Kinerja Pasar dan Informasi Akuntansi sebagai Pembentuk Portfolio Saham

Market Performance and Accounting Information as the Reference of Stocks Portfolio Formation in Indonesia Stock Exchange

Rowland Bismark Fernando Pasaribu

MPRA Paper from University Library of Munich, Germany

Abstract: This study aimed to a stock portfolio formed with composite of companies market (PER, PBV, ROE, EPS, PSR, and B/M, VaR) and accounting performance (ROE, and EPS) also their market capitalization in Indonesia Stock Exchange period 2003-2006. Some clarification need to achieved, such as: real difference among variabel refer to their market capitalization and influence of predictor to stock return. Hereinafter, the performance of selected portfolio were evaluated. The evaluation result conclude that stock portfolio formed refer to their market capitalization and composite of market and accounting performance do not at moment's notice guarantee will yield an consensus of subject about reliable accepted risk versus expected return.

Keywords: portfolio performance; value at risk; sharpe ratio; treynor-index; jensen alpha (search for similar items in EconPapers)
JEL-codes: G12 G3 L1 O16 (search for similar items in EconPapers)
Date: 2009-11
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Jurnal Ekonomi dan Bisnis 3.3(2009): pp. 203-223

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/36982/1/MPRA_paper_36982.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:36982

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().