Pengaruh Beta Saham dan Tingkat Suku Bunga SBI Terhadap Return Saham LQ 45 Periode 2019-2020

Andi Suryanata Sanjaya Danna Solihin Zifana

Abstract


This study aims to: 1). To find out and analyze the effect of stock beta on stock returns in LQ45 companies. 2). To find out and analyze the SBI interest rate on stock returns in LQ45 companies. 3) To find out and analyze the effect of stock beta and SBI interest rate simultaneously on stock returns in LQ45 companies.      

      This study uses regression analysis techniques to test the data. The sampling technique used is purposive sampling, with the following criteria: 1. LQ 45 index companies listed on the 2019-2020 stock exchange, 2. Companies that are periodically consistent in the LQ 45 index during 2019-2020. Based on these criteria obtained as many as 35 companies.

            Results based on the research shows that beta stocks have a significant effect on stock returns, SBI interest rates have no significant effect on returns, beta stocks and SBI interest rates simultaneously have a significant effect on stock returns.


Keywords


Stock Beta, SBI Interest Rate, Stock Returns

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DOI: https://doi.org/10.31293/jma.v11i1.6050

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