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Moving Average Convergence-Divergence (MACD) Trading Rule: An Application in Nepalese Stock Market "NEPSE" Vaidya, Rashesh
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

There are two types of analysis done for a stock market. One is fundamental analysis, where an investor looks at an intrinsic value of the stock, and another is technical analysis, where investors determine the future trend of the market looking at the current pattern or trend of the market. This paper is focused on one of the technical analysis tools, i.e., Moving Average Convergence-Divergence. It is a tool based on the three exponential moving average (9-12-26 EMA Rule). The MACD analysis, with the help of a single line, was helpful to find out the exact bullish and the bearish trend of the Nepse. A signal line is a benchmark to determine the stock market moving either to a bullish or bearish trend. It can help an investor, where the market is going in a direction. A market convergence, divergence, and crossover were better identified with the help of the MACD histogram. The paper found that the Nepse return was stable for a very minimal period from 1998-99 to 2019-20. The shift from the bullish to bearish or vice-verse were seen easily identified with the help of a MACD histogram. Finally, a better-combined knowledge of moving average and candlestick chart analysis will help an investor, to put a clear picture of a market trend with the help of MACD analysis.

The Effects of Technical and Fundamental Factors on the Investment Decision and the Company Value in the Agricultural Sector Mamay Komarudin; Naufal Affandi
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

This study aims to analyze the influences of technical variables, which consist of the stock price and the Total Volume Activity (TVA), as well as fundamental variables, which consist of the Price Book Value (PBV) and the Debt to Equity Ratio (DER) on the investment decisions and the company value measured by using the PER of some companies of agricultural sector listed in the Indonesian Stock Exchange. Path analysis is used as the data analysis method. The research results show that one of the technical factors that significantly influences the investment decision and the company value is the stock price. Meanwhile, one of the fundamental factors that influences the investment decision and the company value is the PBV. The hypothesis testing showing that the stock price factor and the PBV factor have positive effects on the value of agricultural sector company is proven or accepted. On the other hand, the other variables, according to theorema trimming, are proved to be not includable in the path calculation if the path is proved to be insignificant, in this case the DER and the trading volume variable

COVID-19 in Ghana: An Overview of Government Contributions in Fighting this Pandemic Evans, Yeboah; Kyeremeh, Rose Gyamea
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Coronavirus outbreak has brought significant negative impacts on developed and developing economies with Ghana, not an exemption. This pandemic has slow down economic activities across the globe through unplanned budget expenditures by various government. There is an increasing pressure on many governments to directed tremendous capital resource to stop the outbreak. The perspective of this paper is to provide, update, and inform concerning Covid-19 situation in Ghana, and also look at government expenditure on this pandemic and economic impact. This study employed the quantitative method which promotes the analysis of secondary sources of data. The study captured some of economic and livelihood programme implemented by the government of Ghana to support the most vulnerable persons. With Ghana currently having low active Covid-19 confirmed cases proves that the government has done well to control the spread of the virus.

Comparative risk analysis by VaR: an empirical application to ethical market indices Derbali, Abdelkader; Saleh, Hany A
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

In recent years, companies' actions towards factors of production have multiplied. The human dimension is increasingly present in decisions and companies feel socially responsible. The sustainability of companies necessarily requires limiting the negative environmental effects because of these production activities. Ethical finance in general, whether Islamic or not, is a growing demand on the part of consumers and states. The aim of this paper is to assess the risk of two ethically responsible indices such as S&P500 Shariah index and S&P500 Environment and Socially Responsible index. In this paper, we will conduct a comparative study of market risk on two ethically responsible indices: the Islamic Index of the Shariah (S&P500 Shariah index) and the S&P500 Environment and Socially Responsible index during the period from 30/09/2010 to 21/09/2018. The evolution of the market will be represented by the general index of the S&P500. To do this, we use different approaches to value at risk such as VaR parametric approach, VaR non-parametric approach and the Theory of Extreme Values approach. Our results show that, on the one hand, the S&P500 Environment and Socially Responsible index is less risky than the S&P500 Shariah index and the S&P500 index. On the other hand, the S&P500 Shariah index is at low risk when yields are extreme. We conclude that the S&P500 Environment and Socially Responsible index is less risky than the Shariah S&P500 Index when you consider that yields are moving under normal market conditions.

FDI, Trade and Economic Development in Pakistan Afzal, Muhammad; Ahmad, Shoaib
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

This paper examined the relationship between FDI, imports, exports, terms of trade and investment in Pakistan for the period 1990-2015. Results show that an increase in all these factors will contribute significantly to FDI flows that may help the Pakistanâ€™s economy. FDI has negative and significant impact on GDP. Exports have an insignificant effect that may imply that historically economy had led exports more than the exports led the economy. More important fact is that world economic conditions play a crucial role in the macroeconomic performance. When these conditions are favorable, not only the economy but also the trade grow. Though global financial crisis did not seriously affect Pakistanâ€™s economy, Pakistan faced multifaceted challenges on external and internal fronts notably fight against extremism, energy crisis and uncertain external inflows. There is a need to pay more attention to domestic situation than to look abroad for financial assistance since FDI is not an unmixed blessing.

