scholarly journals Pengaruh Rasio Keuangan dan Makro Ekonomi terhadap Harga Saham pada Perusahaan Sektor Consumer Goods di BEI

2021 ◽  
Vol 9 (4) ◽  
pp. 1633-1643
Author(s):  
Dhira Maulana
Keyword(s):  
Exchange Rate ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Ratio ◽  
High Level ◽  
Corporate Profits

This research examines the relation of financial ratio and macroeconomics to stock price. The financial ratios used in this research are the return on assets (ROA), debt to assets ratio (DAR), debt to equity ratio (DER), dan price earning ratio (PER). However, the macroeconomy uses inflation, Bank Indonesia rate, and exchange rate. The research sample uses secondary data such as annual reporting from consumer goods companies listed in Indonesia Stock Exchange (IDX). Twenty-eight companies were used as a sample in this research, using the purposive sampling technique. This research uses multiple regression analysis and uses SPSS 24.0 as a tool. This research shows that ROA, PER, and inflation had no significant influence on the stock price. On the other hand, DAR, DER, Bank Indonesia rate, and exchange rate significantly influenced the stock price. ROA does not have a significant influence on stock price can be caused by investors' view that ROA can be changed not only driven by corporate profits but can also be caused by the changes of corporate assets. So the decline in ROA does not always reflect a decrease in corporate profits but can be caused by an increase in corporate investments. PER does not have a significant influence on stock price can be caused by the high level of investor confidence in the prospects of consumer goods sector companies because the consumer goods sector contains companies that produce consumption needs. While inflation does not have a significant influence on stock price can be caused by the view of investors that inflation in the long term will not endanger the funds of investors who are in the capital market.

scholarly journals DETERMINANT ANALYSIS OF FINANCIAL RATIO ON STOCK RETURNS IN CONSTRUCTION COMPANIES REGISTERED AT INDONESIA STOCK EXCHANGE 2015-2019

2020 ◽  
Vol 2 (1) ◽  
pp. 67-80
Author(s):  
Muhammad Reza Alfianto Siregar ◽  
Pardomuan Sihombing
Keyword(s):  
Stock Returns ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Ratio ◽  
Construction Companies ◽  
Price Performance ◽  
Price Movements ◽  
Stock Price Movements

The growth of the construction sector in Indonesia has indirectly contributed to the growth in the performance of construction companies. This construction performance growth has an impact on stock price movements, apart from the influence of demand and supply of shares. The condition of fluctuating stock price movements requires investors to analyze financial statements before making investment decisions. To find out how the stock price performance can be done by measuring stock returns. In connection with these conditions, the purpose of this study is to analyze the effect of ROE, DER, CR, PBV and TATO on stock returns in construction companies listed on the IDX in 2015 - 2019. This research is included in the category of comparative causal research. The number of samples used in this study were 13 sample companies, with the sampling technique using purposive sampling. The type of data in this study is secondary data taken by the documentation method at Yahoo Finance. The data analysis method uses panel data regression analysis assisted by the Eviews 9.0 software. The results of the study partially show that ROE; DER, CR, PBV, and TATO have a positive and significant effect on stock returns. In addition, ROE, DER, CR, PBV, and TATO simultaneously have a significant effect on stock returns.

scholarly journals Financial Performance and Stock Price: Another Review on Banks Listed in Indonesia Stock Exchange

2021 ◽  
Vol 3 (1) ◽  
pp. 70
Author(s):  
Erlyta Agustine Noviyanti ◽  
Caecilia Wahyu Estining Rahayu ◽  
Christina Heti Tri Rahmawati
Keyword(s):  
Financial Performance ◽  
Significant Influence ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Capital Adequacy

Financial performance is an important factor to attract investors in buying stocks. This study aims to determine the influence of financial performance measured by Non-Performing Loan Ratio (NPL), Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), Debt to Equity Ratio (DER), Return on Assets (ROA), and Net Profit Margin (NPM) on price of stocks of banks listed in the Indonesia Stock Exchange (IDX) during 2014-2018. Of 43 banks, there were only 31 banks fit the criteria under purposive sampling technique. The data used in this study are secondary data obtained from the official website of Indonesia Stock Exchange (www.idx.co.id). Multiple linear regression analysis was applied for analyzing the data that were tested for classic assumptions. The results showed that simultaneously NPL, LDR, CAR, DER, ROA and NPM had significant influence on stock prices. Partially, the result showed that only ROA and NPM had a significant influence on stock prices. Banks must then focus mainly on ROA and NPM in attracting investors.

scholarly journals Penentu Harga Saham pada Perusahaan Terdaftar di Jakarta Islamic Index (JII)

2020 ◽  
Vol 17 (2) ◽  
Author(s):  
Ratna Ayu Widyastuti ◽  
Edi Susilo
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Return On Equity ◽  
Index Stock ◽  
Program Version

