PENGARUH TOTAL ASSET TURN OVER, RETURN ON ASSET DAN RETURN ON EQUITY TERHADAP ACCUMULATION DISTRIBUTION LINE

Fundamental and technical analysis is used by analysis to predict the trend ofstock price and trading volume. Studies conducted aimed to determine the effect of fundamental analysis to technical analysis. Combining two forms of analysis can produce a more accurate prediction of the stock price movement of listed cement companies in Indonesia Stock Exchange. Research experts indicate that the fundamental and technical analysis can be used independently with the ability to predict stock price movements. This study combines both analysis in a model that can provide a more robust predictive capability in the Company's share price movements of cement. Fundamental analysis is the economy wide scope, one of the predictions of financial performance. In this study the total asset turnover, return on assets and return on equityto determine which stocks are pretty good. While technical analysis is usedaccumulation distribution line that has a better ability to predict future stock prices because the data contained technical stock price and trading volume to determine when to buy and sell momentum. These results indicate that the total asset turnover, return on assets and return on equity significantly influence the accumulation distribution line. While the individual that the return on equity has no significant effect. The results of this study are expected to improve knowledge for the readers, especially investors in order to obtain optimal benefits.

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Analisis Fundamental dan Teknikal terhadap Harga Saham pada Perusahaan Utilitas dan Transportasi

E-Jurnal Akuntansi ◽

10.24843/eja.2021.v31.i02.p19 ◽

2021 ◽

Vol 31 (2) ◽

pp. 499

Author(s):

Christina Christina ◽

Sulastri Halim ◽

Valentina Angrensia ◽

Arie Pratania Putri

Keyword(s):

Stock Price ◽

Trading Volume ◽

Technical Analysis ◽

Fundamental Analysis ◽

Current Ratio ◽

Book Value ◽

Asset Turnover ◽

Equity Ratio

The purpose of this research is to known if fundamental and technical analysis could affect the price of stock. Furthermore each of analysis have several factor to determine the stock price, as for fundamental analysis we will use current ratio, DER, and ROA while for the technical analysis we will use IHSG and trading volume. From the population of 69 company we pick 18 sample that suit the analysis, for the regression it will use multiply 5 because of the independent variabel. According to the partial research, there are only two factor that have significant impact to the price of stock, it is DER And ROA, as for the rest of the factor it don’t really affect the price. Simultaneously the five variabel shown the effect to the stock price according to result of adjused r square amount of 29.1% . From the variation of stock price according to the variabel such as CR, DER , ROA. IHSG and trading volume, while the rest 70.9% affected by other factor such as company asset turnover, price earning ratio and price book value. Keywords: Current Ratio; Debt to Equity Ratio; IDX Composite; Return On Asset; Stock Price; Trading Volume.

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PENGARUH INFORMASI AKUNTANSI TERHADAP HARGA SAHAM PADA PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2010-2011

Jurnal Manajemen dan Bisnis ◽

10.54367/jmb.v13i1.63 ◽

2017 ◽

pp. 15-22

Author(s):

Jonner Pangaribuan

Keyword(s):

Stock Market ◽

Stock Price ◽

Price Change ◽

Total Asset ◽

Return On Equity ◽

Book Value ◽

Food And Beverages ◽

Asset Turnover

Investors intentionally want to get profit contionously.In stock market profit is gained from price differnce of buying and seling price, besides dividend. Theoritical approach (fundamental approach it is concluded that stock price is influenced by accounting infornatio.. In this research it is intended to find out whether the four fundamental facorscan can explain the stock price change. The selected four fundamental factors are return on equity, debt equuity ratio , book value, dan total asset turnover..The result shows that the four fundamental factors can not explain the price change of Food and Beverages companies stocks.

