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Portfolio Optimization: Application and Comparison of Markowitz Model and Single Index Model on LQ45 Stocks in Indonesia Stock Exchange Oktavianus Yusan, Budi; Riyadi, Selamet
International Journal of Management Science and Application Vol. 3 No. 1 (2024): ijmsa
Publisher : Sultan Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58291/ijmsa.v3i1.210

Abstract

This paper examines the optimization of an Indonesian stock portfolio using two models: the Markowitz Model (Mean-Variance Model) and the Single Index Model. The data comprises historical returns of LQ 45 stocks from January 2016 to December 2021. The focus is on selecting stocks for the portfolio and determining their weights based on the two models. The study compares the performance of both optimized portfolios with the LQ45 Index benchmark, IHSG market, and each other using Sharpe and Treynor measurements. The paper tests whether the stock composition of the optimized portfolio from both models successfully and consistently generates a better performance in the future (1 January 2022 – 31 December 2022) and (1 January 2023 – 31 December 2023) compared to both LQ45 and IHSG. The results reveal a notable contrast in portfolio performance between 2022 and 2023. In 2022, both the Markowitz and Single Index portfolios exhibited remarkable returns, surpassing LQ 45 and IHSG. However, in 2023, both portfolios experienced substantial underperformance, with negative returns and unfavorable risk-adjusted metrics. These findings underscore the dynamic nature of financial markets and the need for continuous portfolio monitoring and adaptation. Investors are encouraged to reevaluate their portfolio strategies in response to changing market conditions. The study contributes valuable insights into the temporal variability of optimized portfolios and their sensitivity to evolving market dynamics.
Strategi Pengelolaan Non Performing Loan (NPL) Bank Umum yang Go Public Riyadi, Selamet; Iqbal, Muhammad; Lauren, Novia
JDM (Jurnal Dinamika Manajemen) Vol 6, No 1 (2015): March 2015
Publisher : Department of Management, Faculty of Economics and Business, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v6i1.4299

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh capital adequacy ratio, total aset, loan to deposit ratio, kualitas aktiva produktif dan biaya operasional terhadap pendapatan operasional terhadap non performing loan pada Bank Umum di Bursa Efek Indonesia periode tahun 2007sampai dengan tahun 2014. Sampel yang digunakan dalam penelitian ini adalah 10 Bank Umum di BEI. Penelitian ini menggunakan metode regresi data panel dengan efek random. Hasil penelitian menyimpulkan bahwa capital adequacy ratio, loan to deposit ratio, kualitas aktiva produktif dan biaya operasional terhadap pendapatan operasional berpengaruh signifikan terhadap non performing loan, sedangkan variabel total aset tidak berpengaruh signifikan terhadap non performing loan. Model efek random layak digunakan untuk mengestimasi pengaruh capital adequacy ratio, total aset, loan to deposit ratio, kualitas aktiva produktif dan biaya operasional terhadap pendapatan operasional terhadap non performing loan.
Analisis Pengaruh Beban Kerja Petugas Aviation Security Dengan Metode Full Time Equivalent Di Bandar Udara Soekarno-Hatta Wisandi, Pramono Sapto; Riyadi, Selamet
Proceeding Mercu Buana Conference on Industrial Engineering Vol 3 (2021): RESEARCH DEVELOPMENT BASED ON LITERATURE REVIEW
Publisher : Universitas Mercu Buana

