Correlation Analysis Between the Number of Confirmed Cases of COVID-19 and Stock Trading in Indonesia

DOI

10.2991/acsr.k.220202.030How to use a DOI?

Keywords

Impact of COVID-19; K-Means; Pearson correlation test; Stock clustering

Abstract

The COVID-19 pandemic has impact in every sector of life. Studies of the impact of the COVID-19 pandemic on stock trading are also being developed in Indonesia regarding to the number of industries affected by the pandemic. This research aims to provide information about the results of the correlation analysis between the number of confirmed cases of COVID-19 in Indonesia and the volume of stock transactions in Indonesia. From 600 stocks in Indonesia, all of them can be clustered into three cluster based on their transaction volume using K-Means clustering. Then correlation test is done between confirmed case of COVID-19 in Indonesia and the transaction volume of stocks in Indonesia synchronously. The result of this research indicate which stock transaction volumes have a positive correlation and which have a negative correlation with confirmed cases of COVID-19 in Indonesia in the appropriate time. Or it can be said that the number of confirmed cases of COVID-19 in Indonesia is increasing, does not causing stock transactions in Indonesia decrease, but stock transactions in Indonesia is also increasing.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Dinagusti Sianturi
AU  - Alvida Rukmi
PY  - 2022
DA  - 2022/02/08
TI  - Correlation Analysis Between the Number of Confirmed Cases of COVID-19 and Stock Trading in Indonesia
BT  - Proceedings of the  International Conference on Mathematics, Geometry, Statistics, and Computation (IC-MaGeStiC 2021)
PB  - Atlantis Press
SP  - 156
EP  - 162
SN  - 2352-538X
UR  - https://doi.org/10.2991/acsr.k.220202.030
DO  - 10.2991/acsr.k.220202.030
ID  - Sianturi2022
ER  -