Browsing by Author "Nabilla"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    DOES FUNDAMENTAL ANALYSIS STILL INFLUENCE SHARE MARKET PRICE?
    (Solid State Technology Volume: 63 Issue: 4, 2020) Wijaya, Aida; Nabilla; Ramadhani, Zaki Dzulfikar; Faza Aulia, Vania; Syanindhita, Raissa
    Often research in accounting were conducted in Stock Exchange, due to the assumption that financial report should be used for decision making and stock exchange is the place where decision making occurred every seconds. Financial report provides information for fundamental analysis, such as profitability ratio. This ratio often used for the decision for share trading and in theory should be reflected in the share market price. Due to the many factors, which could affect the share pricing, the question raised was: does profitability ratio still significantly influence the share market price? This research aimed to find out whether profitability ratio influence the share market price, using the regression method and paired sample test to measure the influence of profitability ratio on the share market price before and after the release of financial report. The sample of this research was financial reports and share market price of automotive component manufacture companies listed in Indonesian Stock Exchange (IDX) during the period of 2016 – 2019. The regression models showed that the profitability ratios did not have any significant influence on the share market price and no significant differences in share market price between before and after the issuance of financial report. This concludes that profitability information was not the major factor in determining share market price.