Comparisonal Analysis of the Formation of Optimum Stock Portfolio in LQ45 Index and Development Board Index Using Single Index Model and Random Model

DOI

10.2991/978-94-6463-234-7_15How to use a DOI?

Keywords

Portfolio; Single Index Model; LQ45 Index; Development Board Index

Abstract

The purpose of this study is to provide empirical evidence that determining a stock portfolio using a single index model can provide optimal returns compared to determining a stock portfolio using a random model. There were 374 stocks from the Development Board Index and 45 stocks from the LQ45 index involved as samples of this study. The results showed that the determination of a stock portfolio using a single index model taken from the Development Board Index provides the most optimal return compared to the determination of other stock portfolios.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Arief Rachmansyah
AU  - Maya Sari
AU  - Ikaputera Waspada
AU  - Lena Lestary
PY  - 2023
DA  - 2023/09/29
TI  - Comparisonal Analysis of the Formation of Optimum Stock Portfolio in LQ45 Index and Development Board Index Using Single Index Model and Random Model
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 148
EP  - 156
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_15
DO  - 10.2991/978-94-6463-234-7_15
ID  - Rachmansyah2023
ER  -