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Idiosyncratic tail risk and stock return in Indonesia Iyvon Herliawan; Sung Suk Kim; Kie Van Ivanky Saputra; Ferry Vincenttius Ferdinand
Jurnal Keuangan dan Perbankan Vol 24, No 2 (2020): April 2020
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v24i2.4083

Abstract

Idiosyncratic tail risk explains the financial crisis which happened due to idiosyncratic risk. It could also be used as a factor for asset pricing, making it necessary to be further studied since it could help protect investors from extreme incidents that could bring loss. We investigate the effect of idiosyncratic tail risk to the stock return in Indonesia. The data of daily stock price of 662 public companies in Indonesia that was registered in Indonesia stock exchange (IDX) are used during the period of 2006-2018. We include the firms that have at least 10 trading days in a month for providing enough observation to determine tail index to get idiosyncratic tail risk. First of all we using portfolio approach to find the effect of tail risks to the stock return is used. The results show that idiosyncratic tail risk has negative effects on the stock return in portfolio level. However, idiosyncratic tail risk does not have effects on stock return in individual firm level.JEL Classification: G12, G23 How to Cite:Murningsih, S., Firdaus, M., Purwanto, B. (2020). Factors influencing Indonesian rural banks’ credit disbursement. Jurnal Keuangan dan Perbankan, 24(2), 241-251.DOI: https://doi.org/10.26905/jkdp.v24i2.3778
Cluster-based water level patterns detection Friska Natalia Ferdinand; Yustinus Soelistio; Ferry Vincenttius Ferdinand; I Made Murwantara
TELKOMNIKA (Telecommunication Computing Electronics and Control) Vol 17, No 3: June 2019
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/telkomnika.v17i3.11774

Abstract

Indonesian Disaster Data and Information in 2016 showed that flood has reached a soaring 32.2% overall. In one of the common flood region (2016), Tangerang, the flood had impacted 30,949, and destroys more than 400 residentials. In spite of this dreadful fact, Tangerang has no systematically ways of detecting the flood patterns. Therefore, there is urgency for a system that is able to detect potential flood risks in Tangerang. This study explores a mean to systematically find flood patterns in Tangerang and attempt to visualize the risks based on 11 years of data on four major river stations within Tangerang vicinity. All the data obtained from Ciliwung Cisadane River Basin Center (BBWS) between 2009 until 2017 with total data of 368,184 rows. This study proposes an interactive dashboard based on the water level data covering rivers of Angke, Pesanggrahan, and Cisadane. Three clustering methods are implemented, the K-Medoids, DBScan, and x-means, to segregate the water level data, taken from four stations obtained from Ciliwung Cisadane River Basin Center (BBWS), into meaningfull periodic flood patterns. The output of this research is an interactive dashboard created based on the newly found patterns. The dashboard is designed to be simple and easy to use for non-technical persons. We believe that the output of this research could be implemented into the decision-making process taken by the Ciliwung Cisadane River Basin Center (BBWS) in order to improve countermeasure attempts on the potentially flooded areas.
Penerapan Sistem Imunisasi pada Puskesmas di Desa Lengkongkulon (Puskesmas Pagedangan) Friska Natalia; Ririn Ikana Desanti; Ferry Vincenttius Ferdinand
Prosiding Konferensi Nasional Pengabdian Kepada Masyarakat dan Corporate Social Responsibility (PKM-CSR) Vol 2 (2019): Peran Perguruan Tinggi dan Dunia Usaha dalam Mempersiapkan Masyarakat Menghadapi Era I
Publisher : Asosiasi Sinergi Pengabdi dan Pemberdaya Indonesia (ASPPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (324.671 KB) | DOI: 10.37695/pkmcsr.v2i0.412

