Analisis Portofolio Optimal dengan Model Indeks Tunggal Pada Saham-Saham Jakarta Islamic Index (JII) Periode Desember 2013-Mei 2016
| Main Authors: | Wildan Rukais Sujud, Alpaizon Putra Yasa |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Politeknik Bisnis dan Pasar Modal
, 2018
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| Subjects: | |
| Online Access: |
http://jurnal.bcm.ac.id/index.php/jma/article/view/12 http://jurnal.bcm.ac.id/index.php/jma/article/view/12/10 |
Daftar Isi:
- The purpose of this research is to analyze optimal portfolio forming using single index model from Jakarta Islamic Index Stocks of period December 2013-May 2016. The research methodology used is descriptive quantitative method with data time series taken from Indonesia Stock Exchange. Purposive sampling is the sampling methode that was used in this research wtih monthly data from December 2013-May 2016 and Single Index Model was used to analyze the data. The conclusion from this study are optimal portfolio from Jakarta Islamic Index consists of LPKR with 36,79% proportion, INDF with 37,69% proportion, ICBP with 24,31% proportion, and UNVR with 1,21% proportion. The expected return and optimal portfolio risk resulted in Jakarta Islamic Index shares where daily expected return of 0,135% if calculated obtained return yearly equal to 48,75% and obtained risk of daily portfolio by 0,0447%. The calculation results of the comparison of profit diversification between Individual Investment and Jakarta Islamic Index, it seems that diversification of profits generated by Jakarta Islamic Index gives higher profit and better variant compared to the diversification of average profit of Individual Investment.