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Faktor-Faktor yang Mempengaruhi Stock Price Pada Perusahaan Manufaktur di Bursa Efek Indonesia

Media Riset Bisnis & Manajemen ◽

10.25105/mrbm.v19i1.5354 ◽

2019 ◽

Vol 19 (1) ◽

pp. 1

Author(s):

Silvia Maryana Wijaya ◽

Henny Setyo Lestari

Keyword(s):

Stock Price ◽

Total Asset ◽

Manufacturing Companies ◽

Dividend Yield ◽

Dividend Payout ◽

Return On Equity ◽

Purposive Sampling ◽

Turnover Ratio ◽

Asset Turnover ◽

Equity Ratio

AbstrakTujuan– Penelitian ini bertujuan untuk menganalisis faktor-faktor penentu harga saham pada perusahaan manufaktur di Bursa Efek Indonesia untuk periode 2013-2017Desain/Metodologi/Pendekatan - Jumlah sampel yang diambil dalam penelitian ini ada 33 perusahaan dengan teknik pengambilan sampel yang digunakan adalah purposive sampling. Variabel dependen dalam penelitian ini adalah harga saham. Variabel independen adalah laba atas ekuitas, dividen per saham, laba per saham, rasio pembayaran dividen, rasio ekuitas utang, rasio total perputaran aset dan hasil dividen.Hasil – Hasil penelitian ini menunjukkan bahwa dividen per saham memiliki pengaruh positif signifikan terhadap harga saham. Rasio ekuitas hutang, rasio total perputaran aset dan hasil dividen memiliki pengaruh negatif yang signifikan terhadap harga saham. Pengembalian ekuitas, laba per saham, dan rasio pembayaran dividen tidak berpengaruh pada harga saham. AbstractPurpose –This study aimed to analyze of determinants of stock price on manufacturing companies in Indonesia Stock Exchange for the period of 2013-2017Design/Methodology/Approach: The number of samples taken in this study there are 33 companies with sampling technique used was purposive sampling. Dependent variable in this research is stock price. The independent variables are return on equity, dividend per share, earning per share, dividend payout ratio, debt equity ratio, total asset turnover ratio and dividend yield.Finding –The results of this research indicate that the dividend per share has a significant positive effect on stock price. Debt equity ratio, total asset turnover ratio and dividend yield have significant negative effect on stock price. Return on equity, earning per share, and dividend payout ratio doesn’t have effect on stock price.

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Pengaruh Biaya, Produktivitas Aktiva dan Struktur Modal dalam Meningkatkan Profitabilitas Perusahaan

Binus Business Review ◽

10.21512/bbr.v1i2.1097 ◽

2010 ◽

Vol 1 (2) ◽

pp. 496

Author(s):

Muhammad Yusuf

Keyword(s):

Capital Structure ◽

Positive Outcome ◽

Total Asset ◽

Working Capital ◽

Return On Assets ◽

Return On Equity ◽

Negative Results ◽

Operating Margin ◽

Asset Turnover ◽

Operating Leverage

This study examined the effect of cost, productivity of assets and capital structure of an automotive company's profitability. This study focuses on the productivity of assets which include factors such as operating leverage, sales, inventory turnover, net working capital, liquidity, receivable collection, fixed asset ratio, and total asset turnover. Capital Structure includes the degree of financial leverage. Profitability factor in this study includes operating margin, return on assets and return on equity. Sample used are 45 automotive industry companies who have registered and still active until December 31, 2009. The statistical methods used in this research are classical assumption test, f test and t test. This study indicates that inventory turns, liquidity, receivable collections and, the ratio of fixed assets have a negative outcome to the total asset turnover, while net working capital has a positive outcome. Operating margin and total asset turnover both have positive values that have an impact on return on assets. Capital structure and degree of operating leverage both have negative results on the turnover of capital, while return on assets have positive results.

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Determinan Internal Harga Saham Perusahaan Bumn Non Bank yang Terdaftar di Bursa Efek Indonesia

Jurnal ULTIMA Accounting ◽

10.31937/akuntansi.v10i2.976 ◽

2019 ◽

Vol 10 (2) ◽

pp. 124-137

Author(s):

Endri .

