The Indonesian Journal of Business Administration
Vol 2, No 7 (2013)

Performance Analysis and Portfolio Optimization Method on Stock Market INvestment: A Study of PT Telekomunikasi Indonesia Pension Fund Year 2006-2011




Article Info

Publish Date
26 Apr 2013

Abstract

PT Telekomunikasi Indonesia Tbk., Pension Fund (DAPENTEL) during year 2006 to 2011 was cannot meet the targets of Return on Investment (ROI) which was set in each early year by its management. This is because most of its funds invested on the stock market investment where the target of investment return is not achieved. The DAPENTEL method of stock investing by external investment manager will give additional investment cost and were not give optimal investment return for the company since most of the year 2006 -2011 resulting in negative value of ROI. Motivated by these problems I show that stock investment performance analysis by using valuation of the Holding Period Return (HPR), stock risk analysis, and risk premium analysis and selected stocks which are have higher performance than the market as a next year stock investment portfolio. Last, considering their performance value and their risk value as a weighting method will give a better investment result for DAPENTEL Return on Investment (ROI). Keywords: pensions fund, investments, stocks, ROI, HPR, Risk, Risk Premium, and Stock weighting

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Journal Info

Abbrev

IJBA

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Indonesia Journal of Business Administration(IJBA) is a business journal that bridges the gap between business research and practice, evaluating and reporting on new research to help readers identify and understand significant trends in their fields. The IJBA seeks to publish papers relating ...