RISK AND RETURN MANAGEMENT OF SHARIA STOCKS IN JAKARTA ISLAMIC INDEX FOR THE PERIOD OF 2009 – 2019 USING MARKOWITZ PORTOFOLIO MANAGEMENT

Widhiyo Sudiyono (Universitas Muhammadiyah Malang)

International Journal of Economics, Business and Accounting Research (IJEBAR)
Vol 5, No 1 (2021): IJEBAR, VOL. 5, ISSUE 01, MARCH 2021

To reduce risk in investment and at the same time optimize the returns, it is necessary to establish a series of stocks that have high returns, as well asto select a series of stock with negative variance to reduce the risk. In this research, an efficient frontier approach by Harry Markowitz will be applied to JII shares during the period 2009 - 2019 so that a portfolio with a low risk and optimal return can be formed to reduce risk and optimize return.