ANALISIS PENGARUH JANUARI EFEK TERHADAP TINGKAT PENGEMBALIAN SAHAM (STOCK RETURN) DI BURSA EFEK JAKARTA

  • Hasnawati Sekolah Tinggi Ilmu Ekonomi Swadaya
Keywords: relationship, whereas, capacity

Abstract

ABSTRACT: On the correlation test between stock capacity and stock return in the December period with a correlation value of 0.997 so there is a very strong positive relationship, while in January the correlation value is only -0.0064 thus the value of the relationship can be concluded the Jjanuari period has a relationship between capacity market with stock returns. In the December regression test Y = 206.860 + 0.994X, while in January Y = 0.704 - 0.00184X thus the December regression equation is better when compared to January. The results of processing are supported by the Hypothesis test (t test) for December to produce tcount> ttable. Then (Ha) is accepted, meaning that there is an influence between market capacity and Stock Return in that period, whereas in January the tcount <ttable (Ha) is rejected, thus not there is a relationship between market capacity and stock returns in the period of January 2014-2016, on this basis, what is called the January Effect or January Effect

Published
2019-11-22
How to Cite
Hasnawati. (2019). ANALISIS PENGARUH JANUARI EFEK TERHADAP TINGKAT PENGEMBALIAN SAHAM (STOCK RETURN) DI BURSA EFEK JAKARTA. Cakrawala Ekonomi Dan Keuangan, 2(1), 7. Retrieved from https://jurnal.stie-swadaya.ac.id/ojs/index.php/Cakrawala-Ekonomi-dan-Keuangan/article/view/33