Stock Price Analysis of PT Bukit Asam Tbk: A Comprehensive Study

Authors

  • Listri Herlina Universitas Indonesia Membangun, Bandung, Indonesia
  • Ilham Winar Nugroho Institut Teknologi Bandung, Jakarta, Indonesia

DOI:

https://doi.org/10.38035/dar.v2i1.639

Keywords:

Stock Price, Macroeconomic Factors, OLS

Abstract

This study analyzes the stock price condition of PT Bukit Asam Tbk (PTBA) in relation to macroeconomic factors. Using the ordinary least squares regression method, four independent variables from macroeconomics namely Inflation, BI rate, GDP, and Exchange Rate were examined. The results demonstrate that these variables significantly influence PTBA's stock price, with Inflation and GDP positively affecting it, while the BI rate and Exchange Rate have negative impacts. The conclusion emphasizes the importance of understanding external dynamics that affect a company's stock price in complex industries such as coal mining. This research provides strategic insights for investors and corporate management in navigating volatile market challenges.

References

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Published

2024-07-30

How to Cite

Herlina, L., & Winar Nugroho, I. (2024). Stock Price Analysis of PT Bukit Asam Tbk: A Comprehensive Study. Dinasti Accounting Review, 2(1), 1–6. https://doi.org/10.38035/dar.v2i1.639

Issue

Vol. 2 No. 1 (2024): Dinasti Accounting Review (July - September 2024)

Section

Articles

License

Copyright (c) 2024 Listri Herlina, Ilham Winar Nugroho

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