Kestasioneran Kurs Dolar Amerika dan Harga Saham Pada Masa Pandemi Covid 19 Tahun 2020

Rahimullaily Rahimullaily, Amalina Amalina

Abstract


This study aims to determine the stationarity of the US dollar exchange rate and stock prices during the Covid 19 pandemic. One of the interesting stocks to study is the stock price of PT Telecommunications Indonesia Tbk. The augmented Dickey-Fuller test was used to determine the stationarity of the two variables. The research data is sourced from secondary data through the official website of Bank Indonesia to view the US Dollar Exchange Rate and through the website investing to see the stock price of PT. Telekomunikasi Indonesia Tbk during the Covid 19 pandemic period in Indonesia occurred from March to December 2020. The results showed that the check of the stationary stock price of PT. Telekomunikasi Indonesia Tbk and the US Dollar exchange rate at level I (0) was not stationary. While the two variables are stationary in the first differencing conditions I (1).

Keywords


Stationary, Stock Price, US Dollar Exchange Rate, Covid 19

Full Text:

PDF


DOI: https://doi.org/10.15548/jostech.v1i1.2439
Abstract views : 187 times
PDF : 209 times

References


P. Legendre and O. Gauthier, “Statistical methods for temporal and space-time analysis of community composition data,” Proceedings of the Royal Society B: Biological Sciences. 2014.

I. W. Sumarjaya, “Modul Analisis Deret Waktu,” Fak. Mat. Dan Ilmu Pengetah. Alam Univ. Udayana, 2016.

R. Dornbusch and S. Edwards, “The Macroeconomics of Populism,” NBER, 1991.

K. Perencanaan et al., “Covid-19, New Normal, dan Perencanaan Pembangunan di Indonesia,” J. Perenc. Pembang. Indones. J. Dev. Plan., vol. 4, no. 2, pp. 240–252, 2020.

P. F. P. Cahya., I. W. Suwendra, and F. Yudiaatmaja., “Pengaruh Nilai Tukar Rupiah dan Inflasi Terhadap Indeks Harga Saham Sektor Properti dan Real Estate yang Tercatat di Bursa Efek Indonesia Tahun 2011-2013.,” E-Journal Bisma Univ. Pendidik. Ganesha Jur. Manaj., vol. 3, 2015.

Z. Bodie, A. Kane, and A. J. Marcus., Investment (7th Ed). New York: McGrow-Hill, 2007.

Nurhakim, Pengaruh Perubahan Nilai Tukar, Inflasi, Suku Bunga, dan Beta Terhadap Return Saham Jakarta Islamic Index pada Periode Bullish dan Bearish (Januari 2004 – Desember 2008). Yogyakarta: Universitas Islam Negeri Sunan Kalijaga, 2010.

D. Mahdi, Muhammad; Kaluge, “Pengaruh Tingkat Suku Bunga (Birate) Dan Kurs Dolar As Terhadap Indeks Harga Saham Gabungan (IHSG) Dengan Menggunakan Metode Error Corection Model (ECM),” J. Ekon. Pembang., vol. 8, no. 2, pp. 307–314, 2010.

F. Maisaroh, “Suku Bunga Sbi Terhadap Indeks Harga Saham Gabungan Lq-45 Periode Tahun 2009-2013,” Nominal, vol. VI, no. 1, 2017.

S. W. Sukamto, “Pengaruh Inflasi, Suku Bunga, Dan Nilai Tukar Rupiah Terhadap Indeks Harga Saham Gabungan (IHSG) Di Bursa Efek Indonesia,” Manaj. Bisnis, vol. 6, no. 2, pp. 1689–1699, Apr. 2018.

S. Wibowo., “Pengaruh Nilai Tukar, Suku Bunga Sertifikat Bank Indonesia dan Indeks Saham Dow Jones Terhadap Indeks Harga Saham Gabungan Indonesia,” J. Bisnis dan Akunt., vol. 14, no. 2, 2012.

R. David Tri Rachmadhanto, “Analisis Pengaruh Faktor Fundamental Perusahaan dan Kondisi Ekonomi Makro Terhadap Tingkat Underpricing Saat Penawaran Umum Perdana (Studi Empiris pada Perusahaan Go Publik yang Terdaftar di Bursa Efek Indonesia Tahun 2008 – 2011),” Diponegoro J. Account., vol. 3, no. 4, 2014.

P. E. Pujawati, I. G. B. Wiksuana, and L. G. S. Artini., “Pengaruh Nilai Tukar Rupiah Terhadap Return Saham dengan Profitabilitas Sebagai Variabel Intervening.,” E-Jurnal Ekon. dan Bisnis Univ. Udayana, vol. 4, no. 4, 2015.

T. A. Wiradisastra, “Pengaruh Likuditas dan Nilai Tukar Terhadap Harga Saham setelah IPO pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Tahun 2009 sampai Tahun 2014,” Universitas Pendidikan Indonesia, 2015.

U. Mardiyati and A. Rosalina, “Analisis Pengaruh Nilai Tukar, Tingkat Suku Bunga, dan Inflasi Terhadap Indeks Harga Saham (Studi Kasus Pada Perusahaan Properti yang Terdaftar di Bursa Efek Indonesia),” J. Ris. Manaj. Sains Indones., vol. 4, no. 1, 2013.

“PT.Telekomunikasi Indonesia Tbk,” 2021. [Online]. Available: https://id.investing.com/equities/telkom-indones-historical-data.

“Kurs Transaksi Bank Indonesia,” 2021. [Online]. Available: https://www.bi.go.id/id/statistik/informasi-kurs/transaksi-bi/Default.aspx.

D. N. Gujarati and B. Econometrics, As in the previous three editions, the primary objective of the fourth edition of. 2004.

Rusdi, “Uji Akar-Akar Unit dalam Model Runtun Waktu Autoregresif,” Satistika, vol. 11, no. 2, pp. 67–78, 2011.

D. Tambunan, “Investasi Saham di Masa Pandemi COVID-19,” Widya Cipta J. Sekr. dan Manaj., vol. 4, no. 2, pp. 117–123, 2020


Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 JOSTECH: Journal of Science and Technology

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.