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All Journal HASANUDDIN JOURNAL OF BUSINESS STRATEGY
Suhartono suhartono
Student of Master Management, Faculty of Economics and Business, Hasanuddin University
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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Moon Ingress to Zodiac on Soybean and Corn Price Movement and Their Impact on Feed Stock Prices Suhartono suhartono; Syamsu Alam; Muhammad Toaha
Hasanuddin Journal of Business Strategy Vol 4 No 2 (2022): Hasanuddin Journal of Business Strategy
Publisher : Magister Management, Hasanuddin University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26487/hjbs.v4i2.531

Abstract

The use of astrology in capital market analysis is controversial, despite the many claims through the publication of scientific articles about its effectiveness in the stock market. This study aims to examine the relationship between moon ingress to zodiac with the price of raw material for feed, soybean meal, corn, and stock price movements of feed on the Indonesia Stock Exchange. The design used in this research is a descriptive and explanatory method. The population in this study is 260 daily data on ingress data, corn prices, soybean meal prices, and company stock prices from feed sub-sector manufacturing companies listed on the Indonesia Stock Exchange. The sampling technique in this study uses the saturated sample technique. Data analysis technique using chi-square. The results of this study indicate that there is a significant relationship between moon ingress to zodiac with the prices of raw materials for feed, soybean meal, and corn and the movement of stock prices for feed on the Indonesia Stock Exchange.
Co-Authors Muhammad Toaha Syamsu Alam