Decision Support System for Share Investment Using The Capital Assetpricing Method (CAPM)

Investment is the placement of a number of funds at this time with the hope of obtaining benefits in the future. Stocks are one of the most popular investments. The current millennial generation is interested in investing in stocks because the capital required is not too large. However, in choosing a good stock for investment, the ability to read financial ratios is required. Errors in reading financial ratios will cause stock investment not to go as expected. To help with this, a system capable of supporting decisions is needed. There are several methods that can be used to produce a decision support system. In this study, the authors use the Capital Asset Pricing Model (CAPM) method in designing a decision support system in stock investment selection.The method in this research is through observation, interview, and literature study. The system design is made using Contex Diagram, HIPO, DAD, and database design. The system is made in a program with the PHP programming language. The process of determining the selection of stock investments using the Capital Asset Pricing Model (CAPM) method can simplify the determination process. Then with the method. can make it easier to determine the selection of stock investment.The final result in the stock investment selection process is a report that states investment (Ri> E) or not investment (Ri <E).

Download Full-text

MEMBANDINGKAN RISIKO SISTEMATIS MENGGUNAKAN CAPM-GARCH DAN CAPM-EGARCH

E-Jurnal Matematika ◽

10.24843/mtk.2017.v06.i04.p172 ◽

2017 ◽

Vol 6 (4) ◽

pp. 241

Author(s):

VIKY AMELIAH ◽

KOMANG DHARMAWAN ◽

I NYOMAN WIDANA

Keyword(s):

Asset Pricing ◽

Price Index ◽

Secondary Data ◽

Capital Asset Pricing ◽

Pricing Model ◽

Capital Asset ◽

Asset Pricing Model ◽

Stock Investment ◽

Egarch Model ◽

Stock Investments

In making stock investments, investors usually pay attention to the rate of return and risk of the stock investment. To calculate risk using capital asset pricing model (CAPM), GARCH, and EGARCH. The data used in this study is secondary data in the form of daily closing price (daily close price), JII price index and monthly SBI rate. All data were processed using matlab 13. The research sample consisted of 6 flagship shares for the period of 2013-2017 ie ADHI, SMGR, UNTR, BSDE, ICBP, KLBF. The conclusion of the research is the beta of each stock including aggressive beta because beta greater than 1. For return CAPM GARACH and CAPM EGARCH obtained Kalbe Farma stock (KLBF) has small beta and big return means GARCH and EGARCH model equally Can predict that stock KLBF shares the least risk and large returns among the six stocks.

Download Full-text

IPTEKS PENGHITUNGAN RISIKO PASAR DALAM KEPUTUSAN INVESTASI

Jurnal Ipteks Akuntansi Bagi Masyarakat ◽

10.32400/jiam.3.01.2019.24178 ◽

2019 ◽

Vol 3 (01) ◽

Author(s):

Winston Pontoh ◽

Novi Swandari Budiarso

Keyword(s):

Asset Pricing ◽

Market Risk ◽

Capital Asset Pricing Model ◽

Capital Asset Pricing ◽

Pricing Model ◽

Capital Asset ◽

Knowledge And Skills ◽

Asset Pricing Model ◽

Stock Investment ◽

Stock Investments

Well-established life is a common objective of people, and in term of to reach that objective then most of people should utilize knowledge and skills. One of the effort of people is normally make an investment especially stock investment. One of the reference for investors in case to make stock investments is market risk. Stock beta is one of market risk representative which measures stock responsiveness on market movements and capital asset pricing model (CAPM) is one method to measure market risk.Keywords : market risk, stock investment, CAPM

Download Full-text

IPTEKS PENGHITUNGAN RISIKO PASAR DALAM KEPUTUSAN INVESTASI

Jurnal Ipteks Akuntansi Bagi Masyarakat ◽

10.32400/jiam.3.1.2019.23302 ◽

2019 ◽

Vol 3 (1) ◽

Author(s):

Winston Pontoh ◽

Novi Swandari Budiarso

Keyword(s):

Asset Pricing ◽

Market Risk ◽

Capital Asset Pricing Model ◽

Capital Asset Pricing ◽

Pricing Model ◽

Capital Asset ◽

Knowledge And Skills ◽

Asset Pricing Model ◽

Stock Investment ◽

Stock Investments

Download Full-text

Analisis Pengembalian Keputusan Investasi Saham Dengan Pendekatan Capital Asset Pricing Model (CAPM) pada Perusahaan Perbankan Terdaftar di Bursa Efek Indonesia

BALANCE Jurnal Akuntansi dan Bisnis ◽

10.32502/jab.v2i2.1173 ◽

2018 ◽

Vol 2 (2) ◽

pp. 215

Author(s):

Nurmala Nurmala

Keyword(s):

Asset Pricing ◽

Financial Services ◽

Investment Decision ◽

Return Rate ◽

Capital Asset Pricing Model ◽

Capital Asset Pricing ◽

Pricing Model ◽

Capital Asset ◽

Asset Pricing Model ◽

Stock Investment

ABSTRACT The investors chose the banking shares because the management of this banking is overseen and regulated by Financial Services Authority in a transparent manner. This banking world will always be professional and transparent in managing public funds. It certainly will provide trust and positive value in the eyes of the community. The problem of this research is how to make Stock Investment Decision in accordance with Capital Asset Pricing Model (CAPM) Method on Banking Companies registered in Indonesia Stock Exchange. The purpose of this research is to analyze the decision of stock investment in accordance with Capital Asset Pricing Model (CAPM) method in Bankingcompanies registered in Indonesia Stock Exchange.The method used in this research is descriptive quantitative method and data are collected by documentation technique. The data analysis technique is used to calculate Individual Shares Return Rate (Ri), Risk Free Return (Rf), Market Rate (Rm), Premium Risk (Rp), expected Return Rate {E (Ri)}, and to help the efficiency and the decision of Stock Investments.Based on the results of the research, it can be seen that the risk with the lowest expected stock return is 0.340 and the highest expected rate of return is equal to 0.00532. There are 25 companies stocks included in the category of efficient stocks and 13 companies stocks included in the category of inefficient stocks among 38 companies stocks taken as this research sample. These stocks have greater Ri value than E (Ri) or [Ri> E (Ri)]. The investment decision taken by the investor is to buy the stocks.

Download Full-text