Record Details

FENOMENA MARKET OVERREACTION DI BURSA EFEK INDONESIA

Management Analysis Journal

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Field Value
 
Title FENOMENA MARKET OVERREACTION DI BURSA EFEK INDONESIA
 
Creator Maharani, Santi; Jurusan Manajemen, Fakultas Ekonomi, Universitas Negeri Semarang
Witiastuti, Rini Setyo; Jurusan Manajemen, Fakultas Ekonomi, Universitas Negeri Semarang
 
Subject abnormal return; winner-loser portfolio; market overreaction
 
Description This research examines the market overreaction in Indonesia Stock Exchange from 2009 to 2013. The population in this research are all of the companies that list in Indonesia Stock Exchange. The sample are stocks which are belonging to active stocks, it is determined by purposive sampling method. Market overreaction are measured by abnormal return and indicated with ACAR loser portfolio outperformed of ACAR winner portfolio. The result on quarterly period, semester period, and year period showed that loser portfolio outperformed winner portfolio. Value of the statistic tasting with one sample t test more than 0,05. This research concluded that there are market overreaction in Indonesia Stock Exchange and it’s not happens constantly
 
Publisher Management Analysis Journal
 
Contributor —
 
Date 2015-03-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.unnes.ac.id/sju/index.php/maj/article/view/7209
10.15294/maj.v4i1.7209
 
Source Management Analysis Journal; Vol 4, No 1 (2015): Management Analysis Journal
2502-1451
2252-6552
 
Language eng
 
Relation http://journal.unnes.ac.id/sju/index.php/maj/article/view/7209/5002