Analisis Investasi pada PT Bank Rakyat Indonesia Tbk Ditinjau dari Kinerja Keuangan dan Risiko Investasi
DOI:
https://doi.org/10.61404/mutiara.v4i4.575Keywords:
Investment, Profitability, Risk, StocksAbstract
Banking profitability does not always align with stock price movements. This study evaluates financial performance, investment risk, the effects of financial ratios on stock prices, and investment feasibility at PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) during 2020–2024. The study uses 20 quarterly observations. Variables include ROA, ROE, CAR, NPL, and LDR. Analyses comprise descriptive statistics, multiple linear regression, beta, standard deviation, Coefficient of Variation, Sharpe Ratio, and Value at Risk (VaR). Results indicate improved fundamentals, with NPL at 2.19% and CAR at 23.89%. ROA and ROE significantly positively affect stock prices, whereas NPL has a significant negative effect; CAR and LDR are insignificant. Collectively, financial ratios explain 84.7% of stock price variation. Risk indicators include beta of 1.10, standard deviation of 8.47%, Sharpe Ratio of 0.28, and 95% VaR of −12.11% quarterly. This study’s novelty lies in integrating fundamental analysis, stock prices, returns, and risk indicators. Despite strong fundamentals, BBRI investment decisions require consideration of market risk and investor risk tolerance.
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