Pengaruh Kinerja Keuangan terhadap Return Saham Jakarta Islamic Index (JII) Periode 2019-2023

Abstrak

The study entitled "The Effect of Financial Performance on Jakarta Islamic Index (JII) Stock Returns for the 2019-2023 Period" aims to determine the effect of financial performance on stock returns. The dependent variable used in this study is stock returns. While the independent variable is Financial Performance which is measured by the Current Ratio (CR), Return On Asset (ROA), Debt to Equity Ratio (DER) and Total Asset Turn Over (TATO). The population in this study were companies included in the Jakarta Islamic Index (JII) list for the 2019-2023 period. The sampling technique used the purposive sampling method, so that a total sample of 15 companies was obtained that were consistently included in the Jakarta Islamic Index (JII) list for the 2019-2023 period. The data analysis technique in this study used multiple linear regression analysis. The results of the analysis in this study showed that the Current Ratio (CR), Return On Asset (ROA), Debt to Equity Ratio (DER) and Total Asset Turn Over (TATO) had a significant positive effect on Stock Returns.