Banking stock price movement and macroeconomic indicators: k-means clustering approach

This study investigates the price movement characteristics of banking issuers listed on the Indonesia Stock Exchange with macroeconomic indicators as an exogenous variable. By using the k-means clustering based on the monthly rate of return, banks are classified into three clusters, lower, middle, a...

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Auteurs principaux: Idah Zuhroh, Mochamad Rofik, Abdelghani Echchabi
Format: article
Langue:EN
Publié: Taylor & Francis Group 2021
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Accès en ligne:https://doaj.org/article/c891916058c24f3199d6214c35dbe53b
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