PORTOFOLIO SAHAM OPTIMAL MENGGUNAKAN SINGLE INDEX MODEL PADA SELURUH KANTOR SEKURITAS
DI KOTA MALANG
Tarsisius Renald Suganda
Jurusan Akuntansi Fakultas Ekonomi dan Bisnis Universitas Ma Chung Malang
Villa Puncak Tidar N-01 Malang, 65151.
- Korespondensi dengan Penulis:
- Tarsisius Renald Suganda: Telp. /Faks. +62 341 550 171
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Investment was the commitment of funds to one or more assets that would be held over some future time period. The goal of doing investment was to get the best return. Investment portfolio was one of the main considerations to achieve the goal. This study aimed to establish the optimal stock portfolio using stock mutual fund product data which was obtained from the survey results on securities office in Malang City in 2011 as a research population. Research method used was Single Index Model and data used were daily stock prices for 47 shares in 2011. The results of this study indicated that there were twelve stocks in the optimal portfolio, namely: JKON, KAEF, TSPC, BKSL, BFIN, MAPI, KKGI, BHIT, CTRA, GGRM, MYOR. Based on the calculation, the result was 76.71% for portfolio expected return and 7.23% for portfolio risk in 1 year.
Key words: investment, return portfolio, portfolio risk, optimal portfolio, single index model