Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange
The purpose of this study is to examine the performance of sharia equity funds in bullish and bearish market conditions.The sample consists of eight sharia equity funds already existed in the market for more than five years. Data was taken from the period 2012-2016.Market condition was evaluated by...
Saved in:
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Islamic Business School
2017
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/24155/1/IJIB%202%202%202017%2064-78.pdf http://repo.uum.edu.my/24155/ http://www.ijib.uum.edu.my/index.php/vol-2-issue-2-2017/ijib-vol-2-no-2-dec-2017-64-78 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.24155 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.241552018-05-27T07:00:31Z http://repo.uum.edu.my/24155/ Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange Marsono, A. Dewantoro HB Economic Theory The purpose of this study is to examine the performance of sharia equity funds in bullish and bearish market conditions.The sample consists of eight sharia equity funds already existed in the market for more than five years. Data was taken from the period 2012-2016.Market condition was evaluated by a moving average model, and the sharia equity funds performance in each market condition was evaluated by the Treynor index model.The result shows that the sharia equity funds performance can beat the market in bearish market condition, but not in bullish and combined market conditions.However, each sharia equity fund exhibits different performance. Knowing the performance of sharia equity funds in various market conditions will benefit the investors, as they can set up new strategies in managing their portfolio to generate more profits in the future. Islamic Business School 2017-12 Article PeerReviewed application/pdf en http://repo.uum.edu.my/24155/1/IJIB%202%202%202017%2064-78.pdf Marsono, A. Dewantoro (2017) Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange. International Journal of Islamic Business (IJIB), 2 (2). pp. 64-78. ISSN 0127- 662X http://www.ijib.uum.edu.my/index.php/vol-2-issue-2-2017/ijib-vol-2-no-2-dec-2017-64-78 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HB Economic Theory |
spellingShingle |
HB Economic Theory Marsono, A. Dewantoro Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
description |
The purpose of this study is to examine the performance of sharia equity funds in bullish and bearish market conditions.The sample consists of eight sharia equity funds already existed in the market for more than five years. Data was taken from the period 2012-2016.Market condition was evaluated by a moving average model, and the
sharia equity funds performance in each market condition was evaluated by the Treynor index model.The result shows that the sharia equity funds performance can beat the market in bearish
market condition, but not in bullish and combined market conditions.However, each sharia equity fund exhibits different performance. Knowing the performance of sharia equity funds in various market conditions will benefit the investors, as they can set up new strategies in managing their portfolio to generate more profits in the
future. |
format |
Article |
author |
Marsono, A. Dewantoro |
author_facet |
Marsono, A. Dewantoro |
author_sort |
Marsono, A. Dewantoro |
title |
Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
title_short |
Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
title_full |
Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
title_fullStr |
Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
title_full_unstemmed |
Sharia equity funds performance throughout bullish and bearish market in Indonesia stock exchange |
title_sort |
sharia equity funds performance throughout bullish and bearish market in indonesia stock exchange |
publisher |
Islamic Business School |
publishDate |
2017 |
url |
http://repo.uum.edu.my/24155/1/IJIB%202%202%202017%2064-78.pdf http://repo.uum.edu.my/24155/ http://www.ijib.uum.edu.my/index.php/vol-2-issue-2-2017/ijib-vol-2-no-2-dec-2017-64-78 |
_version_ |
1644283980086771712 |
score |
13.15806 |