ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2014-2018
Abstract
This study aims to analyze the significance of the effect of Exchange Rate, Earning Per Share (EPS), Debt to Equity Ratio (DER), and Return On Equity (ROE) on Stock Price in Companies Registered in Jakarta Islamic Index (JII) for the 2014-2018 period, both simultaneous or partial.
The population in this study were 30 (thirty) companies registered in the Jakarta Islamic Index (JII) while the samples in this study were 14 (fourteen) companies registered in the Jakarta Islamic Index (JII) for the 2014-2018 period selected using purposive techniques sampling. The analysis model in this study uses the Multiple Linear Regression Analysis Model, while the analysis technique uses the F statistical test, the test coefficient of determination (R2), and the statistical test t which is processed with the SPSS 24.00 program.
The results of the analysis and discussion show that Exchange Rate, Earning Per Share (EPS), Debt to Equity Ratio (DER), and Return On Equity (ROE) simultaneously have a significant effect on Stock Prices in Companies Listed in the Jakarta Islamic Index (JII) Period 2014-2018. Partially, the variables of Earning Per Share (EPS) and Return On Equity (ROE) each have a positive and significant effect on Stock Prices in Companies Registered in the Jakarta Islamic Index (JII) for the 2014-2018 Period. The Exchange Rate variable has a negative and not significant effect while the Debt to Equity Ratio (DER) variable has a positive and not significant effect on the Stock Price of Companies Listed in the Jakarta Islamic Index (JII) for the 2014-2018 Period.
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