scholarly journals Efek Anomali Pasar Terhadap Return Saham Pada Perusahaan Lq 45 Yang Terdaftar Di Bursa Efek Indonesia

2018 ◽  
Author(s):  
Sri Utami Ady ◽  
Rifatun Nuroniyah ◽  
Sugiyanto

The purposes of this study was to: (1) analyze the differences (Rogalski Effect) (2) to analyze the difference (Monday Effect) (3) to analyze the difference (Weekend Effect) on stock return at LQ 45 company listed in Indonesia Stock Exchange.The method used in this study was descriptive quantitative, the sample in this study amounted to 43 companies selected by using purposive sampling technique, the analysis tool used was the Independent Sample t-test.The result of hypothesis (1) there was no significant difference between the average of Monday April stock return with the average of Monday not April stock return. And there was no Rogalski Effect on LQ 45 stock return listed on Indonesia Stock Exchange. The result of hypothesis (2) therewass no significant difference between the average return of stock of Tujuan penelitian ini adalah untuk: (1) menganalisis adanya perbedaan (Rogalski Effect) (2) menganalisis adanya perbedaan (Monday Effect) (3) menganalisis adanya perbedaan (Weekend Effect) terhadap return saham pada perusahaan LQ 45 yang terdaftar di Bursa Efek Indonesia. Metode yang digunakan dalam penelitian ini adalah deskriptif kuantitatif, sampel dalam penelitian ini berjumlah 43 perusahaan yang terpilih dengan menggunakan teknik purposive sampling, alat analisis yang digunakan adalah Independent Sample t-test. Hasil Uji Hipotesis (1) tidak terdapat perbedaan yang signifikan antara rata-rata return saham senin April dengan rata-rata return saham senin non April. Dan tidak terjadi Rogalski Effect pada return saham LQ 45 yang terdaftar di Bursa Efek Indonesia. Hasil Uji Hipotesis (2) tidak terdapat perbedaan yang signifikan antara rata-rata return saham senin dengan rata-rata return saham non senin. Dan tidak terjadi Monday Effect pada return saham LQ 45 yang terdaftar di Bursa Efek Indonesia. Hasil Uji Hipotesis (3) terdapat perbedaan yang signifikan terjadi pada hari rabu, sedangkan pada hari senin, selasa, dan kamis tidak terdapat perbedaan yang signifikan antara rata-rata return saham. Dan tidak terjadi Weekend Effect pada return saham LQ 45 yang terdaftar di Bursa Efek Indonesia selama periode Februari 2016 sampai dengan Januari 2017

2017 ◽  
Vol 2 (4) ◽  
pp. 22-27
Author(s):  
Christiyaningsih Budiwati, SE,M.Si,Ak,CA ◽  
Ryan Noor Yudana

Objective - The study aims to identify the difference of returns that occur on every trading day, to identify the occurrence of the phenomenon of the Day of the Week Effect; to identify the occurrence of Monday Effect on stock trading in the Indonesian Stock Exchange; and to identify the occurrence of Weekend Effect on the Indonesian Stock Exchange. Methodology/Technique - This study examines companies listed in the LQ 45 Index between January 2016 and December 2016. The results are tested using a comparative method. The sample used consists of 41 companies. The hypothesis was testing using a one-way ANOVA and independent sample t-test. Findings - The results show that there is a difference of stock return occuring on every trading, day indicating the occurrence of the day of the week effect phenomenon. Further, there was no Monday Effect phenomenon observed during the study period and there was no Weekend Effect Phenomenon observed during the study period. Novelty - Based on the results, it can be concluded that the phenomenon of the Day of the Week Effect occurred between January 2016 and December 2016, while the phenomenon of Monday Effect and Weekend Effect did not occur during the study period. Type of Paper - Empirical Keywords: Stock Return; The Day of The Week Effect; Monday Effect; Weekend Effect; LQ-45 Index. JEL Classification: G10, G12.


