Earnings Fluctuation on Share Price Volatility
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Stock price volatility is the platform for the investment decision of investors. The common phenomena, day by day environment becomes more competitive. Success of the investors depends on the information availability of the market. It is essential to identify the how share price volatility based on the earnings fluctuations since it is main determinant, although there several environmental factors influence to share price. The sample of the study composed of 30 listed companies including Beverage Food and Tobacco, Manufacturing, Diversified Holdings from data 2011 to 2015. The results revealed the share price more volatility based on the Price Earnings Ratio and Earnings per Share of the company, it significant at 1% level.
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