Keyword(s):

Capital Market ◽

Stock Prices ◽

Return On Investment ◽

Stock Price ◽

Total Asset ◽

Current Ratio ◽

Return On Equity ◽

The Public ◽

Asset Turnover ◽

Inventory Turnover

The capital market is a place for companies to raise capital by offering shares to the public. Fundamental analysis believe that the performance of the company issuing the shares will greatly affect a company's value. By By Keputusan Menteri Badan Usaha Milik Negara Nomor: KEP-100/MBU/2002 has set the terms of the provisions of the company's performance seen over the soundness of State-Owned Enterprises.The results showed (1) Return On Equity (ROE) partially has a positive and significant impact on stock prices, (2) Return on Investment (ROI) partially has a negative and significant impact on stock prices, (3) Cash Ratio partially has a positive and significant impact on stock prices, (4) Current Ratio partially has a positive and significant impact on stock prices, (5) Collection Periods (CP) partially has a negative and significant impact on stock prices, (6) Inventory Turnover (PP) partially has a positive and significant impact on stock prices, (7) Total Asset Turnover (TATO) partially has a negative and significant impact on stock prices, (8) Total Equity against Total Assets (TMS against TA) partially have positive and significant impact on stock prices, and (9) Return on Equity (ROE, Return on Investment (ROI), Cash Ratio, Current Ratio, collecti on Periods (CP), Inventory Turnover (PP), Total Asset Turnover (TATO) and Total Equity Against TA (TA TMS) have a simultaneous effect on on stock price. Keywords: Stock prices, financial performance, data panel regression model, State-Owned Enterprises

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The Integration of Fundamental and Technical Analysis in Predicting the Stock Price

Jurnal Manajemen Maranatha ◽

10.28932/jmm.v18i2.1611 ◽

2019 ◽

Vol 18 (2) ◽

pp. 93-102

Author(s):

Isnaini Nuzula Agustin

Keyword(s):

Stock Returns ◽

Stock Price ◽

Stock Exchange ◽

Predictive Ability ◽

Technical Analysis ◽

Fundamental Analysis ◽

Analysis Model ◽

Integration Model ◽

Dividend Payout ◽

Return On Equity

Fundamental Analysis and Technical Analysis have long been used by investors as an analysis instrument to predict the stock price in gaining optimal return. The purpose of this study is to test the predictive ability of Fundamental Analysis and Technical Analysis model partially, then simultaneously test the integrated model of both analysis. The scope of this study includes the listed companies in LQ 45 stock exchange during 2007- 2016 period. The Fundamental Variable used in this study are Earning per Share (EPS), Dividend Payout Ratio (DPR) and Return on Equity (ROE). The Technical Variable used is the price during the previous six months ( price t-0.5), Positive extreme price increase (D-Up), and Negative extreme price decline momentum (D-Down). The result of this study shows that Technical Model produces highest predictive ability compared to the other two models, while Integration model produces higher predictive ability compared to fundamental model. Using Integration model, EPS variable affects positively and significant, DPR variable affects negatively and insignificant, ROE variable, t-0.5, and D-Up affect positively and significant, while variable D down affects negatively and insignificant to the Stock Price. This result indicates that investors need to combine both analysis models i.e. fundamental and technical to generate optimal stock returns. Keywords and phrase : Earning Per Share, Dividend Payout Ratio, Extreme Positive Momentum, Extreme Negative Momentum.

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ANALISIS FAKTOR YANG MEMPENGARUHI TINGKAT INITIAL RETURN (STUDI PADA PERUSAHAAN NON KEUANGAN YANG TERMASUK DALAM INDEKS SAHAM SYARIAH INDONESIA YANG MELAKUKAN INITIAL PUBLIC OFFERING PADA TAHUN 2012-2016)

Jurnal Ekonomi Syariah Teori dan Terapan ◽

10.20473/vol5iss20185pp379-394 ◽

2019 ◽

Vol 5 (5) ◽

pp. 379

Author(s):

Dhedi Widihartanto ◽

Ari Prasetyo

Keyword(s):

