Determinan Harga Saham pada Perusahaan yang Termasuk dalam Indeks LQ 45 Periode 2014-2018

Abstract

This study aims to determine the determinants of stocks prices in companies included in the LQ 45 Index for the 2014-2018 period partially and simultaneously. Factors that influence the price of stocks used are profitability, leverage, and market value. The study method used is multiple linear regression analysis method. The data analysis technique used is classical assimilation. Sources and types of data used are internal and external data and secondary data in the form of annual financial statements. The sample in this study consisted of 26 companies with a purposive sampling technique. The results of this study indicate that partially profitability and leverage have no significant effect on stock prices while market values ??have a significant effect on stock prices. Simultaneously profitability, leverage and market value have a significant effect on stock prices with a determinant coefficient of 0.560 which indicates that 56% of the stock price can be explained by profitability, leverage and market value while the remaining 44% of the stock price is influenced by other variables not examined in this study.