Analyzing the Direction of the Stock Exchange Cycle
Abstract
This research analyzes the direction of the stock market cycle and looks at the stock market prospects from January 2010 to September 2023. The methodology used in this research is the "decomposition method" and uses daily rate of return data during the research period. The research results show that the changes that occur in one day are greater than the changes that occur in the following days. The stock market is currently likely to experience a decline for the sixth cycle. There is no January effect in BEI but there is a December effect.
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References
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Mubarok, F., & Fadhli, M. M. (2020). Efficient Market Hypothesis and Forecasting in the Industrial Sector on the Indonesia Stock Exchange. Journal of Economics, Business, & Accountancy Ventura, 23(2), 160–168. https://doi.org/10.14414/jebav.v23i2.2240
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Published
2024-01-31
How to Cite
Yulyanah, Y., & Manurung, A. H. (2024). Analyzing the Direction of the Stock Exchange Cycle. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 7(1), 1403-1420. https://doi.org/10.31538/iijse.v7i1.4579
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Articles
Copyright (c) 2024 Yulyanah Yulyanah, Adler Haymans Manurung
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