E-Jurnal Ekonomi dan Bisnis Universitas Udayana
VOLUME.03.N0.02.TAHUN 2014

PEMBENTUKAN PORTOFOLIO OPTIMAL PADA SAHAM-SAHAM INDEKS IDX30 DI PT BURSA EFEK INDONESIA

I Made Budi Sudarsana (Program Pascasarjana Universitas Udayana, Bali, Indonesia)
Ida Bagus Panji Sedana (Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia)
Luh Gede Sri Artini (Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia)



Article Info

Publish Date
16 Jan 2014

Abstract

Increasing public awareness and advances in information technology has been advancing the Indonesian capital market as an alternative investment. Investing in the stock market can be done by forming portfolios Markowitz Model and can use the strategy of stock selection based on price earnings to growth ratio. This study aims to determine the composition of the stocks forming the optimal portfolio and the proportion of funds invested. Shares used the stock index IDX30 period August 2013-January 2014, and then taken 15 stocks with price earnings to growth ratio is the lowest positive and analyzed using Microsoft Office Excel 2007. Results showed that the optimal portfolio shares forming Adaro Energy Tbk. (ADRO) of 16.42%, Aneka Tambang Tbk. (ANTM) of 5.00%, Jasa Marga (Persero) Tbk. (JSMR) of 34.11%, Perusahaan Gas Negara Tbk. (PGAS) of 27.47%, and Pakuwon Jati Tbk. (PWON) of 17.01%. Future studies may use other portfolio pricing models. Keywords: portfolio, price earnings to growth ratio, markowitz models

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Journal Info

Abbrev

EEB

Publisher

Subject

Economics, Econometrics & Finance Education

Description

E-Jurnal Ekonomi dan Bisnis Universitas Udayana (EEB) is an electronic scientific journal that publishes the results of economic and business studies. EEB is published periodically every month with an online format. EEB Editor receives written results of studies in the fields of economics, ...