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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Main Authors: | , , |
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Format: | article |
Language: | EN |
Published: |
Taylor & Francis Group
2021
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Subjects: | |
Online Access: | https://doaj.org/article/c891916058c24f3199d6214c35dbe53b |
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