Fenomena Market Overreaction di Bursa Efek Indonesia
Year: 2015
Type: article
Abstract: 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
Source: Management Analysis Journal
Authors: Santi Maharani, Rini Setyo Witiastuti
Institution: State University of Semarang
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2223323401