The Effect of Systematic Risk, Return on Equity, and Market Sentiment on Stock Returns in Companies Listed on the IDX in 2019-2021

Authors

  • Deby Dewanty Daulay Faculty of Economics and Business, University of Sumatera Utara
  • Khaira Amalia Fachrudin Faculty of Economics and Business, University of Sumatera Utara
  • Amlys Syahputra Silalahi Faculty of Economics and Business, University of Sumatera Utara

Abstract

Banking has an important role in people's lives. The purpose of the study is to determine the Influence of Systematic Risk, Return on Equity, and Market Sentiment on Stock Returns in Companies Listed on the IDX in 2019-2021. Research Methods This type of research is an associative Research, because of the relationship and influence between one variable and another. The population used is all companies from the Banking sector which totals 10 banking companies on the IDX and registered from 2019-2021. The results of the Systematic Risk Study have a positive and significant effect on stock returns in banking companies listed on the Indonesia Stock Exchange for the 2019-2021 period. This means that the more Systematic Risk increases, the higher the Return on Shares. ROE has a positive and significant effect on Stock Returns in Banking Companies listed on the Indonesia Stock Exchange for the 2019-2021 period. This means that the higher the ROE, the higher the Return on Shares. Sentiment has a positive effect on stock returns in banking companies listed on the Indonesia Stock Exchange for the 2019-2021 period. Meaning that the more Market Sentiment increases, the Return on Stocks will increase.

Keywords: Systematic Risk, Return on Equity, Market Sentiment, Stock Return

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Published

2024-07-11

Issue

Vol. 1 No. 01 (2024): International Conferences on

Section

ARTICLES OF ICODSS PROCEEDING 2024