PENGARUH RASIO PASAR, RASIO PROFITABILITAS DAN RASIO SOLVABILITAS TERHADAP RETURN SAHAM PADA INDUSTRI PERHOTELAN DI BURSA EFEK INDONESIA TAHUN 2015 - 2019

ABSTRAK Maulana Furqon. 2020. Pengaruh Rasio pasar, Rasio Profitabilitas dan Rasio Solvabilitas Terhadap Return Saham Pada Industri Perhotelan Di Bursa Efek Indonesia Tahun 2015 – 2019. Investasi adalah komitmen atas sejumlah dana atau sumber daya lainnya yang dilakukan pada saat ini dengan tujuan memperoleh sejumlah keuntungan di masa yang akan datang. Tujuan yang ingin dicapai investor dalam kegiatan investasi pasar modal adalah untuk mendapatkan keuntungan (return) yang optimal. Analisis return saham dapat dilakukan dengan menggunakan pendekatan dasar yaitu analisis fundamental. Berbagai jenis faktor fundamental tersebut diantaranya dilihat dari data keuangan, data pangsa pasar, dan siklus bisnis. Beberapa faktor fundamental yang dipilih peneliti dalam penelitian ini adalah rasio keuangan yang meliputi rasio pasar, rasio profitabilitas dan rasio solvabilitas Metode penelitian yang digunakan pada penelitian ini adalah metode penelitian kuantitatif. Pengumpulan data dalam penelitian ini dilakukan dengan menggunakan metode dokumentasi Sedangkan metode analisis data yang digunakan adalah analisis deskriptif, uji asumsi klasik, analisis regresi berganda, uji parsial, uji simultan, dan koefisien determinasi. Hasil penelitian ini adalah 1) berdasarkan hasil perhitungan uji parsial rasio pasar terhadap return saham di peroleh nilai probabilitas signifikansi sebesar 0,027 0,05 3) berdasarkan hasil perhitungan uji parsial rasio solvabilitas terhadap return saham di peroleh nilai probabilitas signifikansi sebesar 0,042 < 0,05 4) berdasarkan hasil perhitungan uji simultan rasio pasar, rasio profitabilitas dan rasio solvabilitas terhadap return saham di peroleh nilai probabilitas signifikansi sebesar 0,035 < 0,05. Kesimpulan penelitian ini adalah 1) terdapat pengaruh rasio pasar terhadap return saham. 2) tidak terdapat pengaruh rasio profitabilitas terhadap return saham. 3) terdapat pengaruh rasio solvabilitas terhadap return saham 4) terdapat pengaruh secara bersama-sama terhadap return saham. Kata kunci : Rasio Pasar, Rasio Profitabilitas, Rasio Solvabilitas, Return Saham =============================================================================================== ABSTRACT Maulana Furqon. 2020. Effects of Market Ratios, Profitability Ratios and Solvency Ratios on Stock Returns in the Hospitality Industry on the Indonesia Stock Exchange in 2015 - 2019. Investment is a commitment to a number of funds or other resources carried out at this time with the aim of obtaining a number of benefits in the future. The objective that investors want to achieve in capital market investment activities is to obtain optimal returns. Stock return analysis can be done using a basic approach, namely fundamental analysis. The various types of fundamental factors include financial data, market share data, and business cycles. Some of the fundamental factors chosen by researchers in this study are financial ratios which include market ratios, profitability ratios and solvency ratios The research method used in this research is quantitative research methods. Data collection in this study was carried out using the documentation method. The data analysis method used was descriptive analysis, classical assumption test, multiple regression analysis, partial test, simultaneous test, and the coefficient of determination. The results of this study are 1) based on the results of the calculation of the partial test of the market ratio to stock returns, the significance probability value is 0.027 0.05. 3) based on the results of the calculation of the partial test of the solvency ratio to stock returns, the significance probability value is 0.042 <0.05 4) based on the results of the simultaneous test calculation of market ratios, profitability ratios and solvency ratios to stock returns, the significance probability value is 0.035 <0 , 05. The conclusions of this study are 1) there is an effect of market ratios on stock returns. 2) there is no effect of profitability ratio on stock returns. 3) there is an effect of the solvency ratio on stock returns 4) there is a joint influence on stock returns. Keywords: Market Ratio, Profitability Ratio, Solvency Ratio, Stock Retur

Pengaruh Pendapatan Bagi Hasil Mudharabah Dan Pendapatan Operasional Lainnya Terhadap Laba Operasional Di PT. Bank Victoria Syariah

