PROBABILITAS TINGKAT LABA BURSA EFEK INDONESIA PERIODE 1 JULI 1997 – 1 JULI 2011

Tomy, G. Soemapradja (2011) PROBABILITAS TINGKAT LABA BURSA EFEK INDONESIA PERIODE 1 JULI 1997 – 1 JULI 2011. Jurnal Binus Business Review, 02 (02). ISSN 2087-1228

[img]
Preview
Text
0202-1111 19_AK - Tomy Gurtama Soemapradja_setting-ABSTRACT.pdf

Download (13kB) | Preview
Official URL: http://library.binus.ac.id/Collections/jour...

Abstract

Capital market investor should considers whether the higher expected return, the more risk should be taken, to minimize speculative decision. The research objectives are measuring and describes the probability distribution of market return of IHSG, in July 1, 1997- July 1, 2011, according to availability of public data provided by Indonesian Stock Exchange (IDX). Classification were made with several considered assumptions, results that the largest probability movements of Indonesian Stock Exchange, represented by IHSG percentage of change, is relatively stable of 89,1%, the cumulative probability of downtrend and market crash is 6.3%, whether the cumulative probability of uptrend and booming is 4,6%. This research results the expected return based on probability distribution is 0.049% per day. Assumed 12% pa of time deposits interest rate or 0.033% per day, it means the market risk premium only 0.17% per day or 6% pa. The Capital market is suitable for risk seeker rather than risk averter or risk normal. But risk averter and risk normal may use other alternative instrument such mutual funds when they want to invest their money into capital market.

Item Type: Article
Additional Information: 21_Volume 02 / Nomor 02 / November 2011_PROBABILITAS TINGKAT LABA BURSA EFEK INDONESIA PERIODE 1 JULI 1997 – 1 JULI 2011
Subjects: Management
Divisions: Jurnal Binus Business Review > Volume 02 / Nomor 02 / November 2011
Depositing User: Mr. Super Admin
Date Deposited: 05 Jun 2012 05:46
Last Modified: 02 Feb 2013 04:30
URI: http://eprints.binus.ac.id/id/eprint/13931

Actions (login required)

View Item View Item