CONTABILITA: Journal of Accounting and Finance
Vol. 2 No. 1 (2026): CONTABILITA : Journal Of Accounting and Finance

Formation of an Optimal Portfolio of Shares of LQ-45 Indexed Companies Using the Markowitz Index Model

Yoseph Ferdinand (Universitas Katolik Darma Cendika)



Article Info

Publish Date
30 Apr 2026

Abstract

Investment is an activity that cannot be separated from the business world.To achieve the expected return and reduce risk, it is necessary for a company to diversify its business. Diversification means investors need to form a portfolio through the selection of a combination of assets in such a way that risk can be minimized without reducing the expected return, because reducing risk without reducing return is the investor's goal in investing.The research Data used is historical data on the closing price of the company's shares indexed LQ-45 published by the Indonesia Stock Exchange. Data obtained from the official website of the Indonesia Stock Exchange, namely www.idx.co.id and www.yahoofinance.co.id in the form of quantitative data. The Markowitz model is a portfolio determination model that emphasizes the relationship between Return and investment risk

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Journal Info

Abbrev

CAF

Publisher

Subject

Description

CONTABILITA : Journal of Accounting and Finance is a peer-reviewed scientific journal published twice times a year (April and October) managed by the Accounting Study Program, Faculty of Economics and Business, Universitas Katolik Darma Cendika. The scope of the journal includes financial ...