Open AccessPERILAKU INVESTOR DI PASAR MODAL INDONESIA
Author(s) -
Sumani Sumani,
Christine Winstinindah Sandroto,
Indah Mula
Publication year - 2017
Publication title -
ekuitas (jurnal ekonomi dan keuangan)
Language(s) - English
Resource type - Journals
eISSN - 2548-5024
pISSN - 1411-0393
DOI - 10.24034/j25485024.y2013.v17.i2.2250
Subject(s) - portfolio , business , value (mathematics) , asset (computer security) , investment (military) , control (management) , asset allocation , capital market , investor profile , investment strategy , finance , financial economics , economics , behavioral economics , market liquidity , computer security , management , machine learning , politics , computer science , political science , law
The objective of this research is to classify thetype of individual investors in the Indonesia capital market. The purpose of classification is to provide an overview for securities firms about the profile of individual investors in the Indonesia capital market, this classification will also provide overview for individual investors on their investment habits, so they can encourage good trading habits and make the investor obtain good performance from the investment. From the profile, we provide guidelines to incorporate Behavioral Finance into asset allocation design which will better serve the investor’s best interest. The result shows that Indonesia individual investors tend to be irrational in investing, where they can be classified into two major groups: the first is the group confident big traders who have high confidence and high control, and the highest value of the portfolio. The second group which is loss averse group of small traders who have high confidence and high control, with a small value of portfolio.