IDEAS home Printed from https://ideas.repec.org/h/eme/isetez/s1571-03862023000033b004.html
   My bibliography  Save this book chapter

The Prospect and Volatility of Stock Prices in Aviation Business

In: Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA

Author

Listed:
  • Ernie Hendrawaty
  • Rialdi Azhar
  • Fajrin Satria Dwi Kesumah

Abstract

The aviation business has had a difficult time due to the COVID-19 pandemic in the past year. As a result, people worldwide are limited to travel which causes a decrease in turnover from a business in the transportation sector, particularly aviation. This condition, indeed, also affects the company’s stock price. This study examines the volatility of stock prices as an initial indication of what has happened and looks at future projections. The method used in this study is the autoregressive integrated moving average (ARIMA) in achieving research objectives. The findings found that the autoregressive combined moving average on AR1 and MA1 can show conditions based on past data and predict the projection of its volatility. The aviation business is still considered to survive with daily stock prices that are relatively positive and stable for the next upcoming period.

Suggested Citation

  • Ernie Hendrawaty & Rialdi Azhar & Fajrin Satria Dwi Kesumah, 2023. "The Prospect and Volatility of Stock Prices in Aviation Business," International Symposia in Economic Theory and Econometrics, in: Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA, volume 33, pages 53-62, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:isetez:s1571-03862023000033b004
    DOI: 10.1108/S1571-03862023000033B004
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1571-03862023000033B004/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1571-03862023000033B004/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S1571-03862023000033B004
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S1571-03862023000033B004/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S1571-03862023000033B004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    ARIMA model; volatility; COVID-19 pandemic; stock prices; aviation business; financial forecasting; G0; G1; G12;
    All these keywords.

    JEL classification:

    • G0 - Financial Economics - - General
    • G1 - Financial Economics - - General Financial Markets
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:isetez:s1571-03862023000033b004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.