RISIKO DAN RETURN INVESTASI SAHAM DALAM MENENTUKAN KEPUTUSAN INVESTASI

  • Jufri Sani Akbar Sekolah Tinggi Ilmu Ekonomi Pertiba Pangkalpinang
Keywords: Risk, Return and Investment Decision

Abstract

Investment risk occurs due to the difference between the expected rate of return with the actual rate of return, conditions of uncertainty will cause unwanted risk. Investors will feel safe if macroeconomic conditions are good, inflation is under control, exchange rates strengthen and interest rates are low. In investing, investors expect a return, either in the form of dividends or capital gains. The expected return on Indosat shares as the case study is 4.32% for a period of six months from June to November 2021, while the magnitude of the risk for the shares is 7.52%. The second case study is Telkom's stock, where the expected return is 2.87% and the stock risk is 5.39%. In addition to analyzing the respective stocks, stocks are also analyzed in the form of a portfolio with a case study combining the two stocks. From the results of portfolio analysis, it is obtained that the expected return is 3.96% with the allocation of funds of 75% and 25%, the expected return is the highest from the alternative allocation of investment funds, while the portfolio risk is 0.16%. Investment decisions on the basis of risk and return are influenced by the attitude of investors in facing risk. If investors want to get a large return, then the choice falls on the ISAT stock code, if investors want low risk, then the choice falls on the TLKM stock code, and if investors want both stocks, then the investment decision is taken in the form of a portfolio with a return of 3.96% and a risk of 0.16%.

Keywords: Risk, Return and Investment Decision

Downloads

Download data is not yet available.

References

[1]. Akbar, J. (2021). Pengaruh Return on Assets Dan Return on Equity Terhadap Price To Book Value Pada Perusahaan Perbankan Yang Terdaftar di Bursa Efek Indonesia. JEM Jurnal Ekonomi Dan Manajemen, 7(1), 59-68. Retrieved from https://journal.stiepertiba.ac.id/index.php/jem/article/view/109
[2]. Fahmi, Irham (2018), Pengantar Manajemen Keuangan, Bandung: Alfabeta
[3]. Halim, Abdul (2015), Analisis Investasi. Jakarta: Salemba Empat
[4]. Hanafi, Mamduh M (2006), Manajemen Risiko, Yogyakarta: Unit Penerbit dan Percetakan STIM YKPN.
[5]. Hidayat, R., suhardi, suhardi, & Wijaya, A. (2020). Pengaruh Struktur Hutang, Struktur Aktiva dan Struktur Modal Terhadap Kinerja Perusahaan Pada Perusahaan Tekstil Dan Garment Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2018. JEM Jurnal Ekonomi Dan Manajemen, 5(2), 133-148. Retrieved from http://www.stiepertiba.ac.id/ojs/index.php/jem/article/view/87.
[6]. Lestari, A., & suhardi, suhardi. (2020). Pengaruh Keputusan Investasi, Ukuran Perusahaan, Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Food and Beverage Yang Terdaftar Di Bursa Efek Indonesia. JEM Jurnal Ekonomi Dan Manajemen, 6(1), 60-73. Retrieved from http://www.stiepertiba.ac.id/ojs/index.php/jem/article/view/91.
[7]. Makrus, M. (2021). Pengaruh Total Assets Turnover Dan Debt To Equity Ratio Terhadap Return On Asset Untuk Industri Properti Di Bursa Efek Indonesia Periode 2019. JEM Jurnal Ekonomi dan Manajemen, 7(1), 47-58.
[8]. Masri, Zainal Aripin (2017), Pasar Uang dan Pasar Modal, Jakarta: Uninda Press
[9]. Sofjan, Iban (2005), Manajemen Risiko, Yogyakarta: Graha Ilmu
[10]. Suhardi, S., & Altin, D. (2013). Analisis Kinerja Keuangan Bank BPR Konvensional di Indonesia Periode 2009 sampai 2012. Jurnal Pendidikan Ekonomi dan Bisnis, 5(2), 101-110.
[11]. Sujarweni, V. W. (2017). Manajemen Keuangan Teori, Aplikasi dan Hasil Penelitian. Yogyakarta: Pustaka Baru Press.
[12]. Tandelilin, Eduardus (2010), Portofolio dan Investasi Teori dan Aplikasi, Yogyakarta: Penerbit Kanisius
[13]. Widodo, P. M. R. (2016). Pengaruh Keputusan Investasi, Pendanaan, Dan Kebijakan Dividen Terhadap Nilai Perusahaan. Jurnal Ilmu dan Riset Akuntansi, 5 (1).
[14]. https://setkab.go.id/realisasi-investasi-hingga-september-2021-capai-rp6594-triliun/
[15]. PT Indosat Tbk (ISAT.JK) Stock Historical Prices & Data - Yahoo Finance
[16]. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLKM.JK) Stock Historical Prices & Data - Yahoo Finance.
Published
2021-12-29
How to Cite
Akbar, J. (2021). RISIKO DAN RETURN INVESTASI SAHAM DALAM MENENTUKAN KEPUTUSAN INVESTASI. JEM Jurnal Ekonomi Dan Manajemen, 7(2), 58-68. Retrieved from http://journal.stiepertiba.ac.id/index.php/jem/article/view/127