Abstract

Pemerintah Indonesia telah menggiatkan upaya untuk memenuhi target Imunisasi Dasar Lengkap (IDL) di Indonesia. Salah satu upaya yang dijalankan yaitu penyuluhan kepada para ibu untuk mengedukasi mereka apa pentingnya imunisasi kepada bayi, sehingga dapat mendorong para ibu untuk membawa anaknya mendapatkan imunisasi, terutama 5 Imunisasi Dasar Lengkap. Kementrian Kesehatan Indonesia juga mengupayakan untuk menjamin akses pelayanan di daerah yang sulit dijangkau dengan cara bekerja sama dengan lintas sektor lainnya, menjamin ketersediaan vaksin, dan pelatihan kepada petugas kesehatan. Urgensi permasalahan prioritas merupakan salah satu bentuk Upaya Kesehatan Bersumber Daya Masyarakat (UKBM) yang dikelola dan diselenggarakan dari, oleh, untuk dan bersama masyarakat dalam penyelenggaraan pembangunan kesehatan, guna memberdayakan masyarakat dan memberikan kemudahan kepada masyarakat dalam memperoleh pelayanan kesehatan dasar untuk mempercepat penurunan angka kematian bayi dan balita. Objek yang akan diambil adalah Desa Lengkong Kulon, lokasinya di pesisir sungai cisadane, Desa Lengkong Kulon Kecamatan Pagedangan - Kabupaten Tangerang. Permasalahan yang terjadi adalah puskesmas pagedangan di Desa Lengkong Kulon ini belum memiliki sistem imunisasi online sebagai fasilitas kesehatan berbasis web yang dapat mengingatkan para ibu untuk mengimunisasi anaknya tepat waktu. Selain itu proses penyebaran informasi mengenai ketersediaan vaksin di Puskesmas masih belum tersistem dan penghitungan stok yang dibutuhkan masih menggunakan perkiraan secara manual. Program penerapan sistem imunisasi pada puskesmas pagedangan ini bertujuan untuk menerapkan sistem imunisasi online berbasis web yang dapat membantu para bayi mendapatkan imunisasi secara tepat waktu dengan cara mengirimkan pengingat (reminder) kepada pihak Puskesmas dan pihak ibu, sehingga kedua pihak tersebut dapat mempersiapkan hal-hal yang diperlukan untuk memenuhi imunisasi, terutama Imunisasi Dasar Lengkap. Selain itu sistem imunisasi ini juga dapat membantu Puskesmas mempersiapkan vaksin yang akan dibutuhkan pada waktu tertentu. Kegiatan akan dilakukan pada beberapa tahap meliputi (1) survey lokasi; (2) persiapan lokasi; (3) pengadaan sarana dan prasarana; (4) perekrutan peserta dan asisten trainer; (5) perekrutan koordinator lapangan; (6) pelaksanaan pengabdian (pelatihan, produksi, promosi dan distribusi); (7) evaluasi hasil produksi, promosi dan distribusi; dan (8) penulisan laporan PKM.
Analyzing The Effect Of BRICS On The Economic Growth Of Its Member Shannen Surya Wibisono; Gabriella Grace Tanubrata; Ferry Vincenttius Ferdinand
Jurnal SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi) Vol 6, No 3 (2023): Jurnal SEKURITAS
Publisher : Prodi Manajemen Universitas Pamulang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/skt.v6i3.30451

Abstract

This study aims to analyze the effect of BRICS membership on the economic growth of its countries, specifically its impact on GDP growth rate and international trade. This study uses data on the GDP growth rate, exports, and imports from 1997 to 2021 for BRIC countries and from 2001 to 2021 for South Africa. In addition, this study also used descriptive statistical analysis methods and Wilcoxon signed rank statistical test to see the significance of differences before and after member countries joined the BRICS. However, the analysis shows that not all BRICS member countries have significant differences in terms of GDP growth rate, exports, and imports. This divergence is due to several influencing factors, such as economic crises, wars, or conflicts. Thus, this research will provide a better understanding regarding the influence and effectiveness of the BRICS economic cooperation. 
ANALISIS KEADAAN PEREKONOMIAN PRA OLIMPIADE DAN PASCA OLIMPIADE Ferry Vincenttius Ferdinand; Timothy Sean Muliadiredja; Jonathan Christian
JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi). Vol 10 No 2 (2023): JMBI UNSRAT Volume 10 Nomor 2
Publisher : FEB Universitas Sam Ratulangi Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/jmbi.v10i2.49943

