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Implementation of CAPM and Performance Analysis of Stock Portfolio with Risk-Adjusted Return on LQ45 Stock Joseph Tendean; Tarsicius Sunaryo
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5544

Abstract

This study aims to analyze the return and risk of the LQ45 stock group on the Indonesia Stock Exchange and determine investment decisions using the Capital Asset Pricing Model by distinguishing between undervalued and overvalued stocks based on 2017 data. – 2021, so that a portfolio that can produce optimal returns can be formed. Based on Treynor's performance measures, 24 stocks were found to be superior to the market. By using Jensen's Alpha it was found that 24 stocks had a positive alpha (outperform) compared to other stocks studied. The results also show that 14 stocks have a beta coefficient of less than one (<1) and 30 stocks have a beta coefficient of more than one (>1); 24 undervalued stocks and 20 overvalued stocks. In this study, it was also found that stocks with high betas do not automatically provide high returns.
Management of Blended Learning and Digital Skills and Their Influence on the Learning Independence of Vocational Students Patabang, Apriani; Mesta Limbong; Tarsicius Sunaryo
Jurnal Pedagogi dan Pembelajaran Vol. 6 No. 1 (2023): April
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/jp2.v6i1.48894

Abstract

Changes in the implementation of learning due to the Covid 19 pandemic impact learning methods, so teachers and students must be able to adapt to online learning policies. This study analyzed the effect of blended learning management and digital skills on student learning independence. This type of research is ex post facto research, namely comparative causal research. The population in this study were all vocational school teachers, with a total sample of 103 respondents. Data collection was carried out by distributing instruments in the form of questionnaires. Data analysis techniques are correlation and regression. The results of the data analysis show that the model, namely the teacher's blended learning management and digital skills, can explain variations in student learning independence. The R square value of 0.589 indicates that the model, namely X1 and X2, can explain the variation in Y of 58.9%. Based on these results, teachers must implement blended learning management optimally and be supported by developing students' digital skills to increase learning independence. The implications of this research can be used as input, reference, and discourse on students' independent learning about blended learning management and digital skills.
Supply Chain Risk Evaluation at PT. XYZ Using the House of Risk Method Fanni, Tio; M.L. Denny Tewu; Tarsicius Sunaryo
JURNAL MANAJEMEN MOTIVASI Vol 22 No 2 (2026): Jurnal Manajemen Motivasi
Publisher : Universitas Muhammadiyah Pontianak

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29406/jmm.v22i2.9234

Abstract

This study evaluates supply chain management risks at PT. Fantasi Rekasembada using the House of Risk method and ISO 31000 approach. The main problems include unstable raw material supply, delays in imported components, dependence on international suppliers, steel availability fluctuations, and external disruptions. This descriptive study uses semi-quantitative analysis with data collected through observation, interviews, risk questionnaires, and company documentation. The analysis identifies risk events, risk agents, severity, occurrence, correlation, and priority risks. The findings are expected to support systematic risk mitigation, improve supply chain resilience, maintain material availability, control operational costs, and increase customer satisfaction. Keywords: Supply Chain Management; House of Risk; ISO 31000; Risk Management; Supply Chain Risk Management; Risk Mitigation