THE ANOMALY OF FUNDAMENTAL,TECHNICAL, AND RISK FACTORS, AND THE RELATIONS TO STOCK INDICES AND CAPITAL GAINS AT INDONESIA STOCK EXCHANGE

MUHAMMAD ANHAR, MUHAMMAD ANHAR (2015) THE ANOMALY OF FUNDAMENTAL,TECHNICAL, AND RISK FACTORS, AND THE RELATIONS TO STOCK INDICES AND CAPITAL GAINS AT INDONESIA STOCK EXCHANGE. International Journal of Applied Business and Economic Research, 13 (7). pp. 5221-5236. ISSN 0972-7302

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Abstract

The research objectives is to prove empirically and get overview of the interrelation among the fundamental, technical and risk factors of stocks; and the correlation of each factor to next period index and capital gain of stocks. The research was designed as an associative research to determine the relationship anomaly among the factors. The variables are Intrinsic Value, Price Index Trend, Capital Gain Trend, Total Risk, and Systematic Risk of stocks at the end of May 2014, as well as the Price Index and Capital Gain at the end of Jun 2014. The population are 425 stocks listed in Indonesia Stock Exchange at June 2014, while the sample are 110 stocks that are determined using the Slovin formula. Correlation analysis and t test hypothesis testing were used in this research. The results are : (1) there are interrelationsanomaly among fundamental, technical, and risk factors of stocks at Indonesia Stock Exchange, (2) fundamental and risk factors can not be prediction basis of the future index and capital gain, (3) index trend as one of indicators of technical factor can be prediction basis of the future index, but it can not be prediction basis of the future capital gain.

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 16:53
Last Modified:	05 Feb 2022 16:53
URI:	http://repository.stei.ac.id/id/eprint/6974

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