The research objective is to analyze the effect of Return on Equity (ROE), Earning per Share (EPS), Inflation, and Exchange Rates on the Jakarta Islamic Index stock price, 2015-2018. This research is a quantitative study, using secondary data published on the Indonesia Stock Exchange. There are 45 companies listed on the JII index which are made population. The sampling technique used purposive sampling, and there were 17 companies sampled, based on the criteria. Data analysis used multiple linear regression, with the SPSS program version 20. The results of the study, the variable Return on Equity (ROE) and Earning per Share (EPS) partially had a positive and significant effect on stock prices, while the Inflation variable and the exchange rate partially has no effect on stock prices. Simultaneously, Return on Equity (ROE), Earning per Share (EPS), Inflation, and Exchange Rate affect stock prices.

scholarly journals ANALISIS FAKTOR INTERNAL DAN EKSTERNAL PERUSAHAAN TERHADAP HARGA SAHAM SEKTOR CONSUMER GOODS INDUSTRY DI BURSA EFEK INDONESIA (BEI)

2020 ◽  
Vol 4 (1) ◽  
pp. 102-109
Author(s):  
Syahril Effendi ◽  
Baru Harahap
Keyword(s):  
Interest Rates ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Consumer Goods Industry

This study aims to determine the effect of a given return on equity, earnings per share, Inflation and Interest Rates on Stock Prices on the company's sector of consumer goods industry listed on the Indonesia stock Exchange. The population in this study consisted of 49 companies engaged in the sector of consumer goods industry listed in Bursa efek Indonesia (BEI). Sampling technique in this study using purposive sampling and there are 10 companies that meet the criteria for the selection of the sample. Financial Data in this research was obtained through IDX representative of Kepri. As for the inflation data and the interest rate is obtained from Central bureau of Statistics and Bank Indonesia. The research results of the F test show a significant influence of the mean return on equity, earnings per share, inflation and interest rates simultaneously have a significant influence on stock prices so that the regression model contained in this study deserve to be studied. Partially by t test obtained the result that variable return on equity and earnings per share have a significant effect on stock prices, while variable inflation and interest rates do not significantly influence the stock price

scholarly journals The impact of macroeconomic variable movements on stock price index performance in consumer goods industry sector companies: Evidence from Indonesia

2020 ◽  
Vol 14 ◽  
pp. 339-353
Author(s):  
Elegi Zuhri ◽  
Suskim Riantani
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Stock Price Index ◽  
Consumer Goods Industry ◽  
The Impact

This research essentially aims to examine the extent to which macroeconomic variables (including inflation, exchange rate, and interest rate) have a significant influence on stock price index and the level of significance for that influence. The researchers focused more on consumer goods industry companies that are listed on the Indonesian Stock Exchange (IDX) within 2015 until 2019, with consideration for the stock price of consumer goods companies listed on the Indonesia Stock Exchange (IDX) as claimed to be the most defensive stock. This study finds that inflation, exchange rate, and interest rate, as composite variables, have a significant influence on stock price index. A partial test revealed that inflation, and exchange rate have negative significant influence on stock price index, while interest rate is found to be nonsignificant.

scholarly journals PENGARUH KEPEMILIKAN INSTITUSIONAL, KOMPETENSI DEWAN KOMISARIS DAN KUALITAS AUDITOR PADA NILAI PERUSAHAAN

2017 ◽  
pp. 3379
Author(s):  
Cok Istri Ratna Sari Dewi ◽  
Ni Made Dwi Ratnadi ◽  
Maria M. Ratna Sari
Keyword(s):  
Firm Value ◽  
Stock Price ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Positive Effects

High firm value will increase the prosperity of shareholders. The higher the stock price, the higher the firm value could be. Generally investors will hand over its management to the professionals to achieve the company’s goal which is to increase the firm values. This study aims to examine the influence of institutional ownership, the competence of board of commissioners and the quality of auditor on firm values. The analyzed data is secondary data, taken from financial statements and annual reports of companies that listed in Indonesia Stock Exchange from 2012-2015. The sample selection determined by using purposive sampling technique, 48 companies were acquired. Multiple linear regression techniques were used to analyze the data. The results showed that institutional ownership, the competence of board of commissioners and the quality of auditor have positive effects on firm values.

scholarly journals PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP HARGA SAHAM PERUSAHAAN SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Ayu Puspitaningtyas, SE., MM.
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Return On Assets ◽  
Independent Variables ◽  
Equity Ratio ◽  
Test Result

