scholarly journals REAKSI PASAR TERHADAP PENGUMUMAN KENAIKAN DAN PENURUNAN DIVIDEN PADA INDUSTRI PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2008-2010

2012 ◽  
Vol 2 (2) ◽  
pp. 70
Author(s):  
Siti Nur Aisah ◽  
Tina Sulistiyani
Keyword(s):  
Data Collection ◽  
Abnormal Return ◽  
Stock Exchange ◽  
T Test ◽  
The Other ◽  
Purposive Sampling ◽  
Study Population ◽  
Dividend Increases ◽  
Data Collection Technique ◽  
The One

This study aims to determine how the market reaction to announcements of dividend increases and decreases in the Banking Companies listed on the Indonesia Stock Exchange 2008-2010 period. This study population was 31 banking companies that announced dividend increases and decreases during the period 2008-2010. Data collection technique used was purposive sampling. Of the 31 existing populations, selected 7 samples that meet the criteria penelitian. Teknik analysis of the data used is the one sample t-test. The research proves that in 2009 the abnormal return only occurs on day 5 before the announcement of devidend increase, while the other day, thus indicating no abnormal return. Research in 2010, it is known that there is no abnormal return on announcement of an increase or descrease in dividends.

scholarly journals Analisis Sell in May and Go Away di Bursa Efek Indonesia dan Malaysia Periode 2017-2019

2021 ◽  
Vol 9 (1) ◽  
pp. 311
Author(s):  
Laila Marta Zarika ◽  
R.A. Sista Paramita
Keyword(s):  
Hypothesis Testing ◽  
Stock Price ◽  
Abnormal Return ◽  
Stock Exchange ◽  
T Test ◽  
The Other ◽  
Price Movement ◽  
Paired Sample ◽  
Price Data ◽  
The Difference

In May and Go Away (SMGA), Sell is a type of seasonal Anomaly, which historically originated in Europe and America that between May-October returns lower than the other periods from November to April. This research aims to determine the difference in abnormal return in the May-October (Worst period) period and November-April (Best period) in Indonesia and Malaysia Stock Exchange between 2017 to 2019. This test conducted using the company's stock price data samples listed on the LQ45 index in the Indonesia Stock Exchange and the FBMKLCI index in the Malaysia Stock Exchange period 2017 to 2019. Hypothesis testing using paired sample t-test to answer if there is a difference in return between the best period and the worst period, to prove the Sell's existence in May and Go Away. The results showed no difference returns between the best and worst periods in the Sell in May and Go Away phenomenon at the Indonesia and Malaysia Stock Exchange period 2017 to 2019. The Investor considers SMGA as not a phenomenon containing excellent or bad information that is capable of affecting the price movement of shares so that SMGA as a strategy to buy stocks in the best period and sell in the worst period is no longer relevant

scholarly journals Reaksi Pasar atas Pengumuman Dividen: Sebuah Tinjauan Ulang

Performance ◽  
2020 ◽  
Vol 27 (2) ◽  
pp. 23
Author(s):  
Fransisca Astuti Mutiara ◽  
Leo Indra Wardhana
Keyword(s):  
Event Study ◽  
Abnormal Return ◽  
Stock Exchange ◽  
Statistical Tests ◽  
T Test ◽  
The Other ◽  
Market Reactions ◽  
Dividend Payment ◽  
Event Study Method ◽  
Dividend Announcements

This study revisits the market reactions on the dividend payment events, cum-dividend date and payment date, using the event study method. The sample of this study includes all dividend announcements from 2017 to 2018 in the Indonesia Stock Exchange. This study performs various robust statistical tests proposed by Harrington and Shrider (2007), who point out that standard classical t-test is not enough to ensure abnormal return on an event because of the bias due to volatility caused by an event. Using various statistical tests for testing the abnormal return, this study shows that the market indeed reacts to the cum-dividend date and dividend payment date, as well as showing that the classical t-test showing the same conclusion as the other tests.    

scholarly journals Analysis of the Markowitz Method and the Single Index Method in Determining the Optimal Portfolio

2021 ◽  
Vol 5 (1) ◽  
pp. 126-133
Author(s):  
Dhea Eka Fitriyani
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
T Test ◽  
Optimal Portfolio ◽  
Minimal Risk ◽  
Index Method ◽  
Single Index ◽  
Study Population ◽  
The One ◽  
Stock Portfolio

