Equity Analysis in Buying Company Shares on the Philippine Stock Exchange

Objective - Less than 1% of the population in the Philippines has invested in the stock market (PSE, 2016). The Philippine Stock Exchange (PSE) has been in operation since 1927 and is one of the oldest in the Asia Pacific. The primary objective of this research is to examine the investing techniques of online users using technical and fundamental analysis. Methodology/Technique - A chi-square test is used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories. The research probes the relationship of the demographic profiles of respondents and their investment behavior using the Friedman's test. Findings - The descriptive statistics show the frequency counts of 418 observations and the corresponding chi-square test for the distribution-free data. The analysis of variance by ranks was used to reflect the Friedman test for the hierarchy of perception of the respondents per given variable. The chi-square test (χ2 (df = 4, ρ = 0.001) = 53.603) shows that actual observations on the relative valuation (86, 48, 130, 99, and 55) is significantly different from a uniform fit of 84 observations at 4 degrees of freedom and 5% level of significance. Novelty – Hence, the study concluded that investors prefer a relative valuation equity selection strategy using fundamental analysis. Furthermore, the study concludes that the moving average (36, 11, 80, 95 and 196) is preferred by investors using technical analysis. Type of Paper - Empirical. Keywords: Fundamental Analysis; Technical Analysis; Investment Behavior; Philippine Stock Exchange; Relative Valuation; Moving Average. JEL Classification: G10, G14, G19.

Download Full-text

Faktor Yang Berhubungan Dengan Kinerja Tenaga Kesehatan Di Rawat INAP RSUD Batusangkar

Jurnal Endurance ◽

10.22216/jen.v3i3.3005 ◽

2018 ◽

Vol 3 (3) ◽

pp. 440

Author(s):

Sri Handayani ◽

Puteri Fannya ◽

Putri Nazofah

Keyword(s):

Health Personnel ◽

Poor Performance ◽

Cross Sectional Study ◽

The Philippines ◽

Bivariate Analysis ◽

Sectional Study ◽

Chi Square ◽

Cross Sectional ◽

Chi Square Test ◽

Master Level

Based on data from the Indonesia Ministry of Health in 2015, In Indonesia, new professional nurses were just 2% of the total nurses. This figure was much lower than the Philippines which has reached 40% with bachelor and master level as their education. The purpose of this study was to determine the relationship between age, and leadership with the performance of health personnel. The design of this research was analytical research with Cross Sectional Study. The population in this study was all nurses and doctors who served in the internal room, children, surgery and midwifery. Sampling using total sampling by questionnaires. The data was processed by univariate and bivariate analysis using Chi-square test. The result showed that 57,8% nurses had poor performance, 56,3% doctors had poor performance, 64,4% nurses had average age 26-35 years, 56,2% doctors had average age 36-45 years, 64.4% nurses have poor leadership, and 50.0% of doctors have less good leadership. There is a relationship between age and leadership with the performance of health personnel. Berdasarkan data kemenkes RI tahun 2015 jumlah tenaga kesehatan terbanyak yaitu perawat sebanyak 147.264 orang (45,65%). Di Indonesia, perawat profesional baru mencapai 2% dari total perawat yang ada. Angka ini jauh lebih rendah dibandingkan dengan Filipina yang sudah mencapai 40% dengan pendidikan strata satu dan dua. Tujuan penelitian ini untuk mengetahui hubungan antara umur, kepemimpinan dengan kinerja tenaga kesehatan. Jenis penelitian yang digunakan adalah desain penelitian analitik dengan Cross Sectional Study. Populasi pada penelitian ini adalah semua perawat dan dokter. Pengambilan sampel dengan menggunakan Total Sampling. Pengambilan data menggunakan kuesioner. Data diolah dengan analisis univariat menggunakan statistik deskriptif dan analisis bivariat menggunakan uji Chi-square. Hasil penelitian didapatkan 57,8% perawat memiliki kinerja kurang baik, 56,3% dokter memiliki kinerja kurang baik, 64,4% perawat memiliki umur rata-rata 26-35 tahun 64,4%, 56,2% dokter memiliki umur rata-rata 36-45 tahun, 64,4% perawat memiliki kepemimpinan kurang baik, 50,0% dokter memiliki kepemimpinan kurang baik. Terdapat hubungan antara umur dan kepemimpinan dengan kinerja tenaga kesehatan.

