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