Comparison Of Sharia Performance And Conventional Mutual Funds In Forming Optimal Portfolio

2021 ◽  
Vol 4 (3) ◽  
pp. 655-672
Author(s):  
Surono Surono ◽  
Rika Juwita ◽  
Ruslan Abdul Ghofur ◽  
Erike Anggraini
Keyword(s):  
Comparative Study ◽  
Hypothesis Testing ◽  
Mutual Funds ◽  
Capital Market ◽  
Optimal Portfolio ◽  
Purposive Sampling ◽  
Significant Difference ◽  
The Difference ◽  
Descriptive Method ◽  
Method Show

This research aims to analyze the differences in the performance of Islamic stock mutual funds and conventional stock mutual funds in forming an optimal portfolio using the Sharpe and Treynor models. Purposive sampling was used in determining the data sample which was then analyzed using the descriptive method with a comparative study during the period January 2018 to December 2019. Hypothesis testing used a different test to determine the difference between the two using the SPSS Application Tool. The results showed that the calculation of the performance of stock mutual funds using the Sharpe method, both Islamic and conventional stock mutual funds, there was no significant difference. Likewise, the results of the calculation of the performance of stock mutual funds using the Treynor method show that there is no difference between the performance of Islamic stock mutual funds and conventional stock mutual funds. This is one proof of the development of the Islamic economy in Indonesia, especially in the capital market, so that Islamic mutual funds can compete with conventional mutual funds.

Comparative Study of Various Sectorial Mutual Funds

2016 ◽  
Vol 6 (2) ◽  
Author(s):  
Indrani Sengupta
Keyword(s):  
Comparative Analysis ◽  
Comparative Study ◽  
Hypothesis Testing ◽  
Mutual Funds ◽  
Capital Market ◽  
Mutual Fund ◽  
Low Cost ◽  
Financial Goal ◽  
The Common ◽  
Common Man

Mutual fund is a trust that pools the savings of a number of investors’ who share a common financial goal. Money collected from investors is invested in capital market instrument such as shares, debentures and other securities. Income earned through these investments and the capital appreciations realized are shared by its unit’s holder in proportion to the number of units owned by them. Thus a mutual fund is the most suitable investment to the common man as it offers an opportunity, to invest in a diversified, professionally managed basket of securities at relatively low cost. This paper attempts to discuss various types of sectorial mutual funds and its comparative analysis between two mutual funds from each category. Furthermore Sharpe’s, Treynor’s ratios are also being used along with hypothesis testing to substantiate the validity of the test.

scholarly journals A comparative study of functional outcome between platelet rich plasma injection versus steroid infiltration in plantar fasciitis

2020 ◽  
Vol 6 (2) ◽  
pp. 393
Author(s):  
Harpreet Singh ◽  
Malay P. Gandhi ◽  
Aliasgar J. Rampurwala ◽  
Tej S. Rudani
Keyword(s):  
Comparative Study ◽  
Plantar Fasciitis ◽  
Platelet Rich Plasma ◽  
Corticosteroid Injection ◽  
Injection Group ◽  
Plasma Injection ◽  
Significant Difference ◽  
The Difference ◽  
The Individual

<p class="abstract"><strong>Background:</strong> Plantar fasciitis (PF) is considered as degenerative tendinopathies. Repeated micro trauma is the major etiology of these diseases. Autologous platelet rich plasma (PRP) injections are becoming more popular in the treatment of enthesopathies like PF. The growth factors in PRP cause tissue healing. We compared the result of injecting intra-lesional autologous PRP injections versus steroid infiltration in chronic PF.</p><p class="abstract"><strong>Methods:</strong> A prospective, interventional and analytic comparative study was done and 81 patients (120 heels) were included in this study and were followed up for 6 months. We assessed the outcome of each patient using visual analog score (VAS) and foot and ankle disability index (FADI) on follow-up at 1, 3, and 6 months. <strong></strong></p><p class="abstract"><strong>Results:</strong> In our study, female preponderance was seen. Left side was more common as compared to right side. Unilateral PF is more common than bilateral. The difference with in the individual group at baseline and at 1,3 and 6 months was statistically highly significant in terms of VAS and FADI (p=0.0001) But the difference in the between the two groups was insignificant for VAS and FADI at 1, 3 and 6 months.</p><p class="abstract"><strong>Conclusions:</strong> In our study, as there is no significant difference in VAS and FADI score between corticosteroid injection group and PRP injection group at 1, 3 and 6 months follow up. So, it’s reasonable to conclude that both are equally effective in PF. But as PRP injection comes out to be more time consuming and more costly, corticosteroid seems to be more efficient, cost and time wise. Hence, the latter should be a better choice.      </p>

scholarly journals Pengaruh Penerapan Model Pembelajaran Kooperatif Tipe Course Review Horay (CRH) Terhadap Keaktifan Belajar dan Hasil Belajar Ekonomi