Download Full-text

PERBEDAAN EARNINGS MANAGEMENTBERDASARKAN UKURAN PERUSAHAAN: STUDI EMPIRIS PADA PERUSAHAAN YANG TERDAFTAR DI BEI

Jurnal Riset Akuntansi dan Keuangan ◽

10.21460/jrak.2010.62.39 ◽

2010 ◽

Vol 6 (2) ◽

pp. 139

Author(s):

Fensy Oktavia Komala

Keyword(s):

Earnings Management ◽

Stock Exchange ◽

Discretionary Accruals ◽

Company Size ◽

Management Behavior ◽

Chi Square ◽

Chi Square Test

The purpose of this reseacrh is to investigate Earnings management differences accross companies according to its size. Previous researches show company size tend to affect earnings management behavior. Sample are collected from companies listed on Indonesian Stock Exchange year over 2003-2009. Using Chi-Square Test, the result shows that statistically there is no differences of Earnings management magnitude between small, medium and large companies. Keywords: Earnings Management, Discretionary Accruals, Non Discretionary Acruals, Total Accruals.

Download Full-text

Fundamental Analysis Vs Technical Analysis in The Egyptian Stock Exchange Empirical Study

Third International Conference on Advances in Economics, Management and Social Study - EMS 2015 ◽

10.15224/978-1-63248-058-3-58 ◽

2015 ◽

Cited By ~ 1

Author(s):

ADEL MABROUK ◽

AHMED S ◽

HASSAN HASSAN

Keyword(s):

Empirical Study ◽

Stock Exchange ◽

Technical Analysis ◽

Fundamental Analysis ◽

Egyptian Stock Exchange

Download Full-text

Effectiveness of Technical Analysis Signals Around the Earning Announcements in Malaysian Stock Market

International Journal of Engineering & Technology ◽

10.14419/ijet.v7i3.21.17104 ◽

2018 ◽

Vol 7 (3.21) ◽

pp. 109

Author(s):

Kelvin Lee Yong Ming ◽

Mohamad Jais

Keyword(s):

Stock Market ◽

Stock Exchange ◽

Moving Average ◽

Technical Analysis ◽

Relative Strength ◽

Kuala Lumpur ◽

Earning Announcement ◽

Strength Index ◽

Corporate Announcements ◽

Technical Indicator

Technical analysis is an analysis that widely applied by the investor in the stock market. However, various corporate announcements could cause the market to react, and the most significant corporate announcement is the earnings announcement (1). Thus, this study examines the effectiveness of technical analysis signals around the earning announcements dates in Malaysian stock market. In doing so, this study applied and tested four technical indicators, namely Simple Moving Average (SMA), Relative Strength Index (RSI), Stochastic (K line), and Moving Average Convergence/Divergence (MACD) in Malaysian stock market. The sample of this study consisted of 30 largest capitalization companies from the main market of Kuala Lumpur Stock Exchange (KLSE). Meanwhile, the sample period covered from 2nd January 2014 to 31st March 2016. This study found that Moving Average Convergence/Divergence (MACD) significantly produced higher returns as compared to the other technical indicator before the earning announcement dates in financial year 2014 and 2015. The combined indicator of MA-MACD also found to have higher return in financial year 2015. The findings conclude that the technical analysis signals can be used to generate returns before earning announcement dates.

Download Full-text

Hubungan pijat oksitosin terhadap kelancaran produksi asi ibu post partum

Jurnal Kebidanan dan Keperawatan Aisyiyah ◽

10.31101/jkk.310 ◽

2020 ◽

Vol 12 (2) ◽

pp. 193-197

Author(s):

Tuti Meihartati

Keyword(s):

Breast Milk ◽

Milk Production ◽

Post Partum ◽

Technical Analysis ◽

Test Results ◽

Chi Square ◽

Cross Sectional ◽

Breast Milk Production ◽

Chi Square Test

Abstract: The purpose of this study was to determine the relationshipbetween massage breast milk production smoothness of oxytocin onpostpartum mother in BPM Ema Triana, Tanah Bumbu district. This typeof research is analytic survey with cross sectional approach. Number ofsamples of post partum mothers in this study was 36. The sampling techniqueused is Non Probability. Technical analysis using chi-square test with 0.05.Analysis Chi-Square test results obtained significant correlation betweenoxytocin massage (P = 0.001) with the breast milk production smoothnesspost partum. The conclusion from this study is there is a relationshipbetween oxytocin massage on postpartum breast milk production.

