Pengaruh Faktor Fundamental dan Teknikal Terhadap Harga Saham Pada Sub Sektor Makanan dan Minuman Yang Terdaftar Di BEI Periode 2018-2020

Abstract

The Industrial Revolution 4.0 or the Digital Disruption Era, has brought major changes in all sectors of society in Indonesia and its surroundings as a result of technological breakthroughs and digitalization. This study aims to determine the effect of fundamental factors and technical factors on stock prices in the sub-sector of food and beverage companies listed on the Indonesia Stock Exchange (IDX) during the 2018-2020 period. The variables used in this study are fundamental variables which are reflected by Current Ratio (CR), Return On Assets (ROA), and Debt To Equity Ratio (DER), while technical variables are reflected by stock trading volume and past stock prices. This research was conducted using secondary data, namely financial reports that can be accessed through the official IDX website. The population in this study is the sub-sector of food and beverage companies listed on the Indonesia Stock Exchange (IDX). The sample of this research is 19 companies with purposive sampling technique. The data analysis technique used descriptive analysis with the help of the SmartPLS Vers 3.0 program. The results showed that fundamental factors had no significant effect on stock prices, and technical factors had a significant effect on stock prices in the food and beverage sub-sector.