To see the other types of publications on this topic, follow the link: Stock ratio.
Journal articles on the topic 'Stock ratio'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Stock ratio.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Rabbani, Muhammad Fadhil, and Harjum Muharam. "Value stock and growth stock on Indonesia stock exchange after global crisis." Diponegoro International Journal of Business 1, no. 1 (March 18, 2018): 8. http://dx.doi.org/10.14710/dijb.1.1.2018.8-13.
Full textAbstract:
This study was conducted to determine whether there are differences between the stock return of value stocks and growth stock in Indonesia before and after the world financial crisis that occurred in 2008. To investigate the difference, the stocks formed into a portfolio that is based on the 2002 calculated in 2002 and 2009 when the world financial crisis has ended. The formation of the portfolio based on stocks that have gone public before 2000 and have the complete data during the study period. For the determination of the categories of stocks used Price-to-Earnings ratio, price-to-book ratio and price-to-cash flow ratio. Shares of stock that has a very high ratio will be eliminate to avoid bias that may occur if the stocks are still included. Similarly, the stocks of which are negative because they do not meet the criteria as a value stock. Then ANOVA test conducted to determine differences in returns and Sharpe ratio on the portfolio which was formed in 2002 and in 2009. Results from this studies are not found differences in returns and Sharpe ratio on both the portfolio. This indicates that the formation of the portfolio by value stocks and growth stock can not be used as a guide to get a high return.
2
Zhang, Xiao-Jun. "Book-to-Market Ratio and Skewness of Stock Returns." Accounting Review 88, no. 6 (June 1, 2013): 2213–40. http://dx.doi.org/10.2308/accr-50524.
Full textAbstract:
ABSTRACT: This study demonstrates that stocks with low book-to-market ratios, also known as glamour stocks, have significantly more positive skewness in their return distributions compared to the return distributions of value stocks with high book-to-market ratios. The premium (discount) investors apply to these glamour (value) stocks also correlates significantly with the difference in return skewness. These findings suggest that the value/glamour-stock puzzle is partially explained by investor preference for positive skewness in stock returns. Such preference for skewness, which is consistent with investors having inverse S-shaped utility functions, is observed in such consumer behaviors as lottery purchases and gambling. This paper further documents significant predictive power of accounting-based measures, such as the book rate of return, with respect to the skewness of stock returns. Data Availability: Data are available from sources identified in the paper.
3
Catherine, Happy, and Robiyanto Robiyanto. "PERFORMANCE EVALUATION OF LQ45 STOCKS IN THE INDONESIA STOCK EXCHANGE DURING PERIOD OF 2016-2018." Journal of Management and Entrepreneurship Research 1, no. 1 (July 1, 2020): 37–44. http://dx.doi.org/10.34001/jmer.2020.6.01.1-4.
Full textAbstract:
Objective: This study investigates the performance evaluation of each LQ45 stock in the Indonesia Stock Exchange conducted by using the Sharpe Index, Treynor Ratio, Jensen Alpha, Sortino Ratio, and Information Ratio. Stocks evaluated are those that consistently listed in the LQ45 index during 2016-2018. Research Design & Methods: The number of samples used in this study was 32 stocks taken using a purposive sampling technique. The data used in this study are the monthly closing price of stocks, the composite stock price index, and the BI 7-day Repo Rate interest rate data. Findings: The results of this study show that not all stocks included in the LQ45 index have good performances. The results of this study show that BBCA stock is the best stocks based on Sharpe Index and Information Ratio. Based on the Jensen Alpha method and the Sortino Ratio, PTBA stock is the best stocks. As for the Treynor Ratio method, the best stock is INCO. Recommendations: There is a blemish in research for further research that is expanding the scope of research, not only companies included in LQ45. Future studies can analyze portfolios consisting of LQ45 stocks and updating periods because stock performance is cyclical. Contribution & Value Added: This research contributes to the analysis of LQ45 stock performance based on five methods including Sortino and Information Ratio that are rarely used and show differences in the results of the five stock performance indices.
4
Nalurita, Febria. "THE EFFECT OF PROFITABILITY RATIO, SOLVABILITY RATIO, MARKET RATIO ON STOCK RETURN." Business and Entrepreneurial Review 15, no. 1 (August 30, 2017): 73. http://dx.doi.org/10.25105/ber.v15i1.2080.
Full textAbstract:
This research performed in order to test influence of fundamental factor (ROA, DER and PER) on stock return both simultaneously and partially, on Property, Real Estate and Construction companies that listed in Indonesia Stock Exchange for period 2010-2014.<br />Secondary data is used and collected based on time series and cross section from 2010 up to 2014. The total study sample was 38 Property, Real Estate and Construction companies that is determined through purposive sampling. The research uses panel data regression model and processed with the EVIEWS 9 program. Hausman test used in this study shows Random Effect Model (REM) as data estimation technique.<br />The result of this research, the partial inferred Debt to Equity Ratio (DER)have significant effect on stock return. Return on Asset (ROA) and Price Earning Ratio (PER) don’t have significance effect on stock return. Result of this research indicate that fundamental factor performance Debt to Equity Ratio (DER) used by investor to predict stock return of Property, Real Estate and Construction companies that listed in Indonesia Stock Exchange at period 2010-2014.<br />Simultaneously the fundamental factors Return on Assets (ROA), Debt to Equity Ratio (DER) and Price Earning Ratio (PER) significantly effect the stock return on the Property, Real Estate and Construction companies.<br />The sample in this study only Property, Real Estate and Construction companies that only has a specification in the type of business sample firms, then the influence of the independent variables only describe the affect specifically on the Property, Real Estate and Construction sectors.
5
Bogdan, Siniša, Suzana Bareša, and Saša Ivanović. "Measuring liquidity on stock market: impact on liquidity ratio." Tourism and hospitality management 18, no. 2 (2012): 183–93. http://dx.doi.org/10.20867/thm.18.2.2.
Full textAbstract:
The purpose – It is important to emphasize that liquidity on Croatian stock market is low, the purpose of this paper is to test empirically and find out which variables make crucial role in decision making process of investing in stocks. Design – This paper explores the impact of various liquidity variables on liquidity ratio since it is still insufficiently researched topic. Methodology –This research uses secondary and primary data available from Croatian stock market. Considering primary data this paper use daily data from Zagreb stock exchange for 196 stocks traded in one year, with the purpose of finding the key variables that make up some stocks more attractive to investors. Liquidity is measured with Amihud's liquidity ratio, which shows the amount of capital sufficient to change price by 1%. Approach – With more than 61.035 input data, using the method of multiple regression, this paper examined the influence of different variables on the stock liquidity on Croatian capital market. Findings – Key findings of this paper indicate that size of firm measured by market capitalization, number of issued stocks and achieved volume affects liquidity ratio. This paper uses multiple regression, and correlation matrix to show dependence among liquidity variables. There is strong correlation coefficient among liquidity variables and liquidity ratio, results are statistically significant. The originality of this research – The originality of this work rises from the obtained research results and the fact that this is first paper that studies problem of stock liquidity on Croatian capital market.
6
Sari, Eka Maya, and Tri Gunarsih. "Apakah Kinerja Saham Syariah Lebih Baik Dibandingkan Saham Non-Syariah pada Tahun 2018-2019?" Telaah Bisnis 21, no. 1 (April 16, 2021): 57. http://dx.doi.org/10.35917/tb.v21i1.202.
Full textAbstract:
There are two considerations that investors need to notice if they want to invest in the capital market, namely, return and risk. An investor needs to diversify to gain benefits and minimize risk by forming the optimal stock portfolios. This research analyzes the differences between Islamic stock (based on JII) and non-Islamic stock (based on LQ45) stock portfolio investment using the single index model. The samples were consistently listed on the JII and LQ45 stock indices in January 2018-December 2019. There are 35 stocks for the LQ45 stock index and 25 stocks on the JII stock index. Sharia stocks' optimal portfolio comprises three stocks, while the optimal portfolio of non-Islamic stocks shall consist of four stocks. The Independent Sample T-Test was implemented to analyze the differences between the Islamic (JII) and non-Islamic (LQ45) optimal stock portfolios based on the Sharpe Ratio, Jensen Ratio, and Treynor Ratio. The results show that there is no significant difference between Islamic and non-Islamic stocks.
