PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM)
<p><em>Optimal portfolio is the basis for investors to invest in stock. Capital Asset Pricing Model (CAPM) is a method to determine the value of the risk and return of a company stock. This research use</em><em>s</em><em> </em><em>a </em><em&g...
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Format: | Article |
Language: | Indonesian |
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Universitas Merdeka Malang
2017-08-01
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Series: | Jurnal Manajemen Dan Kewirausahaan |
Online Access: | http://jurnal.unmer.ac.id/index.php/jmdk/article/view/1315 |
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author | Dioda Ardi Wibisono Krisnawuri Handayani |
author_facet | Dioda Ardi Wibisono Krisnawuri Handayani |
author_sort | Dioda Ardi Wibisono |
collection | DOAJ |
description | <p><em>Optimal portfolio is the basis for investors to invest in stock. Capital Asset Pricing Model (CAPM) is a method to determine the value of the risk and return of a company stock. This research use</em><em>s</em><em> </em><em>a </em><em>secondary data from the closing price of the monthly stock price (monthly closing price), Stock Price Index (SPI), and the monthly SBI rate. </em><em>The s</em><em>amples </em><em>of this research are</em><em> 41 stocks in LQ45 February-July 2015 on the Indonesian Stock Exchange (ISE). The study period </em><em>is </em><em>during 5 year from October 2010 - October 2015. The result of analysis shows that the optimal portfolio consists of 18 companie</em><em>s.</em><em> Th</em><em>e</em><em> average return of the optimal portfolio is higher than the average risk-free return (SBI rate) and the average market return. This proves that investing in stocks is more profitable than a risk-free investment.</em></p> <p>�</p> <p><strong><em> </em></strong><strong><em>Keywords</em></strong><strong>: </strong><em>Stock, CAPM, return, risk</em></p><p>�</p> |
first_indexed | 2024-12-10T18:26:45Z |
format | Article |
id | doaj.art-5aac5b35ee504abe9872da0289be2499 |
institution | Directory Open Access Journal |
issn | 2301-9093 2540-8259 |
language | Indonesian |
last_indexed | 2024-12-10T18:26:45Z |
publishDate | 2017-08-01 |
publisher | Universitas Merdeka Malang |
record_format | Article |
series | Jurnal Manajemen Dan Kewirausahaan |
spelling | doaj.art-5aac5b35ee504abe9872da0289be24992022-12-22T01:38:03ZindUniversitas Merdeka MalangJurnal Manajemen Dan Kewirausahaan2301-90932540-82592017-08-0151995PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM)Dioda Ardi Wibisono0Krisnawuri Handayani1University of Merdeka MalangUniversity of Merdeka Malang<p><em>Optimal portfolio is the basis for investors to invest in stock. Capital Asset Pricing Model (CAPM) is a method to determine the value of the risk and return of a company stock. This research use</em><em>s</em><em> </em><em>a </em><em>secondary data from the closing price of the monthly stock price (monthly closing price), Stock Price Index (SPI), and the monthly SBI rate. </em><em>The s</em><em>amples </em><em>of this research are</em><em> 41 stocks in LQ45 February-July 2015 on the Indonesian Stock Exchange (ISE). The study period </em><em>is </em><em>during 5 year from October 2010 - October 2015. The result of analysis shows that the optimal portfolio consists of 18 companie</em><em>s.</em><em> Th</em><em>e</em><em> average return of the optimal portfolio is higher than the average risk-free return (SBI rate) and the average market return. This proves that investing in stocks is more profitable than a risk-free investment.</em></p> <p>�</p> <p><strong><em> </em></strong><strong><em>Keywords</em></strong><strong>: </strong><em>Stock, CAPM, return, risk</em></p><p>�</p>http://jurnal.unmer.ac.id/index.php/jmdk/article/view/1315 |
spellingShingle | Dioda Ardi Wibisono Krisnawuri Handayani PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) Jurnal Manajemen Dan Kewirausahaan |
title | PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) |
title_full | PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) |
title_fullStr | PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) |
title_full_unstemmed | PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) |
title_short | PEMILIHAN SAHAM YANG OPTIMAL MENGGUNAKAN CAPITAL ASSET PRICING MODEL (CAPM) |
title_sort | pemilihan saham yang optimal menggunakan capital asset pricing model capm |
url | http://jurnal.unmer.ac.id/index.php/jmdk/article/view/1315 |
work_keys_str_mv | AT diodaardiwibisono pemilihansahamyangoptimalmenggunakancapitalassetpricingmodelcapm AT krisnawurihandayani pemilihansahamyangoptimalmenggunakancapitalassetpricingmodelcapm |