The effect of fundamental factors and technical factors on shares of companies listed in Indonesia Stock Exchange: Study on IDX30 2016-2019 period
Abstract
This study aims to analyze the influence of fundamental and technical factors on stock prices. This type of research is explanatory research with a quantitative approach to test the effect of the independent variables on the dependent variable. The dependent variable in this study is stock prices, while the independent variables are Return on Assets (ROA), Debt to Equity Ratio (DER), and Past Stock Prices. The population in this study were all companies listed in IDX 30 with documentation data collection techniques. The data used in this research is secondary data. Data analysis in this study using multiple linear regression. The results of this study provide information that 1) Return on Asset, Current Ratio, Debt to Equity Ratio, and Past Stock Prices simultaneously have an influence on stock price variables, 2) technical factors Past Stock Prices have a positive and significant effect on stock prices.
How to Cite This Article
Maria DF Bertin Geha, Grahita Chandrarin, Gaguk Apriyanto (2021). The effect of fundamental factors and technical factors on shares of companies listed in Indonesia Stock Exchange: Study on IDX30 2016-2019 period. International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 2(1), 458-462.