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Journal : Jurnal Mandiri IT

Prediction of Bank Central Asia stock prices after dividend distribution using ARIMA method Surorejo, Sarif; Sulthon, Muhammad; Anandianskha, Sawaviyya; Gunawan, Gunawan
Jurnal Mandiri IT Vol. 13 No. 1 (2024): July: Computer Science and Field
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/mandiri.v13i1.294

Abstract

This study explores the prediction of Bank Central Asia (BBCA) stock prices following the annual dividend distribution using the Autoregressive Integrated Moving Average (ARIMA) method. The primary goal is to provide a robust forecasting tool to aid investors and financial analysts in making informed decisions. The research employs a quantitative approach with a quasi-experimental design, analyzing weekly BBCA stock price data from January 2019 to February 2024. The findings demonstrate that the ARIMA (2, 1, 2) model provides stable and reliable predictions of BBCA stock prices, showing slight weekly variations but overall stability. Practically, these predictive models can be integrated into a web-based platform, allowing real-time stock price forecasting and broader accessibility for users. This study contributes to the financial literature by validating the ARIMA model's applicability in the Indonesian stock market and suggesting the exploration of hybrid models and external economic factors for future research.