Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal JIKA: Jurnal Ilmu Keuangan dan Perbankan
Jannah, Rosidatul
Unknown Affiliation
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Market Anomalies: January Effect and Weekend Effect on Stock Return Jannah, Rosidatul; Hidayat, Nur
Jurnal Ilmu Keuangan dan Perbankan (JIKA) Vol 13 No 2: June 2024
Publisher : Program Studi Keuangan & Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34010/jika.v13i2.12783

Abstract

Every investor will always expect a return from their investment and can take advantage of seasonal or calendar anomalies to get the expected return. Seasonal or calendar anomalies are measured using the January Effect and Weekend Effect to determine the pattern of stock price movements. This study aims to examine the effect of the January Effect and Weekend Effect on stock returns. The population used is the LQ45 index which consists of 45 companies. The sample used was 17 companies selected through the purposive sampling technique. The data analysis method used is descriptive statistical analysis and multiple linear regression models. The results showed that stock returns in January showed a negative value, indicating that the January Effect did not affect stock returns. Stock returns show a positive value on Friday compared to other trading days which indicates the Weekend Effect has an effect on stock returns. Together, the January Effect and Weekend Effect influence LQ45 stock returns on the IDX. Keywords: January Effect; Weekend Effect; Return; Investment; Public Information
Co-Authors Nur Hidayat