FACTORS INFLUENCING STOCK PRICE VOLATILITY ON THE IDX (CASE STUDY OF FOOD AND BEVERAGE SUB-SECTOR COMPANIES, 2021–2025)

Zhindi Fitra Putri Pradana, Liliek Nur Sulisytowati, Rollis Ayu Ditasari

Abstract


Stock price volatility is an important factor that reflects investment risk and market uncertainty. Understanding the factors affecting stock price volatility is essential for investors and companies in making investment decisions. This study aims to analyze the effect of asset growth, inflation, firm size, and exchange rate on stock price volatility in food and beverage companies listed on the Indonesia Stock Exchange during the 2021–2025 period. This study uses a quantitative approach with secondary data obtained from company financial reports and relevant economic data. The sample was selected using the purposive sampling method, resulting in 43 companies with a total of 215 observations. Data analysis was performed using multiple linear regression analysis. The results indicate that asset growth, inflation, firm size, and exchange rate have a significant effect on stock price volatility. These findings demonstrate that stock price volatility is influenced by both internal company factors and external macroeconomic conditions. This study provides insights for investors and companies to consider financial performance indicators and economic conditions when evaluating investment risks and managing stock market uncertainty.


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