Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)

Investors often find it difficult to valuate and purchase stocks with good performance that provide optimum yields. Inadequate information regarding how to make good investments is one of the main reasons why people lose interest to invest in capital market. The purpose of this research is to find...

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Main Authors: Andi Desfiandi, Alvin Desfiandi, Hapzi Ali
Format: Article
Language:English
Published: EconJournals 2017-06-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/4841
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author Andi Desfiandi
Alvin Desfiandi
Hapzi Ali
author_facet Andi Desfiandi
Alvin Desfiandi
Hapzi Ali
author_sort Andi Desfiandi
collection DOAJ
description Investors often find it difficult to valuate and purchase stocks with good performance that provide optimum yields. Inadequate information regarding how to make good investments is one of the main reasons why people lose interest to invest in capital market. The purpose of this research is to find a stock performance measurement model by using accounting and financial management system that is made by using the information from stocks turnover ratio and risk level of stocks. This performance measurement model can be an important tool for investors to identify the stock performance factor. Therefore, investors can valuate and purchase stocks with optimum performance and yields. US Dollar (USD)/ Indonesian Rupiah (IDR) rate has significantly negative influence to Indonesian Composite Price Index (IHSG) movement since a depreciation of IDR discourages investors to invest in Indonesia Stock Exchange (IDX). Therefore, the investors divert their investments from stock market to foreign exchange market to arbitrage. Straits Times Index (STI) has significantly positive influence to IHSG since Singapore and Indonesia share common investors that causes the movement of STI is followed by the movement of IHSG. Keywords: Performance, Mutual Funds, Risk Stock JEL Classifications: D53, E44, G2
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spelling doaj.art-d3813634c7084b01834e2e51c0ce2fc12023-02-15T16:20:15ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-0173Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)Andi DesfiandiAlvin DesfiandiHapzi Ali Investors often find it difficult to valuate and purchase stocks with good performance that provide optimum yields. Inadequate information regarding how to make good investments is one of the main reasons why people lose interest to invest in capital market. The purpose of this research is to find a stock performance measurement model by using accounting and financial management system that is made by using the information from stocks turnover ratio and risk level of stocks. This performance measurement model can be an important tool for investors to identify the stock performance factor. Therefore, investors can valuate and purchase stocks with optimum performance and yields. US Dollar (USD)/ Indonesian Rupiah (IDR) rate has significantly negative influence to Indonesian Composite Price Index (IHSG) movement since a depreciation of IDR discourages investors to invest in Indonesia Stock Exchange (IDX). Therefore, the investors divert their investments from stock market to foreign exchange market to arbitrage. Straits Times Index (STI) has significantly positive influence to IHSG since Singapore and Indonesia share common investors that causes the movement of STI is followed by the movement of IHSG. Keywords: Performance, Mutual Funds, Risk Stock JEL Classifications: D53, E44, G2 https://econjournals.com/index.php/ijefi/article/view/4841
spellingShingle Andi Desfiandi
Alvin Desfiandi
Hapzi Ali
Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
International Journal of Economics and Financial Issues
title Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
title_full Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
title_fullStr Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
title_full_unstemmed Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
title_short Composite Stock Price Index (IHSG) Macro Factor in Investment in Stock (Equity Funds)
title_sort composite stock price index ihsg macro factor in investment in stock equity funds
url https://econjournals.com/index.php/ijefi/article/view/4841
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