PENGUJIAN STRATEGI KONTRARIAN PADA SAHAM-SAHAM LOSERS YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2017
Daftar Isi:
- The study aims to test the profitability of the contrarian strategy on the losers stocks listed on the Indonesia Stock Exchange period 2013-2017. The sampling method used is the purposive sampling method, by specifying several predefined criteria then the number of samples is 93 shares losers. The data used is secondary data obtained from the Indonesia Stock Exchange (IDX). The results of this study indicate that (1) Return of losers shares has a negative value that means return resulting in the form of loss, (2) Stocks losers have a reversal, (3) Abnormal return averages are undergoing reversal, (4) Average Treynor ratio undergoes reversal. Overall, this research indicates the indication of reversal even though its value remains negative meaning that losers stocks continue to result in losses. This research has a conclusion that in the short-term contrarian strategy is less profitable when applied on the Indonesia stock Exchange. Keywords: Contrarian Strategy, Stocks Losers, Return, Abnormal Return, Treynor Ratio