7
Soraya, Elly, and Anis Lutfiati. "PENGARUH DEVIDEN PAYOUT RATIO, LEVERAGE, DAN SUKU BUNGA TERHADAP BETA SAHAM." Kinerja 3, no. 1 (March 4, 2021): 139–48. http://dx.doi.org/10.34005/kinerja.v3i1.1283.
Full textAbstract:
This study aims to determine the effect of Dividend Payout Ratio (DPR), Leverage, and Interest Rates on Stock Beta in stocks listed on the Jakarta Islamic Index for the 2013-2019 period. The object of this research is the stocks that are consecutively included in the top 30 during the 2013-2019 period and always publish annual financial reports, namely 10 companies that are sampled. The results of this study indicate that simultaneously the dividend payout ratio (DPR), Leverage, and Interest Rate variables have a significant effect on Stock Beta. Partially Payout Ratio (DPR), Leverage, and Interest Rate have a significant effect on Stock Beta. The coefficient of determination (R Square), Dividend Payout Ratio (DPR), Leverage, and Interest Rate on Stock Beta is 41%. This shows that the Dividend Payout Ratio (DPR), Leverage, and Interest Rate can explain 41% of Stock Beta, while the remaining 59% is influenced by other factors.
8
Li, George. "Growth options, dividend payout ratios and stock returns." Studies in Economics and Finance 33, no. 4 (October 3, 2016): 638–59. http://dx.doi.org/10.1108/sef-08-2015-0195.
Full textAbstract:
Purpose This paper aims to examine the impact of the dividend payout ratio on future stock returns and momentum strategies. Design/methodology/approach The author uses the portfolio sorting approach used in the momentum literature to examine this impact. Findings First, the author shows that the returns for the winner stocks tend to be the largest if no dividends are paid and then decrease with the dividend payout ratio; the returns for the loser stocks tend to have an inverted U-shaped relationship with the dividend payout ratio, but the zero-dividend loser stocks have the smallest return; and the returns for the stocks between the winners and the losers tend to remain similar, regardless of the dividend payout ratio. Second, the author shows that momentum profit is the largest for the stocks that do not make dividend payment but appear similar for the stocks that pay dividends. The author's empirical findings imply that stock price momentum is a function of the dividend payout ratio, growth stock momentum tends to be much stronger than value stock momentum and no-dividend stock momentum beats dividend stock momentum. In fact, when the dividend payout ratio is considered, momentum profit can be improved by up to 63 per cent. Originality/value This paper is the first one to examine the impact of dividend payout ratios on future stock returns and momentum profit, and it obtained many interesting empirical results. In addition, unlike most studies in the momentum literature that use behavioral theory to explain empirical findings, this paper uses the growth option idea to present a rational explanation for the empirical results in this paper.
9
Ramadani, Suci, Sri Mulyati, and Icih Icih. "PENGARUH DIVIDEN PAYOUT RATIO, FINANCIAL LEVERAGE DAN PROFITABILITAS TERHADAP BETA SAHAM." TSARWATICA (Islamic Economic, Accounting, and Management Journal) 1, no. 01 (July 12, 2019): 29–44. http://dx.doi.org/10.35310/tsarwatica.v1i01.79.
Full textAbstract:
Jakarta Islamic Index is an index comprised of stocks that meet various criteria sharia. Islamic stocks beta is a measure of the risk of the shares belonging to sharia. This study aims to examine and determine the influence of fundamental factors to Islamic stock beta.
Object of this research is the company that makes the Jakarta Islamic Index years 2011-2013, with purposive sampling technique gained 12 companies as the study sample. The independent variabel in this study is dividend payout ratio (DPR), financial leverage (FL) and profitability. This research using multiple regression analysis to test the hypotesis.
Result showed that the variables dividen payout ratio has no effect on beta Islamic stock. Variable financial leverage and profitability variables significant positive effect on beta Islamic stock. Simultaneous dividen payout ratio, financial leverage and profitability significantly to the beta having an Islamic stock
10
Abd-Alla, Mustafa Hussein. "COVID-19 crisis as a systematic risk: an empirical study in the egyptian stock market." Journal of Financial Studies 5, no. 9 (November 15, 2020): 94–108. http://dx.doi.org/10.55654/jfs.2021.5.9.08.
Full textAbstract:
"This paper examines the ability of beta (β) to measure the systematic risks posed by the COVID-19 crisis and analyzes the impact of the COVID-19 crisis on stock returns for a sample of 50 stocks, grouped on the basis of size and value in the Egyptian Stock Market. CAPM beta of the stock was used to represent the systematic risk stocks, market capitalization was used to construct the large and small stocks portfolios and the book-to-market equity ratio was used to construct high medium and small portfolios. The results showed that systematic risks measured by beta increased after COVID-19 crisis for all sample stocks, the portfolios consisting of stocks with high and medium B/M ratio and the portfolios consisting of small capitalization stocks and big capitalization stocks. However, the COVID-19 crisis has no effect on systematic risks for the portfolio consisting of stocks with low B/M ratio. The results also indicated that stock returns decreased after the COVID-19 crisis for all sample stocks, the portfolios consisting of stocks with low B/M ratio and the portfolios consisting of big stocks. However, the COVID-19 crisis does not affect stock returns for the portfolios consisting of stocks with high and medium B/M ratio and the portfolios consisting of small stocks. "
11
Lakaba, Angriana, and Robiyanto Robiyanto. "EVALUASI KINERJA SAHAM BERTANGGUNGJAWAB SOSIAL (STUDI PADA SAHAM-SAHAM YANG MASUK PERHITUNGAN INDEKS SRI-KEHATI)." Jurnal Organisasi dan Manajemen 14, no. 2 (September 30, 2018): 95–107. http://dx.doi.org/10.33830/jom.v14i2.155.2018.
Full textAbstract:
Severals studies on the performance of stocks, especially those that examine the constituent of social responsibility in the Indonesia Stock Exchange, in general still focus on the performance assessment of the SRI-Kehati Index, have not specifically reviewed the performance of the constituent stocks of the SRI-Kehati Index. Therefore, this study specifically examines constituent stocks of the SRI-Kehati Index. The study period used is 2009 to 2017. The sample in this study are 13 stocks that consistently enter into the calculation of SRI-Kehati Index during the study period. The stock performance assessment will be performed using Sharpe Index, Jensen Alpha, Treynor Ratio, Sortino Ratio, Information Ratio. Overall, the consistent stocks listed in the SRI-Kehati Index may not necessarily indicate good stock performance. From 13 stocks, some have negative results which can be classified as non-performing stock.
Berbagai penelitian terkait kinerja saham-saham bertanggungjawab sosial di Bursa Efek Indonesia secara umum masih berfokus pada penilaian kinerja Indeks SRI-Kehati, namun belum secara khusus mengkaji kinerja saham-saham pembentuk Indeks SRI-Kehati. Oleh sebab itu penelitian ini secara khusus mengkaji saham-saham pembentuk Indeks SRI-Kehati. Periode penelitian yang digunakan adalah periode tahun 2009 hingga tahun 2017. Sampel dalam penelitian ini adalah 13 saham yang secara konsisten masuk ke dalam perhitungan Indeks SRI-Kehati selama periode penelitian. Penilaian kinerja saham akan dilakukan dengan menggunakan Indeks Sharpe, Jensen Alpha, Rasio Treynor, Rasio Sortino, Information Ratio. Secara keseluruhan, saham-saham yang konsisten terdaftar dalam Indeks SRI-Kehati belum semua menunjukkan kinerja saham yang baik. Dari 13 saham yang diteliti masih ada beberapa saham dengan hasil negatif yang berarti masih mempunyai kinerja saham yang buruk.