2019 ◽  
Vol 5 (6) ◽  
pp. 486
Author(s):  
Ayu Fitri ◽  
Dina Fitrisia Septiarini

The purpose of this study was to determine the difference of rate of risk on islamic stock, islamic mutual fund, and gold period 2011-2015. It uses quantitative approach by using Kruskal Wallis test. The sample collecting method used purposive sampling. This study was used secondary data that was collected from official websites of Indonesia Stock Exchange, PT BNP Paribas, and Price Gold. Data used was historical data from JII index, NAV per unit BNP Paribas Pesona Syariah, and gold price. The result Kruskal-Wallis test show that there was significant difference of rate of risk on islamic stock, islamic mutual fund, and gold. But, when used Mann-Whitney next test show that there was no significant difference on Islamic stock. The result of this study proved that islamic stock was more best than gold and islamic mutual fund


2017 ◽  
Vol 5 (1) ◽  
pp. 100
Author(s):  
Yohana Bela Christian Sari ◽  
Guntur Guntur

Penelitian ini bertujuan untuk mengetahui: (1) perbedaan pengaruh metode massed practice dan metode manipulasi jarak servis terhadap hasil keterampilan servis atas (top spin) bola voli (2) perbedaan hasil servis atas (top spin) bola voli yang memiliki koordinasi mata-tangan tinggi dan koordinasi mata-tangan rendah terhadap hasil keterampilan servis atas (top spin) bola voli, dan (3) interaksi antara metode latihan dan koordinasi mata-tangan terhadap hasil keterampilan servis atas (top spin) bola voli. Metode penelitian ini menggunakan eksperimen dengan rancangan faktorial 2 x 2.  Populasi penelitian ini adalah anak latih ekstrakurikuler SMP di Kalasan Sleman Yogyakarta, yang berjumlah 42 orang. Sampel penelitian ini 22 diambil dengan teknik purposive sampling. Instrumen penelitian menggunakan tes koordinasi mata-tangan dan servis atas bola voli dengan menggunakan tes russlle-lange volleyball serve test. Teknik analisis data menggunakan Anava. Hasil penelitian ini menunjukkan bahwa: (1) ada perbedaan pengaruh yang signifikan antara latihan servis atas dengan menggunakan metode latihan massed practice dan metode latihan manipulasi jarak  terhadap hasil servis atas (top spin) bola voli, (2) ada perbedaan yang signifikan hasil servis atas (top spin) bola voli antara anak latih yang memiliki koordinasi mata-tangan tinggi dan koordinasi mata-tangan rendah, dan (3) ada interaksi antara metode  latihan servis atas dan koordinasi mata-tangan terhadap hasil servis atas bola voli.Kata kunci: massed practice dan manipulasi jarak, koordinasi mata-tangan, hasil servis atas (top spin) bola voli. The Effects of Training Method and Eye-Hand Coordination on the Results of Volleyball Serving Skill AbstractThis study aims to investigate: (1) the difference of the effects of massed practice method and serving distance manipulation method on the results of volleyball topspin serving skill, (2) the difference of the effects of the volleyball topspin serving with high eye-hand coordination and low eye-hand coordination on the results of volleyball topspin serving skill, and (3) the interaction between the training method and eye-hand coordination on the results of volleyball topspin serving skill. The study employed experimental method with a 2 x 2 factorial design. The research population comprised students joining the extracurricular of volleyball at SMP Kalasan, Sleman, Yogyakarta, with a total of 42 students. The sample consisted of 22 students, selected by means of purposive sampling technique. All data obtained through this study to test and measure eye-hand coordination tests and results of volleyball topspin serving were measured by Russell-Lange volleyball serving test. The data were analyzed by ANOVA. The results of the study are as follows. (1) There is a significant difference of the effects of topspin serving training through the massed practice training method and the distance manipulation training method on the results of volleyball topspin serving. (2) There is a significant difference in the results of volleyball topspin serving between the students with high eye-hand coordination and those with low eye-hand coordination. (3) There is an interaction between the serving training methods and eye-hand coordination on the results of volleyball topspin serving.Keywords: massed practice and serving distance manipulation methods, eye-hand coordination, results of volleyball topspin serving 


2018 ◽  
Vol 2 (1) ◽  
pp. 23
Author(s):  
Amir Hidayatulloh ◽  
Beni Suhendra Winarso

The objective of this research is to find out the effect of the growth of earning per share, deviden per share, return on investment and return on equity of stock return on registered companies in the LQ 45. The populations of this research are companies in Indonesian Stock Exchange. The sampling technique in this research uses by purposive sampling with the available data in 2005 – 2006, registered in the LQ-45 period 2006 – 2010 respectively, announced a profit and distributing dividends in a row, so that the sample used amounted to 15 companies. The statistical method used is multiple regresion to test a classical assumtion first. T statistical test show that the growth of Earning Per Share effect on stock return H+3, growth Dividend Per Share effect on stock return in the H-5 and H+4, growth of Return On Investment effect on stock return in return H+1, whereas Return On Equity effect on stock return H+3


2021 ◽  
Vol 3 (1) ◽  
pp. 88-97
Author(s):  
Jessica Willa Wiranata ◽  
Anastasia Sri Mendari

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.


