ANALISIS PENGUKURAN KINERJA REKSA DANA SAHAM SEBAGAI SUATU EVALUASI PORTOFOLIO INVESTOR DI PASAR MODAL DENGAN METODE PENGUKURAN SHARPE, TREYNOR, DAN JENSEN

  • Ayu Laksita Widaresti Universitas Sarjanawiyata Tamansiswa

Abstract

The purpose of this study was to determine the performance of stock mutual funds analyzed using the Sharpe, Treynor, and Jensen methods. In addition, this study has the aim of knowing which mutual funds have outperform performance and underperform the benchmark. The research period used was 2013-2017.


This research belongs to the type of descriptive quantitative research. The population is all stock mutual funds listed on the Indonesia Stock Exchange and published by the Financial Services Authority in the period 2013 - 2017. The sample was determined by purposive sampling technique with the criteria of stock mutual funds. The sample was an active mutual fund during the study period, so that it was obtained 81 equity funds.


The results of the study based on the Sharpe method show that the average performance in 2013 found 41 equity funds performing outperforms against the benchmark and 40 underperforms In 2014 there were 47 outperforms and 34 underperforms. In 2015 there were 36 outperforms and 45 underperforms. In 2016 there were 31 performance outperforms and 57 underperforms. In 2017 there were 24 outperforms and 57 underperforms. Based on the Treynor method in 2013, there were 38 outperform and 43 underperform stock mutual funds. In 2014, 61 performed outperform and 20 underperform. In 2015, there were 38 outperforms and 43 underperforms. In 2016 there were 15 outperforms and 66 underperforms. In 2017 there were 19 performance outperforms and 62 underperforms. Based on Jensen's method in 2013 there were 48 performance of outperform stock mutual funds and 33 underperform. In 2014 there were 35 outperform performance and 46 underperform. In 2015 there were 62 outperforms and 19 underperforms. In 2016 there were 22 outperforms and 59 underperforms. In 2017 there were 14 outperforms and 67 underperforms.

Published
2019-02-18
How to Cite
WIDARESTI, Ayu Laksita. ANALISIS PENGUKURAN KINERJA REKSA DANA SAHAM SEBAGAI SUATU EVALUASI PORTOFOLIO INVESTOR DI PASAR MODAL DENGAN METODE PENGUKURAN SHARPE, TREYNOR, DAN JENSEN. JURNAL EKOBIS DEWANTARA, [S.l.], v. 1, n. 12, p. 107-115, feb. 2019. ISSN 2656-4149. Available at: <http://jurnalfe.ustjogja.ac.id/index.php/ekobis/article/view/746>. Date accessed: 25 aug. 2019.