Di akhir tahun 2017, pasar saham global diwarnai oleh kegembiraan dimana ketiga indeks AS S&P500, Dow Jones dan Nasdaq ditutup menguat masing – masing +19,42%, +25,08% dan +28,24% sepanjang tahun 2017. Dari Eropa, Eurostoxx indeks ditutup menguat +6,49% full year (FY) 2017, indeks Jerman DAX +12,51% dan indeks Inggris FTSE100 ditutup menguat +7,63% pada periode yang sama. Dari Asia pun juga memiliki cerita yang sama, dimana Shanghai Composite meningkat +6,56%, dan indeks China Hang Seng meningkat secara signifikan di tahun 2017, naik +35,99%. Indeks Jepang NIKKEI pun mengikuti pergerakan pasar saham global, meningkat +19,10% di tahun 2017. Dari sisi makro, perekonomian AS mulai terlihat perbaikannya – hal ini terefleksi pada data PDB atau GDP yang berada di level 2,3% secara YoY, lebih tinggi dibandingkan kuartal sebelumnya yang hanya di level 2,2% YoY. Inflasi di bulan November pun sudah berada di level 2,2%, sehingga Bank Sentral AS, the Federal Reserve meningkatkan suku bung...
Objectives & Aim of the Research The objective of this research is to understand the risk and the reward between various weighting of JCI and BINDO in a portfolio. To understand the bond market movement and compare it to the stock market movement and to test whether the theory of high risk, high gain is applicable in the Indonesian market. The goal of this small research is to be able to find an optimal portfolio return in the last five years and to see whether the different market behaviour on bond and stock market. By understanding the risk and return of the two most basic financial instruments, analyst will be able to find the correlation and will be able to create an optimal portfolio between the two instruments. The aim of the final product is for investors to understand the risk and reward between the two instruments (stocks and bonds), and compare the risk and reward between the two – whether it is rational for investors to put X% of their portfolio in the stock ma...