The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 29-124
Full Name: Stefan-Alexandru Ionescu
Position: Assistant Professor
Age: ON
Sex: Male
Address: 16, Dumbraveni st, 4th district, 040779- Bucharest
Country: ROMANIA
Tel: +40 729 444555
Tel prefix:
Fax: +40 21 451 0012
E-mail address: ionescusa@yahoo.com
Other E-mails: ionescusa@gmail.com
Title of the Paper: Towards Profitability on the Financial Markets; A Discriminant Analysis Approach.
Authors as they appear in the Paper: Stefan-Alexandru Ionescu, Camelia-Monica Gheorghe, Stefania-Cristiana Murgoci, Emilia Ionescu
Email addresses of all the authors: ionescusa@yahoo.com , camighe@yahoo.com , cristianastefania@yahoo.com , emacont@yahoo.com
Number of paper pages: 10
Abstract: In this paper we tried to group in three classes the companies listed without interruption for 6 years from Bucharest Stock Exchange. We used cluster analysis, namely an iterative method of clustering, the k-means algorithm. Using data results, we have made tests for the three classes of prediction using discriminant analysis. Fisher's functions have helped us to make predictions on the affiliation of a new listed company on one of the 3 classes of risk. In this study, emphasis was placed on the liquidity of companies, but also on how efficient are used the raw materials, the basic elements in the current financial crisis. This should give us a clearer picture of companies that are ready to get over this difficult time.
Keywords: Discriminant analysis, Cluster analysis, Pattern recognition, Stock exchange, Portfolio analysis, Classifiers.
EXTENSION of the file: .pdf
Special (Invited) Session: Making Prediction of the Profitability on the Financial Markets Using Discriminant Analysis
Organizer of the Session: 709-184
How Did you learn about congress: Gheorghe Ruxanda (gherux@ase.ro) , Florin Bonciu (fbonciu@gmail.com) , Daniela Zirra (daniela.zirra@gmail.com)
IP ADDRESS: 93.126.131.97
