Analisis Price Reversal Di Bursa Efek Indonesia Tahun 2013- 2016

Abstract

The purpose of study is to determine whether there’s a significantn diference between the average cumulative abnormal return winner-loser stocks formation period with its testing period in Indonesia Stock Exchange. The sample used in this study is the closing stock data in the Indonesia Composite Index on Indonesia Stock Exchange in the periode 2013-2016. Statistical test used in this study was Paired Sample T-Test, to test for differences in average cumulative abnormal return of winner and loser.