THE EFFECT OF ADJUSTED BETA, CURRENT RATIO, TOTAL ASSET TURNOVER, DEBT TO EQUITY RATIO, RETURN ON EQUITY, AND PRICE TO EARNINGS RATIO TO STOCK RETURNS OF MANUFACTURING COMPANIES LISTED IN INDEX LQ-45 IN THE PERIOD OF 2015 -2019

• Main Author: Reza Akbar, Muhammad
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/52579
• Institution: Institut Teknologi Bandung

The development of economy allowing the people to be increasingly aware of the importance of investing. According to the Ministry of Industry of the Republic of Indonesia (2019), investors invest up to Rp 216. trillion in the manufacturing industry. Previously, investors needed to consider the risks that arise and see the company's good financial performance for a company. Therefore, financial reports must be provided to provide a fair description of the company's financial position and results of performance. The independent variables stated in this study are adjusted beta, liquidity ratio (CR), activity ratio (TATO), solvency ratio (DER), profitability ratio (ROE), and market ratio (PER). The dependent variable in this study is stock returns. Based on the objective, the type of research used is applied research with a quantitative approach. This study uses secondary data, namely adjusted beta data from PEFINDO, company financial reports (www.idx.co.id), and historical prices (www.yahoofinance.com). The sampling technique was nonprobability sampling, namely purposive sampling. The results showed that CR and ROE had a partial effect on stock returns. Meanwhile, adjusted beta, CR, TATO, DER, ROE, and PER have a simultaneous effect on stock returns. These results are obtained from the tests that have been carried out