ANALISIS FAKTOR FUNDAMENTAL TERHADAP EXCESS RETURN SAHAM SYARIAH PERUSAHAAN JAKARTA ISLAMIC INDEX

Azwar Azwar, Indo Yama Nasarudin, Arief Mufraini, Suhendra Suhendra, Sihabudin Noor

Abstract


The study concluded that based on the results of testing by using multiple regression analysis, there are four variables that significantly affect the excess return variables, they are: BV,
DER, ROE and SWBI. Besides, they are other variables such as PER, nflation, and exchange rate had no significant effect on the variable excess stock returns. Thus, it can be assumed that the JII firms during the study period was fulfilling aspects of sharia compliance. The indications are book value can represent the real value of the assets of the company itself and the highest ratio of debt to asset is 2.84%. meanwhile, the highest determination of Islamic National Council is 33%

DOI: 10.15408/aiq.v3i1.2501


Keywords


fundamental factors; excess return; stock

Full Text:

PDF


DOI: https://doi.org/10.15408/aiq.v3i1.2501

Refbacks

  • There are currently no refbacks.




Hasil gambar untuk DOAJ CrossRef/public/site/images/rianto-arif/logogaruda-kecil_94 http://onesearch.id/themes/ischolarly/images/logo-onesearch-icon.png

MoraRefISJD LIPISHERPA/RoMEO Logo

Hasil gambar untuk neliti.com

 

View My Stats

License

This work is licensed under CC BY-SA

© All rights reserved 2015.