FAKTOR FUNDAMENTAL DAN RISIKO SISTEMATIK IMPLIKASINYA TERHADAP HARGA SAHAM

Abstract

The objective of the research was to examine the implication of fundamental factors and systematic risk towardthe stock’s price, especially on manufacture industrial products in Indonesian Stock Exchange. It was a surveyresearch by survey research type. The number of sample required the criteria to be examined was 20 respondentstaken by purposive sampling. Through statistical analysis, the fundamental factors having a significanteffect toward the stock’s price were return on assets (ROA), debt to equity ratio (DER), and value book. Amongthose variables, value book was the most dominant factor, and dividend payout ratio (DPR) was not significant.The other factor added having a significant effect toward the stock’s price was systematic risk measuredby beta index.