Pemodelan status kelayakan saham di aplikasi ajaib menggunakan metode regresi logit ordinal
Main Article Content
Abstract
The development of the capital market cannot be separated from the contributions of
investors and brokers. From 2018 until the end of September 2021, the number of investors
has increased every year. PT. Ajaib Sekuritas Asia is one of the brokerage companies
listed on the IDX. The purpose is for modelling, analyzing, and interpreting the stock
eligibility status in the Ajaib using the ordinal logistic regression with logit function. The
data used in this study is secondary data which includes: RoA (Return on Assets), GPM
(Gross Profit Margin), OPM (Operating Profit Margin), NPM (Net Profit Margin), and
Stock Status. All data is available in the Ajaib investment application, so Ajaib is the main
data source in this research. The study result indicate that there are patterns between
Return on Assets, Gross Profit Margin, Operating Profit Margin, and Net Profit Margin,
to the stock eligibility status. The predictability of the model reached 49.22% and the
pseudo R2
is 19% with an error rate of 5%. Based on the results of the study, it can be
concluded that there is a pattern of relationship between the issuer's financial indicators,
which include Return on Assets (RoA), Gross Profit Margin (GPM), Operating Profit
Margin (OPM), and Net Profit Margin (NPM), on the feasibility status of existing shares.
In the Magic investment app. A positive relationship is shown by RoA, GPM, and NPM to
the logit function of stock eligibility status, while a negative relationship is only shown by
OPM to stock eligibility status.
Article Details
References
Afrizal, S., & Farlian, T. (2017). Kontribusi pasar modal terhadap pertumbuhan ekonomi Indonesia.
Jurnal Ilmiah Mahasiswa Ekonomi Pembangunan, 2(2), 248–255.
Bursa Efek Indonesia. (2018). Sejarah dan milestone.
Bursa Efek Indonesia. (2021). IDX Monthly. Bursa Efek Indonesia.
Dewi, N. N. S. R. T., Adnantara, K. F., & Asana, G. H. S. (2018). Modal investasi awal dan persepsi
risiko dalam keputusan berinvestasi. JIA (Jurnal Ilmiah Akuntansi), 2(2).
Kapoh, Y. (2020). Instrumen pasar modal menurut undang-undang nomor 8 Tahun 1995. LEX ET
SOCIETATIS, 7(8).
Nurhaliza, P., Rahmawati, R., & Munika, R. (2021). The Influence of capital structure, company size
and cash round towards profitability of metal sub-sector manufacturing companies and their
sectors listed in indonesia stock exchange 2016-2018. Jurnal Riset Manajemen Indonesia, 3(1),
–119.
Otoritas Jasa Keuangan. (2021). Informasi pasar modal Indonesia. OJK.
Permata, C. P., & Ghoni, M. A. (2019). Peranan pasar modal dalam perekonomian negara Indonesia.
Jurnal AkunStie (JAS), 5(2), 50–61.
Prabowo, F., & Bekti, R. D. (2020). Analisis regresi logistik ordinal dan diskriminan untuk
memprediksi pengaruh pelayanan, barang dagangan dan fasilitas pasar terhadap minat pembelian
pakaian di pasar tradisional Beringharjo Yogyakarta. Jurnal Statistika Industri Dan Komputasi,
(01), 75–92.
PT. Ajaib Sekuritas Asia. (2021). Tentang ajaib group. Tentang Kami.
Putri, M. H., & Yuhan, R. J. (2019). Indeks kerawanan sosial ekonomi perempuan Indonesia tahun
Seminar Nasional Official Statistics, 2019(1), 286–296.
Saleh, A. P., Tjan, J. S., & Abduh, M. (2022). Analisis pengaruh return on asset, returnon equity, earning
per share dan dividen per share terhadap pada perusahaan perbankan yang terdaftar di BEI periode
-2020. CESJ: Center Of Economic Students Journal, 5(1).
Sanjaya, S., & Afriyenis, W. (2018). Analisis fundamental terhadap harga saham perusahaan
manufaktur sektor industri barang konsumsi. Maqdis: Jurnal Kajian Ekonomi Islam, 3(1), 71–84.
Sofia, R., & Sahputri, J. (2021). Kecemasan tenaga kesehatan dalam menghadapi Covid-19. Averrous:
Jurnal Kedokteran Dan Kesehatan Malikussaleh, 7(1), 12–26.
Sri Handini, M. M., & Erwin Dyah Astawinetu, M. M. (2020). Teori portofolio dan pasar modal
Indonesia. Scopindo Media Pustaka.
Wu, X., Hou, L., Wen, Y., Liu, W., & Wu, Z. (2019). Research on the relationship between causal
factors and consequences of incidents occurred in tank farm using ordinal logistic regression.
Journal of Loss Prevention in the Process Industries, 61, 287–297.