Date BBRI Return BMRI Return

5/4/2020 2630 4290

5/5/2020 2630 0 4220 -0.016317
5/6/2020 2620 -0.003802 4160 -0.014218
5/8/2020 2590 -0.01145 4200 0.009615
5/11/2020 2620 0.011583 4230 0.007143
5/12/2020 2490 -0.049618 4010 -0.052009
5/13/2020 2470 -0.008032 4010 0
5/14/2020 2350 -0.048583 3950 -0.014963
5/29/2020 2950 0.255319 4470 0.131646
6/2/2020 3180 0.077966 4620 0.033557
6/3/2020 3100 -0.025157 4860 0.051948
6/4/2020 3060 -0.012903 4730 -0.026749
6/5/2020 3110 0.01634 4850 0.02537
6/8/2020 3300 0.061093 5250 0.082474
6/9/2020 3210 -0.027273 5275 0.004762
6/10/2020 3030 -0.056075 4910 -0.069194
6/11/2020 2970 -0.019802 4690 -0.044807
6/12/2020 3030 0.020202 4890 0.042644
6/15/2020 2900 -0.042904 4720 -0.034765
6/16/2020 3130 0.07931 5025 0.064619
6/17/2020 3100 -0.009585 4900 -0.024876
6/18/2020 3050 -0.016129 4820 -0.016327
6/19/2020 3100 0.016393 4880 0.012448
6/22/2020 3060 -0.012903 4810 -0.014344
6/23/2020 3010 -0.01634 4790 -0.004158
6/24/2020 3120 0.036545 5150 0.075157
6/25/2020 3060 -0.019231 5025 -0.024272
6/26/2020 3030 -0.009804 5000 -0.004975
6/29/2020 3040 0.0033 4940 -0.012
6/30/2020 3030 -0.003289 4950 0.002024

Ekspected Return 0.006385 0.005843

W 50% 50%
Expected Retun Portofolio 0.006114

Standar deviasi 0.05746 0.042976

Corelasi 0.827536

Risiko Portofolio 2 0.002309

0.048051
Langkah Langkah Menghitung Return dan Risiko
Portofolio

Hitung Return Masing-Masing Saham dengan

1
menggunakan Harga Penutupan.

Hitung Expected Return Masing Masing Saham dengan

mencari rata rata return

atau dengan rumus excel =average(return saham)

2
Hitung Risiko/Standar Deviasi Masing Masing Saham

atau dengan rumus excel =STDEV.P( Return saham)

3

4
Tentukan Bobot (alokasi) untuk masing masing saham

Hitung Expected Return Portofolio

Hitung Koefisien Korelasi antara saham A dan Saham B

dengan menggunakan rumus excel =correl( return
A,return B) 6
Hitung Risiko Porto Folio
Hitung Risiko Porto Folio
7
7
BBRI Return BMRI Return HARUM Return RETURN
2630 4290 1235 BBRI BMRI HARUM BBRI
2630 0 4220 -0.016317 1235 0 0 -0.016317 0 BMRI
2620 -0.003802 4160 -0.014218 1235 0 -0.003802 -0.014218 0 HARUM
2590 -0.01145 4200 0.009615 1215 -0.016194 -0.01145 0.0096154 -0.01619433
2620 0.011583 4230 0.007143 1240 0.020576 0.011583 0.0071429 0.020576132
2490 -0.049618 4010 -0.052009 1300 0.048387 -0.049618 -0.052009 0.048387097
2470 -0.008032 4010 0 1315 0.011538 -0.008032 0 0.011538462
2350 -0.048583 3950 -0.014963 1300 -0.011407 -0.048583 -0.014963 -0.01140684
2950 0.255319 4470 0.131646 1300 0 0.255319 0.1316456 0
3180 0.077966 4620 0.033557 1295 -0.003846 0.077966 0.033557 -0.00384615
3100 -0.025157 4860 0.051948 1255 -0.030888 -0.025157 0.0519481 -0.03088803
3060 -0.012903 4730 -0.026749 1255 0 -0.012903 -0.026749 0
3110 0.01634 4850 0.02537 1210 -0.035857 0.01634 0.02537 -0.03585657
3300 0.061093 5250 0.082474 1185 -0.020661 0.061093 0.0824742 -0.02066116
3210 -0.027273 5275 0.004762 1220 0.029536 -0.027273 0.0047619 0.029535865
3030 -0.056075 4910 -0.069194 1205 -0.012295 -0.056075 -0.069194 -0.01229508
2970 -0.019802 4690 -0.044807 1200 -0.004149 -0.019802 -0.044807 -0.00414938
3030 0.020202 4890 0.042644 1200 0 0.020202 0.0426439 0
2900 -0.042904 4720 -0.034765 1195 -0.004167 -0.042904 -0.034765 -0.00416667
3130 0.07931 5025 0.064619 1185 -0.008368 0.07931 0.0646186 -0.0083682
3100 -0.009585 4900 -0.024876 1200 0.012658 -0.009585 -0.024876 0.012658228
3050 -0.016129 4820 -0.016327 1200 0 -0.016129 -0.016327 0
3100 0.016393 4880 0.012448 1195 -0.004167 0.016393 0.0124481 -0.00416667
3060 -0.012903 4810 -0.014344 1190 -0.004184 -0.012903 -0.014344 -0.0041841
3010 -0.01634 4790 -0.004158 1190 0 -0.01634 -0.004158 0
3120 0.036545 5150 0.075157 1200 0.008403 0.036545 0.0751566 0.008403361
3060 -0.019231 5025 -0.024272 1190 -0.008333 -0.019231 -0.024272 -0.00833333
3030 -0.009804 5000 -0.004975 1185 -0.004202 -0.009804 -0.004975 -0.00420168
3040 0.0033 4940 -0.012 1180 -0.004219 0.0033 -0.012 -0.00421941
3030 -0.003289 4950 0.002024 1185 0.004237 -0.003289 0.0020243 0.004237288
Exp. Return (Mean) Weight (W) BBRI BMRI HARUM
0.0063852096555656 30% BBRI 0.003302 0.002044 -0.000097 Return Portofolio 0.00315
0.0058425343955188 30% BMRI 0.002044 0.001847 -0.000176 Risiko Portofolio 0.000807
-0.001296592299477 40% HARUM -0.000097 -0.000176 0.000257
Date BBRI Return BMRI Return
5/4/2020 2630 4290 Bobot
Return
5/5/2020 2630 0 4220 -0.016317 Saham A Saham B Portofolio