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Abstract. Being the host of the Olympics is an honor in itself. Because by hosting the Olympics it is hoped that it will have a good impact on the country's economy. Many countries in the world are competing to host the Olympics, and indeed the results of several countries do have an impact on the country's economy. With this data, it was also found that there were very significant changes in the economies of countries that hosted the Olympics, such as Bei Jing and Brazil. By using benchmarks based on GDP Growth, Unemployment and Foreign Direct Investment, it is expected to be able to answer the economic growth of each country that is hosting the Olympics.
HUBUNGAN ANTARA CLASSROOM ENVIRONMENT, TEACHER-STUDENT INTERPERSONAL BEHAVIOR, SERTA PRESTASI BELAJAR MAHASISWA PROGRAM STUDI MATEMATIKA [THE RELATIONSHIP BETWEEN THE CLASSROOM ENVIRONMENT AND TEACHER-STUDENT INTERPERSONAL BEHAVIOR ON THE LEARNING ACHIEVEMENT OF MATHEMATICS DEPARTMENT STUDENTS] Ferdinand, Ferry Vincenttius; Lukas, Samuel
JOHME: Journal of Holistic Mathematics Education Vol 3, No 2 (2020): JUNE
Publisher : Universitas Pelita Harapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19166/johme.v3i2.2388

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Improving learning achievement is an activity that needs to be continuously carried out by an educational institution, and it is necessary to focus on certain areas because of the many things that affect learning achievement. This study focused on the area of the classroom environment and teacher-student interpersonal behavior to see the relationship between each variable with learning achievement, and the relationship between the two variables.  By using a sample of 160 X-university students majoring in mathematics and then using the Chi-Square test method with a contingency table to determine the relationship between each variable and learning achievement. Then using the  Pearson correlation method the relationship between classroom environment with the teacher-student interpersonal behavior was tested. Based on the analysis and calculation of the research conducted, it can be concluded that the classroom environment has a good relationship with learning achievement in the mathematics major and general subjects. Whereas the teacher-student interpersonal behavior shows a positive relationship with learning achievement in the dimensions of leadership, understanding, and friendly/helping but a  negative relationship in the dimensions of strictness and disatisfaction. In the mathematics major, the dimensions of uncertainty and admonishing are negatively related to learning achievement, but not for general subjects.BAHASA INDONESIA ABSTRACT: Meningkatkan prestasi belajar merupakan kegiatan yang masih terus dilakukan dan berkembang, sehingga diperlukan fokus pada area tertentu. Penelitian ini terfokus pada area classroom environment dan teacher-student interpersonal behavior untuk melihat hubungan antara masing-masing variabel dengan prestasi belajar, dan hubungan antara kedua variabel. Penulis mengambil 160 sampel mahasiswa program studi matematika universitas X, kemudian menggunakan metode uji Chi-Square dengan tabel kontingensi akan dilihat hubungan antara masing-masing variabel dengan prestasi belajar. Lalu akan diuji menggunakan metode korelasi r pearson untuk melihat hubungan antara kedua variabel. Dari hasil analisa dan perhitungan penelitian yang dilakukan, dapat diambil kesimpulan Classroom Environment memiliki hubungan dengan prestasi belajar dalam mata kuliah matematika maupun umum. Sedangkan teacher-student interpersonal behavior memperlihatkan hubungan positif dengan prestasi belajar dalam dimensi leadership, understanding, dan friendly/helping serta hubungan negatif dalam dimensi dissatisfied dan strict. Pada mata kuliah matematika, dimensi uncertain dan admonishing berhubungan negatif dengan prestasi belajar, tapi tidak untuk mata kuliah umum.
Sentiment Analysis of User Satisfaction Towards Sales Promotion of Gojek Application Service Using Support Vector Machine (SVM) Haryani, Calandra Alencia; Widjaja, Andree E.; Hery, Hery; Ferdinand, Ferry Vincenttius
ULTIMA InfoSys Vol 14 No 2 (2023): Ultima Infosys : Jurnal Ilmu Sistem Informasi
Publisher : Universitas Multimedia Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31937/si.v14i2.3398

Abstract

Customer satisfaction is a crucial factor for the sustainability of a company, including tech companies like Gojek. This condition exists because customer satisfaction affects the continuation of customers purchasing or reusing the company's services. Promotions or offers are commonly applied strategies by companies to enhance attractiveness among competitors and improve customer satisfaction. Therefore, this research aims to understand customer sentiments towards promotions or offers provided by the Gojek company to develop better promotional strategies by increasing customer satisfaction. The data source for this research comes from user tweets on the social media platform Twitter which has now changed to "X". The method used to determine the sentiment of this data is the support vector machine.
VALUATION OF STOCK VALUE WITH RELATIVE VALUATION AND ABSOLUTE VALUATION APPROACH IN BANKING SECTOR AT LQ 45 PERIOD 2015-2020 Ferdinand, Ferry Vincenttius; Hulu, Edison; Ugut, Gracia Shinta S.; Sembel, Roy
ULTIMA InfoSys Vol 15 No 1 (2024): Ultima Infosys : Jurnal Ilmu Sistem Informasi
Publisher : Universitas Multimedia Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31937/si.v15i1.3410