2020 ◽  
Vol 2 (1) ◽  
pp. 79-96
Author(s):  
Abil Finda Farrukhy

Abstract   This research aims to identify the difference in the mean return and risk of regular and sharia stock listed on the Indonesia Stock Exchange as a provider of secondary data listed in the consumer goods industry in the 2019 period. The data analysis techniques in this research are using descriptive and inferential statistics analysis. The results of descriptive analysis within 1 year showed that the average return of regular stock is -0.0018342 or -0.18% while the average return of Sharia stock 0,0009238 or 0.09%. The risk level of regular stock during the period of 1 year is 0.0539309 or 5.39%. while the risk level of sharia stock is 0.0142570 or 1.43%. Based on the results of inferential analysis research using a different test (Independent Sample t-test), obtained result that there is no significant difference between return and risk of regular stock and Sharia stock. Keywords: Return, Risk, Regular Stock, Sharia Stock   Abstrak   Penelitian ini bertujuan untuk mengidentifikasi perbedaan rata-rata return dan risk saham reguler dan saham syariah yang tercatat pada Bursa Efek Indonesia sebagai penyedia data sekunder yang tercantum di bidang industri barang konsumsi periode 2019. Teknik analisis data penelitian ini menggunakan analisis statistik deskriptif dan inferensial. Hasil analisis deskriptif pada kurun waktu 1 tahun menyatakan bahwa rata-rata return saham reguler senilai -0,0018342, sedangkan rata-rata return saham syariah senilai 0,0009238. Tingkat Risk saham reguler selama kurun waktu 1 tahun senilai 0,0539309, sedangkan tingkat risk saham syariah senilai 0,0142570. Berdasarkan hasil penelitian analisis inferensial dengan menggunakan uji beda (Independent Sample t-test) dihasilkan bahwa tidak ditemukan perbedaan signifikan antara return dan risk saham reguler dengan saham syariah. Kata Kunci: Return, Risk, Saham Reguler, Saham Syariah


2020 ◽  
Vol 17 (1) ◽  
Author(s):  
Siswadi Sululing ◽  
Stefany Sandangan

ABSTRACTThis study aims to examine the effect of current ratio and return on assets on stock returns. The dependent variable used in this study is stock returns as measured by average stock returns. While the independent variables are current ratio and return on assets. The population in this study was the food and beverage sub-sector company on the Indonesia Stock Exchange in the period of 2012-2016. The sampling technique used in this study is purposive sampling. The analysis technique used in this study was multiple linear regression analysis. The results of the analysis show that the current ratio have a negative effect on the company's stock return. While, return on assets have a positive effect on the company's stock return. ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh current ratio dan return on assets terhadap return saham. Variabel dependen yang digunakan dalam penelitian ini adalah return saham yang diukur dengan return saham rata-rata. Sedangkan variabel independen adalah current ratio dan return on assets. Populasi dalam penelitian ini adalah perusahaan Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia periode 2012 – 2016. Sampel dalam penelitian ini menggunakan purposive sampling. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil analisis menunjukkan bahwa current ratio berpengaruh negatif terhadap return saham perusahaan. Sementara return on asset berpengaruh positif terhadap return saham perusahaan.


2020 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Fransiska Natasya Widjajanto ◽  
Ari Budi Kristanto ◽  
Maria Rio Rita

