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ANALISIS PERBANDINGAN CAPM DENGAN TFMFF DALAM MENGESTIMASI RETURN SAHAM PADA JII PERIODE 2014-2016 Komara, Esi Fitriani; Yulianti, Eka
Manajerial : Jurnal Manajemen dan Sistem Informasi Vol 18, No 1 (2019): Manajerial : Jurnal Manajemen dan Sistem Informasi
Publisher : Program Studi Pendidikan Manajemen Perkantoran

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/manajerial.v18i1.16297

Abstract

ABSTRACT In investing investors need to estimate returns, it is intended that the desired actual return is in accordance with the expected return. CAPM and TFMFF are models that can estimate stock returns. This study aims to determine whether (1) in the CAPM beta model as market risk affects the return. (2) on TFMFF excess return, firm size and BE / ME have an effect on return. As well as (3) CAPM or TFMFF which can estimate return better. The sample of this research is JII stocks for the period 2014-2016. Data analysis used is simple regression for CAPM and panel data regression for TFMFF. The results of this study state that, (1) beta does not affect return. (2) excess return and firm size affect return while BE / ME does not affect return. (3) TFMFF is better than CAPM in estimating the return of JII for the period 2014-2016.Keywords: CAPM; TFMFF ABSTRAKDalam melakukan investasi investor perlu mengestimasi return, hal tersebut bertujuan  agar return aktual yang diinginkan sesuai dengan return yang diharapkan. CAPM dan TFMFF merupakan model yang dapat mengestimasi return saham. Penelitian ini bertujuan untuk mengetahui apakah (1) pada model CAPM beta sebagai risiko pasar berperpengaruh terhadap return. (2) pada TFMFF excess return, firm size dan BE/ME berperpengaruh terhadap return.Serta (3) CAPM atau TFMFF yang dapat mengestimasi return lebih baik.Sampel penelitian ini adalah saham-saham JII periode 2014-2016. Analisis data yang digunakan adalah regresi sederhana untuk CAPM dan regresi data panel untuk TFMFF. Hasil penelitian ini menyatakan bahwa, (1) beta tidak berpengaruh terhadap return. (2) excess return dan firm size berpengaruh terhadap return sedangkan BE/ME tidak berpengaruh terhadap return.(3) TFMFF lebih baik dibandingkan CAPM dalam mengestimasi return JII periode 2014-2016.Kata Kunci: CAPM; TFMFF
Pembentukan Portofolio Optimal dengan Menggunakan Capital Asset Pricing model (CAPM) pada Indeks LQ-45 periode 2016-2018 Komara, Esi Fitriani; Yulianti, Eka
Jurnal Ilmu Manajemen dan Bisnis Vol 12, No 2 (2021): Jurnal Ilmu Manajemen dan Bisnis. September 2021
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/jimb.v12i2.37371

Abstract

Tujuan penelitian ini adalah ingin mengetahui  saham-saham Indeks LQ-45 apa saja yang membentuk portofolio optimal dengan menggunakan CAPM serta apakah investasi dengan membentuk portofolio optimal lebih baik daripada investasi dalam bentuk sekuritas. Objek penelitian ini adalah Indeks LQ-45 yang terdiri saham-saham yang memiliki kinerja baik dan dapat memberikan return yang menarik bagi investor. Data penelitian ini menggunakan data sekunder yang diperoleh dari situs BEI. Metode yang digunakan menggunakan pendekatan penelitian kuantitatif yaitu metode penelitian deskriptif. Hasil penelitian ini menunjukan bahwa dari 33 emiten yang dijadikan sampel hanya 7 emiten yang membentuk portofolio optimal yaitu PTBA , ICBP, BBCA, INCO, PGAS, SMGR dan  investasi dengan membentuk portofolio optimal lebih baik daripada investasi dalam bentuk sekuritas, terlihat dari perolehan return dimana portofolio optimal lebih besar dibandingakn return dari amsing-maisng sekuritas.
Investigate The Influence Of The Fama and French Five-Factor Model On The SRI-KEHATI Stock Index: The Period of 2015–2022 Dewi, Ayu Oktami; Komara, Esi Fitriani
Jurnal Manajemen Bisnis Vol. 11 No. 2 (2024): September
Publisher : Pusat Penerbitan dan Publikasi Ilmiah, FEB, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33096/jmb.v11i2.776

Abstract

The capital market functions as an intermediary for the flow of funds between investors and companies, in accordance with the general principle that the greater the risk, the greater the potential profit. In estimating returns, there are several methods, one of which is the Fama French five factor model which was developed from the CAPM, APT and Fama French three factor models. This research aims to evaluate the relationship between the five-factor Fama French model and excess returns on the SRI-KEHATI stock index from 2015 - 2022. This research method adopts quantitative analysis with an associative causality approach and uses a purposive sampling technique to select 9 companies as samples. Data analysis used by Eviews 12. Study findings show that market factors have a significant influence on excess returns, while size, value, profitability and investment factors are not significant on excess returns. Overall, the Fama-French model's five factors collectively influence excess returns. This finding confirms that market conditions will influence the excess returns obtained by investors.
MAPPING THE EVOLUTION AND CURRENT TRENDS HUMANISTIC PEDAGOGIC: BIBLIOMETRIC ANALYSIS Huda, Miftakul Huda; Siswanto, Budi Nur Siswanto; Utama, RD Dian; Christianingrum, Christianingrum; Komara, Esi Fitriani
Jurnal Review Pendidikan Dasar : Jurnal Kajian Pendidikan dan Hasil Penelitian Vol. 9 No. 2 (2023): Vol. 9 No. 2 Mei 2023
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jrpd.v9n2.p123-137

