The Influence Of Fundamental Factors And Systematic Risk On The PreReturn Of LQ45 Stock In Companies Listed On The Indonesia Stock Exchange In The Period Of 2015-2019

Afdi Choiri¹, Sukesi^2*, Ilya Farida³

Abstract

The purpose of this study is The Effect Of Fundamental Factors And Systematic Risk On Lq45 Stock Preturn In Companies Listed On The Indonesia Stock Exchange In The 2015-2019 Period. Based on the results of the calculations that have been carried out, the p-value of the t-test results from the Return On Assets (ROA) variable is 0.044, so the regression coefficient is significant. So it can be concluded that Return On Assets (ROA) has a significant positive effect on Stock Returns. The results of the calculations have been carried out, the p-value of the t-test results from the Book Value per Share (BVS) variable is 0.021, so the regression coefficient is significant. So it can be concluded that Book Value per Share (BVS) has a significant positive effect on Stock Returns. The results of the calculations have been carried out, the p-value of the t-test results from the Debt to Equity Ratio (DER) variable is 0.347, so the regression coefficient is not significant. Therefore, it can be interpreted that the size of the Debt to Equity Ratio (DER) does not affect Stock Return. The calculation results have been carried out, the p-value of the t-test results of the Dividend Payout Ratio (DPR) variable is 0.002, so the regression coefficient is significant. So it can be concluded that the Dividend Payout Ratio (DPR) has a significant positive effect on Stock Return. The calculation results have been carried out, the p-value of the t-test results of the Earning Per Share (EPS) variable is 0.017, so the regression coefficient is significant. So it can be concluded that Earning PerShare (EPS) has a significant positive effect on Stock Return. The calculation results have been carried out, the p-value of the t-test results of the Systematic Risk variable is 0.012, so the regression coefficient is significant.The calculation results have been carried out, the p-value of the F-test results from the independent variable is 0.000, so the regression coefficient is significant. So it can be concluded that Fundamental Factors have a significant positive effect on Stock Returns. Therefore, it can be interpreted that the increase and decrease in Stock Returns will be influenced by Fundamental Factor information.