Journal of Accounting Research, Utility Finance and Digital Assets (JARUDA)
Vol. 4 No. 1 (2025): July

DETERMINATION OF STOCK PRICE VOLATILITY IN CHEMICAL GOODS SUB-SECTOR COMPANIES ON THE INDONESIA STOCK EXCHANGE IN THE 2020-2023 PERIOD

Siti Zahara (Unknown)
Chairil Akhyar (Unknown)
Ristati (Unknown)
Zulfan (Unknown)



Article Info

Publish Date
27 Jul 2025

Abstract

This study aims to analyze the effect of financial and macroeconomic variables on stock price volatility in chemical sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2023 period. The population in this study were chemical sub-sector companies listed on the Indonesia Stock Exchange for the 2020-2023 period. The research sample was 15 chemical sub-sector companies obtained using purposive sampling technique. The data collection technique used was documentation. Data analysis was carried out using panel data regression analysis technique using E-views. The results of the study showed that partially the current ratio variable did not have a negative and insignificant effect on stock price volatility. Return on assets, inflation and interest rates did not have a positive and insignificant effect on stock price volatility in chemical sub-sector companies listed on the Indonesia Stock Exchange for the 2020-2023 period.

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Journal Info

Abbrev

go

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting Research, Utility Finance and Digital Assets (JARUDA) | ISSN (e): 2962-973X provides a forum for academics and professionals to share the latest developments and advances in knowledge and practice of business management, both theory and methods. It aims to foster the exchange ...