


Jakarta Composite Index (JCI) modeling using exogenous covid-19 variables was carried out with multiple regression and produced a deterministic trend ARIMAX model with ARIMA model residuals (1,1,2). Di dalam perdagangan saham, volume saham adalah metrik atau indikator yang digunakan oleh investor dan trader untuk melihat kuantitas transaksi dalam periode tertentu. In this study the ARIMAX method will be applied toįorecast the Jakarta Composite Index (JCI) with the exogenous covid variable. The data used are daily data on the Jakarta Composite Index (JCI) except for holidays, totaling 388 data, from January 2,Ģ019 to July 30, 2020. Menurut Rahardjo (2006:35), Harga saham adalah merupakan refleksi nilai dari. The Covid-19 pandemic caused the Jakarta Composite Indeks (JCI) to become unstable. After the Covid-19 pandemic broke out widely in Indonesia from March 2, 2020, the JCI figure became 5361.25 and increasingly unstable until March 24, 2020, amounting to 3937.63. Jika suatu saham memiliki banyak investor maka harga pasar saham tersebut akan tinggi, atau sebaliknya. JCI from before the Covid-19 pandemic on Decemamounted to 6299.54. The outbreak of the Covid-19 outbreak can affect the Indonesian economy, one of which is from the Jakarta Composite Index (JCI). Renea Shinta Aminda, SE.MMĬomposite stock price index, inflation, interest rate, gold price.The Covid-19 pandemic is spreading rapidly throughout the world, one of which is Indonesia. The results of multiple regression analysis show that (1) there is no influence between inflation on the Composite Stock Price Index (2) there is no influence between interest rates on the Composite Stock Price Index (3) there is an influence between the gold price on the Composite Stock Price Index (4) there is no there is an influence between world oil prices on the Composite Stock Price Index. The method used in this study is a multiple linear regression analysis model using the OLS method. FAKTOR PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN JAKARTA ISLAMIC INDEX (JII). This study uses monthly data from 2012 – 2019. This study aims to determine the effect of inflation, interest rates, gold prices, and also world oil prices on the Composite Stock Price Index. Many indicators can affect the Composite Stock Price Index, such as inflation, interest rates, gold prices, and world oil prices.


The Composite Stock Price Index is an indicator of stock price movements and also to measure the combined performance of all stocks listed on the Indonesia Stock Exchange, as well as being a guide in investing for investors.
