Analisis Overreaction Pada Saham Winner Dan Losser Di Bursa Efek Indonesia (S…

ABSTRACT This study aims to determine whether there is a market overreaction phenomenon on the Indonesian stock exchange. This study uses two time periods, namely the semiannual and annual periods during 2016-2019. This study uses samples included in the LQ-45 index. Based on the Cumulative Abnormal Return (CAR) value, stocks are classified into two portfolios. The winner portfolio is one thir…