12
Noviyanti, Erlyta Agustine, Caecilia Wahyu Estining Rahayu, and Christina Heti Tri Rahmawati. "Financial Performance and Stock Price: Another Review on Banks Listed in Indonesia Stock Exchange." Journal of Management and Business Environment (JMBE) 3, no. 1 (August 2, 2021): 70. http://dx.doi.org/10.24167/jmbe.v3i1.3438.
Full textAbstract:
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.
13
Sinaga, Annisa Nauli, Eric Eric, Rudy Rudy, and Valencia Wiltan. "Current Ratio, Debt to Equity Ratio, Return on Equity, Dividend Payout Ratio dan Size terhadap Return Saham Perusahaan Trade, Service & Investment Indonesia." Journal of Economic, Bussines and Accounting (COSTING) 3, no. 2 (April 20, 2020): 311–18. http://dx.doi.org/10.31539/costing.v3i2.1043.
Full textAbstract:
Large companies (Size) have more stable sales and established assets so that the ability to get greater profits. This is one of the attractions for investors thereby increasing stock returns. This study aims to analyze and test whether Current Ratio (CR), DER, ROE, Dividend Payout Ratio & Size affect the stock returns on trade, service & investment companies listed on the Stock Exchange for the 2016-2018 period. This research is a deductive, quantitative and descriptive approach. The total population of trade, service & investment companies listed on the Stock Exchange is 144 companies. The technique of determining the sample using consideration samples so that the samples obtained by 36 companies. Analysis of the data to be tested multiple linear regression and test the classical assumptions. The results of the study individually Current Ratio (CR), Return on Equity (ROE), Dividend Payout Ratio and Size have a positive effect on stock returns while DER has no effect on stock returns. Together, Current Ratio, DER, ROE, Dividend Payout Ratio and Size have a significant effect on stock returns on trade, service & investment companies listed on the Stock Exchange in the 2016-2018 period.
Keywords : Current Ratio, Debt to Equity Ratio, Return on Equity, Dividend Payout Ratio, Size and Stock Return
14
Singh, Jaspal, and Kiranpreet Kaur. "Testing Ben Graham’s Stock Selection Criteria in Indian Stock Market." Management and Labour Studies 39, no. 1 (February 2014): 43–62. http://dx.doi.org/10.1177/0258042x14535156.
Full textAbstract:
Using the data on stocks listed on Bombay Stock Exchange for the period spanning from 1996 to 2010, the present study intends to examine the profitability of stock selection criteria of Benjamin Graham in Indian capital market. The different risk–reward combinations of the criteria and the minimum number of principles to be followed by a stock have been examined using one sample T-test, Sharpe ratio and capital asset pricing model (CAPM). The results make it evident that all the risk-reward combinations can be used safely by investors in order to extract excess returns except the combination of discount to net current asset value (NCAV) and current ratio and the combination of high dividend yield and low leverage. Such stocks have lesser chances of growth in future and excessively blocked inventory reduces the operating efficiency of the business. Furthermore the stocks meeting any four rules of the criteria can yield excess returns to investors if such stocks are held for the period of 24 months.
15
Fatima, Nudrat, Muhammad Waqas, Rameez Hassan, Ahmad Fraz, and Muhammad Arif. "Cash to Price Ratio & Stock Returns: Evidence from Emerging Markets." International Journal of Economics and Finance 9, no. 11 (October 23, 2017): 153. http://dx.doi.org/10.5539/ijef.v9n11p153.
Full textAbstract:
This study examines the impact of size premium and value premium on average return in emerging economies i.e. Pakistan, India and China equity markets for the period from June 2000 to June 2015 by using three factors model. This study predicts the significance and positive relationship between value premium(C/P Ratio) and stock return for all non-financial companies listed on Karachi stock exchange, Bombay stock exchange and Shanghai stock exchange on the basis of market Capitalization. The regression results of the study illustrate that size premium predict returns more for small firms than big firms while market premium found significantly positive with stock returns in Pakistan, India, and China. Value premium is found positive for all created portfolios. Therefore, it can be concluded that value effect is present in three emerging markets. High C/P ratio outperforms the low C/P ratio stocks. In this study C/P ratio (value premium) integrated with size and market premium to check whether it can predict stock returns of small and large firms for high or low C/P ratio. The finding is similar that the positive relationship of value premium and stock return and the negative relationship of size premium and stock return. The explanatory power of Fama and French three-factor model is greater than CAPM for all three equity markets, so, the asset pricing model can facilitate investors in efficient portfolio diversification for getting enhanced returns.
16
Chandra, Kristian. "THE EFFECT OF CURRENT RATIO AND SIZE FIRM ON RETURN SAHAM FOOD AND BEVERAGE." Business and Entrepreneurial Review 17, no. 1 (July 27, 2019): 67. http://dx.doi.org/10.25105/ber.v16i2.5092.
Full textAbstract:
The objective of the research is to analyze the influence of current ratio and size firm to stock return. In this study the subjects taken were stocks that entered the food and beverage sector that were listed on the Indonesia Stock Exchange (IDX) during 2010 - 2015. The selection of samples in this study was conducted by Purposive Sampling in order to obtain a representative sample according to predetermined criteria. The number of food and beverage industry samples that meet the criteria are 13 listed on the Indonesia Stock Exchange in 2010-2015. The data analysis technique used regression analysis with the help of the EViews program. The results confirm that the current ratio has a positive but not significant effect on stock returns and the size firm has a negative and significant effect on the return of food and beverage stocks listed on the IDX in 2010-2015.
17
Chandra, Kristian. "THE EFFECT OF CURRENT RATIO AND SIZE FIRM ON RETURN SAHAM FOOD AND BEVERAGE." Business and Entrepreneurial Review 17, no. 1 (July 27, 2019): 67–78. http://dx.doi.org/10.25105/ber.v17i1.5092.
Full textAbstract:
The objective of the research is to analyze the influence of current ratio and size firm to stock return. In this study the subjects taken were stocks that entered the food and beverage sector that were listed on the Indonesia Stock Exchange (IDX) during 2010 - 2015. The selection of samples in this study was conducted by Purposive Sampling in order to obtain a representative sample according to predetermined criteria. The number of food and beverage industry samples that meet the criteria are 13 listed on the Indonesia Stock Exchange in 2010-2015. The data analysis technique used regression analysis with the help of the EViews program. The results confirm that the current ratio has a positive but not significant effect on stock returns and the size firm has a negative and significant effect on the return of food and beverage stocks listed on the IDX in 2010-2015.
18
Shaik, Muneer, and S. Maheswaran. "Modelling the Paradox in Stock Markets by Variance Ratio Volatility Estimator that Utilises Extreme Values of Asset Prices." Journal of Emerging Market Finance 15, no. 3 (December 2016): 333–61. http://dx.doi.org/10.1177/0972652716666464.
Full textAbstract:
We document the presence of the random walk effect in stock indices and, at the same time, find that the constituent stocks of the indices are excessively volatile. This gives rise to a paradox in stock markets between the behaviour of the stock index and its constituent stocks. We address this phenomenon in this article and reconcile the seemingly contradictory inferences by extending the Binomial Markov Random Walk (BMRW) model. JEL Classification: C15, C58, G15
19
The, Olivia, Dea Afifah Wijaya, and Hery Harjono Muljo. "The Effect Analysis of Solvency Ratio, Profitability Ratio and Inflation on Stock Return." Business Economic, Communication, and Social Sciences (BECOSS) Journal 4, no. 1 (February 1, 2022): 65–73. http://dx.doi.org/10.21512/becossjournal.v4i1.7833.
Full textAbstract:
The emergence of COVID-19 in 2019 spread across many countries and had a huge impact on the economy. When the information on the first COVID-19 patients was announced, it had a direct impact on the decline in stock prices and stock return. Solvency ratio, profitability ratio and inflation have a relationship and influence the stock return. The ratios used are Debt to Equity Ratio (DER), Return on Equity (ROE), Price to Earnings Ratio (PER), Dividend Payout Ratio (DPR). The secondary data of this study is in the form of company financial statements that have been published from the period of 2017 to 2020. Researchers used the coefficient of determination test, t test and F test (Anova). The result of this study indicates that Debt to Equity Ratio (DER) and Inflation have a positive effect on stock return, while Return on Equity (ROE), Price to Earnings Ratio (PER), and Dividend Payout Ratio (DPR) have no effect on stock return.