Initial Public Offering ◽

Firm Size ◽

Stock Price ◽

Financial Information ◽

Stock Index ◽

Total Asset ◽

Return On Equity ◽

Initial Return ◽

Asset Turnover ◽

Equity Ratio

Iinitial return is a positive return that investors get from underpricing conditions where there is a positive difference between the stock price in the secondary market and the stock price in the primary market on the first day of trading on the stock exchange.This research tries to examine the influence of financial information (Return on Equity, Debt to Equity Ratio, Total Asset Turnover and Price Earning Ratio) and non financial information (offered stock percentage and firm size) on initial return. The sample for this research are 44 non financial firm that include in Indonesia Sharia stock index (ISSI) during period of 2012-2016. This research use multiple regression as analytical methods.The results of this research indicate that financial information (Return on Equity, Debt to Equity Ratio, Total Asset Turnover, Price Earning Ratio) and non-financial information (offered stock percentage and firm size) provide no significant effect on the initial return either partially or simultaneously

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PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal Fokus Manajemen Bisnis ◽

10.12928/fokus.v9i2.1560 ◽

2020 ◽

Vol 9 (2) ◽

pp. 206

Author(s):

Made Galih Wisnu Wardana ◽

Muhammad Ali Fikri

Keyword(s):

Real Estate ◽

Stock Price ◽

Stock Exchange ◽

Sampling Technique ◽

Total Asset ◽

Net Income ◽

Return On Assets ◽

Current Ratio ◽

Asset Turnover ◽

Equity Ratio

This research aims to determine the effect of liquidity ratio (CR), solvency ratio (DER), profitability ratio (ROA), and activity ratio (TATO) on the Stock Price. The object that is used in this research are property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017. The population in this research is a whole of property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017 were 48 companies. The sampling technique is used purposive sampling with several criteria, namely property and real estate sub sector companies listed in Indonesia Stock Exchange year 2015-2017, companies that submit financial reports during the research period, and companies that have positive net income report. The number of samples that fit the criteria were 34 companies. Data were analyzed by using data regression analysis with Eviews 6 software. The results of this research showed that current ratio, debt to equity ratio and total asset turn over are partially have positive and not have significant effect on the stock price, while return on assets have negative and not have significant effect on the stock price. Simultaneously that the current ratio, debt to equity ratio, return on assets and total asset turnover not have significant effect on the stock price. R-square value of 0.019 indicates that the ability of the current ratio, debt to equity ratio, return on assets, and total asset turnover while explaining the Stock Price is 1.9%, and the 98.1% is explained by other variables which not contained in this research.

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PENGARUH KINERIA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN PERKEBUNAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal Manajemen dan Bisnis ◽

10.54367/jmb.v11i1.116 ◽

2017 ◽

pp. 37-65

Author(s):

Peran Simanihuruk

Keyword(s):

