Friday, March 27, 2009

Internal and External Factor

Indonesia Stock Exchange (IHSG) as part of the world's capital markets continue to develop its own right. And as the investment vehicle, the financier invested also come from many nations, not only domestic investors. The impact of all the systematic risk (systematic risk) for the Indonesian Capital Market also be increased. If only first in the country's economic policies such Bank Rate, political and economic reference into systematic risk, is now no longer as Indonesia Capital Market is the world.

In other words, systematic risk in the Indonesian capital market now is not only come from within the country only, mortgage in America shock that occurred in the last example is a global exchange real stock price correction due to external factors.

Before investing a good capitalist should first understand the risk that problems may be encountered. Related to this risk, at least, there are two categories of risk must be understood for a capitalist market share in the unsystematic risk and systematic risk. Unsystematic risk is the risk that arises from the body of the company itself, for example, related to the company's operational, financial reports and company performance. Risk is also often called risk factors because internal. When the decrease in stock prices, companies have the ability to improve, for example, to improve the performance of the company. If the company is experiencing a failure in producing goods or services by itself can be improved, for example, by making corporate action. This is surely because the company can be done in the unsystematic risk is only associated with the business risk and financial risk from internal company.



While the systematic risk is the risk that arise because of factors outside the company, for example because of policy, market conditions, psychological aspects. Systematic risk in the management of this company at all or can not do anything because it comes from factors outside of the company. Included in this systematic risk is market risk, bank rate risk and liquidity risk.


Many of the risk as it is said that the risk is influenced by external factors. Because the operational factor despite external company to run well, and stock prices there is no reason to go down but it's just the market reacts negatively because the emergence of psychological conditions that affect the market expectations on the stock.

Systematic risk associated with this, it seems many examples that we can ask for easy understanding of this risk. For example, when the social-political and economic systematically changes will also changes the result in a stock price correction. The fact, when the leadership changes in the country is suddenly torn stock prices react. Irrespective whether the changes positive or negative for the market, that conditions can be categorized as systematic risk of stock investment. Now, systematic risk is also not only come from within the country only because of local factors but also because of external influences such as that which occurs at this time due to U.S. economic un consistent cause investors to be cautious in investing.

0 Comments: