Capital Gain = Selisih saham skrg dengan sebelumnya

BBCA = BCA
BDMN.JK = Bank Danamon
BBCA.JK BDMN.JK
Date Close Return Date Close Return Expected Return
1/1/2018 22725 1/1/2018 7150 BBCA.JK 0.02
2/1/2018 23175 0.0 2/1/2018 6600 -0.1 BDMN.JK -0.02
3/1/2018 23300 0.0 3/1/2018 6875 0.0
4/1/2018 22100 -0.1 4/1/2018 6650 0.0
5/1/2018 22700 0.0 5/1/2018 5825 -0.1
6/1/2018 21475 -0.1 6/1/2018 6375 0.1
7/1/2018 23275 0.1 7/1/2018 6575 0.0
8/1/2018 24800 0.1 8/1/2018 6800 0.0
9/1/2018 24150 0.0 9/1/2018 7200 0.1
10/1/2018 23650 0.0 10/1/2018 7425 0.0
11/1/2018 26050 0.1 11/1/2018 7425 0.0
12/1/2018 26000 0.0 12/1/2018 7600 0.0
1/1/2019 28175 0.1 1/1/2019 9100 0.2
2/1/2019 27575 0.0 2/1/2019 8525 -0.1
3/1/2019 27750 0.0 3/1/2019 9300 0.1
4/1/2019 28750 0.0 4/1/2019 8850 0.0
5/1/2019 29100 0.0 5/1/2019 4630 -0.5
6/1/2019 29975 0.0 6/1/2019 4800 0.0
7/1/2019 30950 0.0 7/1/2019 5075 0.1
8/1/2019 30500 0.0 8/1/2019 4810 -0.1
9/1/2019 30350 0.0 9/1/2019 4750 0.0
10/1/2019 31450 0.0 10/1/2019 4200 -0.1
11/1/2019 31400 0.0 11/1/2019 3680 -0.1
12/1/2019 33425 0.1 12/1/2019 3950 0.1 C
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BBCA.JK BDMN.JK E(R) Varians DEVIASI
0% 100% 1.0 0.016 0.13
1% 99% 1.0 0.016 0.13
2% 98% 1.0 0.016 0.13
3% 97% 1.0 0.016 0.13
4% 96% 0.9 0.016 0.13
5% 95% 0.9 0.016 0.13
6% 94% 0.9 0.017 0.13
7% 93% 0.9 0.017 0.13
8% 92% 0.9 0.017 0.13
9% 91% 0.9 0.017 0.13
10% 90% 0.9 0.017 0.13
11% 89% 0.9 0.017 0.13
12% 88% 0.9 0.017 0.13
13% 87% 0.9 0.017 0.13
14% 86% 0.8 0.017 0.13
Portofolio Frontier
15% 85% 0.8 0.017 0.13
1.2
16% 84% 0.8 0.017 0.13
17% 83% 0.8 0.017 0.13 1.0
18% 82% 0.8 0.017 0.13
Expected Return

0.8
19% 81% 0.8 0.017 0.13
20% 80% 0.8 0.017 0.13 0.6
21% 79% 0.8 0.017 0.13
0.4
22% 78% 0.8 0.017 0.13
23% 77% 0.8 0.016 0.13 0.2
24% 76% 0.7 0.016 0.13
-
25% 75% 0.7 0.016 0.13 0.02 0.04 0.06 0.08
26% 74% 0.7 0.016 0.13 Deviasi
27% 73% 0.7 0.016 0.13
28% 72% 0.7 0.016 0.13
29% 71% 0.7 0.016 0.13
30% 70% 0.7 0.016 0.13
31% 69% 0.7 0.016 0.13
32% 68% 0.7 0.016 0.13
33% 67% 0.7 0.016 0.13
34% 66% 0.7 0.016 0.13
35% 65% 0.6 0.016 0.13
36% 64% 0.6 0.016 0.13
37% 63% 0.6 0.016 0.12
38% 62% 0.6 0.015 0.12
39% 61% 0.6 0.015 0.12
40% 60% 0.6 0.015 0.12
41% 59% 0.6 0.015 0.12
42% 58% 0.6 0.015 0.12
43% 57% 0.6 0.015 0.12
44% 56% 0.6 0.015 0.12
45% 55% 0.5 0.015 0.12
46% 54% 0.5 0.015 0.12
47% 53% 0.5 0.014 0.12
48% 52% 0.5 0.014 0.12
49% 51% 0.5 0.014 0.12
50% 50% 0.5 0.014 0.12
51% 49% 0.5 0.014 0.12
52% 48% 0.5 0.014 0.12
53% 47% 0.5 0.014 0.12
54% 46% 0.5 0.013 0.12
55% 45% 0.4 0.013 0.12
56% 44% 0.4 0.013 0.11
57% 43% 0.4 0.013 0.11
58% 42% 0.4 0.013 0.11
59% 41% 0.4 0.013 0.11
60% 40% 0.4 0.012 0.11
61% 39% 0.4 0.012 0.11
62% 38% 0.4 0.012 0.11
63% 37% 0.4 0.012 0.11
64% 36% 0.4 0.012 0.11
65% 35% 0.3 0.011 0.11
66% 34% 0.3 0.011 0.11
67% 33% 0.3 0.011 0.10
68% 32% 0.3 0.011 0.10
69% 31% 0.3 0.011 0.10
70% 30% 0.3 0.010 0.10
71% 29% 0.3 0.010 0.10
72% 28% 0.3 0.010 0.10
73% 27% 0.3 0.010 0.10
74% 26% 0.3 0.009 0.10
75% 25% 0.2 0.009 0.10
76% 24% 0.2 0.009 0.09
77% 23% 0.2 0.009 0.09
78% 22% 0.2 0.008 0.09
79% 21% 0.2 0.008 0.09
80% 20% 0.2 0.008 0.09
81% 19% 0.2 0.008 0.09
82% 18% 0.2 0.007 0.09
83% 17% 0.2 0.007 0.08
84% 16% 0.2 0.007 0.08
85% 15% 0.1 0.007 0.08
86% 14% 0.1 0.006 0.08
87% 13% 0.1 0.006 0.08
88% 12% 0.1 0.006 0.08
89% 11% 0.1 0.005 0.07
90% 10% 0.1 0.005 0.07
 91% 9% 0.1 0.005 0.07
92% 8% 0.1 0.004 0.07
93% 7% 0.1 0.004 0.06
94% 6% 0.1 0.004 0.06
95% 5% 0.1 0.003 0.06
96% 4% 0.0 0.003 0.06
97% 3% 0.0 0.003 0.05
98% 2% 0.0 0.002 0.05
99% 1% 0.0 0.002 0.05
100% 0% 0.0 0.002 0.04
Item Symbol
Expected return on BBCA.JK E(RBBCA.JK)
Expected return on BDMN.JK E(RBDMN.JK)
Variance of BBCA.JK σ²BBCA.JK
Variance of BDMN.JK σ²BDMN.JK
Standard deviation of BBCA.JK σBBCA.JK
Standard deviation of BDMN.JK σBDMN.JK
Covariance between BBCA.JK and BDMN.JK
Correlation between BBCA.JK and BDMN.JK ρBBCA.JK,BDMN.JK

