ANALISIS EFISIENSI PASAR MODAL KONVENSIONAL BENTUK LEMAH DI BURSA EFEK INDONESIA PERIODE 2014-2015

Authors

  • Ade Lisa Istifarida Universitas Ahmad Dahlan
  • Salamatun Asakdiyah Universitas Ahmad Dahlan

DOI:

https://doi.org/10.12928/fokus.v7i2.1738

Keywords:

LQ-45, Conventional Capital Market, Weak Form, Run Test

Abstract

The purpose of this study is to determine efficiency in a weak form conventional capital market in Indonesia using stock price data weekly in the 2014-2015 period. Techniques in testing market efficiency forms. This weakness uses a purposive sampling technique as well as a method for data collection using the documentation method. Obtained 36 companies which is included in the LQ-45 index which is used as a research sample. Testing the hypothesis of a weak form of capital market efficiency using the run test test. The results of this study, that the conventional capital market is efficient in a weak form using stock price information for the period research. It is proven by 33 shares (91.7%) moving randomly (random) and 3 shares (8.3%) move non-randomly (not randomly). Then it can be concluded that the conventional capital market is efficient in its form weak.

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Published

2020-02-13

How to Cite

Istifarida, A. L., & Asakdiyah, S. (2020). ANALISIS EFISIENSI PASAR MODAL KONVENSIONAL BENTUK LEMAH DI BURSA EFEK INDONESIA PERIODE 2014-2015. Jurnal Fokus Manajemen Bisnis, 7(2), 101–108. https://doi.org/10.12928/fokus.v7i2.1738

Issue

Vol. 7 No. 2 (2017)

Section

Articles

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