ANALISIS RASIO KEUANGAN TERHADAP RETURN SAHAM INDEKS INFOBANK15

This study aims to determine the effect of Loan to Deposit Ratio (LDR), Operational Efficiency Ratio (BOPO), Return On Asset (ROA) and Capital Adequacy Ratio (CAR) to stock returns included in the Infobank15 stock index for the period March 2015-December 2019. The population of this study were 44 banking companies listed on the Indonesia Stock Exchange in 2015-2019. Determination of sample using Purposive Sampling techniques. The sample of this study was determined using Purposive Sampling technique. The samples used were 15 banks listed in the Infobank15 stock index. Analysis technique using data panel regression analysis method. The results of this study is that simultaneously the LDR, BOPO, ROA and CAR variables have a significant effect on Stock Return which is included in the Infobank15 stock index for the period March 2015-December 2019. Then partially, the LDR and CAR variables have a significant positive effect on stock returns. Meanwhile, the BOPO and ROA variables have a significant negative effect on stock returns included in the Infobank15 stock index for the period March 2015-December 2019