HASIL RASIO KEUANGAN DAN PENGARUHNYA TERHADAP HARGA SAHAM PADA JSX

Abstract

This descriptive research is to know how is the influence of financial performance by looking at financial ratios which comprise of the solvency position, liquidity position, and the profitability position, both simultaneously and partially to the industrial sector share process automotive and components, with data obtained from the JSX.

The test results showed simultaneous regression equation is Y = 1288.856 33.957X1 5.929X2 + 623.606X3. From the level of solvency, liquidity and profitability does not significantly influence stock prices. It is known from the significance test carried out with 95%confidence level, where F_hitung is 3.723 ≤ F_tabel 4.066.

Partial Test result show: solvency position has no significant influence on stock prices (Ho accepted). The liquidity position has no significant influence on stock process (Ho accepted) and the position of rate of return (profitability) found that profitability has a significant and positive effect on prices shares (Ho rejected) with a coefficient of determination is 0.559 which means that contributed 55.9% to share price.

Keywords: Solvability, Liquidity, Profitability, Stock Price