Abstract

This bibliometric analysis is aimed at research on pedagogic humanism. Data sources were taken from the Scopus database, with the topic of discussion on Education and training, from searches for the words "Pedagogic" and "Humanist" and "Management", which were in English, looking for articles that were finally published. From the results of data analysis, 1,548 articles were obtained, and were analyzed. The results reveal a significant increase in the number of research publications starting from 1974 to 2023, and the United States is the country that has published the most articles on Pedagogic Humanism. The most dominant keywords used are presented by VOSViewer, there are 6 clusters consisting of: Keywords from the authors "Curriculum," "Student," "educations," "simulations," "pedagogy," and "learning,".
The Influence Of Price, Design, Feature And Brand Image On Repurchase Intention Of Wardah Foundation Products In Bandung City Nursania, Tiara; Komara, Esi Fitriani
JHSS (JOURNAL OF HUMANITIES AND SOCIAL STUDIES) Vol 4, No 2 (2020): JHSS (Journal of Humanities and Social Studies)
Publisher : UNIVERSITAS PAKUAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33751/jhss.v8i3.9713

Abstract

This research aims to analyze the influence of price, design, feature, and brand image on repurchase intention of Wardah foundation products in the city of Bandung. The data collection technique used was non-probability sampling with purposive sampling research involving 100 female respondents who had purchased and used Wardah foundation products in Bandung, aged 17 years old. The research instrument has undergone validity and reliability testing, classical assumption testing, and multiple regression analysis using SPSS version 26. The results of this study indicate that price has a positive influence on repurchase intention, design has a positive influence on repurchase intention, feature have a positive influence on repurchase intention, and brand image has a positive influence on repurchase intention. Furthermore, price, design, features, and brand image collectively have a significant influence on repurchase intention.
Pengaruh Total Asset Turnover, Current Ratio, Ukuran Perusahaan Terhadap Nilai Perusahaan Melalui Profitabilitas Sebagai Intervening Fitriani, Salma Fadhilah; Komara, Esi Fitriani
Akuisisi: Jurnal Akuntansi Vol 20, No 2 (2024)
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/akuisisi.v20i2.2109

Abstract

What is to be achieved with research to investigate and prove the effect of total asset turnover, current ratio and company size on firm value with return on assets as an intervening variable in the apparel & luxury goods sub-sector listed on the IDX totaling 18 companies in accordance with the sample criteria. The methodology used is quantitative and uses secondary data. Data analysis using path analysis.  The results of this study are that return on assets is positively influenced by total asset turnover, while return on assets can be influenced by current ratio and company size. Firm value is positively influenced by total asset turnover and return on assets, while firm value cannot be influenced by current ratio and firm size. Return on assets can mediate total asset turnover on firm value, but is unable to mediate the current ratio and firm size on firm value
PEMANTIK: Pelatihan Wanita Tani Kampung Cengek Komara, Esi Fitriani; Adialita, Tania; Simatupang, Frido S; N, Abdul Ahmad Hafidz; Prabowo, HRM Juddy
Jurnal Abdimas Kartika Wijayakusuma Vol 6 No 2 (2025): Jurnal Abdimas Kartika Wijayakusuma
Publisher : LPPM Universitas Jenderal Achmad Yani

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26874/jakw.v6i2.689

Abstract

Kampung Cengek terletak di Kelurahan Cigugur Tengah Kota Cimahi Jawa Barat. Meskipun daerah tersebut memiliki lahan sempit, tetapi masyarakat didorong memanfaatkan lahan sempit tersebut untuk menambah penghasilan, mengurangi biaya rumah tangga dari kebutuhan dapur, dan menumbuhkan potensi ketahanan pangan. Pemberdayaan lahan tersebut diinisiasi oleh Kelompok Wanita Tani (KWT) Bersih Segar Rindang (Berseri) RW 19. Hasil pertanian di lahan sempit RW 19 sudah secara rutin menghasilkan kebutuhan bumbu dapur yang dibutuhkan. Selain itu, hasil panen juga memiliki peluang untuk dipasarkan dan mendatangkan pendapatan bagi KWT meskipun hasil produksinya relatif belum stabil dan beberapa produk belum dipasarkan secara optimal. Tujuan pengabdian masyarakat ini untuk memberdayakan Kelompok Wanita Tani, khususnya KWT Berseri RW 19 untuk tidak hanya memiliki kemampuan bertani di lahan sempit, tetapi juga memiliki pola pikir dan kemampuan mengelola bisnis atau usaha. Hasil kegiatan pengabdian kepada masyarakat ini berupa peningkatan pemahaman ibu-ibu KWT Berseri dalam menerapkan pemasaran digital serta mampu melakukan pencatatan keuangan sederhana dengan baik untuk produk pertanian maupun produk olahan yang bersumber dari pemberdayaan sisa lahan di wilayah RW 19.