International Journal of Neutrosophic Science

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Volume 27 , Issue 2 , PP: 287-296, 2026 | Cite this article as | XML | Html | PDF | Full Length Article

An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures

K. Meenakshi 1 * , Pavithra S. 2 , S. Sathish 3 , Prabakaran N. 4

  • 1 School of Engineering, Presidency University, Bengaluru, Karnataka, India - (k.meenakshi@presidencyuniversity.in)
  • 2 School of Engineering, Presidency University, Bengaluru, Karnataka, India - (pavithra.s@presidencyuniversity.in)
  • 3 School of Engineering, Presidency University, Bengaluru, Karnataka, India - (s.sathish@presidencyuniversity.in)
  • 4 School of Computer Science and Engineering, Vellore Institute of Technology, Vellore, India - (dhoni.praba@gmail.com)
  • Doi: https://doi.org/10.54216/IJNS.270224

    Received: February 08, 2025 Revised: May 28, 2025 Accepted: July 09, 2025
    Abstract

    This article defines the central tendency fuzzy measures, which include the weighted fuzzy possiblistic mean and the fuzzy probability mean involving octagonal fuzzy numbers. The same is supported by a fuzzy variant of the Black-Scholes option model, in which uncertain pricing parameters such as volatility, interest rate, and stock price are described using octagonal fuzzy numbers.

    Keywords :

    Weighted fuzzy possiblistic mean , Interval-valued fuzzy expectation , Octagonal fuzzy numbers , Black-Scholes variant fuzzy option model

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    Cite This Article As :
    Meenakshi, K.. , S., Pavithra. , Sathish, S.. , N., Prabakaran. An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures. International Journal of Neutrosophic Science, vol. , no. , 2026, pp. 287-296. DOI: https://doi.org/10.54216/IJNS.270224
    Meenakshi, K. S., P. Sathish, S. N., P. (2026). An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures. International Journal of Neutrosophic Science, (), 287-296. DOI: https://doi.org/10.54216/IJNS.270224
    Meenakshi, K.. S., Pavithra. Sathish, S.. N., Prabakaran. An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures. International Journal of Neutrosophic Science , no. (2026): 287-296. DOI: https://doi.org/10.54216/IJNS.270224
    Meenakshi, K. , S., P. , Sathish, S. , N., P. (2026) . An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures. International Journal of Neutrosophic Science , () , 287-296 . DOI: https://doi.org/10.54216/IJNS.270224
    Meenakshi K. , S. P. , Sathish S. , N. P. [2026]. An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures. International Journal of Neutrosophic Science. (): 287-296. DOI: https://doi.org/10.54216/IJNS.270224
    Meenakshi, K. S., P. Sathish, S. N., P. "An Empirical Evaluation of the Stock Market Using Fuzzy Variant Black and Scholes Model Involving Central Fuzzy Masures," International Journal of Neutrosophic Science, vol. , no. , pp. 287-296, 2026. DOI: https://doi.org/10.54216/IJNS.270224