Analysis of Optimal Portfolio Comparison on Shares of Sri Kehati by using Single Index Model and Random Model
Keywords:
Portfolio, Single Index Model and Random
Abstract
The purpose of this study is to provide empirical evidence that the determination of a stock portfolio using a single index model can provide optimal returns compared with the determination of stock portfolio using a random model. The sample in this research is 25 shares joined in SRI-KEHATI selected using purposive sampling. The data analysis technique used the average test for two independent samples (Mann Whitney Test (U Test)). The results showed that the determination of the stock portfolio using a single index model can provide optimal return compared to the determination of the stock portfolio using random model.
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References
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[2] Darmawan, I Putu Putra Adi and Purnawati, Ni Ketut. 2015. Formation of Optimal Portfolio of Stocks in the LQ-45 Index by Using a Single Index Model. E-Jurnal Manajemen, Unud, Vol.4, No.12.
[3] Dewi, Vera Intanie and Oriana, Felisca. 2014. Sri-Kehati Index And Issuer's Stock Price Reaction To The Announcement Of The Sri-Kehati Index (Case Study on the SRI-KEHATI Index). Institute for Research and Community Service Parahyangan Catholic University.
[4] Fahmi, Irham and Hadi, Yovi Lavianti. 2011. Portfolio Theory and Investment Analysis Theory and Questions and Answers.
[5] Ghozali, Imam. 2013. Quantitative and Qualitative Research Designs for Accounting, Business, and Other Social Sciences. Semarang: Yoga Pratama Publisher.
[6] Glinmourinse, Disfiyant. 2014. Sri Kehati The Only Green Index in the Capital Market.https://ekbis.sindonews.com/read/873961/32/sri-kehati-one-only-green-index-di-pasar-modal-1402913321. Retrieved April 10, 2017.
[7] Hariasih, Ni Putu Nonik and Wirama, Dewa Gede. 2016. Analysis of differences in Portfolio Return based on Single Index Model and Random Portfolio. E-Journal of Economics and Business, Udayana University, Bali, Indonesia
[8] Hartono, Jogiyanto. 2014. Portfolio Theory and Investment Analysis. Ninth Edition. Yogyakarta: BPFE-Yogyakarta
[9] Hartono, Jogiyanto. 2016. Portfolio Theory and Investment Analysis. Tenth Edition. Yogyakarta: BPFE-Yogyakarta.
[10] Rachmanto,Noki. 2002. Analysis of Optimal Stock Portfolio Formation in JSE with Single Index Model (Case study of shares of companies listed on the Jakarta Stock Exchange. Thesis of Master of Management Study Program Post-graduate program at Diponegoro University Semarang.
[11] Risnawati, Yeprimar. 2009. Investment Analysis and Determination of Optimal Stock Portfolio in Indonesia Stock Exchange (Comparative Study of Using Single Index Model and Random Model on LQ-45 Stocks). Journal of the Faculty of Economics, Sebelas Maret University.
[12] Samuel, Mohamad. 2006. Capital Markets and Portfolio Management. Surabaya: Erlangga Publisher.
[13] Sugiyono. 2007. Statistics for Research. Bandung: Alphabeta.
[14] Wiyono, Genndro. 2011. Designing Business Research with SPSS 17.0 & SmartPLS 2.0 analysis. Yogyakarta: UPP BSIM YKPN
Published
2021-07-25
How to Cite
Rollis Ayu Ditasari, & Ade Ichsan Pradana. (2021). Analysis of Optimal Portfolio Comparison on Shares of Sri Kehati by using Single Index Model and Random Model. International Journal of Science, Technology & Management, 2(4), 1273-1279. https://doi.org/10.46729/ijstm.v2i4.270
Section
Articles