20
Haron, Razali, and Mukhtar Arif Siraj. "The Influence of Investment, Debt, and Dividend Policies on the Stock Return of Shariah Compliant Companies in Indonesia (ISSI)." Global Review of Islamic Economics and Business 9, no. 2 (March 29, 2022): 067. http://dx.doi.org/10.14421/grieb.2021.092-06.
Full textAbstract:
This study aims to analyze the impact of investment, debt, and dividend policies on the stock return of the companies listed in the Indonesia Sharia Stock Index (ISSI) from 2016 up to 2020. The sample stocks used in this study covers all the shariah compliant companies that were consistently listed during the study period, involving 158 companies with 790 observations. The proxies of stock return are annualized stock return, Sharpe ratio, and Treynor ratio. Investment policy is represented by price earnings ratio (PER), debt policy by debt to asset ratio (DAR), and dividend policy by dividend yield (DY). The generalized method of moment (GMM) is a regression technique that is employed in this study. The regression model should pass the AR(2) and Hansen tests to avoid autocorrelation and validity issues. This study provides important evidence that investment policy positively affects stock return (annualized stock return and Treynor ratio). In contrast, investment policy negatively affects the Sharpe ratio. Furthermore, there is a significant negative relationship between debt policy and the Sharpe ratio. Lastly, dividend policy is reported to significantly influence stock return, positive with Treynor ratio, while negative with stock return (annualized). The study relates its findings to the relevant theories involving the trade-off, signalling, and the bird in the hand theories.
21
WAHYUDI, MATIUS, and TITA DEITIANA. "PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, RETURN ON EQUITY, TOTAL ASSET TURNOVER, DIVIDEN PAYOUT RATIO TERHADAP RETURN SAHAM PADA PERUSAHAAN OTOMOTIF." Media Bisnis 11, no. 2 (December 1, 2020): 155–62. http://dx.doi.org/10.34208/mb.v11i2.940.
Full textAbstract:
The purpose of this research is to test and analyze empirically the influence of current ratio, debt to equity ratio, return on equity, total asset turnover, and dividen payout ratio toward stock return. The object of this research is automotive sector companies that listed in Indonesia Stock Exchange period 2009-2015. The purposive sampling is used as sampling technique, where 8 companies met the criteria and were analyzed using Eviews9 panel data regression with fixed effect model to test the hyphotesis. The result of this research shows that current ratio, return on equity, total asset turnover influence stock return, while debt to equity ratio, and dividen payout ratio do not influence stock return.
22
Kurniasih, Ninik, Linda Suherma, and Rika Irawati. "Pengaruh Perubahan Kebijakan Free Float terhadap Harga Saham pada IDX30 dan LQ45." Eksos 17, no. 2 (December 31, 2021): 94–107. http://dx.doi.org/10.31573/eksos.v17i2.325.
Full textAbstract:
Track record of Free Float (FF) policy changes has been regulated by the Indonesia Stock Exchange (BEI) since 2004, 2014 and 2018 and has been re-revised in August 2019. Problems formulated 1) Do the FF policy changes affect the stock price at the time of announcement, weighting and implementation 2) What is the impact of the FF policy changes on the issuers. This research is an explanatory research with a quantitative approach, tested by multiple regression to see whether or not the influence of FF policy on stock price. The results show that the hypothesis test at the time of the announcement stated that the FF ratio affected stock price by 0.02 at the expense of the cigarette and mining industry stocks. At this stage the stocks that benefit from the policy are banking stocks such as BBCA and BBRI. Meanwhile, at the time of applying 70% and 40% weights, stated that the FF ratio affected the stock price by 0.04 at the expense of the cigarette industry and consumer good. The stocks that benefited were banking and cement industry stocks. For the implementation of 100% FF stated that the free float ratio had no effect on the stock price of 0.17, again harming the cigarette industry and the construction sector and benefiting banking, cement and telecommunications stocks.
23
Kholifah, Siti. "PENGARUH PRICE EARNING RATIO, RETURN ON EQUITY, DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM SUB SEKTOR PROPERTY DAN REAL ESTATE DI BURSA EFEK INDONESIA." Jurnal Administrasi Bisnis Fisipol Unmul 8, no. 4 (November 30, 2020): 325. http://dx.doi.org/10.54144/jadbis.v8i4.4361.
Full textAbstract:
The property sector is one sector that is capable of absorbing large numbers of workers and has a multiplier effect and considerable backward linkage to other economic sectors. The property and real estate sub-sectors are quite interesting to be the object of research because investors in investing in stocks choose companies This study aims to determine the effect of PER (X1), ROE (X2), and DER (X3) variables on stock prices (Y) in property and real estate sub-sector companies. PER (X1), ROE (X2), and DER (X3) are used as independent variables while Stock Price (Y) is the dependent variable. The sampling technique was carried out by means of the purposive sampling method and obtained 16 companies as research samples. Data collection technique is the documentation method. Data were analyzed using multiple linear regression techniques with the help of SPSS version 20 statistical software. The results of this study indicate that the PER, ROE, and DER variables simultaneously have a significant effect on stock prices in property and real estate sub-sector companies on the Indonesia Stock Exchange. Partially only PER and ROE variables have a significant effect, while the DER variable has no significant effect. ROE variable is the variable that most influences the stock price.
24
Kartika, Andi, Ida Nurhayati, and Whidian Hardiyanti. "PERAN MEDIASI PROFITABILITAS PADA PENGARUH RASIO KECUKUPAN MODAL DAN LOAN TO DEPOSIT RATIO TERHADAP RETURN SAHAM." Distribusi - Journal of Management and Business 10, no. 1 (March 29, 2022): 63–74. http://dx.doi.org/10.29303/distribusi.v10i1.203.
Full textAbstract:
The aims of this study is to analyze and empirically test the impact of capital adequacy (CAR) and Loan to Deposit Ratio on profitability in IDX banking companies, analyze and empirically test the impact of capital adequacy (CAR) and the effect of Loan to Deposit Ratio on stock return in IDX banking companies, and analyze and empirically test the impact of profitability on stock return in IDX banking companies with observation period from 2015-2019 in 43 companies. The number of samples gathered by 42 companies utilizing the purposive sampling technique. The method employed in this study is path analysis, which was preceded by data normality tests and classical assumption tests. The results showed that capital adequacy proved to have a positive effect on stock returns, the Loan to Deposit Ratio had a negative effect on stock returns, and profitability was shown to have a positive impact on stock returns, giving the sense that the higher the company's profitability, it reflects the bank's ability to generate profits high by utilizing the total assets it owns, so that it will increase the rate of return on company’s stock (stock return).
25
Wong, Tze Sun. "Stock Characteristics and Individual Herding." International Journal of Applied Behavioral Economics 9, no. 4 (October 2020): 58–73. http://dx.doi.org/10.4018/ijabe.2020100104.
Full textAbstract:
Individuals who invest stocks in a market with excess volatility generally end up selling or holding the stocks at losses. The purpose of this study was to examine individual herding as it related to three comprehensible stock characteristics, market capitalization, price-to-book ratio, and industry affiliation. The target population was the individual investors who traded in Taiwan Stock Exchange in 2016. Data were collected through subscription. Based on Lakonishok, Shleifer, and Vishny's measure, individual herding was significant. The three stock characteristics were separately and as a whole related to individual herding. The findings confirmed sell-herding higher than buy-herding, more serious herding in high market capitalization stocks, and broad industry herding. The findings also extended knowledge to comparable herding levels with 8 to 10 years ago, more linearity between log market capitalization and log odds of herd occurrence, and less herding in P/B ratio stocks with other independent variables controlled.
26
Fauzan, Ahmad, and Rindang Matoati. "Financial Ratios and Share Prices of JII70 Indexed Companies for the 2018-2020 Period." Management Journal of Binaniaga 6, no. 1 (June 30, 2021): 23. http://dx.doi.org/10.33062/mjb.v6i1.422.
