THE EVALUATION OF STOCK PICKING METHOD AND COMPOSITION PORTFOLIO: CASE STUDY PANIN SECURITIES TBK.

• Main Author: KURNIAWAN (NIM : 29107333); Pembimbing Akademik: Ir. Evo S Hariandja, MM., ADRIANUS
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/14674
• Institution: Institut Teknologi Bandung

Panin Securities is trying to give the solution and recommendation based on deep knowledge about investment requirement from its client. The Panin Securities analyst creates the portfolio which the stock picking method based on strong balance sheet and the portfolio <br /> <br /> <br /> method based on beta. There is a proposal from other analyst that Panin Securities should compare the method which is usually used with Growth method for the stock picking and CAPM for the portfolio method, in order to know which method provide higher return. To respond the proposal from other analyst, the author trying to make the portfolio based on growth as stock picking method and CAPM as portfolio method. After that, the author is <br /> <br /> <br /> trying to make some combination of strong balance sheet as stock picks with CAPM as portfolio method and Growth as stock picks with Beta as portfolio method. The first step is trying to pick the stock based on growth method. After that, the author creates the portfolio based on CAPM. The next step is making the combination portfolios, which is strong balance sheet with CAPM and Growth with Beta. The next step is doing the simulation to know which method provide the biggest return. The outcome from this research is the stock picking method using strong balance sheet and Beta method as portfolio provides the biggest return than other method. Although <br /> <br /> <br /> this combination method provide best return for now, in the future Panin Securities can’t just use this combination method, because the investment method which give the biggest return for now is not sure suitable with the future condition.