PENGARUH BULAN PERDAGANGAN TERHADAP RETURN SAHAM PENGUJIAN JANUARY EFFECT DI INDEKS HARGA SAHAM LIQUIDITY 45 (Studi pada perusahaan yang bergerak di bidang keuangan perbankan yang tercatat di LQ45 selama periode 2004-2012)
| Main Authors: | Mardhiyah, Siti, Herawati, Juni |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Fakultas Ekonomi dan Bisnis Universitas Brawijaya
, 2013
|
| Online Access: |
https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/895 https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/895/816 |
Daftar Isi:
- Investors need to be aware of information and other factors that are always changing every second to make a decision about theirstock . This study aimed to investigate the effect of months of trading on stock returns in the banking LQ45 and active during the period 2004-2012 . Some studies reveal that the tendency is always positive returns during the month of January ( January effect ) . But some research suggests that the January effect only occurs in certain stocks and the some countries. Researchmetodeto determine the trend of positive returns each January using descriptive analysis . Descriptive analysis illustrates the average stock return . Proceed with the testing process using the homogeneity test , normality test , and Kruskal Wallis.Uji normality showed that the data were sampled data that does not have a normal distribution , so as to test the hypothesis have touse a non parametrik. Hypothesis testthatusing Kruskal Wallis test showed that there are differences in returns in January with theother months.Keywords : January effect, Return Saham, Bulan Perdagangan,saham perbankan, indeks harga saham LQ45