Full textAbstract:
Abstract: The sharia capital market in Indonesia has grown over the last five years. One of the members of the sharia capital market instrument is sharia shares. During the 2015-2020 period, the number of Islamic stock issuers continued to grow. The stock index is used by investors as a tool to choose stocks that suit their needs. IDX has issued three sharia stock indexes, and the most recent one is the JII70 index. A stock index is a collection of statistics about the price movement of a group of stocks that is evaluated periodically. One of the many factors that influence stock prices is the company's financial ratios. This study aims to analyze the influence of financial ratio factors such as Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TATO), Return on Equity (ROE) and Earning per Share (EPS) on the stock price of JII70 indexed companies. The data used is secondary data in the form of JII70 indexed company financial statements in the 2018-2020 period. The method of determining the sample using purposive sampling. This research uses panel data regression analysis method. The results of this study show a significant effect of the DER and EPS variables on stock prices, while the CR, TATO and ROE variables do not significantly affect stock prices.Keywords: Share Price, JII70, Financial Ratio, Panel Data Regression, Sharia Shares
27
Priyanto, Panji. "The Value of GARP Investing: Evidence from the Indonesian Stock Exchange." JABE (JOURNAL OF ACCOUNTING AND BUSINESS EDUCATION) 5, no. 2 (March 30, 2021): 9. http://dx.doi.org/10.26675/jabe.v5i2.15743.
Full textAbstract:
The purpose of this study was to examine whether or not the GARP in selecting the stock portfolios can provide a more stable growth rate of return when compared to the value stock and growth stock as well as to examine the stock return on value stock and growth stock based on the changes in its fundamentals. The population in this study was all companies listed on the Indonesia Stock Exchange (known as IDX) in the period of 2015-2019. The samples were selected using a comparative-quantitative approach and consisted of 20 companies: seven companies included in the value stock portfolio category and ten companies included in the portfolio category. Growth stock and three companies were included in the GARP's stock portfolio category. The formation of stock portfolios in the company's fundamentals was based on price to book value ratio, price-earnings ratio, and price-earnings growth ratio. This study used the ANOVA method equipped with SPSS by performing four tests: Homogeneity of Variance, Between-Subject, Post Hoc, and Homogenous Subset test. The results of this study show that there were differences in the portfolio return of value stocks, growth stocks, and GARP stocks on the Indonesia Stock Exchange in the period of 2015-2019. Meanwhile, the GARP investment strategy was stable for the growth when compared to the value investment and growth investment in the Indonesia Stock Exchange in the period of 2015-2019. The implementation of GARP concept in managing the investment portfolios and criteria for choosing the stocks have the profitable growth, first in forming the GARP because investors in the stock market tend to expect obtaining high investment returns with a limited time horizon. The implementation of GARP concept has prevented the investors from the value trap because the GARP strategy is a hybrid solution for the growth stock and value stock, thus. The GARP investors will experience a combination of returns
28
Usman, Sitty Shandragies, Idham Masri Ishak, and Selvi Selvi. "Do profitability ratio and market ratio contribute to explain the movement of stock prices of transport companies?" Jambura Science of Management 2, no. 2 (July 2, 2020): 46–50. http://dx.doi.org/10.37479/jsm.v2i2.4574.
Full textAbstract:
This study aims to determine the effect of profitability ratios and market ratios on stock prices on transportation companies listed on the Indonesia Stock Exchange with the study period of 2013-2017. Profitability ratios used in this study are Return On Assets (ROA) and Return On Investment (ROI) and Market Ratios used in this study are Price Earning Ratio (PER) and Market to Book Value (MBV) to stock prices. The sample in this study were 24 transportation companies listed on the IDX. The data analysis method in this research is multiple linear regression which aims to obtain a comprehensive picture of the effect of the Profitability Ratio and Market Ratio variables on stock prices using the SPSS program. The results showed that only partially market ratio variables had an effect on stock prices both measured by PER and MBV while profitability ratio variables measured by ROA and ROI simultaneously had no effect on stock prices. Simultaneously shows that all variables namely profitability ratios and market ratios together have an influence on the stock prices of transport companies listed on the Indonesia Stock Exchange in 2013-2017.
29
Ayem, Sri, and Sri Wahyuni. "PENGARUH LOAN TO DEPOSIT RATIO, CAPITAL ADEQUACY RATIO, RETURN ON ASSET DANNON PERFOMING LOAN TERHADAP RETURN SAHAM." Jurnal Akuntansi 5, no. 1 (June 15, 2017): 71. http://dx.doi.org/10.24964/ja.v5i1.258.
Full textAbstract:
This study aimed to examine the effect Loan to Deposit Ratio (LDR) , Capital Adequacy Ratio (CAR) , Return on Assets (ROA) and Non -Performing Loans (NPL) on stock returns banking companies listed in Indonesia Stock Exchange . The Independent variable used is the Loan to Deposit Ratio (LDR) , Capital Adequacy Ratio (CAR) , Return on Assets (ROA) and non- performing loan (NPL) dependent variable stock returns . The purpose of this study was to obtain empirical evidence about the influence of Loan to Deposit Ratio (LDR) , Capital Adequacy Ratio (CAR) , Non Performing Loan (NPL) and Return on Assets (ROA) on stock returns banking companies listed in Indonesia Stock Exchange . The population in this study is a banking company that is listed on the Indonesia Stock Exchange (IDX) the observation period 2008 to 2012 . Data used in this study was obtained from the Bank's Financial Statements obtained from the website of the Indonesia Stock Exchange and Bank Indonesia . Data analysis method used is multiple linear regression , hypothesis testing while using the simultaneous test ( F test ) to test the effect of these variables together and t test with a significance level of 5 % to test the effect of partial variables . Based on the test results , the results obtained simultaneously Loan to Deposit Ratio (LDR) , Capital Adequacy Ratio (CAR) , Return on Assets (ROA) and Non -Performing Loans (NPL) effect on stock returns in banking companies listed in Indonesian Stock Biursa , while partially Loan to Deposit Ratio (LDR) has a positive effect is not significant , its capital adequacy ratio (CAR) and Return on Assets (ROA) and a significant positive effect of Non performing loan (NPL) significant negative effect on stock returns in corporate banking . Predictive ability of the four variables on stock returns is 57.1 % , as indicated by the adjusted R2 , while the rest is influenced by other factors not included in our model .
Keywords: stock return, Loan to Deposit Ratio, Capital Adequacy Ratio, Return on Assets, Non-performing loan
30
Wijaya, Chandra Ferdinand, and Hamfri Djajadikerta. "Pengaruh Risiko Sistematis, Leverage, Dan Likuiditas Terhadap Return Saham Lq 45 Yang Terdaftar Pada Bursa Efek." Jurnal Manajemen 9, no. 2 (March 16, 2018): 62–76. http://dx.doi.org/10.31937/manajemen.v9i2.721.
Full textAbstract:
Investors want high stock return to increase wealth from their stock investment. In determining stocks that can provide high returns, there are factors that must be considered. LQ 45 stocks are identical to profitable and high return stock. In fact, LQ 45 stocks do not always benefit investors. There are risk factors that influence LQ 45 stock return, which is the market risk and fundamental risk. Market risk is known as systematic risk and fundamental risk is reflected through companies’ liquidity and leverage. There are inconsistencies over the influence of this variables on stock return. Therefore, the purpose of this research is to examine the effect of systematic risk, leverage, and liquidity on stock return. This research is a causal research and conducted on LQ 45 companies during 2011- 2015. This research uses simple random sampling as sampling method. Systematic risk is measured by stock beta coefficients, leverage is measured by Debt to Equity Ratio, and liquidity is measured by Current Ratio. Research’s result shows that systematic risk, leverage, and liquidity have significant effect on stock return simultaneously. Partial test shows that systematic risk has insignificant effect on stock return, while leverage and liquidity have positive significant effect on stock return.