<em>Valid information content is a useful input for stakeholders in making a decision. This study aims to examine the differences in the Forward Looking Disclosure Index (FLDI) in companies detected in bankruptcy in 2017 by comparing previous annual reports (T-5). The population consisted of non-financial companies listed on the Indonesia Stock Exchange (IDX) in the period 2013 and 2017. The samples were determined using a purposive sampling technique and obtained as many as 77 companies. Tests were carried out using the Altman Z-Score Modification Method to find out the number of detected companies went bankrupt in 2017. Thirty items of quantitative and qualitative FLDI were measured using the disclosure index. The results showed that there were differences in FLDI in companies detected as bankrupt in 2013 and 2017. The difference was shown by an increase in qualitative disclosures when companies were detected as bankrupt or experiencing financial difficulties. This difference is captured by stakeholders as a signal of financial difficulties experienced by companies, even further can be a warning of potential bankruptcy.</em><div> </div><div> </div><div>Kandungan informasi yang valid menjadi input yang bermanfaat bagi para pemangku kepentingan dalam mengambil suatu keputusan. Penelitian ini bertujuan untuk menguji perbedaan <em>Forward Looking Disclosure Index</em> (FLDI) pada perusahaan yang terdeteksi bangkrut di tahun 2017 dengan membandingkan laporan tahunan sebelumnya (T-5). Populasi terdiri dari perusahaan-perusahaan nonkeuangan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2013 dan 2017. Sampel ditetapkan menggunakan teknik purposive sampling dan diperoleh sebanyak 77 perusahaan. Pengujian dilakukan menggunakan Metode Modifikasi Altman Z-Score untuk mengetahui jumlah perusahaan yang terdeteksi bangkrut pada tahun 2017. Sebanyak 30 item kuantitatif dan kualitatif FLDI diukur dengan menggunakan indeks pengungkapan. Hasil penelitian menunjukkan bahwa terdapat perbedaan FLDI pada perusahaan yang terdeteksi bangkrut tahun 2013 dengan 2017. Perbedaan tersebut ditunjukkan dari peningkatan pengungkapan secara kualitatif ketika perusahaan terdeteksi bangkrut atau mengalami kesulitan keuangan. Perbedaan ini ditangkap oleh para pemangku kepentingan sebagai suatu sinyal adanya kesulitan keuangan yang dialami oleh perusahaan, bahkan lebih jauh dapat menjadi peringatan potensi kebangkrutan.</div>


2021 ◽  
Vol 5 (1) ◽  
pp. 20
Author(s):  
Lia Woro Andini

Wanita menjelang menopause akan mengalami penurunan berbagai fungsi tubuh, sehingga akan berdampak pada ketidaknyamanan dalam menjalani kehidupannya. Untuk itu diperlukan sikap positif dengan diimbangi oleh informasi atau pengetahuan yang cukup, sehingga wanita lebih siap dalam menghadapi menopause baik siap secara fisik, mental, dan spiritual. Kesiapan sangat penting dimiliki wanita menjelang menopause baik pada wanita yang bekerja maupun yang tidak bekerja namun sejauh ini masih sedikit laporan terkait perbedaan tingkat kesiapan menghadapi menopause antara wanita yang bekerja dengan yang tidak bekerja. Tujuan Penelitian: mengetahui perbedaan tingkat kesiapan menghadapi menopause antara wanita yang bekerja dengan yang tidak bekerja. Metode: Penelitian ini menggunakan desain komparatif dengan pendekatan cross-sectional. Teknik pengambilan sampel menggunakan teknik purposive sampling dengan jumlah sampel 57 responden. Instrumen penelitian ini adalah kuesioner kesiapan menghadapi menopause yang diadopsi dari penelitian Hidayatiningtyas yang valid dan reliabel. Hasil penelitian dianalisis dengan menggunakan uji Mann Whitney. Hasil: 58,6% wanita tidak bekerja memiliki kesiapan cukup dan 27,6% memiliki kesiapan kurang. Sedangkan pada wanita yang bekerja, 60% memiliki kesiapan cukup dan 32,1% memiliki kesiapan baik. Ada perbedaan bermakna pada kesiapan menghadapi menopause antara wanita yang bekerja dengan yang tidak bekerja (p=0,022). Diskusi: Pada wanita yang bekerja memiliki kesiapan yang lebih baik dibandingkan dengan wanita yang tidak bekerja.  Hal ini karena wanita yang bekerja cenderung memiliki pandangan dan cara berpikir yang lebih luas sehingga akan memiliki pengetahuan yang cukup, salah satunya dalam hal kesiapan menghadapi menopause.  Kesimpulan: Petugas kesehatan disarankan dapat memberikan pendidikan kesehatan dalam rangka menyiapkan wanita pra menopause menghadapi masa menopause.  Bagi wanita, khususnya yang tidak bekerja, diharapkan mempersiapkan diri menghadapi menopause dengan aktif mencari informasi.Kata Kunci: Menopause, wanita bekerja Differences in Menopause Readiness Levels Between Working and Non-Working WomenABSTRACTMenopause-approaching women will experience a decrease in various body functions, which will cause discomfort in living their lives. Therefore, it requires a balance between a positive attitude and sufficient information or knowledge so that women are better prepared to face menopause physically, mentally, and spiritually. Readiness is crucial for women before menopause, both for working and non-working women. However, to date, there are few reports related to differences in the levels of readiness to face menopause between working and non-working women. Objective: to reveal the difference in readiness levels to face menopause between working and non-working women. Methods: This research employed a comparative design with a cross-sectional approach. Samples were taken using the purposive sampling technique with a sample size of 57 respondents. The instrument used in this research was a valid and reliable questionnaire of readiness to face menopause adopted from Hidayatiningtyas. The results of the research were analyzed using the Mann-Whitney test. Results: 58.6% of non-working women had sufficient readiness and 27.6% had insufficient readiness. Meanwhile, 60% of working women had sufficient readiness and 32.1% had good readiness. There was a significant difference in readiness to face menopause between working and non-working women (p = 0.022). Discussion: Working women are more prepared to face menopause than non-working women. This is because working women tend to have broader views and ways of thinking so that they will have sufficient knowledge, one of which is in terms of readiness to face menopause.  Conclusion: It is advised that health workers provide health education to prepare pre-menopausal women to face menopause. Moreover, it is expected that women, particularly those who do not work, prepare for menopause by actively seeking information.Keywords: Menopause, working women


