MACROECONOMIC ANALYSIS OF STOCK RETURNS

Handra Tipa, Neni Marlina Br Purba, Yuliadi Yuliadi, Viola Syukrina E Janrosl
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Abstract

This study was done to investigate how the macroeconomic environment affects stock returns. Whereas sampling is based on the research criteria, the population of the study consists of financial organizations registered in LQ45. A number of analyses, including descriptive analysis, traditional presumptions, and hypothesis testing (t test, f test, and r square test), are used in the data processing approach. According to the analysis test, while inflation and interest rates have an impact on stock returns, it is not statistically significant. In contrast, the stock return has a considerable impact on the currency rate. The three independent variables have a considerable impact on stock returns when tested together.
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股票收益的宏观经济分析
本研究旨在探讨宏观经济环境如何影响股票收益。根据研究标准进行抽样,研究对象包括在 LQ45 注册的金融组织。在数据处理方法上,使用了一些分析方法,包括描述性分析、传统推定和假设检验(t 检验、f 检验和 r 平方检验)。根据分析检验,虽然通货膨胀率和利率对股票收益率有影响,但在统计上并不显著。相反,股票收益率对货币汇率有相当大的影响。三个自变量一起测试时,对股票收益率有相当大的影响。
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