Laba Operasional adalah laba perusahaan yang diperoleh dari kegiatan usaha pokok perusahaan yang bersangkutan dalam jangka waktu tertentu. Kenaikan suatu pendapatan akan mempengaruhi kenaikan laba operasional begitu pula sebaliknya. Laba operasional dipengaruhi oleh beberapa faktor salah satunya seperti pendapatan dari bagi hasil mudharabah dan Pendapatan operasional lainnya. Namun kenaikan pendapatan bagi hasil mudharabah dan pendapatan operasional lainnya di PT. Bank Victoria Syariah pada beberapa periode tidak mempengaruhi pada kenaikan laba operasional sehingga ada penyimpangan yang terjadi pada tahun 2012 triwulan ke III, tahun 2013 triwulan ke IV, tahun 2014 triwulan II dan III, tahun 2015 triwulan ke III, tahun 2016 triwulan ke II dan III. Tujuan dari penelitian ini adalah (1) untuk menjelaskan seberapa besar pengaruh pendapatan bagi hasil mudharabah terhadap jumlah laba operaisonal pada PT. Bank Victoria Syariah periode 2011-2017 secara parsial. (2) Untuk menjelaskan seberapa besar pengaruh pendapatan operasional lainnya terhadap jumlah laba operasional pada PT. Bank Victoria Syariah periode 2011-2017 secara parsial. (3) Untuk menjelaskan seberapa besar pengaruh pendapatan bagi hasil mudharabah dan pendapatan operasional lainnya terhadap jumlah laba operasional pada PT. Bank Victoria Syariah periode 2011-2017 secara simultan. Metode peneltian ini menggunakan analisis deskriptif verifikatif dengan pendekatan kuantitatif. Jenis data yang digunakan adalah data sekunder dari laporan tahunan 2011 – 2017. Tehnik pengumpulan data yaitu kepustakaan, browser, dan dokumentasi. Analisis data menggunakan metode deskriptif, analisis regresi (sederhana, berganda), analisis korelasi, analisis determinasi, analisis uji hipotesis (uji t dan uji f). Adapun pengolahan data menggunakan SPSS for windows version 23.0 dan microsoft excel 2013 sebagai penunjang pengolahan data awal. Hasil penelitian menunjukan secara parsial nilai koefisien determinasi (R square) pengaruh Pendapatan Bagi Hasil Mudharabah terhadap Laba Operasional adalah 0,006 atau 0,6% dan thitung ttabel yaitu 2,849 > 2,060, dapat disimpulkan bahwa H0 ditolak dan H1 diterima yang artinya terdapat pengaruh dan kontribusi yang signifikan antara Pendapatan Operasional Lainnya terhadap Laba Operasional secara parsial. Kemudian secara simultan nilai koefisien determinasi (R square) pengaruh Pendapatan Bagi Hasil Mudharabah dan Pendapatan Operasional Lainnya 0,245 atau 24,5% berpengaruh terhadap Laba Operasional, sedangkan sisanya 75,5% dipengaruhi oleh faktor lain. Hasil akhir diketahui Fhitung>Ftabel atau 5,93 > 3,40. Maka H0 ditolak dan H1 diterima, artinya terdapat pengaruh dan kontribusi yang signifikan antara Pendapatan Bagi Hasil Mudharabah dan Pendapatan Operasional Lainnya terhadap Laba Operasional secara simultan

Measuring BUMDes Performance to Optimize Village Economic Growth

A village with evenly distributed economic growth is an achievement in itself, as seen by the presence of BUMDes. This does not work easily, there are deficiencies and limitations so that the existence of BUMDes can make a positive contribution to a more independent village and grow its economy. The research objective is to measure the performance of BUMDes. The object of research is BUMDes Delta Mulia in the village of Panempan Pamekasan. The research method is in the form of quantitative descriptive using a combination of analysis Malcolm Baldrige and Du Pont System in producing BUMDes performance analysis. The results of the research show that the financial aspect resulted in a decrease in performance from 2018 to 2021. The average calculation shows a result of 28.38% where this figure is below the 30% standard, which means that the performance is not optimal. From the non-financial aspect, it generates 844 points out of a maximum total of 1000 points which means that BUMDes performance is in the Benchmark Leader criteria. From the results of this study, BUMDes can carry out performance evaluations, especially on financial aspects so that their performance is better and as good as performance on non-financial aspect

SPAWNING OF BLACK GHOST KNIFEFISH, Apteronotus albifrons WITH DIFFERENT SEX RATIOS

