Investor Style in Stock Investment Decisions

Sitinjak, Elizabeth Lucky Maretha and Haryanti, Kristiana and Kurniasari, Widuri and Sasmito, Wisnu Djati (2021) Investor Style in Stock Investment Decisions. In: 2021 International Conference on Computer & Information Sciences (ICCOINS), 13-15 July 2021, Kucing-Malaysia.

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Every investor has different investment behavior. These differences are called investor style. Investor style can be different because of demography, personality, and different transaction times. The purpose of this study is to reduce the mistakes made by individual investors styles. Some of the methods used in this research are Analytical Hierarchy Process (AHP), secondary data, Focus Group Discussion (FGD), and stock simulation with the algorithm. All of these methods emphasize the decision-making process when buying and selling stocks. The results provide a set of price targets and types of stocks purchased. Accounting information remains the main ingredient for making these decisions. Accounting information that is often used is Price Book Value (PBV) to select undervalued stocks. Additional results from depth interviews, average return obtained based on the time horizon, the beginning of the transaction up to 1 year has a stock return of around 2-4 percent. A time horizon of 1-3 years will get a return of around 10 percent. The time a horizon of more than 3 years, stock returns will rise again. The average long-term stock investment is around 20 percent. Personalities based on Dominance, Influence, Steadiness, Conscientiousness (DISC) that fit the stock investment style tend to be a precisionist personality, a style of investor that systematically follows existing trading orders. The stock simulation method also uses a trading algorithm with stages according to the AHP results, in order to be able to see the investment style of stocks in the Indonesian capital market.

Item Type: Conference or Workshop Item (Paper)
Subjects: 100 Philosophy and Psychology > 150 Psychology > Emotion and Feeling
300 Social Sciences > 330 Economics > Stocks
600 Technology (Applied sciences) > 650 Management > 657 Accounting
600 Technology (Applied sciences) > 650 Management > 657 Accounting > Financial reports
600 Technology (Applied sciences) > 650 Management > Business Performance
Divisions: Faculty of Economics and Business
Depositing User: Dr Elizabeth Lucky Maretha
Date Deposited: 04 Aug 2021 09:24
Last Modified: 04 Aug 2021 09:24

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