Investors generally make investments to get the maximum return with minimal risk. The optimal portfolio is a method that can be used to determine the stock portfolio that produces the maximum return with the least risk. The purpose of this study is to determine the accuracy of the Markowitz method and the single index method in determining the optimal portfolio and to determine whether or not there are differences in the results of optimal portfolio calculations using the Markowitz Method and the Single Index Method. The study population includes LQ-45 companies listed on the Indonesia Stock Exchange for the period 2014-2018. The sampling method used in this study was purposive sampling, based on predetermined criteria obtained from 18 sample companies. The method used is the One-Sample t-Test and the Independent Sample t-Test. The results of this study indicate that there is no difference between the Markowitz Method and the Single Index Method in determining the Optimal Portfolio.

scholarly journals Efektivitas Permainan Kartu Kuartet dan Metode Menghafal

2019 ◽  
Vol 21 (02) ◽  
pp. 227
Author(s):  
Hasnianti Hasnianti
Keyword(s):  
Data Collection ◽  
T Test ◽  
Research Results ◽  
Purposive Sampling ◽  
Average Value ◽  
Card Games ◽  
Evaluation Test ◽  
Data Collection Technique ◽  
Case Class

This study aims to compare the effectiveness of quartet card games and memorization methods for students' mastery of vocabularies. In this study, using quasi quantitative experiments. The sample of this study was purposive sampling taken from class VII A and B as many as 40 students with a population of 150 people. Then the data collection technique used by researchers is the evaluation test relating to the mastery of the consensus existing on the quartet card. The T-test is a formula that researchers use in obtaining research results. Obtained that the experimental class in this case class VII A, amounting to 19 students after treatment, then given a test obtained an average value of 5.8, while the control class, in this case, Class VII B students were 21 students after memorizing the vocabularies method. The same as the consensus in the quartet card and then given a test obtained an average value of 3,6, so it can be concluded that Ho is rejected and Ha is accepted because t arithmetic 4,23 is more significant than t table 1,68959.

ANALISIS ABNORMAL RETURN PORTOFOLIO WINNER - LOSER PADA PERUSAHAAN YANG TERDAFTAR DI INDEKS KOMPAS 100

2021 ◽  
Vol 3 (1) ◽  
pp. 88-97
Author(s):  
Jessica Willa Wiranata ◽  
Anastasia Sri Mendari
Keyword(s):  
Abnormal Return ◽  
Stock Exchange ◽  
Sampling Technique ◽  
T Test ◽  
Paired Sample ◽  
Purposive Sampling ◽  
Testing Period ◽  
Stock Portfolios ◽  
Significant Difference ◽  
Stock Portfolio

This study aims to analyze whether there is a difference in abnormal return average of stock portfolios in winner and loser categories during two different periods namely formation and testing periods to test winner-loser anomaly occurrence. The population of this study was the companies listed in the Kompas 100 Index of Indonesia Stock Exchange from February 2015 to July 2019. A number of 44 companiesused as the samples of this study which selected by using the purposive sampling technique. Parametric paired sample t-test and nonparametric Wilcoxon signed ranks test were used to analyze the data that processed by using SPSS program. The results show that the abnormal return average of the winner stock portfolio and loser stock portfolio in the formation period has a significant difference with the abnormal return average of the winner stock portfolio and loser stock portfolio in the testing period.

scholarly journals The Effect of Shuttle Run and Zig-Zag Run Training On Dribbling Skills

2021 ◽  
Vol 5 (1) ◽  
pp. 113-125
Author(s):  
Rachmat Hidayat ◽  
A Heri Riswanto ◽  
M Iqbal Hasanuddin
Keyword(s):  
Data Collection ◽  
Sampling Technique ◽  
T Test ◽  
Purposive Sampling ◽  
Training Models ◽  
Average Value ◽  
A Value ◽  
Quasi Experimental ◽  
Data Collection Technique ◽  
Shuttle Run

The shuttle run exercise is a form of exercise that can improve agility. The zigzag run exercise is a form of agility training that involves the use of bollards and stakes. UM Palopo futsal players must have good dribbling skills. The conditions experienced by UM Palopo futsal players still often make mistakes in their dribbling skills. The lack of skills possessed by UM Palopo futsal players is due to the lack of agility training models that can support the achievements of futsal players. This study aims to reveal the effect of shuttle run and zig-zag run training on dribbling skill. The method used is a quasi-experimental (quasi-experimental). The population is 20 people from UKM Futsal UM Palopo. The sampling technique is purposive sampling. The data collection technique used the dribbling skill instrument and was analyzed by using the sig level t test. = 0.05. The results of the analysis show that there is a significant effect of shuttle run  with a value of tcount value of 20,904 > ttable of 1,812 and pvalue that is 0.000 < 0.05. Zig-zag run with tcount value of 26,826 > ttable of 1,812 and pvalue that is 0.000 < 0.05. The improvement in shuttle run training with an average value of 17.55 and zig-zag run training with an average value of 15.61 and a significant value of 0.000 < 0.05. It can be concluded that the zig-zag run is more effective in improving dribbling skills.