Black ghost knifefish, Apteronotus albifrons, is a South America-introduced ornamental fish species that has been widely cultivated in Indonesia. Some farmers breed this fish with different sex ratios, but the optimum sex ratio remains unclear. This study aimed to evaluate the spawning behavior and reproductive performance of black ghost knifefish with different sex ratios. The treatments in this study were arranged in a completely randomized design consisting of different sex ratios between males and females, namely: A (one male : three females), B (two males : three females), and C (three males : three females). Each treatment was done in triplicate. The broodstock were maintained in an aquarium (80 cm x 40 cm x 40 cm) and fed with bloodworm twice a day. The water was changed every day as much as 60% of the total volume. During the experiment, the parameters of spawning behavior, number of fish spawning, number of eggs, fertilization rate, hatching rate, and daily spawning frequencies were observed. The observation was done for seven days. The study results showed that black ghost knifefish spawned at night (11 pm - 2 am). The mating and spawning occurred between one male and one female. Competition between males was observed in the treatments indicated by aggressive movements of a male toward the others, such as sudden approaching, chasing, and driving away the others. Fish in treatment-B spawned consistently from day-1 to day-5. Fish in treatment-A spawned from day-2 to day-4, while fish in treatment-C spawned only on day-7. The reproductive performance parameters showed no significant difference in all treatments except the hatching rate parameter of treatment-B. The study concludes that better reproductive performance of black ghost knifefish, A. albifrons can be achieved with a spawning ratio of two males and three females. Further research on individual and mass spawning methods with the best spawning ratio of the fish is required

Pemberdayaan Masyarakat Desa Karang Asem Timur dalam Optimalisasi Budi Daya Ikan dan Produk Olahannya

In early 2020, Karang Asem Timur Village received a grant from the Ministry of Marine Affairs in the form of a catfish farming system in buckets (budikdamber). This program is conducted by several business groups that are widely spread in the community. Many of the catfish farmers in Karang Asem Timur Village complain about the high cost of commercial feed which is commonly used, made the profits earned very insignificant and even tend to lose, thus need supervision. The IPB Serving Lecturer Program attempts to empower the people of Karang Asem Timur Village in optimizing fish farming activities and their processed products. This program as an extension of the Thematic Field Apprenticeship Lecture (KKN-T) program, partners with the catfish business group in Karang Asem Timur Village look for other feeding alternatives that are cheaper and have good nutritional content for catfish. In addition, the program also cooperates with youth organizations and family welfare empowerment to open business opportunities for processed catfish products and catfish cultured products. It is hoped that the progress and independence of the village economy can be achieved. The society eagerly participate and propose for the program to be continued gradually and sustainably in the near future.In early 2020, Karang Asem Timur Village received a grant from the Ministry of Marine Affairs in the form of a catfish farming system in buckets (budikdamber). This program is conducted by several business groups that are widely spread in the community. Many of the catfish farmers in Karang Asem Timur Village complain about the high cost of commercial feed which is commonly used, made the profits earned very insignificant and even tend to lose, thus need supervision. The IPB Serving Lecturer Program attempts to empower the people of Karang Asem Timur Village in optimizing fish farming activities and their processed products. This program as an extension of the Thematic Field Apprenticeship Lecture (KKN-T) program, partners with the catfish business group in Karang Asem Timur Village look for other feeding alternatives that are cheaper and have good nutritional content for catfish. In addition, the program also cooperates with youth organizations and family welfare empowerment to open business opportunities for processed catfish products and catfish cultured products. It is hoped that the progress and independence of the village economy can be achieved. The society eagerly participate and propose for the program to be continued gradually and sustainably in the near future

Design and performance of an automatic fish feeder with an adjustable spreader system

This study aimed to improve the feeding process in aquaculture fish farming by designing and implementing an automatic feed spreader system that can adjust the feeding amount and schedule according to the fish species and age. The research methodology included functional analysis, prototyping, and testing to evaluate the performance of the prototype. The results showed that the weight sensor on the scales had high accuracy and precision with an error of 0.61 and a deviation of 0.11, respectively. The analysis of dropping and distributing feed showed a direct proportionality between feed mass, filling time and dropping time (R2 was above 0.94). Moreover, the time of spreading the feed was directly proportional to the amount of feed given (R2 was 0.94). The electric motor for throwing activity was regulated using an inverter with a linear relationship between the motor speed and inverter frequency. Additionally, the maximum throw distance was directly proportional to the motor's rotational speed. The automatic feed spreader system can solve the problems faced by fish farmers by providing a more effective and efficient feeding process. The system's ability to adjust the feeding amount and schedule according to the fish species and age can improve the growth and health of the fish and increase the profitability of the aquaculture industry. In conclusion, this study presents a successful design and implementation of an automatic feed spreader system with reliable and accurate performance. The system's features, including adjusting the feeding amount and schedule, can provide significant benefits to the aquaculture industry. &nbsp

