PENGARUH RETURN ON ASSETS, RETURN ON EQUITY, CURRENT RATIO TERHADAP HARGA SAHAM

Abstract

This research airmed to example the effect of Return On Assets, Return On Equity, and Current Ratio on the stock pride of mining sub sector oil and natural gas which wee listed on Indonesia Stock Exchange 2014-2018. The research was quantitative. Moreover, the data collection technique used saturated sampling. In line with, there were 7 companies as sample. Furthermore, the data analysis technique used multiple linear regression, classical assumption test (normality test, multicollenaritty test, autocorrelation test and heteroscedacity), proper model test (F-test and determination coefficient analysis, i.e. R2), and hypothesis test with t test and SPSS (Statistical Product and Service Solutions). The classial assumption test concluded there was no violence in this test, additionally, from proper model test with F-test and determination coefficient analysis, it showed the model was properly used to have research. In addition, based on multiple linear regression and hypothesis test (t-test), it concluded Return On Assets and Return On Equity had positive and significant effect on the stock price. On the other hand, Current Ratio had negative and insignificant effect on the stock price.
Keywords: return on assets, return on equity, current ratio, stock price