PENGARUH FAKTOR FUNDAMENTAL DAN VOLUME PERDAGANGAN SAHAM TERHADAP HARGA SAHAM SYARIAH 2014 - 2018

Achmadi Achmadi, Ifayani Haanurat, Andi Rustam

Abstract


This study aims to determine the effect of fundamental factors represented by four variables, namely: Return on Assets (ROA), Debt To Equity Ratio (DER), Current Ratio (CR) and Book Value (BV) as well as stock trading volume (TVA) on prices. Sharia stocks for the 2014-2018 period in companies in the Jakarta Islamic Index (JII) were 30 companies and the cross section data became 15 companies in a row from 2014-2018 using a significance level of α = 5%. This study has a quantitative approach, descriptive and associative types, using multiple linear regression analysis and using SPSS for windows.The regression results in this study indicate that the independent variables ROA, DER and Book Value partially have a significant effect on Islamic stocks. Only the Current Ratio has no significant effect on Islamic stocks. And among these fundamental factors the most dominant influence on Islamic stock prices in JII is Return On Assets (ROA) during the 2014-2018 period. Then the trading volume of shares affects the price of Islamic shares. Keywords: Fundamentals, Stock Trading Volume, Stock Prices

Full Text:

PDF

References


Ana Rokhatussa’dyah dan Suratman, 2011, Hukum Investasi Pasar Modal, (Jakarta: Sinar Grafika, 2011).

Askam Tuasikal, 2002, “Penggunaan Informasi Akuntansi Untuk Memprediksi Return Saham : Studi Terhadap Perusahaan Pemanufakturan dan Non-Pemanufakturan,” Jurnal Riset Akuntansi Indonesia, Vol.5, No.3. September 2002.

Darmadji, Tjiptono dan Fakhruddin, 2006. “Pasar Modal di Indonesia”. Jakarta: Salemba Empat.

Djoko Susanto, Agus Sabardi, 2010, Analisis Teknikal di Bursa Efek, Yogyakarta: YKPN, 2010.

Dwi Budi Prasetyo Supadi M. Nuryatno Amin, 2012 Media Riset Akuntansi, Auditing & Informasi, Vol. 12, No. 1, April 2012

Ghozali, Imam. 2009. Aplikasi Analisis Multivariate dengan program SPSS. Semarang : Badan Penerbit UNDIP

Hamid, Abdul, 2009. “Pasar Modal Syariah”. Jakarta: Lembaga Penelitian UIN Jakarta.

Mahardika Rajib Alamsyah, Dikdik Tandika, dan Nurdin, 2017, “Pengaruh Faktor Fundamental dan Volume Perdagangan Saham terhadap Harga Saham (Studi Kasus Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2014). Prosiding manajemen Unisba, Vol 3, No 1, Prosiding Manajemen (Februari, 2017)

Martalena dan Maya Malinda, 2011. “Pengantar Pasar Modal”. Yogyakarta: Andi.

Muksal, 2017, “Analisis Faktor-Faktor Yang Memengaruhi Harga Saham Syariah (Studi Pada Pasar Sekunder Jakarta Islamic Index (JII) Tahun 2009-2013), Jurnal Akad Vol 1, No 1 (2016).

Ni Made Ayu Krisna Dewi dan Gst Ngr Agung Suaryana, 2016, ”Pengaruh Volume Perdagangan Saham, Leverage, Dan Tingkat Suku Bunga Terhadap Volatilitas Harga Saham” ISSN: 2302-8556 E-Jurnal Akuntansi Universitas Udayana Vol.17.2. November (2016): 1112-1140

Otoritas Jasa Keuangan, Pasar Modal Syariah, artikel diakses pada 20 Maret 2017 dari http://www.ojk.go.id/sharia-capital-id.

Rodoni, Ahmad, 2005. “Analisis Teknikal dan Fundamental pada Pasar Modal”. Jakarta: Center for Social Economics Studies (CSES) Press.

Rodoni, Ahmad, 2009. “Investasi Syariah”. Jakarta: Lembaga Penelitian UIN Jakarta.

Suhartono dan FadillahQudsi. 2009. Portofolio Investasi dan Bursa Efek. Yogyakarta: UPP STM YKPN.

Tenriola Samsuar dan Akramunnas, 2017, “Pengaruh Faktor Fundamental Dan Teknikal Terhadap Harga Saham Industri Perhotelan Yang Terdaftar Di Bursa Efek Indonesia”. MASHRAFIYAH, Jurnal Ekonomi, Keuangan dan Perbankan Syariah Volume 1, Nomor 1 Oktober 2017: 116-131




DOI: https://doi.org/10.26618/competitiveness.v9i2.4737

DOI (PDF): https://doi.org/10.26618/competitiveness.v9i2.4737.g3312

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.