Based on the calculation above, it is known that the EPS and ROA equally positive effect on the stock
price with a coefficient of 5.025392 EPS and ROA of 1376.753. R-Squared value is greater than the calculation
of the common effect that is 0.8981, meaning that the independent variables (EPS and ROA) is able to describe
the dependent variable (stock price) of 89.81%. The above results also demonstrate the value of the t-statistic
EPS variables smaller than the value of the t-statistic on the model common effect but still quite large compared
to the value of the t-table, which is still small 5,027.Nilai ROA variable, which is equal to 0.288.
5.2.3.Random Effect Model (Random Effect)
In the Random Effects Model, the differences between individuals and or time reflected through error. This
technique also takes into account that the errors may be correlated along the time series and cross section. Here
are the results of the analysis of the data using the Random Effects Model (Random Effect).