A Financial Ratio Analysis on BIST Information and Technology Index (XUTEK) Using AHP-weighted Grey Relational Analysis

The financial ratio analysis is an important issue for the stock exchange markets which have many sub-sectoral indexes. During Industry 4.0 revolution and transition, sector of information technology shown as one sectors that great strategic importance in global change development process. So, performance provides a significant added value to economies. In this study, multi-criteria decision-making (MCDM) approaches will be used determine weights criteria with considering experts’ opinions evaluation companies operating field Information Technology Sector BIST Stock Index (XUTEK). order measure MCDM methods, ratios liquidity, operational/activity, structure, profitability are obtained from statements frequently applied scientific literature. were determined by using pairwise comparison feature analytical hierarchy process method expert opinions. Then, smallest largest values quarterly periods 2020 uncertainty formed evaluated gray relational method. After all; XUTEK stocks included priority investment portfolio terms been determined.