2019 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Aisyah Aisyah
Keyword(s):  
Learning Outcomes ◽  
Sampling Method ◽  
Learning Model ◽  
Positive Influence ◽  
Learning Activity ◽  
Economic Study ◽  
Purposive Sampling ◽  
Significant Difference ◽  
The Difference

This research is experimental research on students class XI of MIPA in SMA Negeri 3 Purwokerto. This research takes the title of "The Influence of the Application of the Cooperative Learning Model Type Course Review Horay (CRH) Against the Liveliness of learning and the Results of the Economic Study (study on the Grade XI MIPA in SMA Negeri 3 Purwokerto)". The purpose of this research is to know the difference in learning outcomes and learning activity between the learning model Course Review Horay (CRH) with conventional learning model, to know the influence of learning model Course Review Horay (CRH) against the learning outcomes and learning activity, as well as to know the influence of the liveliness of the learning results of learning. The population of this research is the grade XI MIPA in SMA Negeri 3 Purwokerto. The number of samples taken in this study is 72 i.e. 2 Class XI of MIPA which each class amounted to 36 students. Purposive Sampling Method used in the determination of the sample. Based on the results of the research and the anallisis data indicate that (1) there is a significant difference between the model of learning learning activeness cooperative Course Review Horay (CRH) and conventional learning model on economics. (2) there are significant differences between the learning outcomes learning model cooperative Course Review Horay (CRH) and conventional learning model on economi. (3) there is a positive influence learning model cooperative Course Review Horay (CRH) against the liveliness of the study on economic. (4) there is a positive influence learning model cooperative Course Review Horay (CRH) against the results of the study on economic. (5) there is no positive influence between the liveliness of student learning against the results of the study on economic. Penelitian ini adalah penelitian eksperimen pada siswa kelas XI MIPA di SMA Negeri 3 Purwokerto. Penelitian ini mengambil judul “Pengaruh Penerapan Model Pembelajaran Kooperatif Tipe Course Review Horay (CRH) terhadap Keaktifan Belajar dan Hasil Belajar Ekonomi (Studi pada Siswa Kelas XI MIPA di SMA Negeri 3 Purwokerto)”.        Tujuan dari penelitian ini adalah untuk mengetahui perbedaan keaktifan belajar dan hasil belajar antara model pembelajaran Course Review Horay (CRH) dengan model pembelajaran konvensional, untuk mengetahui pengaruh model pembelajaran Course Review Horay (CRH) terhadap keaktifan belajar dan hasil belajar, serta untuk mengetahui pengaruh keaktifan belajar terhadap hasil belajar. Populasi penelitian ini adalah siswa kelas XI MIPA di SMA Negeri 3 Purwokerto. Jumlah sample yang diambil dalam penelitian ini adalah 72 yaitu 2 kelas XI MIPA yang masing-masing kelas berjumlah 36 siswa. Purposive Sampling Method digunakan dalam penentuan sample. Berdasarkan hasil penelitian dan anallisis data menunjukkan bahwa (1) Terdapat perbedaan signifikan keaktifan belajar antara model pembelajaran kooperatif Course Review Horay (CRH) dengan model pembelajaran konvensional pada mata pelajaran ekonomi. (2) Terdapat perbedaan signifikan hasil belajar antara model pembelajaran kooperatif Course Review Horay (CRH)  dengan model pembelajaran konvensional pada mata pelajaran ekonomi. (3) Terdapat pengaruh positif model pembelajaran kooperatif Course Review Horay (CRH)  terhadap keaktifan belajar pada mata pelajaran ekonomi. (4) Terdapat pengaruh positif model pembelajaran kooperatif Course Review Horay (CRH)  terhadap hasil belajar pada mata pelajaran ekonomi. (5) Tidak terdapat pengaruh positif antara keaktifan belajar siswa terhadap hasil belajar pada mata pelajaran ekonomi.  

