Pengaruh Hubungan Antara Volatilitas Saham, Beta Resiko, dan Return On Investment Dalam Pasar Modal

Authors

  • Maria Yovita R. Pandin Universitas 17 Agustus 1945 Surabaya
  • Savira Anjelin Universitas 17 Agustus 1945 Surabaya
  • Dyahnesa Harul Puspitaningrum Universitas 17 Agustus 1945 Surabaya
  • Mutiara Frakusyari W. Universitas 17 Agustus 1945 Surabaya
  • Ivelia Nurma Tis'a Laili Universitas 17 Agustus 1945 Surabaya

DOI:

https://doi.org/10.51903/jupea.v5i1.4614

Keywords:

Stock Volatility, Beta Risk, Return on Investment, Capital Market

Abstract

The capital market holds a pivotal role in the economy, serving as a platform where investors assess the balance between risk and return. This study aims to analyze how Stock Volatility influences both Beta Risk and Return on Investment (ROI), as well as to examine the impact of Beta Risk on ROI for stocks listed on the Indonesia Stock Exchange in 2024. Utilizing a quantitative approach through path analysis, the findings indicate that Stock Volatility has a statistically significant negative effect on ROI, while its influence on Beta Risk is not significant. Conversely, Beta Risk shows a significant negative relationship with ROI. These outcomes suggest that higher levels of systematic risk tend to reduce investment returns. The results of this study offer practical insight for investors seeking to understand stock risk behavior in the capital market.

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Published

2025-06-30

Issue

Vol. 5 No. 1 (2025): Januari: Jurnal Publikasi Ekonomi dan Akuntansi

Section

Articles

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