The Analysis of Financial Ratios Effect on the Stock Price of Consumer Goods Sector Companies Listed in Kompas100 Index

Abstract

This research aims to discern the effect of financial ratios on the stock price of Consumer Goods Industry Sector Companies listed in Kompas 100 Index on 2013-2019 period, partially or simultaneously. The financial ratios analyzed in this research are: Current Ratio (CR), Net Profit Margin (NPM), Return on Equity (ROE) and Dividend Yield (DY). The research population is the Consumer Goods Industry Sector Companies listed in Kompas 100 Index on 2013-2019 period. There are 5 Consumer Goods Industry companies used as the research sample by applying the purposive sampling method. This research uses documentation as the collection data technique as well as a panel data as the data analysis technique. This research shows that NPM variable has a partially positive relationship on the stock price, ROE has a positive relationship on the stock price at a confidence level of 90 percent, while CR and DY have no effects on stock price. The CR, NPM, ROE and DY variables influence the stock price simultaneously. CR, NOM, ROE and DY variables can explain the stock price on the Consumer Goods Industry Sector companies listed in Kompas 100 Index at 98,38%.

Prediction of stock prices with automated reinforced learning algorithms

“…This implies that for each stock the covariate shifts occurred at different times and therefore no optimal time interval n could be specified for all stocks. This may be due to the fact that stock prices can also be affected by individual factors, as has been shown in some studies such as those by Velankar et al (2017) or Imansyah and Mustafa (2021).…”

Pengaruh Likuiditas, Leverage, Perputaran Asset Terhadap Harga Saham Melaui Profitabilitas Sebagai Variabel Intervening

“…Dengan adanya kemungkinan ini, investor mungkin saja berhati-hati dalam memilih rasio apa saja yang akan menjadi pertimbangan sehingga ada kemungkinan investor tidak memasukkan CR dalam pertimbangannya. Hal ini sejalan dengan penelitian (Imansyah & H. Mustafa, 2021;Indrayani et al, 2020;Zaenudin et al, 2021) berbeda dengan temuan dari (Hayati et al, 2019;Sitinjak et al, 2020). Leverage berpengaruh negatiftidak signifikan terhadap profitabilitas , memiliki nilai t-statistik sebesar 0.075486< 1,96 dan p-values 0.036465< 0,05 dengan path coeffisients -0.002753.…”

The analyze of LQ45 companies stock price in 2018-2020

“…So, investors can use the Return on Equity indicator as a consideration in choosing shares or investing their capital because this ratio shows that with improved management performance, the company can manage sources of operational financing funds effectively to generate net income so that the company' s shares are in great demand by investors. Imansyah & H. Mustafa (2021) found that Return on Equity only affects stock prices specifically for the banking sector with small capitalization values, while banks with large capitalization values have no effect. Takaful et al (2021) found that Return on Equity had no effect on stock prices in the mining sector.…”