scholarly journals PENGUKURAN KINERJA REKSA DANA PADA REKSA DANA SYARIAH DAN REKSA DANA KONVENSIONAL DI INDONESIA PERIODE 2008 – 2018

2020 ◽  
Vol 6 (9) ◽  
pp. 1851
Author(s):  
Zulfiyah Azmi ◽  
Bayu Arie Fianto
Keyword(s):  
Panel Data ◽  
Mutual Funds ◽  
Stock Price ◽  
Price Index ◽  
Sharpe Ratio ◽  
Ratio Method ◽  
Significant Difference ◽  
Asset Value ◽  
Net Asset Value ◽  
The Difference

This research measured and compared the performance between Islamic mutual funds and conventional mutual funds using Sharpe Ratio, Treynor Index, Jensen Alpha, Modigliani Measure, Appraisal Ratio, and Adjusted Sharpe Ratio. This research used quantitative approach with panel data that was measured by using different test and it aimed to find out the comparation of the samples. This research used Net Asset Value (NAV), Joint Stock Price Index, BI Rate to find out return and risk that will be implemented on the measured methods. The results of the research based on T-test are that there is no significant difference of performance between Islamic mutual funds and conventional mutual funds, except the Appraisal Ratio method that shows the difference on Islamic mutual funds that has a better performance.Keywords: Sharpe Ratio, Treynor Index, Jensen Alpha, Modigliani Measure, Appraisal Ratio, Adjusted Sharpe Ratio

scholarly journals PENENTUAN INVESTASI BERDASARKAN TINGKAT RISIKO PADA SAHAM SYARIAH, REKSADANA SYARIAH, DAN EMAS PERIODE 2011-2015

2019 ◽  
Vol 5 (6) ◽  
pp. 486
Author(s):  
Ayu Fitri ◽  
Dina Fitrisia Septiarini
Keyword(s):  
Mutual Fund ◽  
Historical Data ◽  
Stock Exchange ◽  
Secondary Data ◽  
Gold Price ◽  
Quantitative Approach ◽  
Purposive Sampling ◽  
Significant Difference ◽  
The Difference

The purpose of this study was to determine the difference of rate of risk on islamic stock, islamic mutual fund, and gold period 2011-2015. It uses quantitative approach by using Kruskal Wallis test. The sample collecting method used purposive sampling. This study was used secondary data that was collected from official websites of Indonesia Stock Exchange, PT BNP Paribas, and Price Gold. Data used was historical data from JII index, NAV per unit BNP Paribas Pesona Syariah, and gold price. The result Kruskal-Wallis test show that there was significant difference of rate of risk on islamic stock, islamic mutual fund, and gold. But, when used Mann-Whitney next test show that there was no significant difference on Islamic stock. The result of this study proved that islamic stock was more best than gold and islamic mutual fund

scholarly journals PERBANDINGAN HARGA SAHAM PERUSAHAAN FARMASI BUMN SEBELUM DAN SESUDAH PENGEMBANGAN VAKSIN VIRUS CORONA (COVID-19)

2021 ◽  
Vol 7 (3) ◽  
Author(s):  
Morenly Marchel Welley ◽  
Franky N. S Oroh ◽  
Mac Donald Walangitan
Keyword(s):  
Capital Market ◽  
Stock Price ◽  
Vaccine Development ◽  
Share Price ◽  
Analysis Technique ◽  
Significant Difference ◽  
Before And After ◽  
The Difference ◽  
The Government ◽  
National Economies

ABSTRACT: The existence of an extraordinary event that occurred, namely the Covid-19 Pandemic, caused the global and national economies to experience obstacles. Not only does it have an impact on the economy, but this also has an impact on the capital market. The President's announcement regarding the development of the Covid-19 vaccine provides hope for the economy and capital market to revive. The state-owned pharmaceutical company appointed by the government has also benefited from vaccine development. The purpose of this study was to determine the difference in the share price of BUMN Pharmaceutical Companies before and after the development of the corona virus vaccine (Covid-19). The data analysis technique used in this study was the Paired sample t-test. The results showed that (1) the stock price of KAEF before the announcement of vaccine development and the stock price of KAEF after the announcement of vaccine development was a significant difference and (2) the stock price of INAF before the announcement of vaccine development and the stock price of INAF after the announcement of vaccine development had a significant difference.

scholarly journals Feeling Of Insecurity In Working And Non-Working Women Of Pakistan: A Comparative Study

