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LAMPIRAN
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Lampiran 1 Hasil Uji Analisis Deskriptif
Y X1 X2 X3 X4
Mean 7.230952 18.86143 10.49095 4.545476 0.582143 Median 7.370000 15.16500 9.755000 4.500000 0.490000 Maximum 9.320000 105.2400 42.39000 6.900000 1.530000 Minimum 2.770000 4.360000 0.010000 1.660000 0.110000 Std. Dev. 1.545804 20.38670 8.872851 1.441867 0.398641 Skewness -0.949045 3.673237 2.145155 -0.191260 0.685258 Kurtosis 4.160171 16.02044 8.357111 1.967110 2.422872 Jarque-Bera 8.660297 391.1292 82.43443 2.123069 3.869930 Probability 0.013166 0.000000 0.000000 0.345925 0.144429 Sum 303.7000 792.1800 440.6200 190.9100 24.45000 Sum Sq. Dev. 97.96996 17040.31 3227.827 85.23824 6.515507
Observations 42 42 42 42 42
Sumber: Data diolah Eviews 10, 2021
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Lampiran 2 Hasil Comman Effect Model
Dependent Variable: Y Method: Panel Least Squares Sample: 2018 2020
Periods included: 3
Cross-sections included: 14
Total panel (balanced) observations: 42
Variable Coefficient Std. Error t-Statistic Prob.
X1 -0.046714 0.015370 -3.039243 0.0043 X2 -0.029454 0.031369 -0.938946 0.3538 X3 0.873323 0.083830 10.41782 0.0000 X4 -0.716545 0.368139 -1.946400 0.0592 C 4.868506 0.418755 11.62614 0.0000 R-squared 0.814829 Mean dependent var 7.230952 Adjusted R-squared 0.794811 S.D. dependent var 1.545804 S.E. of regression 0.700216 Akaike info criterion 2.236486 Sum squared resid 18.14117 Schwarz criterion 2.443352 Log likelihood -41.96621 Hannan-Quinn criter. 2.312311 F-statistic 40.70391 Durbin-Watson stat 0.513895 Prob(F-statistic) 0.000000
Sumber: Data diolah Eviews 10, 2021
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Lampiran 3 Hasil Fixed Effect Model
Dependent Variable: Y Method: Panel Least Squares Sample: 2018 2020
Periods included: 3
Cross-sections included: 14
Total panel (balanced) observations: 42
Variable Coefficient Std. Error t-Statistic Prob.
X1 -0.076938 0.023727 -3.242693 0.0035 X2 -0.016142 0.060822 -0.265394 0.7930 X3 1.335683 0.316156 4.224762 0.0003 X4 -0.738070 0.364255 -2.026242 0.0540 C 3.209806 1.148990 2.793590 0.0101
Effects Specification Cross-section fixed (dummy variables)
R-squared 0.977574 Mean dependent var 7.230952 Adjusted R-squared 0.961688 S.D. dependent var 1.545804 S.E. of regression 0.302566 Akaike info criterion 0.744490 Sum squared resid 2.197103 Schwarz criterion 1.489205 Log likelihood 2.365712 Hannan-Quinn criter. 1.017458 F-statistic 61.53956 Durbin-Watson stat 2.400267 Prob(F-statistic) 0.000000
Sumber: Data diolah Eviews 10, 2021
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Lampiran 4 Hasil Random Effect Model
Dependent Variable: Y
Method: Panel EGLS (Cross-section random effects) Sample: 2018 2020
Periods included: 3
Cross-sections included: 14
Total panel (balanced) observations: 42
Swamy and Arora estimator of component variances
Variable Coefficient Std. Error t-Statistic Prob.
