%A NIM.: 16610006 Lia Febriastuti
%O Pembimbing: Dr. Epha Diana Supandi M. Sc dan Sri Utami Zuliana, S.Si., M.Sc., Ph.D
%T ANALISIS CAPITAL ASSET PRICING MODEL (CAPM) SEBAGAI DASAR PENGAMBILAN KEPUTUSAN INVESTASI PADA SAHAM SYARIAH (STUDI PADA SAHAM YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX PERIODE 2017-2020)
%X This study aims to determine the expected rate of return using the CAPM method and classify the level of efficiency of shares in making investment decisions on Jakarta Islamic Index (JII) stocks. The research data uses adjusted monthly closing prices, monthly market closing prices and the BI7DRR interest rate during the period January 2017 – December 2020. This study uses a data analysis method using the Capital Asset Pricing Model (CAPM). The results of the study show that there are 9 company shares that are classified as efficient shares, namely ANTM, BRPT, CPIN, ERAA, INCO, MDKA, PTBA, TPIA and UNTR. Currently there are 21 company shares that are classified as inefficient shares, namely ADRO, AKRA, ASII, BSDE, CTRA, EXCL, ICBP, INDF, INTP, ITMG, JPFA, JSMR, KLBF, LPPF, MNCM, PGAS, PTPP, SCMA, TLKM, UNVR and WIKA. The decision taken on efficient stocks is to buy, while the decision on inefficient stocks is not to buy/sell. Investors are advised to choose efficient stocks, which have an average stock return greater than the expected average stock return.
%K Jakarta Islamic Index, CAPM, Pasar Modal Syariah, Keputusan Investasi
%D 2023
%I UIN SUNAN KALIJAGA YOGYAKARTA
%L digilib61027