Constructing Share Investment Portfolio: Valuing and Measuring Performance of IDX30 as a Stock-Based Invesment in Indonesia Financial Market with Risk Adjusted Performance

This study is aimed to analyze, to construct, to measure and to value the portfolio performance of IDX30 as stock-based investment with risk adjusted performance. The findings are there were factors from a different group to another different variables, data analysis was performed using Paired Sample Test, ANOVA, and used different test by using One Way of Variance by Rank with Kruskal-Wallish, before it was analyzed, the data has to be standardized with z-score transformation. The results showed that there was different of IDX30 index performance between treatments (hypothesis 1 accepted), another results from expected return showed that there was different between individual performance method and risk adjusted performance on Sharpe (hypothesis 2 accepted) but there were not