scholarly journals Efektivitas Layanan Konseling Individu Dengan Pendekatan Realitas Untuk Pemantapan Peminatan Pada Peserta Didik SMAN-2 Palangkaraya

2018 ◽  
Vol 3 (2) ◽  
pp. 18-21
Author(s):  
Fatmawati Fatmawati ◽  
Karyanti Karyanti
Keyword(s):  
Data Collection ◽  
Sampling Technique ◽  
T Test ◽  
Counseling Services ◽  
Individual Counseling ◽  
Evaluation Plan ◽  
Counselling Services ◽  
Data Collection Technique ◽  
The One ◽  
The Individual

The purpose of this study is to find out the individual counselling services of SBMT and OAP can strengthen the interest of students of class XI MIPA at SMAN-2 Palangka Raya. The population in this study amounted to 35 students. The number of research samples consisted of 2 students. Sampling is determined by purposive sampling technique. The data collection technique uses observation and the scale of stabilisation of the audience. The method used is pre-experiment, the process of analysing data using One-Sample T-Test or better known as Pre-Post Design is an analysis involving two measurements on the same subject against a particular influence or treatment. Based on the results of the study and discussion above, it can be concluded that WDEP Individual Counseling Services (Wants, Direction, Evaluation, Plan) WDEP can strengthen specialisation in Students in Class XI MIPA 3 of SMAN-2 Palangka Raya. This is based on the results of the One-Sample T-Test, indicating that consolidation of speciality has increased by an average of 45 to 74, with an average number of increases of 29. Meaning "Counseling Services Individual Realities with Techniques (Wants, Direction, Evaluation, Plan) WDEP can improve stabilisation of interest in Class XI MIPA 3 Students of SMAN-2 Palangka Raya.

scholarly journals PENGARUH PERUBAHAN KOMPOSISI KEPEMILIKAN SAHAM SEBAGAI AKIBAT STOCK SPLIT TERHADAP LIKUIDITAS SAHAM

2018 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Nuri Lesmono Hidayah ◽  
Harits Noordin
Keyword(s):  
Abnormal Return ◽  
Trading Volume ◽  
Stock Exchange ◽  
T Test ◽  
Stock Ownership ◽  
Cumulative Abnormal Return ◽  
Stock Trading ◽  
Stock Liquidity ◽  
Purposive Sampling ◽  
Stock Split

Abstrak: Pengaruh Perubahan Komposisi Kepemilikan Saham Sebagai Akibat Stock Split terhadap Likuiditas Saham. Penelitian ini bertujuan untuk mengetahui dampak pemecahan saham terhadap perdagangan saham di Bursa Efek Indonesia (BEI) dengan memperhatikan komposisi kepemilikan saham. Komposisi kepemilikan saham publik dan perubahannya dalam kegiatan stock split diduga memiliki pengaruh terhadap likuiditas saham. Populasi penelitian ini adalah seluruh perusahaan di Bursa Efek Indonesia. Sampel penelitian sebanyak 48 perusahaan yang melakukan stock split pada periode 2010 – 2015. Pemilihan sampel menggunakan metode purposive sampling. Metode pengujian hipotesis menggunakan metode paired sampled t test dan analisis regresi. Hasil penelitian ini menunjukkan bahwa peristiwa stock split memberikan dampak terhadap perdagangan saham. Stock split menyebabkan terjadinya perbedaan yang signifikan dari cumulative abnormal return (CAR) dan rata-rata trading volume activity sebelum pemecahan saham dibandingkan setelah pemecahan saham. Berkenaan dengan komposisi saham publik dan perubahannya dalam peristiwa stock split ternyata tidak berpengaruh terhadap likuiditas perdagangan saham. Kata kunci: pemecahan saham, likuiditas, kepemilikan publik Abstract: The Effect of Change in Stock Ownership because of Stock Split on Stock Liquidity. This study aimed to determine the effect of the stock split on stock trading by considering stock ownership proportion in companies listed in the Indonesian Stock Exchange (IDX). This study hypotesized that stock ownership proportion and its change in later date affected stock liquidity. The population of this study was companies in the Indonesia Stock Exchange. The samples were 48 companies which conducted stock split in 2010-2015. The sample was selected by purposive sampling method. Hypotesis was tested by using paired sampelled t-test and regression analysis. The study found that stock split indeed affected stock trading. Stock split significantly affected Cumulative Abnormal Return (CAR) and trading activity, compared to data before stock split occurred. However, the studi also found that stock ownership proportion and its changes in later date did not affect stock liquidity. Keywords: stock split, liquidity, public shareholder

scholarly journals Reaksi Pasar Atas Pengumuman Paket Kebijakan Ekonomi X Tentang Daftar Negatif Investasi