2016 ◽  
Vol 4 (2) ◽  
pp. 135
Author(s):  
Bangkit Yudho Prabowo

Penelitian ini bertujuan untuk mengetahui: (1) Perbedaan pengaruh antara latihan bench press menggunakan barbel dan latihan bench press dengan menggunakan medicine ball terhadap kemampuan tolak peluru, (2) Perbedaan pengaruh antara yang memiliki motivasi tinggi dan motivasi rendah terhadap kemampuan tolak peluru dan  (3) Interaksi antara latihan bench press dan motivasi terhadap kemampuan tolak peluru. Sampel penelitian adalah 16 mahasiswa yang diambil dengan teknik purposive sampling. Teknik analisis data yang digunakan adalah analisis varian (ANAVA) dua jalur pada taraf signifikan α = 0,050. Hasil penelitian menunjukkan bahwa: (1) Ada perbedaan pengaruh yang signifikan antara latihan bench press barbel dan medicine ball terhadap kemampuan tolak peluru. Medicine ball memiliki pengaruh yang lebih besar daripada barbel, (2) Ada perbedaan pengaruh yang signifikan antara motivasi tinggi dan rendah terhadap kemampuan tolak peluru,. Motivasi tinggi memiliki pengaruh yang lebih besar daripada motivasi rendah, dan (3) Ada interaksi antara metode latihan bench press dan motivasi terhadap kemampuan tolak peluru. Efektivitas peningkatan tertinggi adalah pada kelompok mahasiswa dengan motivasi rendah yang diberi latihan menggunakan medicine ball dengan rata-rata peningkatan sebesar 33,92%, disusul motivasi tinggi dengan latihan menggunakan medicine ball 22,61%, motivasi tinggi dengan latihan menggunakan barbel 20,03%, dan motivasi rendah dengan latihan menggunakan barbel 13,42%.Kata Kunci: Latihan bench press, motivasi, kemampuan tolak peluru. THE EFFECT OF BENCH PRESS EXERCISE AND MOTIVATION ON THE SHOT PUT ABILITIES AbstractThis research aims to determine: (1) The difference of the effect of bench press exercise using a barbell and bench press exercise using a medicine ball on the shot put ability. (2) The difference of the effect of high motivation and low motivation to shot put ability, and (3) Interaction between the bench press exercise and motivation to shot put ability. The research sample of 16 students were taken by purposive sampling technique. Data analysis technique used in this research was two tracks of varian analysis (called ANAVA) on significant rate α = 0.05. The result shows that: (1) There is a significant difference between exercises barbell bench press and medicine ball to the shot-put capability. Medicine ball has a greater influence than the barbell, (2) There is a significant difference between high and low motivation on the ability of shot put. High motivation to have a greater influence than the low motivation, and (3) There is an interaction between the bench press exercise methods and motivation to shot-proven capability. The highest effectiveness was in the group of students with low motivation given exercises using medicine ball with an average increase of 33.92%, followed by a high motivation to exercise using a medicine ball 22.61%, higher motivation to exercise using a barbell 20.03% , and low motivation to exercise using a barbell 13.42%.Keywords: Bench press exercise, motivation, ability to shot put.


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