THE VIABILITY OF “DOGS OF THE DOW” STRATEGY FOR STOCK PORTOFOLIO MANAGEMENT IN QATAR STOCK EXCHANGE (PERIOD 2011-2022)

• Main Author: Bhramono Yudhiarto, Wing
• Format: Theses
• Language: Indonesia
• Subjects: Manajemen umum
• Online Access: https://digilib.itb.ac.id/gdl/view/76962
• Institution: Institut Teknologi Bandung

This research investigates the applicability of the Dogs of the Dow (DOD) investment strategy in the Qatar Stock Exchange (QSE) from 2011 to 2022. The Dogs of the Dow strategy, which is based on dividend yield investing strategy, initially was deployed in the U.S. market. It entails investing in high-dividendyielding stocks among the top 30 companies listed on the Dow Jones Industrial Average (DJIA). The study's objective is to evaluate whether this strategy capable to beat returns from Qatar Stock Exchange (QE) market index. Variation on DOD strategy also being assessed such as: DOD, Small DOD, DOD-X and Small DOD-X. As additional insight, since the author come from Indonesia and works in Qatar, the DOD assessment will be also compared with IHSG (Indonesian Stock Market Index). The result indicate that all variation Dogs of the Dow strategies able to overcome QSE Index return and IHSG return during 2011-2022 periode. Based on Sharpe Ratio, best performance was observed for DOD method, while highest annual return achieved by SDOD method, however risk volatility is double than DOD method. Hopefully the study adds to the existing literature on the Dogs of the Dow strategy's applicability in emerging markets, specifically in the Middle East, and provides valuable insights for both new and experienced investors for investing in Qatar stock markets.