Analisis Perbandingan Harga Saham dan Volume Perdagangan Saham antara Sektor Energi dan Sektor Siklis Konsumen (Consumer Cyclical)

Abstract

This study analyzes the compares of stock prices and TVA in the energy and consumer cyclical sectors on the IDX for companies that conducted IPO during the 21019-2023 period. Stock prices reflect company value, while TVA measures trading activity. Boyh sectors are sensitive to macroe conomic conditions and exhibit distinct sectoral characteristics. This research utilizes data from 21 energy and 49 consumer cyclical companies, analyzing stock prices and TVA at the time of IPO and post-IPO (Decesmber 30, 2024). The analytical methods employed include non-parametric test (Wilcoxon Signed Ranks and Mann-Whitney U) and a parametric test (Independent T-test).

The findings reveal a significant difference in the comparison of stock prices between the time of IPO and post-IPO in the consumer cyclical sector, as well as a significant difference in the comparison of post-IPO stock prices between the time of IPO and post-IPO in the energy sector, the comparison of stock prices at the time of IPO between the two sectors, and the comparison of TVA at the time of IPO and post-IPO between the two sector. The research result are useful for stock performance analysis for inveestment decisions.