Keywords: Systematic risk, leverage, liquidity, stock return, LQ 45
31
Ahmad Solihin, Afrizal, and Lilik Sulistyowati. "The Effect Of Price Earning Ratio, Current Ratio, Net Profit Margin And Debt To Equity Ratio On Stock Prices Of The Lq-45 Index Of The Indonesia Stock Exchange 2016-2018." International Journal of Science, Technology & Management 2, no. 5 (October 3, 2021): 1441–48. http://dx.doi.org/10.46729/ijstm.v2i5.361.
Full textAbstract:
This study aims to analyze the joint and partial effect of the price earning ratio, current ratio, net profit margin, and debt to equity ratio variables on the stock prices of companies listed on the LQ-45 Index of the Indonesian Stock Exchange for the 2016-2018 period. The research sample is companies that fall into the LQ-45 stock category, namely 45 companies for the 2016-2018 period using normality, autocorrelation, multicollinearity, and heteroscedasticity tests as classical assumptions using multiple regression analysis methods. The results of the analysis show that the research variable has a significant effect on stock prices in companies in the LQ-45 Index category of the Indonesian stock exchange for the 2016-2018 period and the partial test results show that the price earning ratio variable has no significant effect on stock prices, the current variable ratio and affects stock prices. net profit margin significantly affects stock prices and the debt to equity ratio variable significantly affects stock prices in companies in the LQ-45 Index category of the Indonesian stock exchange for the period 2016 - 2018.
32
Budiwaluyo, Agus. "PENGARUH CURRENT RATIO, TOTAL ASSET RATIO, RETURN ON INVESTMENT, UKURAN PERUSAHAAN (SIZE) DAN INFLASI TERHADAP RETURN SAHAM (STUDI EMPIRIS PADA PERUSAHAAN YANG TERGABUNG DALAM JAKARTA ISLAMIC INDEX TAHUN 2007 – 2013)." Transparansi Jurnal Ilmiah Ilmu Administrasi 9, no. 1 (March 6, 2018): 116–30. http://dx.doi.org/10.31334/trans.v9i1.89.
Full textAbstract:
This study aimed to examine the influence of variables Current Ratio (CR), Total Asset Turnover (TATO), Return on Investment (ROI), company size (Size) and Inflation on Stock Return firms listed on the Jakarta Islamic Index (JII) 2007-2013. The sampling technique used was purposive sampling with criteria: (a) Listed in the published list of stocks in the index calculation JII announced the Indonesia Stock Exchange in a row during the study period (b) Registered and active trading in Indonesia Stock Exchange during the period (c) The Company publishes the audited financial statements for the period 2007-2013, (d) Publish an annual report in a row during that period. Obtained a sample of 11 companies from 30 companies registered as members of the Jakarta Islamic Index are listed on the Stock Exchange. Technical analysis used is multiple linear regression and hypothesis testing using the F-test to test the effect of simultaneous and t-test to test the partial effect on stock returns with a significance level of 5%.. Simultaneous testing indicates variables Current Ratio (CR) and Total Asset Turnover (TATO), Return on Investment (ROI), company size (Size) and Inflation significant effect on Stock Return firms listed on the Jakarta Islamic Index (JII ). Partial test results indicate that the Current Ratio (CR), Return on Investment (ROI) and Firm Size (Size) no significant effect on Stock Return, while the total asset turnover variables and inflation effect on stock returns firms listed on the Jakarta Islamic Index (JII).
33
Ge, Li, Tse-Chun Lin, and Neil D. Pearson. "Why does the option to stock volume ratio predict stock returns?" Journal of Financial Economics 120, no. 3 (June 2016): 601–22. http://dx.doi.org/10.1016/j.jfineco.2015.08.019.
Full text
34
Robinson, Orin J., Olaf P. Jensen, Mikaela M. Provost, Shuochen Huang, Nina H. Fefferman, Amira Kebir, and Julie L. Lockwood. "Evaluating the impacts of fishing on sex-changing fish: a game-theoretic approach." ICES Journal of Marine Science 74, no. 3 (December 14, 2016): 652–59. http://dx.doi.org/10.1093/icesjms/fsw222.
Full textAbstract:
Abstract Sex change has been widely documented in many commercially and recreationally important fish species, yet the implications of this life history trait are not considered in most stock assessments. This omission can lead to poor estimates of parameters vital to understanding the health of sequentially hermaphroditic stocks. Here, we present a game theoretic approach to model the sex changing behaviour of a stock of protogynous (female first) hermaphroditic fish and produce estimates of maximum sustainable yield (MSY), equilibrium biomass at MSY (BMSY) and sex ratio, then compare these reference points to those from an otherwise identical gonochoristic (non-sex changing) stock. We tested each stock at varying levels of exploitation and with a range of assumptions about how sex ratio impacts fertilization rate. We show that a protogynous hermaphroditic stock with flexible timing of sex change produces similar MSY and slightly higher BMSY than a gonochoristic stock with otherwise identical vital rates. Sex changing stocks were also able to maintain a higher proportion of males in the population than did non-sex changing stocks as exploitation increased. Although sex changing stocks were able to maintain their sex ratio, the age at which females changed sex decreased with increased exploitation, suggesting smaller body size, and presumably lower fecundity, for females in heavily exploited sex changing stocks. Our game theoretic approach to evaluating hermaphroditic stocks can accommodate a wide variety of sex changing cues and behaviours and allows a flexible model for understanding the effects of exploitation on hermaphroditic stocks.
35
Yuliarti, Atika, and Lucia Ari Diyani. "The Effect of Firm Size, Financial Ratios and Cash Flow On Stock Return." Indonesian Accounting Review 8, no. 2 (December 28, 2018): 229. http://dx.doi.org/10.14414/tiar.v8i2.1313.
Full textAbstract:
Stocks are kinds of financial instruments with high returns that have high levels of uncertainty. Before decide to invest the investor needs to formulate the expected rate of return. Companies with good financial performance will increase the value of the company so that the company's stock price increases and stock return also increases. The purpose of this research was to determine the effect of Firm Size, Return On Equity, Market Book Ratio, Current Ratio, Cash Flow from Operating Activities, Cash Flow from Investing Activities and Cash Flow from Financing Activities to Stock Return. The object of research used were seven pharmaceutical industry companies listed in BEI period the 2011-2016 with multiple analysis methods. The results of this study indicate that partially Market Book Ratio has a significant positive effect on Stock Return and Cash Flow from Financing Activities has a significant negative effect on Stock Return while Firm Size, Return On Equity, Current Ratio Cash Flow from Operating and Investing Activities have no significant effect on Stock Return. All variables in this study simultaneously have a significant effect on Stock Return.
36
Ariesa, Yeni, and Agnes Reslita. "PENGARUH SOLVABILITAS (DEBT EQUITY RATIO), PROFITABILITAS(RETURN ON EQUITY), DAN CURRENT RATIO TERHADAP RETURN SAHAM." Jurnal Ekonomi Bisnis Manajemen Prima 1, no. 2 (March 3, 2020): 47–59. http://dx.doi.org/10.34012/jebim.v1i2.852.
Full textAbstract:
The objective of the study is to examine the effect of debt equity ratio, return on equity, and current ratio on stock returns. The independent variable is stock returns while the dependent variables are debt equity ratio, return on equity and current ratio. The research used a quantitative research approach, while the type of the study was descriptive statistics, and the nature of the study was an explanatory study. The research populations were 39 companies in the consumer goods industry sector while the 18 samples were drawn by using a purposive sampling technique consisting of consumer goods industries that met the criteria. The research data were analyzed by using multiple linear regression analysis with the classical assumption test. Simultaneously, the research revealed that the debt equity ratio, return on equity and current ratio did not affect stock returns in the consumer goods industry sector listed on the Indonesia Stock Exchange in the period of 2014-2018. The calculation points out that F-count <F-table or 0.412 <2.92 with a significant level of 0.745> 0.05. Partially, the debt equity ratio, return on equity, and current ratio did not have any significant effect on stock returns in the Consumer Goods Industry sector companies listed on the Indonesia Stock Exchange in the period of 2014-2018
37
Pangestu, Ardi Tri, and Ade Suryana. "Market Value Ratio Analysis of Stock Returns In Companies With Largest Market Capitalization Period 2014-2018." Neraca : Jurnal Akuntansi Terapan 2, no. 1 (October 31, 2020): 28–47. http://dx.doi.org/10.31334/neraca.v2i1.1101.
