Stock prices and profits drive high returns for Indonesian consumer goods companies.
Stock market returns of consumer goods companies on the Indonesia Stock Exchange were analyzed from 2015-2018. Factors like stock price index, past stock prices, debt to equity ratio, and net profit margin were studied. The results showed that stock prices and past stock prices had a significant impact on stock returns, while debt to equity ratio and net profit margin did not. In simpler terms, the study found that certain factors influence stock returns for consumer goods companies in Indonesia during the specified period.