Capturing the Performance of Indonesian Sharia Stock Index (ISSI) and Composite Share Price Index (IHSG) Jakarta Period 2016-2019

Capturing the Performance of Indonesian Sharia Stock Index (ISSI) and Composite Share Price Index (IHSG) Jakarta Period 2016-2019

This study aims to compare the performance of Indonesia Sharia Stock Index (ISSI) and Composite Share Price Index (IHSG) Jakarta over bullish dan bearish period 2016-2019. This research is descriptive quantitative using natural log and standard deviation calculation. The data retrieved from Financia...

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Bibliographic Details
Main Author: Muhammad Hanif al-Hakim
Format: Article
Language:English
Published: University of Muhammadiyah Malang 2020-08-01
Series:Falah: Jurnal Ekonomi Syariah
Subjects:
stock index
share price
stability
volatility
market return
Online Access:http://ejournal.umm.ac.id/index.php/JES/article/view/12729/pdf
Description
Summary:This study aims to compare the performance of Indonesia Sharia Stock Index (ISSI) and Composite Share Price Index (IHSG) Jakarta over bullish dan bearish period 2016-2019. This research is descriptive quantitative using natural log and standard deviation calculation. The data retrieved from Financial Service Autority. The finding show that indexes whose volatility values are high does not always generate high positive returns. In addition, the performance of the two indices showed the same pattern in both bullish and bearish periods despite the differences in some conditions and systems.
ISSN:2502-3918
2502-7824

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