Analysis of Fundamental Factors Affecting Islamic Bank Share Prices in Indonesia

Gustika  Nurmalia; Yudhistira  Ardana

Article Details

Analysis of Fundamental Factors Affecting Islamic Bank Share Prices in Indonesia

Authors:

Gustika Nurmalia | Yudhistira Ardana

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.9 Issue 16, pp.717-738

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001513276

pISSN:

2518-668X

Keywords:

Abstract:

 While investing in the stock market can generate profits, it can also generate losses. Understanding the impact of certain important components on stock prices can help investors make more profitable investment decisions. The study investigated the key components that influenced the price of sharia bank Indonesian shares. Secondary data used for research. The information comes from monthly financial statements compiled from June 2018 to December 2020. The study looked at the impact of the shock and long-term response of each variable on the stock price using the Vector Error Correction Model (VECM). In the long run, PER and ROE variables have a positive effect on the stock price, but EPS has a negative effect. Unlike other variables, DER and PBV do not affect the stock price. The main factor is the EPS, which has a big and positive impact on the stock price in the short term. DER and PER have a very negative impact on the value of stocks. PBV has a negative but non-significant impact, while ROE has a positive but not significant impact.

Article Details

Analysis of Fundamental Factors Affecting Islamic Bank Share Prices in Indonesia

Authors:

Gustika Nurmalia | Yudhistira Ardana

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.9 Issue 16, pp.717-738

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001513276

pISSN:

2518-668X

Fundamental Factor

Stock Price

Vector Error Correction Model

Issues

Article Details

Analysis of Fundamental Factors Affecting Islamic Bank Share Prices in Indonesia

Authors: Gustika Nurmalia | Yudhistira Ardana

Publisher: KnE Social Sciences

Journal: KnE Social Sciences Vol.9 Issue 16, pp.717-738

Document Type: Article

Publication Date: 5/2024

Document Language: English

Document ID (Org No.): 2001513276

pISSN: 2518-668X

Fundamental Factor

Stock Price

Vector Error Correction Model

Issues

Authors:

Gustika Nurmalia | Yudhistira Ardana

Publisher:

KnE Social Sciences

Journal:

KnE Social Sciences Vol.9 Issue 16, pp.717-738

Document Type:

Article

Publication Date:

5/2024

Document Language:

English

Document ID (Org No.):

2001513276

pISSN:

2518-668X