The Effect Of Trading Frequency, Trading Volume And Market Capitalization On Stock Returns On The Lq45 Company Listed At Idx In The Period 2017 – 2021
DOI:
https://doi.org/10.32528/issh.v2i3.371Keywords:
Trading Frequency, Trading Volume, Market Capitalization, Stock ReturnAbstract
This study sights to figure out the effect of trading frequency, trading volume and market capitalization towards stock returns in LQ45 index companies which officially listed on the Indonesia Stock Exchange (IDX). This research has been collecting data for previous 5 years, it is during the period of 2017-2021. This research method uses a quantitative descriptive method. The total 45 companies have been listed as population of this research in view of the fact that those are labelled as LQ45 index companies which officially listed on the Indonesia Stock Exchange (IDX) during the year period of 2017-2021. Through purposive sampling technique, there have been opted 21 companies which representatively complete the sample criteria completion. In addition, Panel data regression analysis which practically analyzed on the Eviews 12 program has been applied as analytical method of this conducted research. The gained results confirm that trading frequency meets a significant negative effect towards stock return, however, trading volume and market capitalization meets a significant positive effect towards stock return. Furthermore, trading frequency, trading volume and market capitalization simultaneously meet an effect towards stock return.
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