The Effect Of Liquidity, Inventory Turnover, Leverage And Profitability On Stock Returns (Study on Companies That Have Entered JII Issuer Period 2018-2022)
Abstract
This study aims to determine the effect of Liquidity, Inventory Turnover, Leverage, and Profitability on Stock Returns. The population in this study are companies that have been included in the Jakarta Islamic Index (JII) index in 2018 - 2022. The sampling method used was purposive sampling method and obtained 30 companies with a total sample of 150 financial statements which became the object of research. The data analysis method is quantitative analysis using multiple linear regression analysis and hypothesis testing using the SPSS 26 program. The results showed that liquidity, inventory turnover, leverage, and profitability simultaneously affect stock returns. While partially the variable return on assets has a significant positive effect on stock returns, leverage and return on equity have a significant negative effect on stock returns, while liquidity and inventory turnover have no effect on stock returns.