2017 ◽  
pp. 104
Author(s):  
Gusti Ayu Surya Rosita Dewi ◽  
Dewa Gede Wirama ◽  
Ni Ketut Rasmini
Keyword(s):  
Economic Policy ◽  
Abnormal Return ◽  
Market Reaction ◽  
Stock Exchange ◽  
T Test ◽  
Cumulative Abnormal Return ◽  
Analysis Technique ◽  
Event Study Method ◽  
The One ◽  
Business Sectors

ABSTRACT This study aims to empirically test the market reaction that occurs upon the announcement of Economic Policy Package X about the negative investment list (DNI). This study using event study method. The market reaction is calculated using cumulative abnormal return (CAR). The population used are all companies listed on the Indonesian Stock Exchange (BEI), 525 companies. The number of samples used are 477 companies. The analysis technique used is the one sample t-test and the independent sample t-test.  The analysis showed that there is a positive market reaction to the announcement of the Economic Policy Package X. Furthermore, there are differences in the reaction that occurs between the business sectors that benefited by the policy than other business sectors. The highest reaction is shown by the business sectors that benefited by the policy. Business sectors which are benefited by the policy announcement obtained higher market reaction than their counterpart. Keywords: Market reaction, economic policy package X, negative list investment, abnormal return

scholarly journals PENGARUH PENGUMUMAN DIVIDEN TERHADAP HARGA SAHAM DAN ABNORMAL RETURN PADA INDUSTRI JASA DI BURSA EFEK INDONESIA

2017 ◽  
Vol 3 (1) ◽  
pp. 1-10
Author(s):  
Carissa Bella Yonatan ◽  
Muhammad Yunus Kasim ◽  
Cici Riyanti K Bidin
Keyword(s):  
Significant Influence ◽  
Stock Prices ◽  
Abnormal Return ◽  
Stock Exchange ◽  
T Test ◽  
Simple Linear Regression ◽  
The Third ◽  
Before And After ◽  
Dividend Increases ◽  
Paired T Test

The aim of this study is to determine the influence of dividend announcement on stock prices and abnormal return in the services industries listed on Indonesia Stock Exchange. This study is descriptive-quantitative. The research methods used are simple linear regression and paired T-test or Two sample T-test for comparing the two means. The result of the first hypothesis that is dividend increases variable shows significant influence on stock prices with the value of t-count is 2.876 > the value of t-table 1.667 and dividends decreases with t-count value of 0.858 < the value of t-table 1.696, proves the second hypothesis shows no significant influence on stock prices. Then the third hypothesis which states that dividend increases influence the abnormal return before and after the dividend announcement has t-count value of 7.22 > t-table is 2.776; and the fourth hypothesis that states that dividend decreases the abnormal return before and after dividend announcement showd t-count 0.416< t-table 2.776. This indicates that the fourth hypothesis in this study has no significant influence.Tujuan penelitian ini adalah untuk mengetahui pengaruh variabel dividen naik dan dividen turun secara signifikan terhadap harga saham dan Abnormal Return pada industri Jasa yang terdaftar di Bursa Efek Indonesia. Penelitian ini merupakan penelitian yang deskriptif yang bersifat kuantitatif. Metode penelitian ini menggunakan regresi sederhana dan paired t-test atau uji beda 2 sampel. Hasil penelitian menunjukkan hipotesis pertama yaitu variabel dividen naik menunjukkan pengaruh yang signifikan terhadap harga saham dengan t-hitung sebesar 2,876 > t-tabel sebesar 1,667 dan variabel dividen turun yang mempunyai nilai t-hitung sebesar 0,858 < t-tabel sebesar 1,696 sehingga hipotesis kedua tidak berpengaruh signifikan terhadap harga saham. Kemudian pada hipotesis ketiga yaitu variabel dividen naik berpengaruh terhadap Abnormal Return sebelum dan sesudah pengumuman dividen dimana t-hitung 7,22 > t-tabel 2,776 dan variabel dividen turun terhadap Abnormal Return sebelum dan sesudah pengumuman dividen menunjukkan nilai t-hitung 0,416 < t-tabel 2,776 sehingga hipotesis keempat pada penelitian ini tidak berpengaruh signifikan. 

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