PENGARUH LIKUIDITAS, PROFITABILITAS, LEVERAGE, DAN AKTIVITAS TERHADAP RETURN SAHAM

Abstract

This research aimed to find out the effect of financial ratios on stock return. While liquidity was measured by Current Ratio (CR), profitability was measured by Debt Equity Ratio (DER), leverage was measured by Return on Assets (ROA), and activity was measured by Total Assets Turn Over (TATO). The research was quantitative. Furthermore, the data collection technique used purposive sampling, in which the sample was based on certain criteria. In line with that, there were 64 data samples from 16 Real Estate and Property companies that were listed on the Indonesia Stock Exchange during 2017-2021. Moreover, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 21. The research result concluded that Debt Equity Ratio (DER) had a positive and significant effect on the stock return of Real Estate and Property companies that were listed on the Indonesia Stock Exchange during 2017-2021. On the other hand, Current Ratio (CR), Return on Assets (ROA), and Total Assets Turn Over (TATO) had a negative effect on the stock return of Real Estate and Property companies that were listed on the Indonesia Stock Exchange during 2017-2021.