标题：ANALYSIS OF THE EFFECT OF FUNDAMENTAL FACTORS AND SISTEMATIC RISK TO STOCK PRICE ON THE PROPERTY AND REAL ESTATE INDUSTRY IN INDONESIA STOCK EXCHANGE
摘要：Keyword: Key words: Fundamental, Sistematic Risk, Stock Exchange. Abstrack:ABSTRACT:Investment is the placement and the various assets to get the optimum return in the future. Investors are always looking for alternatives which provide the highest investment return with a certain risk level. For invest in shares of analysis needed to measure the value of stocks, namely fundamental analysis and technical analysis. In addition to the analysis fundamentals, investors should consider the investment risks in stock market shares. Market risk is closely linked to changes in stock prices of certain types or groups which are caused by investors' anticipation of changes in the expected level of returns. This study aimed to investigate the influence of fundamental factors and systematic risk to the stock price either simultaneously or partially. Sampling was done with non-probability sampling method. The samples taken are industry Property and Real Estate (32 companies) listed on the Indonesia Stock Exchange that has a complete Financial Statements for the last 5 years from the year 2004-2008. Processing and analysis of data using multiple linear regression analysis were with the help of SPSS 17. The variables used consisted of variable bound and unbound variables, where the dependent variable is the stock price and not the dependent variable is EPS, BVS, ROA, PBV, the House of Representatives, DER, Beta. The results showed fundamental factors simultaneously, all fundamental factors (EPS, BVS, ROA, Parliament,) and systematic risk (beta) effect on stock prices. While fundamental factors only partially (ROA) affect stock prices. Profitability is high indicates that the company earned high profits which in turn will raise the company's stock price. So the ROA will affect the amount of company stock price, while other fundamental factors, namely EPS, BVS, the House and Beta has no effect.
