ESTIMASI TINGKAT PENGEMBALIAN SAHAM SEKTOR MANUFAKTUR YANG TERCATAT DI BURSA EFEK INDONESIA
Abstract: This study aims to
find out and at the same time test empirically whether financial performance
can be used as an estimator of the stock returns of listed manufacturing sector
in Indonesia Stock Exchange. Data analysis tool used is ordinary least square
regression (OLS). Based on data analysis using SPSS program version 15 obtained
the conclusion that fundamental analysis, with explanatory variables of
financial performance, can not be used as an estimator of the stock returns of
manufacturing sector. This means that this research hypothesis was rejected.
Thus, investors should not need to consider the financial performance at a
particular time in making their investment decisions.
Keywords: Capital Market,
Indonesian Stock Market, IDX, Fundamental Analysis, Semi Strong Efficiency
Penulis: Warsono
Kode Jurnal: jpmanajemendd100331
