FUNDAMENTAL AND TECHNICAL FACTOR ANALYSIS ON STOCK PRICES

Abstract

This study aims to determine how the Analysis of Fundamental (Debt to Equity Ratio and Earning Per Share) and Technical (Inflation and Interest Rates) Factors on Stock Prices. The population in this study were all Property and Real Estate Sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022 with a total of 84 companies. The sample taken was 25 companies with the sampling method used was purposive sampling. This study uses secondary data obtained from financial reports and data published by the Indonesia Stock Exchange and Bank Indonesia which are analyzed by descriptive methods and multiple linear regression tested with classical assumptions, Goodness of Fit Test Model Test (Coefficient of Determination), T-Test, and F-Test. This research uses quantitative methods to collect data. The results showed: Debt to Equity Ratio has a positive effect on stock prices, Earning Per Share has a positive effect on stock prices, Inflation has no negative effect on stock prices, and Interest rates have no positive effect on stock prices.