Micro Macro Economics Fundamental Factors and Indonesia Stock Exchange Return

Abstract

Stock investment has an attraction for investors because with investments in the form of shares, investors have the expectation of obtaining profits in the form of capital gains or stock dividends. To take into account the risk factors and produce a maximum level of profit, the stock purchase decision-making process requires careful analysis when determining its market value. Thus, in deciding investment in the stock market, prospective investors must first conduct an in-depth analysis of the company whose shares will be purchased. The fundamental analysis concerns the projected condition of the company in the future by showing the present and past situations. This approach is used to assess the intrinsic value of these shares, and investors are used for investment over a long period. The data used in this research are 22 infrastructure issuers on the Indonesia Stock Exchange from 2015-2018. The data is then processed by the econometrics method using Eviews and Microsoft Excel software with a panel data regression model or pooled regression. Hypothesis testing shows that fundamental macro-micro factors jointly affect the stock returns on infrastructure companies listed on the Indonesia Stock Exchange

Fundamental Factor Analysis On Banking Stock Price In LQ45

“…Several previous studies that analyzed the effect of inflation on stock prices (Alam et al, 2020;Antono et al, 2019;Begawati, 2017;Mulyanto & Riyanti, 2020;Šimáková et al, 2019;Utomo et al, 2019), inflation has a negative and significant effect on stock prices. In contrast to the research conducted (Bertuah & Sakti, 2019;Yusfiarto, 2020;Zuhroh, 2020), it states that inflation has a positive and significant effect on stock prices.…”

“…Research (Bayu & Sumantri, 2020;Begawati, 2017;Herawati & Putra, 2018;Mohamed et al, 2021) shows the results that ROA has a significant positive effect on stock prices. While research (Abdulmannan & Faturohman, 2015;Febrianti, 2018;Rusdiyanto et al, 2020;Yusfiarto, 2020) shows the results that ROA has no significant effect.…”

“…Research (Begawati, 2017;Herawati & Putra, 2018) shows results that ROA has a significant positive effect on stock prices. While research (Abdulmannan & Faturohman, 2015;Febrianti, 2018;Yusfiarto, 2020) shows the results that ROA is not significant to stock prices. The ROE variable is JRAK 11.1 the ratio to measure the income achieved by company owners (both common stockholders and preferred stockholders) for the capital invested in the company (Kasmir, 2014).…”

Pengaruh Inflasi, Suku Bunga, Roa Dan Eps Terhadap Return Saham Perusahaan Sub Sektor Batu Bara

“…Peningkatan permintaan saham perusahaan akan berdampak pula pada peningkatan return yang diterima oleh para pemegang saham. Sejalan dengan penelitian Almira & Wiagustini (2020), Mayuni & Suarjaya (2018), Musallam (2018), Andyani & Mustanda (2018), Yusfiarto (2020…”

Inflasi dan Suku Bunga terhadap Return Saham Subsektor Perbankan Indeks KOMPAS100 2015 – 2019

“…PenelitianYunita & Robiyanto (2018) menjelaskan bahwa tidak ada keterkaitan antara suku bunga dipengaruhi oleh return saham. Hasil yang berbeda diungkap melalui peneltian Al-Abdallah (2017), Apriliany & Effendi (2019),Siregar & Sasongko (2016),Yusfiarto (2020) dan Balagobei (2017) yang menyampaikan adanya hubungan yang negatif signifikan. H3 : Diduga suku bunga berpengaruh terhadap return saham.Penelitian dapat dilihat untuk menguji pengaruh Inflasi, Suku Bunga terhadap Return Saham dengan PER dan PBV sebagai variabel kontrol.…”