ANALISIS PORTOFOLIO MENGGUNAKAN MODEL MARKOWITZ PADA PERUSAHAAN PULP AND PAPER DI BEI

Andi Muhammad Ayyub  Rizal; Suwitho  Suwitho

Andi Muhammad Ayyub Rizal
Suwitho Suwitho

Keywords: Portfolio of markowitz model, investment, stock

Abstract

This researchs is meant to find out how to formed an efficient stock combination by using analysis of
Markowitz portfolio. The resarch object is the monthly stock price from January to December in 2014.
The samples are 4 companies. The result of this resarch shows 6 portfolio combinations
that there are 2
efficient potfolio i.e.:
PT. Indah Kiat Pulp & Paper Tbk and PT. Toba Pulp Lestari Tbk at the same
proportion; and PT. Fajar Surya Wisesa Tbk and PT. Toba Pulp Lestari Tbk at the different
proportion. Investors in selecting efficient portfolio in accordance with the profit preference and and
the risks it borne. Risk seeker investors take the investment with high risk at similar proportion and
different proportion
on PT. Indah Kiat Pulp & Paper Tbk and PT. Toba Pulp Lestari Tbk. Risk averter
investors tend to consider the investment decision carefully and well planned at similar proportion
and different proportion on PT. Fajar Surya Wisesa Tbk and PT. Toba Pulp Lestari Tbk.

Keywords:Portfolio of markowitz model, investment, stock