Pengaruh Return On Asset (ROA), Return On Equity (ROE) &Price Earning Ratio (PER) Terhadap Return Saham Dengan Perceived Risk Saham Sebagai Variabel Moderating

Abstract

This study uses an empirical study for the Automotive and Spare Parts Subsector companies in Southeast Asia for the 2012-2019 period. Therefore, this study aims to determine the analysis of the effect of Return On Assets (ROA), Return On Equity (ROE) and Price Earning Ratio (PER) on Stock Returns with Perceived Risk of Stocks as Moderating Variables. The data used is secondary data from the Southeast Asian Stock Exchange for the period 2012-2019. The sampling method in this study obtained 7 companies with 56 samples. The analysis technique used is moderated regression analysis (MRA), multiple linear regression, partial test and simultaneous test. The study concludes that all independent variables have an effect on Stock Return but are not significant. And Perceived Risk of Stocks does not moderate ROA, ROE and PER on Stock Return.

Keywords: Return On Assets (ROE), Return On Equity (ROE) and Price Earning Ratio (PER), Perceived Risk of Stocks and Stock Returns.