International Journal of Financial and Investment Studies
Vol 3 No 1 (2022): APRIL 2022

ANALYSIS OF THE EFFECT OF LUNAR CYCLE ON LIQUID 45 (LQ45) STOCKS ON THE INDONESIA STOCK EXCHANGE (IDX) FOR THE PERIOD 2005-2020

Fendi Pramono (Petra Christian University)
Sautma Ronni Basana (Petra Christian University)

Article Info

Publish Date
23 Aug 2022

Abstract

This study examines the impact of the moon phase in influencing investors' decisions to invest in the stock market. As an investor, market timing is needed to maximize the return on your investment. Fundamental and technical analysis cannot predict when investors can buy or sell shares to maximize profits. The research was conducted on stocks that never left the Liquid 45 from 2005 to 2020.

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Journal Info
International Journal of Financial and Investment Studies
Website

Abbrev

ijfis

Publisher

Universitas Kristen Petra Surabaya

Subject

Economics, Econometrics & Finance

Description

International Journal of Financial and Investment Studies (IJFIS) e-ISSN: 2745-3952 is a peer-reviewed journal that aims at the dissemination and advancement of research in the areas of economics and finance with a specific focus on financials and investments. The aim of the Journal is to provide a ...