IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-240-8_13.html

Comparative Analysis of Stock Systematic Risk Based on Business Sector

In: Proceedings of the Brawijaya International Conference on Business Administration, Taxation, and Tourism (BICBATT 2022)

Author

Listed:
  • David Kaluge

    (Brawijaya University, Economics Department, Faculty of Economics and Business)

  • Tyas Danarti

    (Brawijaya University, Economics Department, Faculty of Economics and Business)

  • Puspitasari Wahyu

    (Brawijaya University, Economics Department, Faculty of Economics and Business)

Abstract

In the realm of financial investment, stock investments are categorized as high-risk investments, especially in conditions of economic shocks due to the pandemic. The condition of increasing risk seems contradictory when compared with the fact that the number of individual investors in the capital market has increased. Investment in the stock market is a representation of the concept of investment returns and investment risk moving in the same direction. But often investors only focus on high potential returns and tend to ignore the possibility of high losses. Therefore, the purpose of this study is to fulfill the need for information about the condition of the stock's systematic risk based on the characteristics of the issuer at this time. The research method used is a regression model on 10 business sectors. Using secondary data on stock return variables and market return variables. The empirical results state that the systematic risk of stocks increases during the pandemic period accompanied by changes in sector position for stocks with the lowest and highest risk and changes in distribution patterns for sectors that have high risk in the 2 research periods.

Suggested Citation

  • David Kaluge & Tyas Danarti & Puspitasari Wahyu, 2024. "Comparative Analysis of Stock Systematic Risk Based on Business Sector," Advances in Economics, Business and Management Research, in: Inggang Perwangsa Nuralam & Ari Darmawan & Agung Nugroho Luthfi Imam Fahrudi & Anni Rahimah (ed.), Proceedings of the Brawijaya International Conference on Business Administration, Taxation, and Tourism (BICBATT 2022), pages 106-115, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-240-8_13
    DOI: 10.2991/978-94-6463-240-8_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;

    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:spr:advbcp:978-94-6463-240-8_13. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.