ANALISIS VARIASI JUMLAH SUDU 6, 8 DAN 10 BUAH PADA VERTICAL AXIS WIND TURBINE JENIS STRAIGHT BLADE

Vertikal Axis Wind Turbine (VAWT) merupakan salah satu jenis turbin angin yang dapat digunakan pada kecepatan angin yang rendah dan dapat diletakkan pada tempat yang rendah. VAWT memiliki banyak jenis terutama dari jumlah sudu dan bentuk sudunya. Pada penelitian ini jenis sudu yang digunakan adalah jenis sudu datar (straight blade) dikarenakan pembuatan untuk jenis sudu mudah dan tidak membutuhkan pembiayaan yang mahal. Penelitian ini dilakukan untuk mengetahui jumlah sudu pada Vertikal Axis Wind Turbine (VAWT) yang paling optimal antara sudu 6, 8 dan 10 buah untuk menghasilkan daya poros turbin serta efisiensi yang terbaik. Metode penelitian yang digunakan adalah metode eksperimen, di mana dilakukan pengujian pada masing-masing VAWT dengan variasi jumlah sudu. Hasil dari penelitian menyatakan bahwa daya poros turbin yang paling tinggi dihasilkan oleh VAWT dengan Jumlah blade 6 Buah dengan nilai sebesar 16,1 Watt dan efisiensi turbin yang paling tinggi dihasilkan oleh VAWT jumlah blade 6 buah dengan nilai sebesar 48,3 %

Code Mixing of the Students’ Utterances in the Matholiul Anwar Islamic Boarding School Simo Sungelebak Karanggeneng Lamongan

Code mixing is the infiltration of sentence elements from one language into another in the form of words, phrases, repetitions of words or idioms. Islamic boarding school is a place that uses several languages, both in daily communication and in the teaching and learning process. The example from the Matholi'ul Anwar Simo Sungelebak Islamic boarding school, Karanggeneng Lamongan, uses two or more languages ​​in communicating, both daily and in the teaching and learning process. Data collection methods and techniques used in this study are the listening method and the interview method. The data taken for this research material is the utterance of the students of the Matholi'ul Anwar Simo Islamic boarding school with the recording technique. This study obtained results, namely (1) the types of language used by the students at the Matholi'ul Anwar Simo Islamic boarding school are Indonesian, Javanese, English, and Arabic. (2) the form of code mixing used by the students in Islamic boarding schools is the insertion of elements in the form of words: (a) nouns (nouns), (b) verbs (verbs), (c) adjectives (adjectives), ( d) pronouns (pronominals), and (e) question words. the insertion of elements in the form of phrases, the insertion of elements in the form of clauses, the insertion of elements in the form of repetition of words, and the insertion of elements in the form of expressions or idioms. 3) the factors that cause code mixing of the students of the Matholi'ul Anwar Simo Sungelebak Karanggeneng Lamongan Islamic boarding school include: (a) the presence of other speakers, (b) respect for the interlocutor, and (c) the environment

Performance and Emission Analysis of Four-Stroke Diesel Engine Single Cylinder on Toroidal Piston Modification with B30 Fuel

Improvement of the performance of the diesel engine can be done by expanding the combustion chamber. One of the objectives of this research is to obtain optimal piston performance by modifying the piston crown to be 1mm deeper than the standard piston using B30 fuel. This research is also proof of previous research with a simulation that concluded that the performance of a diesel engine using a modified toroidal combustion chamber (TCC) +1mm piston has better performance than a standard piston. This research will analyze the comparison of the performance of a diesel engine using a standard piston and a modified piston on the diesel engine, using an experimental method with B30 biodiesel fuel with engine speed (RPM) variation of 1900 and 2100, also the dummy loads used are 1000, 2000, 3000, and 4000 Watts (W). From the results of the performance tests, it is concluded that the standard piston produces better performance than the modified piston with a very small difference in value in terms of torque, power, and SFOC. The level of NOx emissions produced by the standard RPM 1900 with 1000 W load is 1,483 g/KWh, at a load of 2000 W is 1,011 g/KWh, at a load of 3000 W is 1.375 g/KWh, at a load of 4000 W is 2,372 g/KWh, for standard piston RPM 2100 NOx emission levels produced at 1000 W load is 1,902 g/KWh, at 2000 W load is 1,450 g/KWh, at 3000 W load is 1.368 g/KWh, at 4000 W load is 1,066 g/KWh. The level of NOx emissions produced using a modified piston at 1900 RPM at 1000 W load is 1.865 g/KWh, at 2000 W load is 1.326 g/KWh, at 3000 W load is 1,250 g/KWh, at 4000 W load is 0.857 g/KWh, for RPM 2100 uses a modified piston at a 1000 W load is 1,970 g/KWh, at a 2000 W load is 1,583 g/KWh, at a 3000 W load is 1,465 g/KWh, at a 4000 W load is 1,226 g/KWh. NOx emission levels using standard pistons at RPM 1900 with B30 fuel tend to be smaller at low loads and larger at high loads compared to modified pistons, while NOx emission levels using standard pistons at RPM 2100 fueled by B30 are smaller than using a modified piston