Hubungan Nilai Intrinsik Suatu Saham Terhadap Harga Pasar Saham Tersebut

Abstract

Abstract

Stock as an investment alternative has a value, which indicates the performance of the company that issued the stock. This value is also called intrinsic value. The intrinsic value can be calculated with fundamental analysis, ranging from taking into account macroeconomic conditions (external factors), then look at the performance of the company through the financial statements, balance sheet and income statement (internal factors). This outcome is also called fair price of a stock. As assets held for trading investments, stocks also have market prices. The question arises whether the market price can be used as a reasonable measure of the price? Whether the market price already includes a variety of factors that make up the price itself, both internal factors (firm performance) as well as external factors perkonomian condition? This paper attempts to discuss the issue of the question, to see how the real link between the intrinsic value of a share on the stock market price.

Keyword: stock, investment alternative, intrinsic value