Analysis of the influence internal and external factors on the performance of IDXV30
In this research, authors examine the internal influence of BI7DRR, Inflation, Exchange Rate and JCI and external DJIA, the Fed, HSI and the contribution of factors that influence the performance of Index Value 30 (IDXV30) during the period September 2019 – December 2022. Type of data used is monthl...
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| Format: | Article |
| Language: | English |
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Indonesian Institute for Counseling, Education and Therapy (IICET)
2023-09-01
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| Series: | JPPI (Jurnal Penelitian Pendidikan Indonesia) |
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| Online Access: | https://jurnal.iicet.org/index.php/jppi/article/view/2849 |
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| author | Tumpal Samosir Pardomuan Sihombing |
| author_facet | Tumpal Samosir Pardomuan Sihombing |
| author_sort | Tumpal Samosir |
| collection | DOAJ |
| description | In this research, authors examine the internal influence of BI7DRR, Inflation, Exchange Rate and JCI and external DJIA, the Fed, HSI and the contribution of factors that influence the performance of Index Value 30 (IDXV30) during the period September 2019 – December 2022. Type of data used is monthly time series data using the saturated sampling technique which is processed using the Eviews 12 application program using the VECM analysis method. The analysis phase is through the Stationarity Test, Optimal Lag Test, VAR Stability Test, Granger Causality Test, Cointegration Test, Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD). The results of the study prove that the Exchange Rate and DJIA together have a negative influence on the performance of the IDXV30 while the HSI and Inflation positively affect the IDXV30's performance. JCI, BI7DRR, FED have a negative influence on the performance of IDXV30. While the contributing factors are the IDXV30 itself while macroeconomics and global stock exchanges do not contribute. |
| format | Article |
| id | doaj-art-f402ca126f994363bb39d751b3c604d4 |
| institution | Kabale University |
| issn | 2477-8524 2502-8103 |
| language | English |
| publishDate | 2023-09-01 |
| publisher | Indonesian Institute for Counseling, Education and Therapy (IICET) |
| record_format | Article |
| series | JPPI (Jurnal Penelitian Pendidikan Indonesia) |
| spelling | doaj-art-f402ca126f994363bb39d751b3c604d42025-01-27T12:24:49ZengIndonesian Institute for Counseling, Education and Therapy (IICET)JPPI (Jurnal Penelitian Pendidikan Indonesia)2477-85242502-81032023-09-01931824183510.29210/0202328491642Analysis of the influence internal and external factors on the performance of IDXV30Tumpal Samosir0Pardomuan Sihombing1Mercu Buana UniversityMercu Buana UniversityIn this research, authors examine the internal influence of BI7DRR, Inflation, Exchange Rate and JCI and external DJIA, the Fed, HSI and the contribution of factors that influence the performance of Index Value 30 (IDXV30) during the period September 2019 – December 2022. Type of data used is monthly time series data using the saturated sampling technique which is processed using the Eviews 12 application program using the VECM analysis method. The analysis phase is through the Stationarity Test, Optimal Lag Test, VAR Stability Test, Granger Causality Test, Cointegration Test, Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD). The results of the study prove that the Exchange Rate and DJIA together have a negative influence on the performance of the IDXV30 while the HSI and Inflation positively affect the IDXV30's performance. JCI, BI7DRR, FED have a negative influence on the performance of IDXV30. While the contributing factors are the IDXV30 itself while macroeconomics and global stock exchanges do not contribute.https://jurnal.iicet.org/index.php/jppi/article/view/2849jakarta composite index, dow jones industrial average, hang seng index, bi-7day repo rate, exchange rate |
| spellingShingle | Tumpal Samosir Pardomuan Sihombing Analysis of the influence internal and external factors on the performance of IDXV30 JPPI (Jurnal Penelitian Pendidikan Indonesia) jakarta composite index, dow jones industrial average, hang seng index, bi-7day repo rate, exchange rate |
| title | Analysis of the influence internal and external factors on the performance of IDXV30 |
| title_full | Analysis of the influence internal and external factors on the performance of IDXV30 |
| title_fullStr | Analysis of the influence internal and external factors on the performance of IDXV30 |
| title_full_unstemmed | Analysis of the influence internal and external factors on the performance of IDXV30 |
| title_short | Analysis of the influence internal and external factors on the performance of IDXV30 |
| title_sort | analysis of the influence internal and external factors on the performance of idxv30 |
| topic | jakarta composite index, dow jones industrial average, hang seng index, bi-7day repo rate, exchange rate |
| url | https://jurnal.iicet.org/index.php/jppi/article/view/2849 |
| work_keys_str_mv | AT tumpalsamosir analysisoftheinfluenceinternalandexternalfactorsontheperformanceofidxv30 AT pardomuansihombing analysisoftheinfluenceinternalandexternalfactorsontheperformanceofidxv30 |