Impact analysis of Macroeconomic Variables on Stock Market using Neutrosophic Interval Valued Dependent Matrix Model

G. Kavitha¹, S. Bhuvaneswari²

¹Department of Mathematics, Hindustan Institute of Technology & Science, Tamil Nadu, India

²Department of Mathematics, D.B. Jain College, Chennai, Tamil Nādu, India

E-mail: kavithateam@gmail.com; prof.karuna@gmail.com

Abstract

Macroeconomic factors in general are crucial for developing a country's economy. This analysis takes into account the chosen macroeconomic factors for the years 2015 to 2019 including inflation, interest rate, GDP, and GDP per capita. The present study considered the new method of Neutrosophic environment in terms of the Fuzzy CETD matrix to determine the impact of the stock market for a particular year. This article describes a technique for examining how macroeconomic factors affect the stock market in a specific year. The proposed method reveals that the impact of the stock market is higher in 2015 than in 2016.

Keywords: Neutrosophic Logic; NRIVD matrix; NCEIVD matrix; Macro economic variables.