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Share Price ◽

Total Asset ◽

Debt Ratio ◽

Current Ratio ◽

Return On Equity ◽

Asset Turnover ◽

Plantation Company

Indonesia country has a comparative advantage in producing oil, so the master sizeable international market for many commodities such as cocoa, rubber, tea, coï¬‚ee, pepper, vanilla, copra, crude palm oil, essential oils, tobacco and areca nut. In 2008, the stock price of the entire plantation companies listed on the Indonesia Stock Exchange (IDX) down. In 2009, there is one company that its stock price fell, while in 2010 there were two companies that share price fell. So the research problem is: "Is the ï¬nancial performance (current ratio, debt ratio, total asset turnover, and return on equity) have a signiï¬cant effect on the stock prices of plantation companies listed on the Stock Exchange?". The research hypothesis is "ï¬nancial performance (current ratio, debt ratio, total asset turnover, and return on equity) have a signiï¬cant eï¬ct on the stock prices of plantation companies listed on the Stock Exchange". This study aims to identify and analyze the effect of the ï¬nancial performance of the stock price on the plantation company listed on the Stock Exchange. Beneï¬ts of the research is to add insight and knowledge of the author about the impact the ï¬nancial performance of the stock price. Population were all plantation companies listed on the Stock Exchange in 2007 - 2010 by 7 companies. This population as well as sample. Data collected through the techniques required documentation. The data analysis technique used is multiple linear regression. From the analysis, it was concluded that the value of 12.5314-4 Fhitung with probability 0.000015, so H0 is rejected. That is, ï¬nancial performance (current ratio, debt ratio, total asset turnover, and return on equity) to simultaneously have a signiï¬cant ejfect on stock prices on the plantation company listed on the Stock Exchange, may be accepted at a signiï¬cance level of 5 percent. judging from the t test, it was concluded that the current ratio, total asset turnover, and return on equity signiï¬cantly partial to the stock price. the debt ratio is partially signiï¬cant eï¬‚%ct on stock prices, can be accepted at a signiï¬cance level of5 percent. The diversity of the dependent variable, ie stock prices can be explained by a variety of independent variables, namely ï¬nancial performance (current ratio, debt ratio, total asset turnover and return on equity) of 68.5473 per cent, while 31.4527 percent is explained by other factors. Judging from the regression coeï¬‚icient values, it is known that thecurrent ratio, total asset turnover and return on equity have a positive ejfect on stock prices. Iudging from the regression coeï¬‚icient values, it is known that the debt ratio negatively aï¬ect the stock price. Iudgingfrorn the regression coeï¬‚icient values, it is known that the debt ratio contributed most to the stock price. Advice given consi. on to the investors and other researchers are better, investors or prospective investors to consider th rent ratio, debt ratio, total asset turnover and return on equity ï¬rms in investing in plantation companies listed on the Stock Exchange, making proï¬table investment decisions made .

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ANALISIS PENGARUH RETURN ON ASSET (ROA), RETURN ON EQUITY (ROE), EARNING PER SHARE (EPS), DAN PRICE EARNING RATIO (PER) TERHADAP HARGA SAHAM YANG KONSISTEN LISTING PADA JAKARTA ISLAMIC INDEX (JII)

Journal of Enterprise and Development ◽

10.20414/jed.v1i02.973 ◽

2019 ◽

Vol 1 (02) ◽

pp. 34-50

Author(s):

Muhammad Muhajir Aminy

Keyword(s):

Stock Prices ◽

Stock Price ◽

Return On Assets ◽

Return On Equity ◽

Simultaneous Test ◽

Panel Data Regression ◽

Data Regression ◽

Price Movements ◽

Dominant Influence ◽

Stock Price Movements

This article discusses the influence of the company's financial ratios, namely Return On Assets (ROA), Return on Equity (ROE), Earning Per Share (EPS), and Price Earning Ratio (PER) to stock price movements listed on Jakarta Islamic Index (JII) during 2008 until 2012. This study uses a quantitative approach with panel data regression analysis method. Companies studied were 8 companies. Conclusions of this study are all variables studied affect the movement of stock prices since in a simultaneous test with the value of Prob. F < alpha (0,05) and adjusted R-Squared value is 0,9709. While in partial test, EPS and PER are the only variables which have impact on stock price movements. Variable that has a dominant influence on stock prices is EPS with regression coefficient of 1,206877. Penelitian ini membahas pengaruh rasio-rasio keuangan perusahaan, yaitu Return On Asset (ROA), Return On Equity (ROE), Earning Per Share (EPS), dan Price Earning Ratio (PER) terhadap pergerakan harga saham perusahaan yang listing pada Jakarta Islamic Index (JII) pada tahun 2008 hingga 2012. Penelitian ini menggunakan pendekatan kuantitatif dengan metode analisis regresi data panel. Perusahaan yang diteliti berjumlah 8 perusahaan. Kesimpulan dari penelitian ini adalah seluruh variabel yang diteliti berpengaruh terhadap pergerakan harga saham dalam uji simultan dengan nilai Prob. F < alpha (0,05) dan nilai adjusted R-Squared sebesar 0,9709. Sementara dalam uji parsial, hanya variabel EPS dan PER yang memiliki pengaruh terhadap harga saham. Variabel yang memiliki pengaruh dominan terhadap harga saham adalah EPS dengan koefisien regresi sebesar 1,206877.

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