X1 -0.075224 0.015851 -4.745787 0.0000
Cross-section random 0.678143 0.8340
Idiosyncratic random 0.302566 0.1660
Weighted Statistics
R-squared 0.892005 Mean dependent var 1.803775 Adjusted R-squared 0.880330 S.D. dependent var 0.906096 S.E. of regression 0.313449 Sum squared resid 3.635252 F-statistic 76.40241 Durbin-Watson stat 1.562659 Prob(F-statistic) 0.000000
Unweighted Statistics
R-squared 0.768484 Mean dependent var 7.230952 Sum squared resid 22.68157 Durbin-Watson stat 0.250453
Sumber: Data diolah Eviews 10, 2021
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Lampiran 5 Hasil Uji Chow
Redundant Fixed Effects Tests Equation: FEM
Test cross-section fixed effects
Effects Test Statistic d.f. Prob.
Cross-section F 13.397276 (13,24) 0.0000
Cross-section Chi-square 88.663853 13 0.0000
Cross-section fixed effects test equation:
Dependent Variable: Y Method: Panel Least Squares Sample: 2018 2020
Periods included: 3
Cross-sections included: 14
Total panel (balanced) observations: 42
Variable Coefficient Std. Error t-Statistic Prob.
X1 -0.046714 0.015370 -3.039243 0.0043 Adjusted R-squared 0.794811 S.D. dependent var 1.545804 S.E. of regression 0.700216 Akaike info criterion 2.236486 Sum squared resid 18.14117 Schwarz criterion 2.443352 Log likelihood -41.96621 Hannan-Quinn criter. 2.312311 F-statistic 40.70391 Durbin-Watson stat 0.513895 Prob(F-statistic) 0.000000
Sumber: Data diolah Eviews 10, 2021
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Lampiran 6 Hasil Uji Hausman Correlated Random Effects - Hausman Test
Equation: REM
Test cross-section random effects
Test Summary
Chi-Sq.
Statistic Chi-Sq. d.f. Prob.
Cross-section random 6.709585 4 0.1521
Cross-section random effects test comparisons:
Variable Fixed Random Var(Diff.) Prob.
X1 -0.076938 -0.075224 0.000312 0.9226
X2 -0.016142 0.003275 0.002571 0.7018
X3 1.335683 1.018165 0.084429 0.2745
X4 -0.738070 -0.743157 0.041538 0.9801
Cross-section random effects test equation:
Dependent Variable: Y Method: Panel Least Squares Sample: 2018 2020
Periods included: 3
Cross-sections included: 14
Total panel (balanced) observations: 42
Variable Coefficient Std. Error t-Statistic Prob.
C 3.209806 1.148990 2.793590 0.0101 Adjusted R-squared 0.961688 S.D. dependent var 1.545804 S.E. of regression 0.302566 Akaike info criterion 0.744490 Sum squared resid 2.197103 Schwarz criterion 1.489205 Log likelihood 2.365712 Hannan-Quinn criter. 1.017458 F-statistic 61.53956 Durbin-Watson stat 2.400267 Prob(F-statistic) 0.000000
Sumber: Data diolah Eviews 10, 2021
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Lampiran 7 Hasil Uji LM
Lagrange multiplier (LM) test for panel data Sample: 2018 2020
Total panel observations: 42 Probability in ()
Null (no rand.
effect) Cross-section Period Both
Alternative One-sided One-sided
Breusch-Pagan 18.53625 1.608972 20.14522 (0.0000) (0.2046) (0.0000) Honda 4.305375 -1.268453 2.147428
(0.0000) (0.8977) (0.0159) King-Wu 4.305375 -1.268453 0.391236
(0.0000) (0.8977) (0.3478)
SLM 5.332382 -1.052437 --
(0.0000) (0.8537) --
GHM -- -- 18.53625
-- -- (0.0000)
Sumber: Data diolah Eviews 10, 2021
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Lampiran 8 Data Penelitian (1)
Kode
Perusahaan Tahun Ln Harga
Saham ROE ROA Ln
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Lampiran 8 Data Penelitian (2)
Sumber: Data diolah Excel, 2021