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Journal : Asia-Pacific Management and Business Application

K-Means Clustering Using Principal Component Analysis (PCA) Indonesia Multi-Finance Industry Performance Before and During Covid-19 Mulyaningsih, Sri; Heikal, Jerry
APMBA (Asia Pacific Management and Business Application) Vol. 11 No. 2 (2022)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2022.011.02.1

Abstract

The cluster analysis within specific industry such as in multi finance indsutries is designed to be a tool for accelerating investment decisions, such as whether to buy, sell, or hold stocks in a way to construct an optimized portfolio. The purpose of the study was to apply cluster analysis on multi-finance stock data listed on the Indonesia Stock Exchange in the years 2019 and 2021, before and during Covid-19, using the PCA (Principal Component Analysis) K-means algorithm. The objective of this study is to classify stocks based on PCAs in order to assist investors in segmenting a multi-finance stocks cluster. The clustering is done on the 16 stocks registered in ISE using two-time windows: 2019 data where Covid-19 has not yet occurred and 2021 data where Covid-19 is still ongoing, and the firm is still in the recovery stage. The cluster analysis results show 12 companies worth investing in because they performed well. There is finding that  company that have unfavorable Covid-19 externalities since this cluster has worsening performance and is thus not advised as a stock investment. Meanwhile, the others company has neutral externalities because it remains in the same cluster in 2019 and 2021.
Co-Authors -, Nova Anggreni . Djumali A. Hiola, Fidyawati Aprianti Aceng Ahmad Rodian Susila Ahmad, Ardha Nurul Ahmad, Zul Fikar Alamri, Luthfia Ali, Rizky Nikmathul Husna Ali, Rizky Nikmathulhusna Alya, Rahma Anastasya, Yolanda Andhika Djalu Sembada Anggreni, Nova Annajmi, Annajmi Arcat, Arcat Arief, Syachrul Arif Budi Setianto Arif Wardana, Muhammad Baba, Abdul Faisal Budi Hariyono Budi Priyono Busro, Djumali dabutar, afif handika De Budi Irwan Taofik Devi, L R Devi, L R Diah Ika Putri Dina Tania DJUMALI DJUMALI, DJUMALI Dwi Indah Purnamawati, Dwi Indah Edhy Sutanta (Jurusan Teknik Informatika IST AKPRIND Yogyakarta) Emilliana Natalia Trisakti Susanti, Maria Endang Darmawan Ery Fatarina Purwaningtyas Euis Erlin Fathoni, Shalsabila Destyari Fatmah Zakaria, Fatmah Fifi Ishak Firsty, Girly Risma Gustiani, Nur Hadi, Mareta Hasan, Nuradnin Hasanuddin, Mentari Heikal, Jerry Herbawati, Herbawati Heri Prabowo Heriyadi, Nur Widi Astanto Agus Tri Hidayah, Radhitya Adzan Hidayati, Fika Hiola, Fidyawati Aprianti A. Husadani, Y T Husadani, Y T Husna Ali, Rizky Nikmathul Husni Mubarak Ichwan Ridwan Rais IGAA. INDRAYANI, IGAA. Iis Wahyuningsih Imam Riadi Indrawati Wilujeng Irawan, S N Irawan, S N Isa, Mohamad Rodi Ishak, Fifi Jussac Maulana Masjhoer Karwanto, Karwanto Katili, Dwi Nur Octaviani Katili, Tressan Eka putri Laila, Wahyu Kumil Leni Sri Mulyani Leny Rauf, Efri Lestari, Taufika Putri Levana Sondakh Lusi Eka Afri Maghfirah, Rahmayani Mahendra, Rendy Surya Manjurungi, Gia Arista Putri Meylina, Meylina Millah, Azzahro Imada Mindhayani, Iva Moch. Saiful Bachri Mufarrihul Hazin MUHAMMAD SHOLEH Muhammad Suyanto, Muhammad Nikmathul Husna Ali, Rizky Nining Sugihartini Nur Amalia, Sofiyanti Nur Handayani Nur Mahdi Nur Rahmawati Nurdin, St Surya Indah Nurdin, St.Surya Indah Nurrahmawati Nusi, Dewanti R Pertiwi, Citra Prakoso, Aditha Agung Pratama, Abdillah Richi Priyanto, Sabda Elisa Rahayu, Hanifah Aulia Rahmandhala, Ilvan Dino RAHMATIKA, MAULA FADHILATA Ranila, Suciati Rauf, Efri Leny Ria Indah Pratami Rohman, Nadya Revania Samuel Kristiyana Sanjoto, Siwi Sapto Yuliani Septina, Norma Dewi Sidiq, Purnomo Siti Fatmawati Fatimah, Siti Fatmawati Suhartono Supratno, Haris Supriyadi, Asep Adang Taufik, De Budi Irwan Teger Basuki Ulayya, Amira Hasnanuha Umar, Siskawati Umboro, P A Vienastra, Septian Widayati, Wiludjeng Wiloso, Danis Agoes Wirono, Maryani Eka Wiwik Handayani Yosef Prihanto, Yosef Yuliandary Yunus Yunengsih, Yuyun