The impact of fundamental analysis towards stock return: evidence from technology companies listed in Bursa Malaysia / Nur Saffura Malek Fadzil

Fundamental analysis is one of the methods used by investors when making any investment decisions, as it measures the growth of the company through the financial ratio. However, investors having difficulties in recognising which are financial ratios that are the right variables to help them make inv...

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Bibliographic Details
Main Author: Malek Fadzil, Nur Saffura
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/61257/2/61257.pdf
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Summary:Fundamental analysis is one of the methods used by investors when making any investment decisions, as it measures the growth of the company through the financial ratio. However, investors having difficulties in recognising which are financial ratios that are the right variables to help them make investment decisions. Whereas, the indicators are liquidity, leverage, activity, profitability and market ratios. Therefore, this research is to investigate the impact of fundamental analysis towards stock return from technology companies listed in Bursa Malaysia from year 2009 until 2018. In this research, only secondary data are used, which are already published and can be obtained from previous journal or articles and panel regression analysis is used for the data analysis. This research used E-Views to run all the collected data in order to get the findings. This research used five independent variables and one dependent variable. Current ratio, debt to equity, total asset turnover, return on asset and earning per share is used as independent variables while stock return is used as dependent variable. The finding for this research shows that the independent variable of current ratio, total asset turnover ratio, and earning per share has an insignificant relationship on stock return. As for debt to equity ratio and return on asset has a significant relationship on stock return.