UI - Tesis Membership :: Kembali

UI - Tesis Membership :: Kembali

Studi pengujian strategi investasi berdasarkan EPS growth pada pasar saham Indonesia periode Januari 2008 September 2014 = Study of investment strategy based on eps growth in Indonesian stock market period January 2008 September 2014

Jeconiah Hashfi Baronna; Irwan Adi Ekaputra, supervisor; Cynthia Afriani, examiner; Dewa Hanggraeni, examiner ([Publisher not identified] , [2015;2015;2015;2015, 2015])

 Abstrak

[ABSTRAK
Penelitian ini membahas underreaction akibat bias konservatisme dan
overreaction akibat representativeness heuristic terhadap informasi earning
selama periode 2008-September 2014 pada Bursa Efek Indonesia. Metoda yang
digunakan adalah menguji strategi membeli saham dengan pertumbuhan EPS
tinggi dimasa lalu dan menjual saham dengan pertumbuhan EPS yang rendah ,
untuk periode: 4, 8, 12 kuartal dengan masa kepemilikan 3,6, 9, 12 bulan.
Hasilnya menunjukkan bahwa ke 12 strategi tersebut tidak menghasilkan
abnormal return positif secara statistik, bahkan satu strategi menghasilkan
abnormal return negatif yang signifikan, yang mengindikasikan adanya
representativeness heuristic.

ABSTRACT
This study discusses underreaction stemming from the conservatism bias and
overreaction due to the representativeness heuristic for earnings information
during the period 2008-September 2014 on the Indonesia Stock Exchange. The
method is examines trading strategies of buying past high EPS growth of stocks
and selling past low EPS growth of stock, over 4, 8, 12 quarters with the holding
period of 3.6, 9, 12 months. The results showed that all 12 of these strategies did
not produce a statistically significant positive abnormal return, even one strategy
generates significant negative abnormal returns, which indicate the presence of
representativeness heuristic.;This study discusses underreaction stemming from the conservatism bias and
overreaction due to the representativeness heuristic for earnings information
during the period 2008-September 2014 on the Indonesia Stock Exchange. The
method is examines trading strategies of buying past high EPS growth of stocks
and selling past low EPS growth of stock, over 4, 8, 12 quarters with the holding
period of 3.6, 9, 12 months. The results showed that all 12 of these strategies did
not produce a statistically significant positive abnormal return, even one strategy
generates significant negative abnormal returns, which indicate the presence of
representativeness heuristic.;This study discusses underreaction stemming from the conservatism bias and
overreaction due to the representativeness heuristic for earnings information
during the period 2008-September 2014 on the Indonesia Stock Exchange. The
method is examines trading strategies of buying past high EPS growth of stocks
and selling past low EPS growth of stock, over 4, 8, 12 quarters with the holding
period of 3.6, 9, 12 months. The results showed that all 12 of these strategies did
not produce a statistically significant positive abnormal return, even one strategy
generates significant negative abnormal returns, which indicate the presence of
representativeness heuristic., This study discusses underreaction stemming from the conservatism bias and
overreaction due to the representativeness heuristic for earnings information
during the period 2008-September 2014 on the Indonesia Stock Exchange. The
method is examines trading strategies of buying past high EPS growth of stocks
and selling past low EPS growth of stock, over 4, 8, 12 quarters with the holding
period of 3.6, 9, 12 months. The results showed that all 12 of these strategies did
not produce a statistically significant positive abnormal return, even one strategy
generates significant negative abnormal returns, which indicate the presence of
representativeness heuristic.]

 File Digital: 1

Shelf
 T-Jeconiah Hashfi Baronna.pdf :: Unduh

LOGIN required

 Metadata

Jenis Koleksi : UI - Tesis Membership
No. Panggil : T-Pdf
Entri utama-Nama orang :
Entri tambahan-Nama orang :
Entri tambahan-Nama badan :
Program Studi :
Subjek :
Penerbitan : [Place of publication not identified]: [Publisher not identified], [2015;2015;2015;2015, 2015]
Bahasa : ind
Sumber Pengatalogan : LibUI ind rda
Tipe Konten : text
Tipe Media : computer
Tipe Carrier : online resource
Deskripsi Fisik : xvi, 96 pages. : illustration. ; 28 cm. + appendix.
Naskah Ringkas :
Lembaga Pemilik : Universitas Indonesia
Lokasi : Perpustakaan UI, Lantai 3
  • Ketersediaan
  • Ulasan
  • Sampul
No. Panggil No. Barkod Ketersediaan
T-Pdf 15-18-727573165 TERSEDIA
Ulasan:
Tidak ada ulasan pada koleksi ini: 20404191
Cover