Pengaruh Kinerja Keuangan Terhadap Return Saham Perusahaan Sektor Kesehatan Yang Terdaftar di Bursa Efek Indonesia Pada Masa Pandemi Covid-19 Periode 2020-2022

Abstract

The Covid-19 outbreak has made the economy in Indonesia unstable. The rise in health cases due to the Corona outbreak has made the governmen prioritize the health sector. This mayi havei an impacti on the Stock Exchange profits of health company shares. The graph of the development of stocki pricesi in the health sector for 2020 - 2022 on the Indonesiani Stocki Exchangei has experienced fluctuations. Stock returns can influencedi by severali factors, one of which is ifinancial performance. The companys financiali performancei can be measured through the Currenti Ratioi (CR), Debti to Equityi Ratioi (DER), Returni on Assets (ROA), and Totali Asseti Turnoveri (TATO). The problemi formulationi and aim of this research is to determinei the effect of Currenti Ratioi (CR), Debti to equityi Ratioi (DER), Returni on Assetsi (ROA), and Totali Asseti Turnoveri (TATO) on stock returns in health sectori companis listed on the Stock Exchangei Indonesia during the iCovid-19 pandemict for the 2020-2022 period. The population and sample in this study were 17 samples using purposiv sampling technique. The data analysisi techniq used in this researchi is multiple linear regression. Based on the research results, it can be seen that the variables Currenti Ratioi (CR), Debti to Equityi Ratioi (DER), Returni on Assetsi (ROA) and Totali Asseti Turnoveri (TATO) have a positive effect on stock returns. The results of the coefficient of determination test show that the imagnitude of the iinfluence of the variables Currenti Ratioi (CR), Debt to Equityi Ratioi (DER), Returni on Assetsi (ROA) and On stock returns, Totali Asseti Turnoveri(TATO) is 68.4%, with approximately 31.6 percent influenced by non-research-related factors