Download Full-text

Implementation of dangerous drugs prevention and control programs in Cebu City

IAMURE International Journal of Social Sciences ◽

10.7718/ijss.v14i1.1032 ◽

2015 ◽

Vol 14 (1) ◽

Author(s):

Shella Debbie N. Contridas ◽

Dodelon F. Sabijon ◽

Jasmin T. Bayron ◽

Esmeraldo E. Damuag ◽

Donn A. Oberes

Keyword(s):

Law Enforcement ◽

Prevention And Control ◽

The Philippines ◽

Chi Square ◽

Control Programs ◽

The North ◽

Chi Square Test ◽

Correlational Method ◽

National Police ◽

And Control

Dangerous drugs cause side effects to users for they are not a 100% safe as many people think. The dangers of drug use depend on the drug, set and setting factors. This study assessed the implementation of the drugs prevention and control programs of the Philippine National Police (PNP) and auxiliary members in the selected villages of Cebu City, the Philippines of the year 2014. The descriptive correlational method of research was used. The study employed researchers-made questionnaire using convenient sampling method in gathering information from the respondents. The accumulated data were treated using simple percentage, weighted mean, rank, and Chi-square test of independence. The respondents were the 320-barangay officials from selected barangays in the north and south districts of Cebu City and 40 police personnel in each police station that has jurisdiction over the selected barangays in the City of Cebu. The study revealed that most of the respondents are from ages 34-41, males, and are married. The level of implementation in both educational and rehabilitation approaches shows that the respondents are implementing the programs. The law enforcement approach revealed that the respondents are fully implementing the programs. The most common problems encountered are the lack of regular funding, lack of cooperation from the community, and lack of facilities for an individual program. It was concluded that law enforcement approach was implemented in the prevention and control of the dangerous drugs in Cebu City, Philippines. Keywords-Criminal Justice, dangerous drugs, descriptive correlational method, Philippines

Download Full-text

The Profitability of the Strategy Linking Fundamental, Portfolio and Technical Analysis on the Polish Capital Market

Folia Oeconomica Stetinensia ◽

10.1515/foli-2016-0008 ◽

2016 ◽

Vol 16 (1) ◽

pp. 113-146 ◽

Cited By ~ 1

Author(s):

Marcin Flotyński

Keyword(s):

Regression Model ◽

Capital Market ◽

Quantitative Methods ◽

Financial Analysis ◽

Stock Exchange ◽

Moving Average ◽

Technical Analysis ◽

Relative Strength ◽

Concurrent Use ◽

Warsaw Stock Exchange

Abstract In the article, several methods of taking investment decisions are described: a fundamental, portfolio, and technical analysis. They constitute different approaches which are convenient for different types of investors with various expectations and time horizons of their investments. The simultaneous combination of these three analyses is not popular. The aim of this study is to test the effectiveness of simultaneous use of a fundamental analysis, portfolio analysis, and technical analysis for shares quoted on the Warsaw Stock Exchange (WSE) in 2000–2007. The research hypothesis is advanced that the concurrent-linked application of a fundamental, portfolio, and technical analysis brings better results than the separate use of these analyses. Models of capital market, such as CAPM and APT, have been used, as well as P/E ratio, Return on Equity (RoE), Relative Strength Index (RSI), and Exponential Moving Average (EMA). The combination of a financial analysis, technical indicators, and models of the capital market in order to invest on the stock exchange is author’s own method. In general, the survey has been carried out on the grounds of quantitative methods (financial analysis, regression model, and multi regression model) and a comparative analysis. The results of the research have been used to create diversified portfolios on the WSE. It occurs that the concurrent use of the three analyses brings the highest rate of return of a portfolio.

Download Full-text

PENGARUH FAKTOR-FAKTOR INTERNAL PERUSAHAAN TERHADAP INCOME SMOOTHING

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v6i1.906 ◽

2006 ◽

Vol 6 (1) ◽

pp. 75

Author(s):

Etty M. Nasser ◽

Tobia Parulian

Keyword(s):

Logistic Regression ◽

Stock Exchange ◽

Income Smoothing ◽

The Other ◽

Chi Square ◽

Internal Factors ◽

Industrial Sectors ◽

Chi Square Test ◽

Operating Leverage ◽

Univariate Test

The objective of this research is to identify the influence of internal factor, such as size, profitability, operating leverage and sectors to the income smoothing practice. And the other objective is to examine the diffrerence between internal factors such as, size, profitability, operating leverage, industrial sectors from companies's income smoothing practice and the other companies's income smoothing practice. This research examine 47 companies listed in Jakarta Stock Exchange and issues ana dited finanacial statement since 2002-2004. The statistical methods used to test the hypothesis are univariate test, such as one-sample mogorov-Smimov test, Mann-Whitney test, Chi- Square Test, and ultivariate test that is Logistic Regression. To calculate the income smoothing used Eckel indexs. The result of the univariate test showed that industrial sectors and profitability between companies's income smoothing practice and the other companies's income smoothing practice has significantly differences. The multivariate test with logistic regression give result that only profitability have significant influence to income smoothing practice.keywords : Income smoothing, size, profitability, operating leverage, and industrial sectors.