<em>This study aims to determine the effect of debt to equity ratio and return on assets of stock price on food and beverages sector in Indonesia Stock Exchange. This study used secondary data, with samples 9 food &amp; beverages companies in Indonesia Stock Exchange during the study period 2016-2018. Independent variables in this study are debt to equity ratio and return on assets. This study used purposive sampling technique. The method of data analysis used multiple regression analysis. Based on results of the study, only debt to equity ratio have no significant effect on stock price. Meanwhile, the F test result shows that Debt to Equity Ratio and Return on Assets jointly have  effect on stock price.</em>

scholarly journals Analisis Efek Ramadhan Terhadap Abnormal Return dan Trading Volume Activity pada Perusahaan Yang Masuk dalam Jakarta Islamic Index (JII) di Bursa Efek Indonesia Periode 2014-2018

AL-TIJARY ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 37-47
Author(s):  
Ahmad Faih ◽  
Rohmatun Nafiah
Keyword(s):  
Significant Influence ◽  
Stock Price ◽  
Abnormal Return ◽  
Trading Volume ◽  
Price Index ◽  
Stock Exchange ◽  
Secondary Data ◽  
T Test ◽  
Volume Activity ◽  
Stock Price Index

This study is a study of events aimed at knowing the effects of Ramadhan, to companies listed on the Jakarta Islamic Index on the Indonesia Stock Exchange period 2014-2018, using abnormal return and trading volume activity indicators. This study uses secondary data in the form of daily stock price index for the period 2014-2018 , Composite Stock Price Index (IHSG) and trading volume, with the population of companies entering the Jakarta Islamic Index on The Indonesian Stock Exchange , The statistical test used to test the hypothesis is the normality test, and the paired sample t-test. Result of T-test on Abnormal Return between year 2014-2018 know that there is no significant influence between Ramadhan month to abnormal return from year 2014 until 2018. While for T-test on trading volume activity between year 2014 until 2018 know that only in 2014, 2015, and 2017, 2018 there are significant influence which means the market responds to the event. The result of the test of Ramadhan event has the information even though it does not happen in every year of the research period, this is because Ramadhan is a routine event occuring in Indonesia so investors have been able to predict how the stock movemonts in Indonesia Stock Exchange.

scholarly journals Political Connection and Firm Value in Indonesia

2019 ◽  
Vol 3 (2) ◽  
pp. 1
Author(s):  
Versiandika Yudha Pratama ◽  
Doddy Setiawan
Keyword(s):  
Firm Value ◽  
Stock Price ◽  
Abnormal Return ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Sector ◽  
Political Connections ◽  
Political Connection ◽  
Cumulative Abnormal Return

<p>This is an event study aims to determine the influence of political connections to firm value as measured by cumulative abnormal return on non-financial sector companies listed in Indonesia Stock Exchange. This study used secondary data in the form of stock price and annual financial statement obtained the Indonesia Stock Exchange website, Indonesian Capital Market Directory, and other relevant sources. In sampling technique, purposive sampling method is used where 272 non-financial sector companies are selected. The data is examined by using multiple linear regression to measure the influence of political connections on firm value. The findings of this study revealed that political connections have an effect on firm value as measured by cumulative abnormal return on non-financial sector companies listed in Indonesia Stock Exchange.</p>

scholarly journals Analysis of the Return and Risk of Investment in Insurance Companies Listed on the Indonesia Stock Exchange

At-Taqaddum ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 57-72
Author(s):  
Aizzah Sifaur Robbyah ◽  
Ferry Khusnul Mubarok ◽  
Rahman El Junusi ◽  
Rofiul Wahyudi
Keyword(s):  
Exchange Rate ◽  
Return On Investment ◽  
Inflation Rate ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Insurance Companies ◽  
Risk And Return ◽  
Foreign Currencies ◽  
High Level ◽  
Level Of Risk

The return and risk of stock investment have a high level of volatility because it depends on fundamental and technical conditions and the influence of micro and macro variables. This study aims to determine the risk and return on investment in insurance companies and analyze the effect of macroeconomic variables on the level of risk and return on investment in insurance companies. The sampling technique used was purposive sampling.  Data analysis shows that for three years, Asuransi Jasa Tania Tbk has the highest level of conclusion, which is 22.3%, and Asuransi Harta Aman Pratama Tbk. has the lowest rate of -3.3%. For three years, the value of Gross Domestic Product has increased successively so that this will cause a stock return that is proportional to the level of risk that will be faced. Changes in the inflation rate up and down for three consecutive years have a different effect every year where when the inflation rate decreases, the rate of return on investment will be high. In addition, the interest rate decreased from 4.75% in 2016 to 4.25% in 2017. Then it increased to 6.00% in 2018. The Rupiah exchange rate against the dollar is getting weaker, indicating an increase in the exchange rate. Every year from 2016 to 2018. When the rupiah exchange rate weakens, people will choose to invest in foreign currencies because the value of these foreign currencies can determine the size of the risk of a business.

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