Analisis Pemilihan Portofolio Optimal pada Kombinasi Indeks Bisnis-27 Menggunakan Single Index Model

Rina Fariana, Bayu Adi

Abstract


Investment is an important thing for everyone as an alternative in the storage of funds and to gain profit. Investors are faced with two things in making investments, namely risk and return. Diversification is one way to minimize risk by forming a portfolio of stocks. This study aims to determine and analyze optimal portfolio selection using single index model.

The type of research used in this research is descriptive research with quantitative approach. The object of this research is using the company collected in BISNIS-27 index, with the research period from 2011 to 2015. The data collection method used is purposive sampling, where the company to be analyzed is only companies listed in BISNIS-27 stock index consistently during nine (9) periods from February 1, 2011 to July 31, 2015, and stocks are not suspended during the period February 1, 2011 to July 31, 2015. Data required in the analysis of data is historical price of stocks and IHSG (Indeks Harga Saham Gabungan). Analyzer using microsoft excel.


Keywords


portofolio optimalitation, single index model, risk dan return, diversification

References


Eko, Umanto. (2008). Analisis dan Penilaian Kinerja Optimal Saham-saham LQ-45. Jurnal Ilmu Administrasi dan Organisasi. (September-Desember). Bisnis dan Birokrasi

Halim, Abdul. (2002). Analisis Investasi, Jakarta: Salemba Empat.

Husnan, Suad. (2001). Dasar-Dasar Teori Portofolio Dan Analisis Sekuritas. Yogjakarta: UPP AMP YKPN.

Indriantoro, Nur dan Bambang Supomo. (2002). Metodologi Penelitian Bisnis; edisi kedua. Yogyakarta: BPFE Yogjakarta.

Jogianto. (2000). Teori Portofolio Dan Analisis Investasi. Edisi Kedua. Yogjakarta: BPFE.

Khotim, Achmad, Darminto, Topowijono. (2014). Analisis Pembentukan Portofolio Optimal Dengan Menggunakan Model Indeks Tunggal Dan Stochastic Dominance Dalam Pengambilan Keputusan Investasi (Studi Pada Saham-Saham Indeks Sri-Kehati Yang Listing Di Bursa Efek Indonesia Periode 2010 – 2013). Jurnal Administrasi Bisnis (JAB), 11(1)

Markowitz, Harry. (1959). Portfolio Selection: Efficient Diversification of Investments. New York: John Wiley & Sons, Inc.

Mustain. (2007). Analisis Pembentukan Portofolio Saham Optimal (studi pada saham yang tercatat di Indeks LQ-45). Disertasi tidak diterbitkan. Malang. Fakultas Ekonomi Universitas Muhammadiyah Malang.

Panjaya, Yulianti. (2014). Optimalisasi Portofolio Dengan Kombinasi Indeks Kompas 100 Menggunakan Analisis Singel Index Model. Jurnal Ilmiah Mahasiswa Universtas Surabaya, 3(1)

Ramadhan, Rahadian Dwi, Handayani, Siti Ragil Handayani dan Maria Goretti Wi Endang. (2014). Analisis Pemilihan Portofolio Optimal Dengan Model Dan Pengembangan Dari Portofolio Markowitz (Studi Pada Indeks Bisnis-27 Di Bursa Efek Indonesia Periode 2011 -2013). Jurnal Administrasi Bisnis (JAB), 14(1)

Robi, Iskandar. (2008). Analisis Porotofolio Optimal Saham-saham LQ-45 Pada periode Agustus 2005 Juli 2006 Dengan Metode Single Index Model Di Bursa Efek jakarta, Jurnal Business dan Management Journal Bunda Mulia, 14(1)

Sekaran, U. (2003). Research Methods for Business, a Skill Building Approach. 4th ed. New York: John Willey & Sons, Inc.

Sugiyono. (2010). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.

Sumariyah. (2003). Pengantar Pengetahuan Pasar Modal. Yogjakarta: UPP AMP YKPN

Tandelilin, Eduardus. (2001). Analisis Investasi danManajemen Portofolio. Edisi Pertama. Yoyakarta: BPFE.

Tandelilin, Eduardus. (2010). Portofolio dan Investasi: Teori dan Aplikasi. Yogyakarta: Kanisius.

Wijaya, Jenny, Topowijono dan Dwiatmanto. (2016). Analisis Pembentukan Portofolio ptimal Menggunakan Model Indesk Tunggal (Studi Pada Saham Indeks Bisnis -27 Yang Listing di BEI Tahun 2013-2015). Jurnal Administrasi Bisnis (JAB), 33(1)




DOI: https://doi.org/10.21107/jsmb.v5i1.6613

Refbacks

  • There are currently no refbacks.


Copyright (c) 2018 Rina Fariana, Bayu Adi

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
Jurnal Studi Manajemen dan Bisnis
by Universitas Trunojoyo Madura is licensed under a Creative Commons Attribution 4.0 International License.

ISSN: 2460-3775 (Online) dan ISSN: 2355-9543 (Print)