ANALISIS PEMBENTUKAN PORTOFOLIO MENGGUNAKAN SINGLE INDEX MODELTERGABUNG DALAM INDEKS BISNIS 27DI BURSA EFEK INDONESIA (BEI)OPTIMAL DENGAN(SIM) PADA SAHAM YANG
| Main Author: | Tamin, Mohammad |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2010
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| Subjects: | |
| Online Access: |
http://eprints.umm.ac.id/815/1/ANALISIS_PEMBENTUKAN_PORTOFOLIOMENGGUNAKAN_SINGLE_INDEX_MODELTERGABUNG_DALAM_INDEKS_BISNIS_27DI_BURSA_EFEK_INDONESIA.pdf http://eprints.umm.ac.id/815/ |
Daftar Isi:
- Investment in capital markets have a greater risk when compared with other investments.Investments that offer higher returns must also contain a high risk. One way to reduce the risk ofstock investing is to make a portfolio. Establishment of a portfolio is a way to identify securities which have been selected, and how the proportion of funds will be invested in each of thesesecurities. The purpose of this study is to determine the individual stock return (Ri), market return (Rm), E(Ri), E (Rm), and risk-free return / Risk Free from companies incorporated in the Index of Business 27, and to analyze how form a portfolio by using the Single Index Model in order to minimize investment risk at a particular level of return for investors. This research is a descriptive study with the object of a company incorporated in the Index of Business 27 on the IDX. 31 october 2009 study period, the type of data is secondary data, the stock price, stock price index (CSPI), and the SBI interest rates. Data analysis techniques used in this study is the Single Index Model. Stages in data processing at the start of the calculation of the individual stock return, market return, risk-free rate of return, the return expectations of individual stocks, the market return expectations, risk sisitematis risk, non sitematis, variant stock, Cut-off Point (C *) Cut-off value Rate (Ci), the largest, and the proportion of the portfolio. The results of this study showed that of 27 companies that became the object of research, there are only two companies that entered the portfolio formation, namely: PT. Adaro Energy. Page (Adro) with a proportion of 45.9%, and PT. Semen Gresik (Persero). Page (SMGR) with a proportion of 54.1%.