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Abstract

Human resource planning is an activity in human resource management that is used by organizations to ensure that they have the right amount and type of human resources. This research was conducted to determine the workload of goods inspection by aviation security officers in the security check point (SCP) 1 area, Terminal 3, Soekarno-Hatta Airport with a full- time equivalent method. The results showed that the amount of workload received by the executor is normal and excessive (Overload), for the workload of employees with supervisory positions is low (Underload). The addition of employees with executive positions is 1 person each gate, and the supervisor does not have an increase in the number of employees. The optimal number of aviation security employees at each gate security check point 1 to inspect goods is 1 supervisor and 5 executors.
PERANCANGAN SEKOLAH MENENGAH PERTAMA NEGERI DI DESA TEMPUR JEPARA DENGAN PENDEKATAN SUSTAINABLE ARCHITECTURE Riyadi, Selamet
JIAA: Journal of Islamic Art and Architecture Vol 1, No 1: April 2023
Publisher : Fakultas Ushuluddin dan Humaniora, Universitas Islam Negeri Walisongo

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Abstract

Pendidikan yang baik akan menciptakan sebuah sumber daya manusia yang unggul dan  membuat suatu negara menjadi maju. Selain itu, pemerataan  pendidikan juga menjadi salah satu faktor penting dan indikator terciptanya sebuah negara maju. Desa Tempur yang berlokasi di Kecamatan Keling Kabupaten Jepara tidak memiliki akses  pendidikan sekolah negeri karena akses yang jauh. Penerimaan siswa bersistem zonasi juga mengakibatkan semakin sedikit anak-anak yang dapat menempuh sekolah negeri. Perancangan Sekolah Menengah Pertama Negeri di Desa Tempur ini  merupakan salah satu solusi untuk mengatasi masalah tidak terjangkaunya sekolah negeri di Desa Tempur. Sekolah ini nantinya akan mempertimbang-kan aspek sosial, alam, dan ekonomi  untuk menciptakan bangunan minim pembiayaan mahal. Pada “Perancangan Sekolah  Menengah Pertama Negeri di Desa Tempur Jepara Dengan Pendekatan Konsep Sustainable  Architecture” ini, konsep yang yang digunakan akan meminimalkan dampak negatif bangunan  terhadap lingkungan sekitarnya. Langgam Arsitektur Neo- Vernakular diterapkan dalam bangunan ini sebagai respon desain dengan sosial budaya daerah setempat sehingga dapat menyatu dengan bangunan daerah sekitar. Data didapatkan dari studi literatur, studi kasus, dan studi lapangan. Pengolahan data membahas mengenai berbagai analisis, yakni analisis tapak, fungsi bangunan, pengguna, ruang, bentuk, struktur, sampai utilitas yang berpedoman pada sustainable architecture. Dan dari analisis tersebut menghasilkan sintesis atau konsep meliputi konsep tema, konsep bentuk, konsep tapak, konsep fungsi, konsep ruang, sampai dengan konsep utilitas.
EFEKTIVITAS E-MODUL ANALISIS REAL PADA PROGRAM STUDI PENDIDIKAN MATEMATIKA UNIVERSITAS KANJURUHAN MALANG Riyadi, Selamet; Qamar, Kawakibul
SJME (Supremum Journal of Mathematics Education) Vol 1 No 1 (2017): Januari 2017
Publisher : Fakultas Keguruan dan Ilmu Pendidikan Universitas Singaperbangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35706/sjme.v1i1.554