2015 ◽  
Vol 10 (1) ◽  
pp. 69-81
Author(s):  
Fareda Zeab ◽  
Uzma Ali
Keyword(s):  
Informed Consent ◽  
Comparative Study ◽  
Working Women ◽  
Sampling Technique ◽  
T Test ◽  
Descriptive Statistics ◽  
Purposive Sampling ◽  
The Difference ◽  
Age Range

The purpose of this study is to explore the difference between feeling of insecurity in working and non-working women of Pakistan. It was hypothesized that “The working-women will score higher the non-working women on the variable of feelings of insecurity”. The sample of 250 (125 working, 125 non working) women, age range was between 28 years to 45 years (M =34.126; SD= 4.129) were selected from different organizations and areas of Karachi, Pakistan through purposive sampling technique. After taking the permission from authorities and informed consent from the participant demographic forms were filled then in order to measure the feeling of insecurity, Zeab Fareda’s Insecurity Scale (2011) was administered, individually. Descriptive statistics and t-test for independent mean were used to analyze the data through SPSS. It was concluded that working women are likely to have feeling of insecurity than non working women in Pakistan.

scholarly journals PERBEDAAN KEMAMPUAN MENULIS TEKS TANGGAPAN KRITIS SIWA KELAS IX SMPN 3 BENGKULU UTARA DENGAN SISWA KELAS IX SMPN 10 BENGKULU UTARA

2018 ◽  
Vol 2 (1) ◽  
pp. 83-92
Author(s):  
Oktarina Widarsih ◽  
Syukri Hamzah ◽  
Didi Yulistio
Keyword(s):  
Writing Ability ◽  
Critical Response ◽  
Analysis Technique ◽  
Significant Difference ◽  
Critical Responses ◽  
The Difference ◽  
Quantitative Descriptive ◽  
Text Language ◽  
Write Text ◽  
Descriptive Method

The purpose of this research is 1) to know the ability to write text of critical responses of students of class IX SMPN 10 Bengkulu Utara, 2) to know the ability to write text of critical responses of students of class IX SMPN 3 Bengkulu Utara and 3) to know the difference of writing ability of critical responses between students Class IX SMPN 3 North Bengkulu and students of class IX SMPN 10 North Bengkulu. This research uses quantitative descriptive method. The population of this research is the students of IX class SMPN 3 Bengkulu Utara and the students class IX SMPN 10 Bengkulu Utara, the sample is taken as many as 100 students. Data collection techniques use critical capability writing text tests. The data analysis technique used is unpaired T-test. The results showed that the ability to write text critical responses in students of class IX SMPN 3 Bengkulu North categorized enough and students class IX SMPN 10 North Bengkulu good category. There was no significant difference between students of IX class 3 of SMP 3 Bengkulu Utara with students of class IX SMP 10 Bengkulu Utara. From the results of this study as for suggestions submitted for both schools are more understanding of the structure of text, language rules, and spelling of Indonesian so that the writings of students more qualified. Keywords: Differences, Writing Capabilities, Critical Response Texts

scholarly journals Pengaruh metode latihan dan koordinasi mata-tangan terhadap hasil keterampilan servis atas bola voli

2017 ◽  
Vol 5 (1) ◽  
pp. 100
Author(s):  
Yohana Bela Christian Sari ◽  
Guntur Guntur
Keyword(s):  
Sampling Technique ◽  
Training Methods ◽  
Training Method ◽  
Massed Practice ◽  
Purposive Sampling ◽  
Significant Difference ◽  
Research Population ◽  
Practice Method ◽  
Hand Coordination ◽  
The Difference

