Open AccessOptimal portfolio analysis of manufacturing entities in the Indonesia Sharia Stock Index
Author(s) -
Yunan Najamuddin,
Neni Meidawati,
Nahar Savira Putri,
Yuni Nustini,
Muamar Nur Kholid
Publication year - 2022
Publication title -
international journal of research in business and social science
Language(s) - English
Resource type - Journals
ISSN - 2147-4478
DOI - 10.20525/ijrbs.v10i8.1506
Subject(s) - stock exchange , indonesian , portfolio , nonprobability sampling , stock (firearms) , sharia , index (typography) , business , population , actuarial science , accounting , islam , finance , computer science , engineering , medicine , geography , environmental health , mechanical engineering , linguistics , philosophy , archaeology , world wide web
The purpose of this research is to determine the optimal portfolio for manufacturing entities listed on the Indonesian Sharia Stock Index based on a single index model test. The population of this research is manufacturing entities that have been listed in the Indonesian Sharia Stock Index on the Indonesia Stock Exchange for the Period 2019-2020. This study uses a purposive sampling technique using several criteria. Based on this technique, 31 entities meet the criteria. The results showed that the expected return was 5.65%, and the possible risk was 0.22% for 15 (fifteen) stocks included in the optimal portfolio category.