Abstract

Fokus penelitian ini adalah mengoptimalkan peran bahan ajar dengan mengembangkan dalam bentuk e-modul pada Program Studi Pendidikan Matematika Universitas Kanjuruhan Malang. Secara harfiah, e-modul dapat dimaknai sebagai modul elektronik, non cetak dan hanya berupa file yang dapat dibuka dengan bantuan media elektronik seperti Tablet, Smartphone, komputer PC dan media elektronik lain berbasis sistem operasi terutama Android. Salah satu perkuliahan yang mempunyai keterbatasan handout serta mempengaruhi kompetensi mahasiswa adalah mata kuliah Analisis Real. Model pengembangan yang digunakan dalam pengembangan modul pembelajaran ini adalah model pengembangan yang dirumuskan oleh Thiagarajan dengan model 4-D yang langkah-langkahnya meliputi Define, Design, Develop, Disseminate. Hasil kuisioner menunjukkan persentase modul pembelajaran. sebesar 82,05% yang mengindikasikan bahwa e-modul berada dalam kualifikasi baik.The focus of this study is to optimize the role by developing teaching materials in the form of e-modules in Mathematics Education Kanjuruhan University of Malang. Literally, e-modules can be interpreted as an electronic module, non-print and only in the form of files that can be opened with the help of electronic media such as tablets, smartphones, PCs and other electronic media, especially Android-based operating system. One of the lectures that have limited handouts and influencing students' competencies are courses Real Analysis. Model development used in the development of this learning module is a development model formulated by Thiagarajan with 4-D model of the steps include Define, Design, Develop, Disseminate. Results of questionnaires show the percentage of learning modules. of 82.05%, which indicates that the e-modules are in a good qualification
Pengaruh Rasio Keuangan Terhadap Harga Saham Perbankan Riyadi, Selamet; Iqbal, Muhammad
Jurnal Ilmu Manajemen Vol. 14 No. 1 (2024): Jurnal Ilmu Manajemen
Publisher : Universitas Muhammadiyah Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32502/jim.v14i1.348

Abstract

The aim of this research is to analyze the influence of financial ratios in this case Earning Per Share, Price Earning Ratio, Net Profit Margin, Price Book Value and Debt to Equity Ratio on banking share prices included in KBMI 3 and 4 for the period 2017 to 2021. Methodology The research used uses data taken from various sources such as the Indonesian Stock Exchange, Yahoo Finance and the Mirae Asset Application. The data collected was then processed using the IBM SPSS Statistics 22 application. The research results showed that the financial ratio variables consisted of Earning Per Share (EPS), Price Earning Ratio (PER), Net Profit Margin (NPM), Price Book Value (PBV), Debt to Equity Ratio (DER) simultaneously influences the share prices of banking companies that are included in the KBMI 3 and 4 categories on the Indonesian Stock Exchange. Meanwhile, partially the only thing that has a significant effect on the dependent (dependent) variable is Earning Per Share. Other variables such as Price Earning Ratio (PER), Net Profit Margin (NPM), Price Book Value (PBV) and Debt to Equity Ratio (DER) partially have no effect on banking company share prices.
Redesain Pasar Baru Cikarang dengan Konsep Industrial Architecture Astuti, Retno Fitri; Putri, Isria Miharti Maherni; Soeroso, Yusdianto Haryo; Riyadi, Selamet
Attractive : Innovative Education Journal Vol. 4 No. 2 (2022): Attractive : Innovative Education Journal
Publisher : CV. Creative Tugu Pena

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51278/aj.v4i2.780

Abstract

The market plays a crucial role in driving the economy and catering to the community’s needs. Pasar Baru Cikarang, located in the Bekasi Regency, serves as a significant market for the Cikarang area. Historically, Pasar Baru Cikarang was an impressive market that underwent construction and renovation in 1992, was completed in 1994, and commenced operations in 1995. However, the occurrence of looting events resulted in many traders resorting to street vending, leading to a decline in the market's appearance, which now appears shabby and untidy. This disrepair negatively impacts the primary area of Bekasi Regency, especially Cikarang, an ASEAN Industrial City. Considering the importance of having an architectural icon for an industrial city, the concept of industrial architecture becomes crucial. Industrial architecture embraces a minimalistic approach to final building finishing, making it an ideal choice for market buildings. Implementing this architectural concept in Pasar Baru Cikarang could revitalize the market's fading image and transform it into an iconic representation of the Industrial City. By emphasizing the industrial architecture concept in the renovation of Pasar Baru Cikarang, it is anticipated that the market's overall appeal will be enhanced, providing a boost to the local economy and reinstating its significance as a vital hub for the Cikarang area. This revitalization project can also contribute to the city's identity, further strengthening its position as an ASEAN Industrial City. Keywords: Cikarang Regency, Industrial City, Industrial Architecture