{"id":"https://openalex.org/W1972016304","doi":"https://doi.org/10.1057/palgrave.jors.2602442","title":"Portfolio selection under DEA-based relative financial strength indicators: case of US industries","display_name":"Portfolio selection under DEA-based relative financial strength indicators: case of US industries","publication_year":2007,"publication_date":"2007-06-20","ids":{"openalex":"https://openalex.org/W1972016304","doi":"https://doi.org/10.1057/palgrave.jors.2602442","mag":"1972016304"},"language":"en","primary_location":{"id":"doi:10.1057/palgrave.jors.2602442","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2602442","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040693131","display_name":"N. C. P. Edirisinghe","orcid":null},"institutions":[{"id":"https://openalex.org/I75027704","display_name":"University of Tennessee at Knoxville","ror":"https://ror.org/020f3ap87","country_code":"US","type":"education","lineage":["https://openalex.org/I75027704"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"N C P Edirisinghe","raw_affiliation_strings":["The University of Tennessee Knoxville TN USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The University of Tennessee Knoxville TN USA","institution_ids":["https://openalex.org/I75027704"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5086536301","display_name":"Xiu Zhang","orcid":"https://orcid.org/0000-0003-3472-4958"},"institutions":[{"id":"https://openalex.org/I75027704","display_name":"University of Tennessee at Knoxville","ror":"https://ror.org/020f3ap87","country_code":"US","type":"education","lineage":["https://openalex.org/I75027704"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"X Zhang","raw_affiliation_strings":["The University of Tennessee Knoxville TN USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The University of Tennessee Knoxville TN USA","institution_ids":["https://openalex.org/I75027704"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5040693131"],"corresponding_institution_ids":["https://openalex.org/I75027704"],"apc_list":null,"apc_paid":null,"fwci":2.7629,"has_fulltext":false,"cited_by_count":81,"citation_normalized_percentile":{"value":0.90030417,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"59","issue":"6","first_page":"842","last_page":"856"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.9908000230789185,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9857000112533569,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/data-envelopment-analysis","display_name":"Data envelopment analysis","score":0.7506909370422363},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.6187983751296997},{"id":"https://openalex.org/keywords/equity","display_name":"Equity (law)","score":0.5133516192436218},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.49772050976753235},{"id":"https://openalex.org/keywords/financial-ratio","display_name":"Financial ratio","score":0.49766209721565247},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.4638073444366455},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41617968678474426},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.37180352210998535},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.29896727204322815},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.2564390301704407},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1008843183517456},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.09841743111610413}],"concepts":[{"id":"https://openalex.org/C22088475","wikidata":"https://www.wikidata.org/wiki/Q647974","display_name":"Data envelopment analysis","level":2,"score":0.7506909370422363},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6187983751296997},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5133516192436218},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.49772050976753235},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.49766209721565247},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4638073444366455},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41617968678474426},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37180352210998535},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.29896727204322815},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2564390301704407},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1008843183517456},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09841743111610413},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1057/palgrave.jors.2602442","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2602442","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:pal:jorsoc:v:59:y:2008:i:6:d:10.1057_palgrave.jors.2602442","is_oa":false,"landing_page_url":"http://link.springer.com/10.1057/palgrave.jors.2602442","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","score":0.5,"id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W35375872","https://openalex.org/W1507787960","https://openalex.org/W1549234464","https://openalex.org/W1964415852","https://openalex.org/W1985733926","https://openalex.org/W1999402781","https://openalex.org/W2005346797","https://openalex.org/W2008088727","https://openalex.org/W2015856032","https://openalex.org/W2018389594","https://openalex.org/W2023763199","https://openalex.org/W2026496668","https://openalex.org/W2043464706","https://openalex.org/W2049395631","https://openalex.org/W2053747204","https://openalex.org/W2054986623","https://openalex.org/W2065169795","https://openalex.org/W2076452041","https://openalex.org/W2076858017","https://openalex.org/W2085872740","https://openalex.org/W2090692837","https://openalex.org/W2090874083","https://openalex.org/W2110250287","https://openalex.org/W2123090532","https://openalex.org/W2129763896","https://openalex.org/W2142736294","https://openalex.org/W2148965563","https://openalex.org/W2313727555","https://openalex.org/W2510799815","https://openalex.org/W2795413297","https://openalex.org/W3121262606","https://openalex.org/W3124285530","https://openalex.org/W4205758720"],"related_works":["https://openalex.org/W2801360836","https://openalex.org/W2120745168","https://openalex.org/W2736559621","https://openalex.org/W2352291457","https://openalex.org/W2360317231","https://openalex.org/W2126538897","https://openalex.org/W4378625608","https://openalex.org/W2277194173","https://openalex.org/W2393998096","https://openalex.org/W2977883531"],"abstract_inverted_index":{"Fundamental":[0],"analysis":[1],"is":[2],"an":[3,33,53,100],"approach":[4,34],"for":[5,9],"evaluating":[6],"a":[7,46,56,89],"firm":[8,98],"its":[10],"investment-worthiness":[11],"whereby":[12],"the":[13,69,74,77,81,87,97,105,111,135,138],"firm's":[14,57],"financial":[15,37,48],"statements":[16],"are":[17],"subject":[18],"to":[19,22,35,44,64],"detailed":[20],"investigation":[21],"predict":[23],"future":[24],"stock":[25,83,128],"price":[26,84],"performance.":[27],"In":[28],"this":[29],"paper,":[30],"we":[31],"propose":[32],"combine":[36],"statement":[38],"data":[39],"using":[40,114,125],"Data":[41],"Envelopment":[42],"Analysis":[43],"determine":[45],"relative":[47],"strength":[49,59],"(RFS)":[50],"indicator.":[51],"Such":[52],"indicator":[54,79,107],"captures":[55],"fundamental":[58],"or":[60],"competitiveness":[61],"in":[62,68,99],"comparison":[63],"all":[65],"other":[66],"firms":[67,109],"industry/market":[70],"segment.":[71],"By":[72],"analysing":[73],"correlation":[75,120],"of":[76,137],"RFS":[78,126],"with":[80,108],"historical":[82],"returns":[85],"within":[86,130],"industry,":[88],"well-informed":[90],"assessment":[91],"can":[92],"be":[93],"made":[94],"about":[95],"considering":[96],"equity":[101],"portfolio.":[102],"We":[103],"test":[104],"proposed":[106,139],"from":[110],"technology":[112],"sector,":[113],"various":[115],"US":[116],"industries":[117],"and":[118],"report":[119],"analyses.":[121],"Our":[122],"preliminary":[123],"computations":[124],"indicator-based":[127],"selection":[129],"mean\u2013variance":[131],"portfolio":[132],"optimization":[133],"demonstrate":[134],"validity":[136],"approach.":[140]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":7},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":3}],"updated_date":"2026-06-18T10:00:31.954636","created_date":"2025-10-10T00:00:00"}
