?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=PERBANDINGAN+KINERJA+REKSA+DANA+SAHAM+DAN+IHSG%2C+DENGAN+MENGGUNAKAN+METODE+SHARPE+RATIO+(REWARD+TO+VARIABILITY)+DAN+METODE+TREYNOR+MODIFIKASIAN+(REWARD+TO+DIVERSIFICATION)+&rft.creator=Ratu+Chaterine+Fajri%2C+1116051065&rft.subject=+&rft.description=ABSTRAK%0D%0APERBANDINGAN+KINERJA+REKSA+DANA+SAHAM+DAN+IHSG%2C+%0D%0ADENGAN+MENGGUNAKAN+METODE+SHARPE+RATIO+%0D%0A(REWARD+TO+VARIABILITY)++DAN+METODE+%0D%0ATREYNOR+MODIFIKASIAN+(REWARD+TO+DIVERSIFICATION)%0D%0A%0D%0AOleh%3A%0D%0ARatu+Chaterine+Fajri%0D%0A%0D%0APenelitian+ini+bertujuan+untuk+mengetahui+kinerja+reksa+dana+saham+yang+memiliki+nilai+lebih+tinggi+dari+kinerja+IHSG+(outperform)%2C+melalui+dua+metode+sharpe+ratio+(reward+to+variability)+dan+treynor+modifikasian+(reward+to+diversification).+Sampel+dalam+penelitian+ini+adalah+empat+puluh+sembilan+reksa+dana+saham+yang+beroperasi+selama+periode+2011-2013%2C+serta+tercatat+di+Bapepam+yang+ditentukan+melalui+metode+purposive+sampling.+Teknik+analisis+data+yang+digunakan+adalah+dengan+mengukur+kinerja+dimana+risiko+dihitung+dengan+menggunakan+metode+sharpe+ratio+(reward+to+variability)+dan+treynor+modifikasian+(reward+to+diversification).%0D%0A%0D%0AHasil+penelitian+menunjukkan+bahwa+89%2C80+persen+reksa+dana+saham+di+Indonesia+memiliki+kinerja+outperform%2C+jika+diukur+menggunakan+metode+sharpe+ratio+(reward+to+variability).+Sedangkan%2C+jika+diukur+menggunakan+metode+treynor+modifikasian+(reward+to+diversification)+diperoleh+26%2C53+persen+reksa+dana+saham+di+Indonesia+memiliki+kinerja+outperform.+Perbedaan+hasil+tersebut+disebabkan+oleh+tinggi+atau+rendahnya+nilai+yang+tidak+dapat+didiversifikasi+oleh+portofolio.+Maka%2C+semakin+tinggi+nilai+risiko+yang+tidak+dapat+didiversifikasi+oleh+portofolio%2C+semakin+buruk+kinerja+portofolionya.+Oleh+karena+itu%2C+pengukuran+treynor+modifikasian+(reward+to+diversification)+lebih+efisien+digunakan%2C+karena+risiko+yang+terdapat+pada+reksa+dana+mampu+didiversifikasi.++%0D%0A%0D%0AKata+Kunci+%3A%09Reksa+Dana+Outperform%2C+Metode+Sharpe+Ratio+(Reward+to+Variability)%2C+Metode+Treynor+Modifikasian+(Reward+to+Diversification)%0D%0A%0D%0A%0D%0AABSTRACT%0D%0APERFORMANCE+COMPARISON+OF+STOCK+MUTUAL+FUNDS+%0D%0AAND+IHSG%2C+BY+USING+SHARPE+RATIO+METHOD+%0D%0A(REWARD+TO+VARIABILITY)+AND+TREYNOR+%0D%0AMODIFICATION+METHOD+(REWARD+TO+DIVERSIFICATION)%0D%0A%0D%0ABy%3A%0D%0ARatu+Chaterine+Fajri%0D%0A%0D%0AThis+study+aims+to+investigate+performance+of+stock+modal+mutual+funds+whose+ratio+value+higher+than+IHSG+performance+(outperform)+through+two+methods%2C+sharpe+ratio+(reward+to+variability)+and+treynor+modification+(reward+to+diversification).+The+sample+in+this+study+are+forty+nine+stock+mutual+funds+which+operate+during+2010+until+2013+period%2C+as+well+as+recorded+in+Bapepam+which+is+decided+by+purposive+sampling.+Analysis+technique+in+this+research+is+using+measure+performance+which+the+risk+is+calculated+by+using+sharpe+ratio+(reward+to+variability)+and+treynor+modification+(reward+to+diversification).%0D%0A%0D%0AThe+results+showed+89%2C80+percent+mutual+funds+in+Indonesia+have+outperformed+performance%2C+when+it+is+measured+using+sharpe+ratio+method+(reward+to+variability).+Whereas%2C+when+it+is+measured+using+the+method+of+treynor+modification+(reward+to+diversification)+obtained+26%2C53+percent+mutual+funds+outperformed+performance+in+Indonesia.+The+difference+in+results+is+caused+by+high+or+low+value+that+can+not+be+diversified+by+portfolio.+Thus%2C+the+higher+value+of+risk+that+can+not+be+diversified+portfolio%2C+the+worse+performance+of+the+portfolio.+Therefore%2C+more+efficient+modification+treynor+measure+used%2C+because+the+risks+inherent+in+mutual+funds+was+able+diversified.+%0D%0A%0D%0AKeywords+%3A+%09Outperform+Mutual+Fund%2C+Sharpe+Ratio+Method+(Reward+to+Variability)%2C+Treynor+Modification+Method+(Reward+to+Diversification)%0D%0A%0D%0A%0D%0A&rft.publisher=Fakultas+Ilmu+Sosial+dan+Ilmu+Politik&rft.date=2014-12-29&rft.type=Skripsi&rft.type=NonPeerReviewed&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F1%2FABSTRACT.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F2%2FABSTRAK.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F3%2FCOVER%2520DALAM.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F4%2FMENGESAHKAN.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F5%2FMENYETUJUI.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F6%2FSURAT%2520PERNYATAAN.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F7%2FBAB%2520I.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F9%2FBAB%2520II.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F8%2FBAB%2520III.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F10%2FBAB%2520IV.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F57%2FBAB%2520V.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F58%2FDAFTAR%2520PUSTAKA.pdf&rft.identifier=++Ratu+Chaterine+Fajri%2C+1116051065++(2014)+PERBANDINGAN+KINERJA+REKSA+DANA+SAHAM+DAN+IHSG%2C+DENGAN+MENGGUNAKAN+METODE+SHARPE+RATIO+(REWARD+TO+VARIABILITY)+DAN+METODE+TREYNOR+MODIFIKASIAN+(REWARD+TO+DIVERSIFICATION).++Fakultas+Ilmu+Sosial+dan+Ilmu+Politik%2C+Universitas+Lampung.+++++&rft.relation=http%3A%2F%2Fdigilib.unila.ac.id%2F6457%2F