Download Full-text

INFLUENCE KNOWLEDGE LEVEL FUNDAMENTAL ANALYSIS AND TECHNICAL ANALYSIS ON CONTINUITY OF INVESTING IN SHARIA STOCKS IN SHARIA INVESTMENT GALLERY INDONESIA STOCK EXCHANGE STATE INSTITUTE OF ISLAMIC RELIGION KERINCI

TRANSFORMATIF ◽

10.23971/tf.v4i2.2040 ◽

2021 ◽

Vol 4 (2) ◽

pp. 121-142

Author(s):

Abi Suar Alizar Suar ◽

Meirison Meirison Meirison

Keyword(s):

Capital Market ◽

Research Method ◽

Stock Exchange ◽

Technical Analysis ◽

Quantitative Approach ◽

Fundamental Analysis ◽

Knowledge Level ◽

State Institute ◽

Islamic Religion ◽

Level Of Knowledge

Once the prospection of sharia trading in the capital market must be supported with a level of knowledge in analyzing the stocks that will be traded. Therefore there is an in-depth knowledge of the analysis of sharia stocks before making transactions on the sharia capital market and needed a deepening of understanding on fundamental and technical analysis to achieve optimal profit in the purchase or sale of Sharia stocks. This research aims to determine the influence of the knowledge level of fundamental analysis in the Continuity of investing in sharia stocks. Influence the level of technical analysis in the continuation of Continuity to invest in sharia stocks and the effect of the knowledge level of fundamental and technical analysis simultaneously on the Continuity of investing in sharia stocks. The research method used in this research is to use a quantitative approach. The result of the study was on a partial (independent) fundamental analysis level (X1) test for the variable Continuity of investing (Y). The influence of Knowledge level technical analysis (X2) partially against the Continuity of investing (Y), both get the result of a tcount < Ttable, OR a significant > 0.05. Zero hypotheses (H0) received, and an alternate hypothesis (HA) is rejected, which means variable X does Not affect the variable Y. Similar results are also obtained From simultaneous calculations (together).

Download Full-text

Preference of Students on the Format of Options in a Multiple-Choice Test

International Journal of Evaluation and Research in Education (IJERE) ◽

10.11591/ijere.v5i4.5956 ◽

2016 ◽

Vol 5 (4) ◽

pp. 292

Author(s):

Voltaire Quiza Oyzon ◽

Hermabeth O. Bendulo ◽

Erlinda D. Tibus ◽

Rhodora A. Bande ◽

Myrna L. Macalinao

Keyword(s):

Multiple Choice ◽

The Philippines ◽

Choice Test ◽

State University ◽

Multiple Choice Test ◽

Chi Square ◽

Test Items ◽

Chi Square Test ◽

Letter Case ◽

The One

Schools in the Philippines, especially those that are offering teacher education programs, are advised to construct examinations that are Licensure Examination for Teachers (LET)-like test items. This is because “if any aspect of a test is unfamiliar to candidates, they are likely to perform less well than they would do otherwise on subsequently taking a parallel version, for example.” Using the education students of Leyte Normal University, Southern Leyte State University-Tomas Oppus Campus, and Visayas State University, this study determined the students’ preference on the arrangements/format of options in a multiple-choice test through a survey questionnaire. Moreover, it tried to find out the reasons behind the preferences. Mean, frequency and Chi-square tests were used in the analysis of data. Results revealed that the cascading arrangement is the most preferred arrangement of options and the one-line horizontal arrangement is the least preferred arrangement of options in a multiple-choice test. The reasons identified were organized and easy to read, less confusing and easier to distinguish and vertically arranged thus require less eye movement. Moreover, the reasons for the lower case preference were it is usual and commonly used in a multiple-choice test, clear and gives less eye and mental pressure and easier to read and write.And lastly, the relationship between the students’ preference of the arrangement of options in a multiplechoice test and the letter case options were tested using the Chi-square test. Hence, it is argued that in constructing a multiple-choice test, one has to consider using the cascading arrangement.

Download Full-text