This study aims to analyze and test the influence of some fundamental factors of financial ratios that can be used to make predictions of stock price changes. This research uses quantitative method by collecting secondary data from company's financial report which is registered in index of Consumer Goods Sector during period 2013-2016 at Indonesia Stock Exchange. This data is tested by analytical model using multiple linear regression. The results showed that the fundamental variables shown in the financial ratios of Earning Per Share, Debt to Equity Ratio, Return On Equity, Return On Assets simultaneously have a significant effect on stock price changes. Based on t-test results, separately shows the variable Return On Equity, Return On Asset has significant effect on stock price changes because the greater the ratio will result in high level of corporate earnings, while the variable Earning Per Share, Debt to Equity Ratio no significant effect.
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