Universitas Bhayangkara Jakarta Raya

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FoEh, John EHJ. (2005) Overreact hypothesis dan price earning ratio anomali saham-saham sektor manufaktur di Bursa Efek Jakarta. Jurnal Ekonomi Perusahaan - IBII, Jakarta, 12 (1). pp. 42-59. ISSN 0854-8153

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Abstract

Abstract: The overreaction hypothesis predicts that securities suffering abnormally low return (losers) will subsequently experience abnormally high return. On the contrary, securities with upnormally high return (winners) will later experience abnormally low returns. The behavior of extreme winners and extreme losers stocks is followed through the years between 1996 and 2000. The evidence of this study seems to indicate that the price limit rule has not been effective in the Jakarta Stock Exchange. Overreact appear in limit time and separate in its move. in general, risk of winner and losers are not constant over time. Keywords: overreaction hypothesis, price earning ratio, Jakarta Stock Exchange.

Item Type:	Article
Subjects:	Manajemen > Manajemen Keuangan
Divisions:	Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User:	John EHJ FoEh
Date Deposited:	30 Jun 2021 01:35
Last Modified:	30 Jun 2021 01:35
URI:	http://repository.ubharajaya.ac.id/id/eprint/9542

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