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Investment in Indonesia during the COVID-19 pandemic increased. One of the significant and good indices in describing the condition of stocks in Indonesia is LQ45. Dlaam LQ45 The largest market capitalists are held by the financial sector Specifically the bank subsector therefore it needs to be further researched regarding these stocks. One of the interesting things is whether these stocks deserve to be considered a good investment instrument. One of the efforts to assess investment instruments is through the valuation stage. The valuation method used there are two, namely relative valuation with price to book value benchmarks and price earnings ratio and absolute valuation with dividend growth model method and some modifications of the model. From the results obtained, the recommendation of the position of the four financial stocks in LQ45 varies depending on the valuation technique used. On this basis, it can be said that it is important to know, know, and ethically the valuation techniques used are appropriate, good, and correct.
G20 Economic Growth Analysis Using VECM Dominique, Nancy Nikentary; Buntaran, Carmen Ibanez Indrawati; Nurhanifah, Ameilia; Ferdinand, Ferry Vincenttius
Jurnal Ilmu Ekonomi Terapan Vol. 8 No. 2 (2023)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jiet.v8i2.50361

Abstract

This study analyzes the effect of Gross Fixed Capital Formation (GFCF), Imports, Exports, and Government Expenditure of selected G20 member countries on Gross Domestic Product (GDP) using historical data from 1981 to 2021. The detailed analysis aims to explore the relationship between short-term and long-term causality that begins with examining and testing the degree of integration, Unit Root Test, Johansen cointegration test, and causality test. The Vector Error Correction Model (VECM) test results with a 95% confidence interval show that Gross Fixed Capital Formation causes Australia's and South Africa's long-term GDPs to have reached a balance point. In addition, Government Spending also causes the European Union's Gross Domestic Product to achieve a balance point. Imports affect the GDP of the United States, China, and South Africa towards a balance point, and exports affect the GDP of Australia, China, and South Africa. The test results using VECM also conclude that GDP, GFCF, exports, and imports affect GDP growth in the short term. However, on the contrary, on the Australian continent, only GDP, GFCF, and imports which in the previous year had an impact on Australia's GDP in the short term”concluded that differences in government policies in each country in regulating the economy could affect the causal relationship between the independent variable and GDP in the short and long term.
PENGARUH KUALITAS PRODUK DAN HARGA TERHADAP KUALITAS LAYANAN PADA BELANJA ONLINE Suwu, Selvi Esther; Ferdinand, Ferry Vincenttius
Proceeding National Conference Business, Management, and Accounting (NCBMA) 7th National Conference Business, Management, and Accounting
Publisher : Faculty of Economics and Business Universitas Pelita Harapan

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Hadirnya Covid 19 pada akhir tahun 2019 dan terus berlanjut menjadi pandemi dunia mengakibatkan perubahan perilaku pembelian dan penjualan. Orang tidak mudah mendapatkan produk atau jasa yang diinginkan demikian juga dengan berbelanja, akhirnya pilihan pada belanja secara online. Sebenarnya belanja online telah berkembang di Indonesia sekitar tahun 2010 tetapi tidak pesat. Belanja online punya keuntungan seperti tidak adanya batasan ruang dan waktu, bisa belanja kapan dan di mana saja. Pelanggan lebih leluasa namun juga terbatas dengan belanja online, leluasanya yaitu melakukan transaksi kapan saja dan dengan mudah memilih produk atau jasa tanpa harus keluar rumah, terbatasnya yaitu tidak dapat melihat secara kasat mata produk atau jasa yang dibeli. Kualitas produk dan harga dalam belanja online menjadi perhatian pelanggan yang terkait dengan kualitas pelayanan. Berdasarkan hal tersebut maka tujuan dari penelitian ini adalah untuk mengetahui  pengaruh kualitas produk dan harga terhadap kualitas layanan pada belanja online. Penelitian ini menggunakan kuesioner sebagai instrumen penelitian, data diolah dengan Smart PLS dari 150 responden. Hasil yang diperoleh adalah adanya pengaruh kualitas produk terhadap kualitas layanan sebesar 0,341 dan 0,317 pengaruh harga terhadap kualitas layanan pada belanja online.