ANALISA RISIKO DAN KEUNTUNGAN INVESTASI SAHAM BATU BARA DI BURSA EFEK INDONESIA (TAHUN 2010-2014)
ABSTRACT: This research was
motivated by the increasing value of the production and consumption of coal
from year to year, but is not offset by an increase in new investment in this
sector. Each selection of investment decisions certainly linked to the degree
of risk and benefit ratio, in order to know how much future investment results
that will be obtained with the level of risk to a minimum. The purpose of this
study was to measure the level of risk and benefit ratio of shares in a coal
mining company listed on the Stock Exchange during the study period 2010-2014.
Calculation of the level of risk in this study was measured by VaR (Value at
Risk) and the profit rate is measured with RAROC (Risk Adjusted Return on
Capital). The results of this study indicate that the coal mining stocks are a
potential value loss (high risk low return). The highest VaR value during the
study period experienced by PKPK of 0.64300 or 64.30% in 2010. The market value
of the highest RAROC during the observation period by ITMG in 2010 amounted to
0.4304 or 43%.
KEYWORDS: Risk, Gain, VaR
(Value at Risk), RAROC (Risk Adjusted Return on Capital), Shares, Indonesia
Stock Exchange
Penulis: Siti Nur Zahroh
Kode Jurnal: jpmanajemendd151558
