ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014
A market anomaly techniques that seems contradictory development strategies Market with efficient process. The market efficiently process the anomaly should not occur . In financial theory, known at least four kinds of anomalies in the market. The fourth anomaly is anomalous Company ( anomaly compan...
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Universitas Islam Negeri Fatmawati Sukarno Bengkulu
2015-03-01
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| Series: | Al-Intaj |
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| Online Access: | https://ejournal.uinfasbengkulu.ac.id/index.php/Al-Intaj/article/view/765 |
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| author | deni dwi sandi |
| author_facet | deni dwi sandi |
| author_sort | deni dwi sandi |
| collection | DOAJ |
| description | A market anomaly techniques that seems contradictory development strategies Market with efficient process. The market efficiently process the anomaly should not occur . In financial theory, known at least four kinds of anomalies in the market. The fourth anomaly is anomalous Company ( anomaly companies ) , or seasonal calendar anomalies ( anomalies calendar / seasonal anomalies ) , anomalous events or Genesis ( anomalous event) and accounting anomalies ( anomalies accounting ) . The holiday effect is the prayer calendar anomaly Part of one important holiday hearts or more calendar contains the holiday effect in which Revenue Shares in the day - Toward the High Holidays much more than the day - a normal day.The issues raised in this research is : how is the stock return of sharia in Jakarta Islamic Index ( JII ) before and after the New Year Holidays Hijri , the Prophet's Birthday , Isra ' Mi'raj , Idul Fitri , Idul Adha and overall Holidays Islam (Islamic Holiday ) . This study propose to analyze the stock return of sharia in Jakarta Islamic Index ( JII ) before and after Holidays Islam (Islamic Holiday ) . Research using quantitative approach . The sample used a number of 10 shares of the population of Jakarta Islamic Index ( JII ) 2012-2014 , they were taken by using purposive sampling.The results of data analysis with Test Paired samples t-test showed that H0 is accepted on Holidays New Year Hijrah , the Prophet's Birthday , Eid al-Fitr , Eid al- Adha and the overall Holidays Islam (Islamic Holiday) in the sense that there is no significant difference between before ( pre- holiday ) and after the Islamic holidays ( post- holiday ) on stock returns JII index 2012-2014 ( holiday effect phenomenon unidentified ) and H0 is rejected on Holidays Isra ' Mi'raj in the sense that there are significant differences between the before ( pre- holiday ) and after the Islamic holidays ( post- holiday ) on stock returns JII index 2012-2014 ( holiday effect phenomenon identified ). |
| format | Article |
| id | doaj-art-04722285201c4ea9b341fca9984a1760 |
| institution | DOAJ |
| issn | 2476-8774 2621-668X |
| language | English |
| publishDate | 2015-03-01 |
| publisher | Universitas Islam Negeri Fatmawati Sukarno Bengkulu |
| record_format | Article |
| series | Al-Intaj |
| spelling | doaj-art-04722285201c4ea9b341fca9984a17602025-08-20T02:39:59ZengUniversitas Islam Negeri Fatmawati Sukarno BengkuluAl-Intaj2476-87742621-668X2015-03-011110.29300/aij.v1i1.765679ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014deni dwi sandiA market anomaly techniques that seems contradictory development strategies Market with efficient process. The market efficiently process the anomaly should not occur . In financial theory, known at least four kinds of anomalies in the market. The fourth anomaly is anomalous Company ( anomaly companies ) , or seasonal calendar anomalies ( anomalies calendar / seasonal anomalies ) , anomalous events or Genesis ( anomalous event) and accounting anomalies ( anomalies accounting ) . The holiday effect is the prayer calendar anomaly Part of one important holiday hearts or more calendar contains the holiday effect in which Revenue Shares in the day - Toward the High Holidays much more than the day - a normal day.The issues raised in this research is : how is the stock return of sharia in Jakarta Islamic Index ( JII ) before and after the New Year Holidays Hijri , the Prophet's Birthday , Isra ' Mi'raj , Idul Fitri , Idul Adha and overall Holidays Islam (Islamic Holiday ) . This study propose to analyze the stock return of sharia in Jakarta Islamic Index ( JII ) before and after Holidays Islam (Islamic Holiday ) . Research using quantitative approach . The sample used a number of 10 shares of the population of Jakarta Islamic Index ( JII ) 2012-2014 , they were taken by using purposive sampling.The results of data analysis with Test Paired samples t-test showed that H0 is accepted on Holidays New Year Hijrah , the Prophet's Birthday , Eid al-Fitr , Eid al- Adha and the overall Holidays Islam (Islamic Holiday) in the sense that there is no significant difference between before ( pre- holiday ) and after the Islamic holidays ( post- holiday ) on stock returns JII index 2012-2014 ( holiday effect phenomenon unidentified ) and H0 is rejected on Holidays Isra ' Mi'raj in the sense that there are significant differences between the before ( pre- holiday ) and after the Islamic holidays ( post- holiday ) on stock returns JII index 2012-2014 ( holiday effect phenomenon identified ).https://ejournal.uinfasbengkulu.ac.id/index.php/Al-Intaj/article/view/765holiday effect, return indeks jii. |
| spellingShingle | deni dwi sandi ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 Al-Intaj holiday effect, return indeks jii. |
| title | ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 |
| title_full | ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 |
| title_fullStr | ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 |
| title_full_unstemmed | ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 |
| title_short | ANALISIS ANOMALI HOLIDAY EFFECTTERHADAPRETURNSAHAM SYARIAH DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2012-2014 |
| title_sort | analisis anomali holiday effectterhadapreturnsaham syariah di jakarta islamic index jii periode 2012 2014 |
| topic | holiday effect, return indeks jii. |
| url | https://ejournal.uinfasbengkulu.ac.id/index.php/Al-Intaj/article/view/765 |
| work_keys_str_mv | AT denidwisandi analisisanomaliholidayeffectterhadapreturnsahamsyariahdijakartaislamicindexjiiperiode20122014 |