Unusual Phenomena of the Risk-Return Relationship in Indonesia Sharia Stocks Market
- https://doi.org/10.2991/aebmr.k.200331.012How to use a DOI?
- index, return, risk, ranking, sharia stock
This study aims to prove the existence of an unusual phenomenon in the short-term investment market of Sharia stocks in Indonesia in 2018. The usual phenomenon that is in accordance with the axiom “Risk and Return Trade-off” is “High risk - high return, low risk - low return”, both for total risk, systematic risk, and specific risk. Does this phenomenon exist? An understanding of the returns and risks rankings of stock investments will be useful in the stocks analysis, especially in the analysis phase when potential investors will determine the stocks that will be the object of investment. Data on investment returns and risk of Sharia stocks are taken and processed from the IDX data. Descriptive analysis is carried out to explain the ranking of profitability, returns and risk of existing investments. Inferential analysis (Rank Difference Test) is carried out to test hypotheses about the difference between return and risk ranking. Research shows the results that rank of return and risks ratings are differ. This shows that the phenomenon of “High risk - high return, low risk - low return” does not exist in the short-term investment market of sharia stocks in Indonesia in 2018, or that the unusual phenomenon occurs.
- © 2020, 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/).
Cite this article
TY - CONF AU - Muhammad Anhar AU - Faris Faruqi PY - 2020 DA - 2020/04/06 TI - Unusual Phenomena of the Risk-Return Relationship in Indonesia Sharia Stocks Market BT - Proceedings of the 6th Annual International Conference on Management Research (AICMaR 2019) PB - Atlantis Press SP - 53 EP - 56 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200331.012 DO - https://doi.org/10.2991/aebmr.k.200331.012 ID - Anhar2020 ER -