Determinants of Bank Liquidity in Nepal Bista, Raghu Bir; Basnet , Priyanka
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

This paper examines determinants of bank liquidity of the commercial bank in Nepal based on 12 years long time series data base from 2004 to 2015, employing the econometric model. As a result, the bank liquidity of the commercial bank has fluctuation and instable trend line indicating the risk of liquidity crunch. Similarly, deposit, capital adequacy, remittance and bank size are determinants of bank liquidity of the commercial bank out of which deposit is prevalent to increase bank liquidity and capital adequacy is key to decrease it. In long term, capital adequacy, bank size and government expenditure increase bank liquidity of the commercial bank but deposit decreases it. Thus, internal variables influence bank liquidity more than macroeconomic variables. Therefore, the commercial banks should maintain bank liquidity in short period and in long period for achievement of financial health, stability and growth as per mention regulatory provisions and criteria of the monetary policy and the monetary policy should be formulated to maintain short and long term bank liquidity in accordance with IMF standards and guidelines for reducing the potential risk of liquidity crunch as result of the variation of macro-economic variables and of international global trade and oil price and production.

Internet Usage and Economic Growth: The Case of Mexico Hsing, Yu; Morgan, Yun-Chen; Phillips, Antoinette S.; Phillips, Carl
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

This paper finds that more internet users as a percentage of total population promote economic growth in Mexico and that the impact exhibited a nonlinear relation and was greater in the initial stage of Internet adoption. In addition, less government budget deficit as a percent of GDP, a higher real stock price, real peso appreciation, a higher real crude oil price or a lower expected inflation rate would enhance economic growth.

Moving Average Convergence-Divergence (MACD) Trading Rule: An Application in Nepalese Stock Market "NEPSE" Rashesh Vaidya
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

There are two types of analysis done for a stock market. One is fundamental analysis, where an investor looks at an intrinsic value of the stock, and another is technical analysis, where investors determine the future trend of the market looking at the current pattern or trend of the market. This paper is focused on one of the technical analysis tools, i.e., Moving Average Convergence-Divergence. It is a tool based on the three exponential moving average (9-12-26 EMA Rule). The MACD analysis, with the help of a single line, was helpful to find out the exact bullish and the bearish trend of the Nepse. A signal line is a benchmark to determine the stock market moving either to a bullish or bearish trend. It can help an investor, where the market is going in a direction. A market convergence, divergence, and crossover were better identified with the help of the MACD histogram. The paper found that the Nepse return was stable for a very minimal period from 1998-99 to 2019-20. The shift from the bullish to bearish or vice-verse were seen easily identified with the help of a MACD histogram. Finally, a better-combined knowledge of moving average and candlestick chart analysis will help an investor, to put a clear picture of a market trend with the help of MACD analysis.

The Effects of Technical and Fundamental Factors on the Investment Decision and the Company Value in the Agricultural Sector Mamay Komarudin; Naufal Affandi
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

This study aims to analyze the influences of technical variables, which consist of the stock price and the Total Volume Activity (TVA), as well as fundamental variables, which consist of the Price Book Value (PBV) and the Debt to Equity Ratio (DER) on the investment decisions and the company value measured by using the PER of some companies of agricultural sector listed in the Indonesian Stock Exchange. Path analysis is used as the data analysis method. The research results show that one of the technical factors that significantly influences the investment decision and the company value is the stock price. Meanwhile, one of the fundamental factors that influences the investment decision and the company value is the PBV. The hypothesis testing showing that the stock price factor and the PBV factor have positive effects on the value of agricultural sector company is proven or accepted. On the other hand, the other variables, according to theorema trimming, are proved to be not includable in the path calculation if the path is proved to be insignificant, in this case the DER and the trading volume variable

COVID-19 in Ghana: An Overview of Government Contributions in Fighting this Pandemic Yeboah Evans; Rose Gyamea Kyeremeh
Quantitative Economics and Management Studies Vol. 1 No. 6 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Coronavirus outbreak has brought significant negative impacts on developed and developing economies with Ghana, not an exemption. This pandemic has slow down economic activities across the globe through unplanned budget expenditures by various government. There is an increasing pressure on many governments to directed tremendous capital resource to stop the outbreak. The perspective of this paper is to provide, update, and inform concerning Covid-19 situation in Ghana, and also look at government expenditure on this pandemic and economic impact. This study employed the quantitative method which promotes the analysis of secondary sources of data. The study captured some of economic and livelihood programme implemented by the government of Ghana to support the most vulnerable persons. With Ghana currently having low active Covid-19 confirmed cases proves that the government has done well to control the spread of the virus.

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Contact Name
Ansari Saleh Ahmar

Contact Email
qems@ahmar.id

Phone
+6281258594207

Journal Mail Official
qems@ahmar.id

Editorial Address
Jalan Karaeng Bontomarannu No. 57 Kecamatan Galesong, Kabupaten Takalar Provinsi Sulawesi Selatan, Indonesia

Location
Unknown,

Unknown

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Ansari Saleh Ahmar

Contact Email qems@ahmar.id

Phone +6281258594207

Journal Mail Official qems@ahmar.id

Editorial Address Jalan Karaeng Bontomarannu No. 57 Kecamatan Galesong, Kabupaten Takalar Provinsi Sulawesi Selatan, Indonesia

Location Unknown, Unknown INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
Ansari Saleh Ahmar

Contact Email
qems@ahmar.id

Phone
+6281258594207

Journal Mail Official
qems@ahmar.id

Editorial Address
Jalan Karaeng Bontomarannu No. 57 Kecamatan Galesong, Kabupaten Takalar Provinsi Sulawesi Selatan, Indonesia

Location
Unknown,

Unknown

INDONESIA