Unusual Phenomena of the Profit-Return Relationship in Indonesia Sharia Stocks Market

MUHAMMAD ANHAR, MUHAMMAD ANHAR (2020) Unusual Phenomena of the Profit-Return Relationship in Indonesia Sharia Stocks Market. Advances in Economics, Business and Management Research, 132. pp. 57-59. ISSN 2352-5428

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Abstract

This study aims to prove the existence of an unusual phenomenon in the short-term investment market ofSharia stocks in Indonesia in 2018. The usual phenomenon that is in accordance with the fundamental analysis of stock investment is "High profit - high return, low profit - low return". Does this phenomenon exist? An understanding on the rank of the emiten’s profitability and stock investment returns will be useful in the stocks analysis, especially in the analysis phase when potential investors will determine the stocks that will be the object of investment. Data of emiten’s profitability and investment returns of Sharia stocks are taken and processed from the IDX data. Descriptive analysis is carried out to explain the ranking of profitability and investment return. Inferential analysis (Test of Rank Difference) is carried out to test hypotheses about the difference between profitability and return ranking. Research shows the results that profitability rank and return rank are differing. This shows that the phenomenon of "High profit - high return, low profit - low return" does not exist in the short-term investment market of sharia stocks in Indonesia in 2018, or that the unusual phenomenon occurs.

Item Type: Article
Subjects: Z Bibliography. Library Science. Information Resources > Z719 Libraries (General)
Divisions: S1 Manajemen
Depositing User: M. Anhar
Date Deposited: 05 Feb 2022 17:30
Last Modified: 05 Feb 2022 17:30
URI: http://repository.stei.ac.id/id/eprint/6979

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