Hendrawaty, Ernie and Azhar, Rialdi and Kesumah, Fajrin Satria Dwi (2023) The Prospect and Volatility of Stock Prices in Aviation Business. In: Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA (International Symposia in Economic Theory and Econometrics, Vol. 33B). International Symposia in Economic Theory and Econometrics, 33B . Emerald Publishing Limited, pp. 53-62. ISBN 978-1-83797-285-2

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Abstract

The aviation business has had a difficult time due to the COVID-19 pandemic in the past year. As a result, people worldwide are limited to travel which causes a decrease in turnover from a business in the transportation sector, particularly aviation. This condition, indeed, also affects the company’s stock price. This study examines the volatility of stock prices as an initial indication of what has happened and looks at future projections. The method used in this study is the autoregressive integrated moving average (ARIMA) in achieving research objectives. The findings found that the autoregressive combined moving average on AR1 and MA1 can show conditions based on past data and predict the projection of its volatility. The aviation business is still considered to survive with daily stock prices that are relatively positive and stable for the next upcoming period.

Item Type: Book Section
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Depositing User: Fajrin Satria Dwi Kesumah
Date Deposited: 06 Nov 2023 03:16
Last Modified: 06 Nov 2023 03:16
URI: http://repository.lppm.unila.ac.id/id/eprint/52748

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