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Journal : Journal Of World Science

Study Of Performance Comparison of Sharia Shares In Indonesia And Malaysia: Sharpe, Treynor and Jensen Models Utami, Yuni; Prasetya, Victor; Riyadi, Ragil Anwar
Journal of World Science Vol. 1 No. 1 (2022): Journal of World Science
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (151.42 KB) | DOI: 10.58344/jws.v1i1.5

Abstract

This study aims to analyze the differences in the performance of Islamic mutual funds using the Sharpe, Trenor and Jensen models on stock types of Islamic mutual funds in Indonesia and Malaysia for the 2017-2018 period. This research is descriptive with a quantitative approach. The sample in this study is sharia equity mutual funds in Indonesia and Malaysia in the 2017 - 2018 period. The data collection techniques used are secondary data, with analysis techniques by measuring performance with the Sharpe Trenor and Jensen models, and comparison with the average difference test technique.-average. Based on the results of the analysis of the two different tests on average, the results of differences in the performance of shariah mutual funds in Indonesia and Malaysia using the Sharpe, Trenor and Jensen models each have a significance value of 0.001 with the Sharpe model, 0.041 with the Trenor model and 0.049 with the Jansen model. This shows the level of difference in the performance of sharia mutual funds types of shares in Indonesia and Malaysia for the 2017-2018 period. And from the test results that the three methods used, the accuracy of the Sharpe model is better than the Trenor model and Jansen model.
Co-Authors Abdullah Mubarok Abdulloh Mubarok Adelia Meysa Putri, Ni Luh Made Agus Santoso Agus suprijono Aji, Wendi Yonspia Alfiyah, Neti Amalia, Amara Amaliyah, Tika Amin Prohatomo, Yudit Amirah Amirah Amirah, Amirah Anastasia, Elza Aldilla Asyifa, Ade Julia Awallia Oktaviani, Nur Azzah, Hasna Afifah Baihaqi Fanani Berliana, Lusy Fina D.A, Syafira Rizki Dani Puji Pangesti Dewi Indriasih Dewi, Dea Rosa Kusuma Dewi, Risma Arlia Sinta Evelyn, Jane Fahreza, Viki Faiz Irsyad Prasetyo Fany, Firyal Afria Faridah Faridah Fawwas, Muhammad Rafi Federova, Ananda Silva Firmansyah, Fahmi Giri, Kadek Risna Puspita Gunistiyo, Gunistiyo Gunistyo, Gunistyo Hartono, Galatia Yesa Hengky Setiawan Hidayah, Lisna Ilham Ramadhan Nasution, Ilham Ramadhan Ira Maya Hapsari Jaka Waskita Jaka Waskito Jane Evelyn Listia Andela, Salsabila M Faqihudin Maju Binoto, Maju Mei Rani Amalia Mohammad Arridho Nur Amin Muhammad Siddik Erdi Wicaksono Mulyaningsih K, Naomi Sri Namira Ufrida Rahmi Neni Hendaryati Niken Wahyu Cahyaningtyas Ningrum, Eftika Riya Nur, Alny Miladia Oktaviani, Nur Awallia Pebrilian, Nelsa Permananingrum, Adila Prasetya, Victor Prasetyono, Agus Rahmawati, Septiana Galuh Riyadi, Ragil Anwar Rosalina Rozi, Facrul Sari, Metty Singgar Satria Ganefi, Hadi Setiani, Risma Meilana Setiawan, Hengky Siti Maghfiroh Sofhian Sofhian Sri Murdiati Sri Murdiati Sri Wahyuni Trisna, Ni Made Sukron, Muchamad Tabrani . Titik Sugianti Utami, Galuh Mega Wahyu Cahyaningtyas, Niken Wirayudha, Akhira Wiyanti, Sari Yuniarti Herwinarni