Full textAbstract:
This research aims to analyze how much influence the Market Value Ratio has on Stock Returns (case studies are conducted against companies with the largest market capitalization listed on the Indonesia Stock Exchange). The variables used in the analysis in this study are using Price Earning Ratio, Earning Yield, Dividend Yield, and Market to Book Ratio.The samples selected in this study used purposive sampling methods with a total of 13 stocks and produced 50 sample ratios studied according to the criteria and qualified in the year specified in 2014-2018. The method of analysis used in this study is to use statistical methods of descriptive analysis and linear regression multiplely by using SPSS software.Based on the results of the hypothesis, it is known that the Price Earning Ratio has a significant influence on the return of the stock, The Earning Yield has an effect but is not significant on the return of the stock, the Dividend Yield and the Market to Book Ratio have no effect on the return of the stock, and the Market Value Ratio simultaneously (together) affects the return of the stock.
38
Nugroho, Aysha Dhamaring, and Imron Mawardi. "DETERMINAN PRICE EARNING RATIO SAHAM YANG TERDAFTAR DALAM JAKARTA ISLAMIC INDEX (JII) PERIODE 2011 – 2017." Jurnal Ekonomi Syariah Teori dan Terapan 6, no. 11 (January 21, 2020): 2224. http://dx.doi.org/10.20473/vol6iss201911pp2224-2235.
Full textAbstract:
It is very important for investor to be able to assess whether a stock will be able to provide a high return of investment in the future. There are various kinds of approaches that can be used by investor to assess the performance of a stock in the stock market, two of which are technical analysis and fundamental analysis. Price earning ratio is part of ratio that are used in fundamental analysis and price earning ration is often used by investor as a refrence to read the performance of a stock in the future. This study are focusing on finding which variabel can affect the value of price earning ratio of a stock, using VECM method this study finds that debt to equity ratio, return on equity, dividend payout ratio and current ratio in long -run affecting price earning ratio in a significant way.Keywords: financial ratio, price earning ratio, fundamental analysis, Indonesia syariah stock market
39
Fitri, Novia Eka, and Leo Herlambang. "Pengaruh Rasio Profitabilitas, Rasio Solvabilitas, Dan Rasio Likuiditas Terhadap Return Saham Perusahaan Properti Dan Real Estate Yang Terdaftar Dalam Indeks Saham Syariah Indonesia (ISSI) Periode 2011 – 2014." Jurnal Ekonomi Syariah Teori dan Terapan 3, no. 8 (February 18, 2017): 625. http://dx.doi.org/10.20473/vol3iss20168pp625-642.
Full textAbstract:
This study aims to determine the effect of Return of Asset (ROA), Debt to Equity Ratio (DER), and Current Ration (CR) on stock return partially and simultaneously. The objects of the study are Property and Real Estate Company which registered in Indonesia Sharia Stock Index (ISSI) for four years, 2011-2014. This study used quantitative research. The writer used literature study and gathered secondary data for technique of data collection. This study finds that partially Return of Asset (ROA) significantly affects on stock return, while Debt to Equity Ratio (DER) and Current Ratio (CR) are not significantly affect on stock return. Simultaneously Return on Assets (ROA), Debt to Equity Ratio (DER) and Current Ration (CR) do not significantly affect on stock return.
40
Yuliawati, Yuliawati, and Darmawan Darmawan. "Rasio Keuangan dan Pengaruhnya Terhadap Harga Saham Syariah dengan Price Earning Ratio Sebagai Variabel Moderasi." Al-Tijary 4, no. 2 (July 17, 2019): 109–24. http://dx.doi.org/10.21093/at.v4i2.1396.
Full textAbstract:
The purpose of this research was to examine the effect of EPS and ROE on stock price with PER as a moderating variable. The object examined was the company went public in the Jakarta Islamic Index period January 2010 - May 2018. The research period in this study was 8 years from 2010-2017. The sampling method in this research is purposive sampling to obtain 6 of company in Jakarta Islamic Index. This research used panel data regression and residual data. Based on the results of the analysis it was found that the Earning Per Share (EPS) and Return on Equity (ROE) have a significant effect on stock prices partially and simultaneously. In addition, Price Earning Ratio (PER) was able to moderate the relationship beetwen Earning Per Share (EPS) on stock prices. Finally, Price Earning Ratio (PER) was able to moderate the the relationship between Return on Equity (ROE) and stock prices.
41
Novitasari, Puput, and Leo Herlambang. "Pengaruh Current Ratio, Total Assets Turnover, Debt To Equity Ratio, dan Return On Equity Terhadap Harga Saham Pada Perusahaan Yang Terdaftar di JII Periode 2009-2013." Jurnal Ekonomi Syariah Teori dan Terapan 2, no. 4 (December 4, 2015): 356. http://dx.doi.org/10.20473/vol2iss20154pp356-371.
Full textAbstract:
Islamic stocks in implementation are not contrary to the principles of sharia. Before investing their money investors should pay attention to advance the company's performance. One of its attention is fundamental analysis based on financial ratios. This research aims to analyze the effect of Current Ratio, Total Assets Turnover, Debt to Equity Ratio, and Return on Equity of stock price companies that listed on Jakarta Islamic Index in 2009-2013. The subject is the consistent companies listed on Jakarta Islamic Index during the research period. Selection method of the population is purposive sampling. Analysis method is multiple linear regression with significance level 0.05. The results indicate theese variables as a partially and simultaneuously insignificant influence on the stock prices. The value of coefficient determination 0.144 shows that 14.4% the stock prices is influenced by these variables, while for 85,6% are affected by other variables that are not included in this research.
42
Nehe, I. Yensi Godchild, Dimas Sumitra Danisworo, and Rochmi Widayanti. "Pengaruh Current Ratio, Return on Assets dan Debt to Equity Ratio terhadap Dividend Payout Ratio Perusahaan Manufaktur." Indonesian Journal of Economics and Management 2, no. 1 (November 30, 2021): 16–26. http://dx.doi.org/10.35313/ijem.v2i1.3236.
Full textAbstract:
This research aim to finds out the influence of Current Ratio, Return On Assets and Debt to Euity Ratioon Dividend Payout Ratio in mmaufacturing companies on the Indonesia stock exchange in 2011-2020. The data used in this study were obtained from the annual financial reports published on the indonesia stock exchange (IDX). After passing the purposive sampling stage, the sample that can be used is 3 companies. The method of analysis used in this research is multiple linear regression analysis which is processed using the SPSS version 24 program. The result of this study indicate that the variable Current Ratio (CR)and Return On Asset (ROA) partially have an insignificant negative effect on the Dividend Payout Ratio (DPR), while the Debt to Euity Ratio (DER) variable has a significant positive effect on the Dividend Payout Ratio(DPR). And Current Ratio (CR), Return On Asset (ROA), and Debt to Euity Ratio (DER) simultaneously affect the Dividend Payout Ratio (DPR) in manufacturing companies listed on the Indonesia stock Ezchange for the 2011-2020 period.
Keywords : Current Ratio, Return On Asset, Debt to Euity Ratio, Dividend Payout Ratio.
43
Nanang Suryana and Sri Dewi Anggadini. "Analysis of Stock Prices Affected by Current Ratio." International Journal of Science, Technology & Management 1, no. 3 (September 30, 2020): 190–97. http://dx.doi.org/10.46729/ijstm.v1i3.44.
Full textAbstract:
The stock price of required on a stock exchange must be changed cannot be estimated. The purpose of this study is to study the comparative valuation of Current Ratio to Stock Prices. The method used in this research is descriptive method and verification method with quantitative discussion. The data source used is secondary data. The population in this study is the financial statements of the Retail Trade Sector Companies listed on the Indonesia Stock Exchange as many as 25 companies with financial statements consisting of statements of financial position and Stock prices approved for 5 periods (2014-2018). Based on the results of research and discussion, it can be concluded that the Current Ratio (CR) has a significant effect on the Stock Price of a Retail Trading Company that has a positive relationship between the Current Ratio and the Stock Prices.