5/6/2020 2620 -0.003802 4160 -0.014218 100% 0% 0.006

5/8/2020 2590 -0.01145 4200 0.009615 90.0% 10.0% 0.006
5/11/2020 2620 0.011583 4230 0.007143 80.0% 20.0% 0.006
5/12/2020 2490 -0.049618 4010 -0.052009 70.0% 30.0% 0.006
5/13/2020 2470 -0.008032 4010 0 60.0% 40.0% 0.006
5/14/2020 2350 -0.048583 3950 -0.014963 50.0% 50.0% 0.006
5/29/2020 2950 0.255319 4470 0.131646 40.0% 60.0% 0.006
6/2/2020 3180 0.077966 4620 0.033557 30.0% 70.0% 0.006
6/3/2020 3100 -0.025157 4860 0.051948 20.0% 80.0% 0.006
6/4/2020 3060 -0.012903 4730 -0.026749 10.0% 90.0% 0.006
6/5/2020 3110 0.01634 4850 0.02537 0.0% 100.0% 0.006
6/8/2020 3300 0.061093 5250 0.082474
6/9/2020 3210 -0.027273 5275 0.004762
6/10/2020 3030 -0.056075 4910 -0.069194
6/11/2020 2970 -0.019802 4690 -0.044807
6/12/2020 3030 0.020202 4890 0.042644
6/15/2020 2900 -0.042904 4720 -0.034765
6/16/2020 3130 0.07931 5025 0.064619
6/17/2020 3100 -0.009585 4900 -0.024876
6/18/2020 3050 -0.016129 4820 -0.016327
6/19/2020 3100 0.016393 4880 0.012448
6/22/2020 3060 -0.012903 4810 -0.014344
6/23/2020 3010 -0.01634 4790 -0.004158
6/24/2020 3120 0.036545 5150 0.075157
6/25/2020 3060 -0.019231 5025 -0.024272
6/26/2020 3030 -0.009804 5000 -0.004975
6/29/2020 3040 0.0033 4940 -0.012
6/30/2020 3030 -0.003289 4950 0.002024
 Ekspected
Return 0.006385 0.005843
W 50% 50%
Expected Retun Portofolio 0.006114

Standar
deviasi 0.05746 0.042976
Corelasi 0.827536
Risiko
Portofolio 2 0.002309
saham
0.048051
 0.007

Variance Standar
Devaiasi
Portofolio
Portofolio

0.003 0.058
0.003 0.052
0.002 0.047
0.002 0.042
0.001 0.039
0.006
0.001 0.036
0.001 0.035
0.001 0.035
0.001 0.036
0.002 0.039
0.002 0.043

0.006
0.030 0.035 0.040 0.045 0.050 0.055 0.060

Efficient Frontier