The Rating of Sectoral Stocks Based on Their Capital Gain

DOI

10.2991/aicmar-18.2019.13How to use a DOI?

Keywords

capital gain; rating; sectoral stock

Abstract

This study aims to determine the amount of capital gains of sectoral stocks and find out sectoral/ industrial stock rankings based on their capital gains in Indonesia at 2017. Capital gain is a part of the return of stock investment that gets great attention of investors. An understanding of the ranks difference of capital gain will be useful in stock analysis especially in phase of the fundamental analysis of industry, i.e. when potential investors will determine the industry/sector to be object of the stock investment. Data of the sectoral capital gain were obtained by processing index data of sectoral stocks in Indonesia Stock Exchange (ISE). Descriptive analysis was conducted to explain the existing capital gain of the sectoral stocks. Test of Means Difference was conducted to ensure the difference of capital gain among the sectors. Analysis of variance was conducted to test the difference in the rankings of the capital gains among the sectors. The result show that the sectoral capital gains are not significantly different, where the mean is 0.97%. The result also find that the ranks of their sectoral capital gains are significantly different, with Financial Sector as highest rank and Sharia Stock as the lowest rank. The ranks sequentially are: Financial sector, Basic Industry Sector, Consumption Sector, Agriculture Sector, Mining Sector, Manufacturing Sector, Miscellaneous Industry Sector, Infrastructure Sector, Trade Sector, Property Sector, and Sharia Stock.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Muhammad Anhar
PY  - 2019/02
DA  - 2019/02
TI  - The Rating of Sectoral Stocks Based on Their Capital Gain
BT  - Proceedings of the 5th Annual International Conference on Management Research (AICMaR 2018)
PB  - Atlantis Press
SP  - 58
EP  - 61
SN  - 2352-5428
UR  - https://doi.org/10.2991/aicmar-18.2019.13
DO  - 10.2991/aicmar-18.2019.13
ID  - Anhar2019/02
ER  -