PENGARUH PROFITABILITAS, SOLVABILITAS, INFLASI DAN TINGKAT SUKU BUNGA TERHADAP RETURN SAHAM

Abstract

Stock Return is one of the indications from an investor before they invest in the capital market. Because an investor expects to get a good return from the stock investment risk which has been invested. The investor searches for information before conducting an investment to a certain company in order to see the return level which is given by the company to the investors. The research used information data as the benchmark of the stock return level of the company in order to observe Return On Equity (ROE), Debt to Equity Ratio (DER), Inflation, and interest rates. A chosen banking company was used as the research population listed on Indonesia Stock Exhange in the 2015-2019 periods. Furthermore, the research sample of this research use purposive sampling based on the determined criteria, with 43 population of banking companies, and the sample in accordance with the criteria, with 43 population of banking companies, and the sample in accordance with the criteria it obtained 26 companies. Moreover, the research data analysis method used multiple linear regressions analysis. The research result showed that Return On Equity (ROE) a positive effect on the stock return. Debt to Equity Ratio (DER) had not affected the stock return. The inflation did not affect the stock return. Meanwhile, the variabel of intersest rates level had a negative effect on the stock return.
Keywords: stock return, return on equity, debt to equity ratio, inflation rate, interest rate level