavanem primeru, ki bi jih naredil kompetenten odločevalec, ne vpliva na izbiro najboljše alternative. In the diploma project we are dealing with the problem of multi-criteria decision-making in selecting the most suitable stock for investment. More and more people are deciding to invest in stocks, but this investment will not necessarily pay off. It is important to conduct a number of financial analyses and determine the criteria to make it easier for us to choose the most appropriate stock that will meet our expectations. In this diploma project, we assume that the investor is not knowledgeable about investing in stocks and is not familiar with the various financial analyses. They will decide based on the three level-one criteria, i.e. benefits, risk and costs, and the three level-two criteria, i.e. dividend yield, earnings per share and return on capital indicator. With the help of multi-criteria decision-making methods and the Web-HIPRE computer program, we obtain the best choice according to our selected criteria. The main goal of the project is to select the most suitable stock for investment. In addition, multi-criteria decision-making and stocks are also presented in more detail. In the diploma project, the greatest importance is placed on multi-criteria decision-making. Decision-making approaches looking at several criteria simultaneously are of great help to us in finding the right solution to complex problems, based on several, conflicting criteria. It is important to be well familiar with the problem and to define it correctly. There is a lot of computer software available to assist us in solving the problems of multi-criteria decision-making, which is carried out through practical use of the methods. This diploma project focuses on the multi-parameter modeling program known as Web-HIPRE. Investing in stocks is very popular because of the high probability of returns, but at the same time, it is a very risky type of investment and we have no guarantee that it will pay off. In the diploma project we choose between five alternatives, namely the stocks of the following companies: Cinkarna Celje, Intereuropa, Krka, Luka Koper and Petrol. After using the selected methods, we find that the best choice among all the alternatives is investing in a stock of Luka Koper. The values of alternatives, i.e. stocks, change along with the change of weights to the selected criteria, but this does not affect the choice of the best alternative when the changes in weights are minor, as in the given case, which would be made by a competent decision-maker. Delnice investicija večkriterijsko odločanje Web-HIPRE. Stocks investment multi-criteria methods Web-HIPRE. true true false [M. Horvat] Slovenski jezik Angleški jezik Delo diplomskega projekta/projektno delo 2020-07-24 14:34:31 2021-03-26 11:56:54 2022-08-09 14:05:44 2020-09-17 03:14:11 2020 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 336.763 57374723 URN:SI:UM:DK:XTYAMSYB UN_Horvat_Mojca_2020.pdf UN_Horvat_Mojca_2020.pdf 1 C635D44198EC880DBC3CBB842E504A3B bc61ea784d6a05e28dd4b1670144bfe2d1cc9561db79892d1444179b786fce67 d015ef93-7c11-11eb-bb7a-00155d0001ca 20.500.12556/dkum/9c73f108-dce6-40dc-b68c-71a26d3ab50b https://dk.um.si/Dokument.php?lang=slv&id=145634 Ekonomsko-poslovna fakulteta 0 0 0