ANALISIS PEMBENTUKAN PORTOFOLIO SAHAM OPTIMAL BERDASARKAN TINGKAT KAPITALISASI DENGAN MENGGUNAKAN PENDEKATAN SINGLE INDEX MODEL.

n\ iliu @(qn I 6 _4.i6 (trr4! r!8. i o

ijr.r ldk :dr!lth$Er! o ra!

d!iPfuiro,lgjtrl!!Ltr(ttrai@ h!,i!oj.il!'tg'4[helidd'l

tu4

N';

t;!r

htu

t Pr"b. arturbLt,!tui4hLr.titLr

I reslor !!

L.Lddtlehd

a', !rr!

"L t^;d,.-a,,,4,

",".

'"e-. tu !'"e-.o!6i!irNnP rAx !'"e-.rirl

''

a"r,; i di dihh nM. F!,

.--, ! F,;6. r-q@!!| i-,.re

\4If!n]F..toFjlisridi.]t(\ "..

q,ilii , ft r*r,4 N -.LF

4!oJdjg.'!gk]r5&lnM'41

!

rrNJrulNrLonr

r!tr!il!B laDr,,{Jrir Lr ritri,!

",--,,.

di

-r,...e(

-"'{.'r"

r!uil]j!!.lkdLl'riljl!l$'<Rq!

d''in.t]4i'd@.:(]ip!j]]]j'L!

i$iL 1!4ki,. _{r,"., rss} ,! d,r,

l!l.uo,.Go.ilos:(iloiiFooh!LJ*6kn.rj-tbni;!.!!il]t'

"^

(]f n. rr$i tu,nr.i

rrr. r i! i ) \r.Itto und rf,d lr*i o

.ni i b!n!r _i.n:o i& i u!. d. qd,tieo

q L,i i i!(re,!ii r1r4!,i i _rar

n dnL;erp.;dd, _{hnfd oo4or} "

4rer:!9lji!n!nnsbP!'sjn:!,r*lt

r!!r _{ri.udi i o)ir.L jrosoPrrshj}

..

tr.!

rs L:4r

o

',!r)d4.6?qorrl

ts,Forl

fv

trdebi r!) r6i F !3ir iitui

FLqt-h!

r!,id

tr ri,i q.t r,.,1. l^ h fD,r,/, rLr

| ,.,."r _{nr -N1k: i!.! i4}

D^!!, ,F(!. _{.1' rr! flr !i'lr,}

i.4

trr

!

Ll''1,|odu|.'tl4!ll}!.ll

Jou, rdi! di ?idrtu , Jii

u$

F

F'F

_'1o trLh

id 'rldFe

,

t.'

;::

.l

&idlFjPo6bo!fuF|&q(!r$oN

E(R)=q+0R--

:p,

o-.+

)

-.

oi. - .'t _rnl, }rd !J d bdk _F+. jjd La j

r'

"tr

r'

rvo

iEo

r.ritu

i Bu$.ftrlihs

riEmJi (

Nh

! j!'( rtdei Di

l!!iar0r D4!dr.:dl

6r _Plnd o-r

+re ,ta! i,l

bgriJlBal,d!dkrfujdJ]]

r i!i!

d &i, d& irr'n

Dr&ni,

_E lrl

.$o6odlghnuiErBjF./irrd!

i,

o d! _ddr r.r, o!d|

i!

rlrd kMiir

q!ii,*u

rarh iEB

lblr4iel B./

.,'o''D..

Nei nd! e. dh olbsoEhs * h d t

,

blrsiJ&tshP,JJjl!oi!ii

lnrr rkr\*r

d,rd d1 (.r 14 tuo

c: :

oq$);(!,ur.

+ Dntr=

i,,1

6,:

=

ot(r

!1$L) + 0,00i =

i,i6:

Dar$iodrd!4,fuhao!!tst@b!

:/i :

lr,8rs1.1r,rd9 + i,id0

: !!d!