Generalized Lambda Distribution: Application on Financial Performance Data in the Indonesia Stock Exchange

The generalized lambda distribution (GLD) is one of the statistical distributions that can be used for data matching. GLD is known to have a high level of flexibility so that it can create distributions with a variety of different forms. The aim of this study is to apply GLD to financial performance data of companies listed on the Indonesia Stock Exchange and also comparing the result with several probability distribution, such as normal, Weibull, lognormal and Gamma. The result shows that GLD gives the highest accuracy rather than other probability distributions in data matching.