44
Setyaningsih, Setyaningsih. "PENGARUH ANALISIS BETA, BOOK-MARKET RATIO, DEBT- EQUITY RATIO, EARNING-PRICE RATIO, FIRM SIZE DAN SALES-PRICE RATIO TERHADAP PENDAPATAN SAHAM PERUSAHAAN INDUSTRI DASAR DAN KIMIA DI BURSA EFEK JAKARTA 1992 - 1998." EKUITAS (Jurnal Ekonomi dan Keuangan) 5, no. 2 (December 6, 2016): 99. http://dx.doi.org/10.24034/j25485024.y2001.v5.i2.1924.
Full textAbstract:
The aim of this study is to investigate the influence of some fundamental variables towards stock return. Some fundamental variables in this study are beta, book-market ra-tio, debt-equity ratio, earning-price ratio, firm size, sales-price ratio. The study analysis 56 cases of firms classified in the basic and chemical industry listed in Jakarta Stock Exchange in the period of 1992-1998. Multiple regression analysis is used for analyzing the data. The result of this study shows that there is significant affect of the three fundamental variables in the model as predictor of stock return (Y), which their contribution is 49.6%.
45
Yu, Jing Long, Tse Mao Lin, and Xin Hui Wu. "Does Brexit Have a Bullish or Bearish Effect on the Taiwan Stock Market?" International Journal of Economics and Financial Research, no. 73 (July 11, 2021): 90–101. http://dx.doi.org/10.32861/ijefr.73.90.101.
Full textAbstract:
Using the event study method to analyze one year of daily trading data of formal and Over-The-Counter (OTC) stocks in Taiwan, this study investigates whether the Brexit referendum led to abnormal returns, as well as the financial characteristics of the stocks, and the influential financial variables. The Taiwan stock market had negative abnormal returns on the day of the Brexit referendum. The high-abnormal return group was more significantly affected than the low-abnormal return group. The book-to-market ratio, price-to-earnings ratio, yield rate, average foreign shareholding ratio, and stocks overbought and oversold had a more significant impact on the low-abnormal return group. Abnormal returns were generated mostly in the OTC (Over-The-Counter) market. This event affected financial stocks more significantly than electronics and information technology stocks. The effects on formal stocks, OTC (Over-The-Counter) stocks, and the overall market were the most significant for the turnover rate and stocks overbought and oversold, yield rate, and turnover rate and book-to-market ratio, respectively. The results confirm that the model of the impact of a special event on the behavioral response in the Taiwan stock market can be used to predict changes in stock market prices when a special event occurs in the future.
46
Salsabila, Nadiah Ayu, and Titis Miranti. "FAKTOR PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN JAKARTA ISLAMIC INDEX (JII)." El Muhasaba Jurnal Akuntansi 12, no. 1 (January 26, 2021): 42–55. http://dx.doi.org/10.18860/em.v12i1.10123.
Full textAbstract:
Jakarta Islamic Index is a stock index in the IDX that can use as an alternative In Islamic investment. In choosing an investment object in Islamic stocks, it necessary to pay attention to the financial ratios and stock prices of companies. The purpose of this study was to determine the effect of financial ratios on stock prices on companies listed on the Jakarta Islamic Index (JII). The type of this research is quantitative. The population of 56 companies registered on the Jakarta Islamic Index (JII) for the 2012-2018 period with a sample of 11 companies. The analysis model use panel data regression using Eviews software. The type of data uses secondary data accessed through the Indonesia Stock Exchange (IDX) website. The results showed that earning per share variable has a significant effect on stock prices. While the current ratio, debt to equity ratio, total assets turnover and net profit margin variables have no significant impact on stock prices. Simultaneously variables of current ratio, debt to equity ratio, total assets turnover, net profit margin and earning per share have significant effects on stock prices. The contribution of this research can use as a reference for companies to pay attention to financial ratios that affect stock prices.
47
Wangdra, Suvianto. "ANALISIS CURRENT RATIO, DEBT TO TOTAL ASSET RATIO,DEBT TO EQUITY RATIO, DAN NET PROFIT MARGIN TERHADAP HARGA SAHAM PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA." JURNAL AKUNTANSI BARELANG 3, no. 2 (June 24, 2019): 75. http://dx.doi.org/10.33884/jab.v3i2.1236.
Full textAbstract:
The aim of this research is to determine the effect of the variables Current Ratio, Debt to Total Asset Ratio, Debt to Equity Ratio, and Net Profit Margin to the stock prices of food and beverage companies listed on the Indonesia Stock Echange for the period 2013-2017. The population in this research included food and beverage companies listed on the Indonesia Stock Exchange. The sampling technique on this research used was Purposive Sampling based on the following criteria: (1) Food and beverage companies listed on the Indonesia Stock Exchange, (2) Food and beverage companies listed on the Indonesia Stock Exchange which provide complete annual financial reports from 2013-2017, (3) Food and beverage companies that provide financial statements in Rupiah. By using purposive sampling, a total sample of 12 companies were acquired with a total of 60 observations. The data analysis technique used in this research is multiple linear regression analysis. Result show that Current Ratio, Debt to Total Asset Ratio,and Debt to Equity Ratio don’t have significant effect in stock prices of companies. Meanwhile, Net Profit Margin has a significant effect in stock prices of companies.
48
Mulyono, Mulyono. "The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange." Binus Business Review 6, no. 3 (November 30, 2015): 431. http://dx.doi.org/10.21512/bbr.v6i3.953.
Full textAbstract:
The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price.
49
Lestari, Indah Sulistya Dwi, and Ni Putu Santi Suryantini. "PENGARUH CR, DER, ROA, DAN PER TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI DI BEI." E-Jurnal Manajemen Universitas Udayana 8, no. 3 (February 27, 2019): 1844. http://dx.doi.org/10.24843/ejmunud.2019.v08.i03.p24.
Full textAbstract:
This study aims to see stock price stability at a Pharmacy company listed on the Indonesia Stock Exchange (IDX) for the period 2014 - 2016 by using several variables such as Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ratio. This research is a type of quantitative research which used fundamental analysist by referring to an analysis of company performance that is used to predict stock prices in the future. The method of determining the sample in this study is based on purposive sampling technique that is in accordance with the criteria of eight pharmacy companies. The data used in this study were collected through non-participant observation methods using the data contained in the IDX. Testing of the hypothesis in this study using multiple linear regression analysis. The test results show that there is no significant influence on stock prices when using Current Ratio, Debt to Equity Ratio, Return on Assets and Price Earning Ration. On the contrary, Price Earning Ration partially has a positive and significant effect on the stock price of pharmaceutical companies in the 2014-2016 period.
Keywords: fundamental analysis, current ratio, debt to equity ratio, return on asset, price earning ratio, stock price
50
Gao, Jianliang, Xiaoting Ying, Cong Xu, Jianxin Wang, Shichao Zhang, and Zhao Li. "Graph-Based Stock Recommendation by Time-Aware Relational Attention Network." ACM Transactions on Knowledge Discovery from Data 16, no. 1 (July 3, 2021): 1–21. http://dx.doi.org/10.1145/3451397.
Full textAbstract:
The stock market investors aim at maximizing their investment returns. Stock recommendation task is to recommend stocks with higher return ratios for the investors. Most stock prediction methods study the historical sequence patterns to predict stock trend or price in the near future. In fact, the future price of a stock is correlated not only with its historical price, but also with other stocks. In this article, we take into account the relationships between stocks (corporations) by stock relation graph. Furthermore, we propose a Time-aware Relational Attention Network (TRAN) for graph-based stock recommendation according to return ratio ranking. In TRAN, the time-aware relational attention mechanism is designed to capture time-varying correlation strengths between stocks by the interaction of historical sequences and stock description documents. With the dynamic strengths, the nodes of the stock relation graph aggregate the features of neighbor stock nodes by graph convolution operation. For a given group of stocks, the proposed TRAN model can output the ranking results of stocks according to their return ratios. The experimental results on several real-world datasets demonstrate the effectiveness of our TRAN for stock recommendation.