CAPITAL ASSET PRICING MODEL SEBAGAI DASAR PENGAMBILAN KEPUTUSAN INVESTASI SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX (JII)
| Main Author: | Plumeriana, Dina |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2008
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| Subjects: | |
| Online Access: |
http://eprints.umm.ac.id/6652/1/CAPITAL_ASSET_PRICING_MODEL_SEBAGAI_DASAR_PENGAMBILAN_KEPUTUSAN_INVESTASI_SAHAM_PADA_PERUSAHAAN_YANG_TERDAFTAR_DI_JAKARTA_ISLAMIC_INDEX.pdf http://eprints.umm.ac.id/6652/ |
Daftar Isi:
- This study is quantitative descriptive research to firm that listed in stock Exchange of Jakarta corner , in Muhammadiyah University of Malang by title, “ Capital Aasset Pricing Model as Base Decision Taking of Investment to firm that listed in JII”. The goal of this study is to know how to determine stock investment appropriately to each kind of investor by using CAPM to Firm that listed in JII. The analysis tool is used to know how to determine stock investment appropriately to each kind of investor by through calculation step are; Return individual (Ri), Return Market (Rm), Risk Free Rate, Beta (ß), and Expected Return (E(Ri)). Base on the calculation by using CAPM analysis may be know that base on the stock observed show that beta (ß) and Expected Return E(Ri) have highest on INTP stock by (ß) value about 4,460 and E(Ri) about 0,141 and the last position in UNSP stock by (ß) value about -0,159 and E(Ri) value abaut 0,005. Base on the calculation, generally may be know that SML linier it shows more high risk on stock (ß) then more high also to benefit degree that be expected E(Ri) from stock investment. Beside that based on the calculation may be determine stock investment that more exactly to each kind of investor are follow: for risk seeker then stock investment will be done to INTP, CTRS, ANTM, ADHI, ASII, INDF, GJTL, MEDC, KIJA, and CTRA stock; while to risk neutrality then stock investment will done to UNVR, ISAT, ENGR, SMCB, KLBF, INKT, and TLKM stock; and the last for risk averter then stock investment will done by LPKR, PGAS, BUMI, BTEL, INKP, TKIM, PTBA, UNTR, LSIP, BNBR, PLAS, BLTA, and UNSP stock. Base on the conclusion abave, so writer may imply that investor invest their fund to stock that suitable with of investment in face risk.