FAKTOR-FAKTOR YANG MEMPENGARUHI TURUNNYA HARGA SAHAM YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The stock prices of automotive companies and their components experienced fluctuating
changes but on average decreased, this decline was caused by an analysis of liquidity,
activity and profitability. The purpose of this research is to see the effect of partial or
simultaneous liquidity, activity and profitability on the decline in stock prices of automotive
companies and their components listed on the Indonesia Stock Exchange (IDX) in 2017-
2021. The type of data in this study is quantitative, the source of data in this study is
secondary data with SPSS 22 analysis, the tests carried out are classical assumption
tests, multiple linear regression and also hypothesis testing with t-test and f-test. The
sample in this study is included in the type of purposive sampling. Partial results show that
liquidity has no effect on the decline in stock prices with a value (-1.449 < 2.007), activity
affects the decline in stock prices with a value (7.012 > 2.007), profitability does not affect
the decline in stock prices with a value (0.250 > 0.05) , Simultaneously liquidity, activity
and profitability affect the decline in stock prices with (16,608 > 3.18). In conclusion,
Liquidity has no effect on the decline in stock prices or H1 is rejected, Activity affects the
decline in stock prices or H2 is accepted, Profitability does not affect the decline in stock
prices or H3 is rejected, Liquidity, Activity and Profitability affect the decline in stock prices
or H4 is accepted.