Fit and forecasting Indonesia banking stock price during Covid-19 pandemic based on logistic differential equation system

Noviantri, Viska and Chandra, Andree Sulistio and Yuhani, Yusof (2023) Fit and forecasting Indonesia banking stock price during Covid-19 pandemic based on logistic differential equation system. In: Proceedings of the 2022 4th International Conference on E-Business and E-Commerce Engineering. 2022 4th International Conference on E-Business and E-Commerce Engineering, EBEE 2022 , 14 - 16 Dec 2022 , Plymouth, The United Kingdom. pp. 56-63.. ISBN 979-840070007-1 (Published)

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Abstract

Banks are financial service companies that play an important role in channeling finances to folks who want capital for micro, small and medium establishments. The increase in bankrupt companiesand unemployment in many sectors due to the uncertain condition during the Covid-19 pandemic will affect bank performancewhich may change their stock price dynamics. This study analyzes the stock price fluctuation in banking companies using a logistic differential equation model since the fluctuation changes rapidlyand has a nonlinear pattern. This model was finished by the fit and forecasting process; and completed by Mean Average PercentageError (MAPE) value to see how well the model captures the stock price fluctuation. Furthermore, the closing stock price during the pandemic of the four banks with the largest number of assets in Indonesia’s banking sectors is applied here to complete the fit and forecasting simulation. The results show that the MAPE average value of this model in the fit process is 6.331%. In other words, the logistic equation accurately represents banking stock price fluctuation. Next, the forecast process conducts to predict the stock price fluctuation for some periods. Thus, the fluctuation of stock prices in Indonesian banking during the Covid-19 pandemic can analyze further.

Item Type:	Conference or Workshop Item (Paper)
Uncontrolled Keywords:	Stock price fluctuation; logistic differential equation; Fit and forecasting; MAPE
Subjects:	Q Science > QA Mathematics
Faculty/Division:	Center for Mathematical Science
Depositing User:	PM Dr. Yuhani Yusof
Date Deposited:	27 Aug 2024 03:06
Last Modified:	27 Aug 2024 03:06
URI:	http://umpir.ump.edu.my/id/eprint/42449
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