ANALISIS PENGARUH RETURN HARGA KOMODITI DUNIA TERHADAP RETURN INDEKS HARGA SAHAM GABUNGAN DI INDONESIA PERIODE 2000 - 2010

Penulis

  • Reinandus Aditya Gunawan Universitas Katolik Indonesia Atma Jaya

DOI:

https://doi.org/10.25170/jm.v10i2.836

Kata Kunci:

commodity, IHSG, return

Abstrak

In Indonesia the trend to invest in gold, silver, platinum and palladium is getting higher in the past 10 years. This study wants to find the relationship between the return of the commodity price with IHSG return as an indicator of Indonesian stocks. This relationship is sought to create a better alternative for investors. When the price of a commodity is up or down, will IHSG go up or down as well so investors can immediately shift their funds to commodity instruments or still hold shares listed in IHSG to avoid the risk of declining value of its investment. Results from this study indicate that global commodity return has a positive correlation with IHSG return. World commodity return also has an influence on IHSG return.

Referensi

Athnassakos, George.”Value versus Growth Stock Returns and The Value Premium: The Canadian Experience 1985 – 2005.” Canadian Journal of Administrative Science, Vol.26 No.2, 109-121 2009.

Bodie,Zvi; Kane, Alexdan Marcus, Alan J.. (2013).Essentials of Investments.9th Global Edition. New York: McGraw-Hill.

Brigham, Eugene F. dan Enrhardt.. (2005).Financial Management. 11th Edition.South-Western : Thomson.

Dania, Akash.. (2011). ” Diversification Benefits from Investing in Commodity Sector : The Case of Precious Metal, Industrial Metals & Agricultural Produce.”International Journal of Business and Social Science, Vol.2 No.23 2011.

Ferlianto, Lie Ricky; Gondomulio, Evy I.; dan Laloan, Tina Rosjana. (2006).Komoditi Investasi Paling Prospektif.Jakarta: PTElex Media Komputindo.

Hillier, David; Draper, Paul; dan Faff, Robert.. (2006).“Do Precious Metals Shine? An Investment Perspective”, Financial Analyst Journal, Vol.62 No.2, April 2006.

Mladjenovis, Paul.(2008).Precious Metals Investing for Dummies.Wiley Publishing: Indiana.

Santoso, Singgih.(2011).Mastering SPSS versi 19.Jakarta: Elex Media Komputindo.

Diterbitkan

2013-05-01
Abstract views: 113 | PDF downloads: 105