Penelitian ini bertujuan untuk mengetahui: (1) perbedaan pengaruh metode massed practice dan metode manipulasi jarak servis terhadap hasil keterampilan servis atas (top spin) bola voli (2) perbedaan hasil servis atas (top spin) bola voli yang memiliki koordinasi mata-tangan tinggi dan koordinasi mata-tangan rendah terhadap hasil keterampilan servis atas (top spin) bola voli, dan (3) interaksi antara metode latihan dan koordinasi mata-tangan terhadap hasil keterampilan servis atas (top spin) bola voli. Metode penelitian ini menggunakan eksperimen dengan rancangan faktorial 2 x 2.  Populasi penelitian ini adalah anak latih ekstrakurikuler SMP di Kalasan Sleman Yogyakarta, yang berjumlah 42 orang. Sampel penelitian ini 22 diambil dengan teknik purposive sampling. Instrumen penelitian menggunakan tes koordinasi mata-tangan dan servis atas bola voli dengan menggunakan tes russlle-lange volleyball serve test. Teknik analisis data menggunakan Anava. Hasil penelitian ini menunjukkan bahwa: (1) ada perbedaan pengaruh yang signifikan antara latihan servis atas dengan menggunakan metode latihan massed practice dan metode latihan manipulasi jarak  terhadap hasil servis atas (top spin) bola voli, (2) ada perbedaan yang signifikan hasil servis atas (top spin) bola voli antara anak latih yang memiliki koordinasi mata-tangan tinggi dan koordinasi mata-tangan rendah, dan (3) ada interaksi antara metode  latihan servis atas dan koordinasi mata-tangan terhadap hasil servis atas bola voli.Kata kunci: massed practice dan manipulasi jarak, koordinasi mata-tangan, hasil servis atas (top spin) bola voli. The Effects of Training Method and Eye-Hand Coordination on the Results of Volleyball Serving Skill AbstractThis study aims to investigate: (1) the difference of the effects of massed practice method and serving distance manipulation method on the results of volleyball topspin serving skill, (2) the difference of the effects of the volleyball topspin serving with high eye-hand coordination and low eye-hand coordination on the results of volleyball topspin serving skill, and (3) the interaction between the training method and eye-hand coordination on the results of volleyball topspin serving skill. The study employed experimental method with a 2 x 2 factorial design. The research population comprised students joining the extracurricular of volleyball at SMP Kalasan, Sleman, Yogyakarta, with a total of 42 students. The sample consisted of 22 students, selected by means of purposive sampling technique. All data obtained through this study to test and measure eye-hand coordination tests and results of volleyball topspin serving were measured by Russell-Lange volleyball serving test. The data were analyzed by ANOVA. The results of the study are as follows. (1) There is a significant difference of the effects of topspin serving training through the massed practice training method and the distance manipulation training method on the results of volleyball topspin serving. (2) There is a significant difference in the results of volleyball topspin serving between the students with high eye-hand coordination and those with low eye-hand coordination. (3) There is an interaction between the serving training methods and eye-hand coordination on the results of volleyball topspin serving.Keywords: massed practice and serving distance manipulation methods, eye-hand coordination, results of volleyball topspin serving 

scholarly journals AGGRESSIVENESS, PESANTREN AND SHIYAM (A COMPARATIVE STUDY)

Proyeksi ◽  
2012 ◽  
Vol 7 (1) ◽  
pp. 109
Author(s):  
Fitriyah Fitriyah ◽  
Falasifatul Falah
Keyword(s):  
Young People ◽  
Comparative Study ◽  
Random Sampling ◽  
Living Environment ◽  
T Test ◽  
Male Adolescents ◽  
Significant Difference ◽  
The Difference ◽  
One Way Anova ◽  
Religious Fasting

Aggressive behaviors by adolescents in Indonesia has perceived as national problem. This problem ofbehavior occur among all background of teenagers, including young people who had religiousbackground. There are two purposes of the study: 1). To examine the difference of aggressivenessbetween adolescent living in pesantren and adolescent living outside pesantren; and 2). To examine thedifference of aggressiveness among adolescents doing different frequency of religious fasting (shiyam),especially non-obligatory (sunnah) fasting on Monday or Thursday. The population of study was 11 to 21years old male-Moslem adolescent living in Kelurahan Bangunharjo, Semarang. Samples of study takenwith random sampling, based on data of residences in Kelurahan Bagunharjo Semarang. Twohypotheses were proposed in this study: 1). There are different aggressiveness between adolescentsliving in pesantren and ones living outside of pesantren; and 2). There are different aggressivenessamong adolescents doing different frequencies of Monday-Thursday shiyam. The first examinationemploying independent sample t-test resulted in t=-4,902 which p=0,00 (p<0,01), showed that the firsthypothesis was proved: there was a very significant difference of aggressiveness between the group ofMuslim-male adolescents living in pesantren and the group of others, the first group showed loweraggressiveness. The second examination employing one-way anova resulted in F=16,736 which p=0, 00(p<0, 01), showed that the second hypothesis was also proved: there was a very significant difference ofaggressiveness among the groups of Muslim-male adolescents with different frequency of religiousfasting (shiyam): the more frequency of religious fasting, the lower aggressiveness was. The result ofstudy suggested that both religious living environment and religious fasting might give contribution todecrease aggressiveness on adolescents.

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