Table 13 Sensitivity analysis on the indifference threshold in ELECTRE-TRI
From: Using ELECTRE-TRI and FlowSort methods in a stock portfolio selection context
No | Criteria | Indifference threshold | ||||||
|---|---|---|---|---|---|---|---|---|
1 | Return | 0 | 1 | 3 | 5 | 8 | 12 | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | Â | |
2 | Beta | 0 | 0.02 | 0.05 | 0.08 | 0.1 | 0.15 | Â |
F value | 0.393 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | Â | |
3 | Net Profit Margin | 0 | 1.5 | 3 | 5 | 8 | Â | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | Â | Â | |
4 | ROA | 0 | 2 | 3 | 4 | 5 | Â | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | Â | Â | |
5 | ROE | 0 | 1 | 3 | 5 | 8 | Â | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | Â | Â | |
6 | EPS | 0 | 50 | 100 | 300 | Â | Â | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | Â | Â | Â | |
7 | P/E | 0 | 0.25 | 0.5 | 0.75 | 1 | 1.25 | 1.5 |
F value | 0.333 | 0.333 | 0.4 | 0.4 | 0.363 | 0.385 | 0.385 | |
8 | P/BV | 0 | 0.2 | 0.4 | 0.8 | 1.2 | Â | Â |
F value | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | Â | Â | |