Portofolio Frontier
1.2

1.0
Expected Return

0.8

0.6

0.4

0.2

-
0.02 0.04 0.06 0.08 0.10 0.12 0.14
Deviasi
Value
0.018
-0.015
0.002
0.016
0.042
0.127
0.000739625
0.13815460028
 Capital Gain = Selisih saham skrg dengan sebelumnya
BBCA = BCA
BDMN.JK = Bank Danamon
BBCA.JK BDMN.JK
Date Close Return Date Close Return Expected Return
1/1/2018 22725 1/1/2018 1,250.00 BBCA.JK 0.02
2/1/2018 23175 0.0 2/1/2018 1,250.00 0.0 BDMN.JK 0.06
3/1/2018 23300 0.0 3/1/2018 1,300.00 0.0
4/1/2018 22100 -0.1 4/1/2018 1,310.00 0.0
5/1/2018 22700 0.0 5/1/2018 1,545.00 0.2
6/1/2018 21475 -0.1 6/1/2018 1,560.00 0.0
7/1/2018 23275 0.1 7/1/2018 1,570.00 0.0
8/1/2018 24800 0.1 8/1/2018 2,000.00 0.3
9/1/2018 24150 0.0 9/1/2018 0.7
3,300.00
10/1/2018 23650 0.0 10/1/2018 3,400.00 0.0
11/1/2018 26050 0.1 11/1/2018 4,000.00 0.2
12/1/2018 26000 0.0 12/1/2018 4,300.00 0.1
1/1/2019 28175 0.1 1/1/2019 5,100.00 0.2
2/1/2019 27575 0.0 2/1/2019 4,700.00 -0.1
3/1/2019 27750 0.0 3/1/2019 3,360.00 -0.3
4/1/2019 28750 0.0 4/1/2019 3,500.00 0.0
5/1/2019 29100 0.0 5/1/2019 3,850.00 0.1
6/1/2019 29975 0.0 6/1/2019 3,780.00 0.0
7/1/2019 30950 0.0 7/1/2019 3,550.00 -0.1
8/1/2019 30500 0.0 8/1/2019 3,090.00 -0.1
9/1/2019 30350 0.0 9/1/2019 3,300.00 0.1
10/1/2019 31450 0.0 10/1/2019 3,150.00 0.0
11/1/2019 31400 0.0 11/1/2019 3,300.00 0.0
12/1/2019 33425 0.1 12/1/2019 3,450.00 0.0 C
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BBCA.JK BDMN.JK E(R) Varians DEVIASI
100% 0% 0.1 0.002 0.04
99% 1% 0.1 0.002 0.04
98% 2% 0.1 0.002 0.05
97% 3% 0.1 0.002 0.05
96% 4% 0.1 0.003 0.05
95% 5% 0.1 0.003 0.05
94% 6% 0.1 0.003 0.06
93% 7% 0.1 0.003 0.06
92% 8% 0.2 0.003 0.06
91% 9% 0.2 0.004 0.06
90% 10% 0.2 0.004 0.06
89% 11% 0.2 0.004 0.06
88% 12% 0.2 0.004 0.07
87% 13% 0.2 0.005 0.07
86% 14% 0.2 0.005 0.07
Portofolio Frontier
85% 15% 0.2 0.005 0.07
1.2
84% 16% 0.2 0.005 0.07
83% 17% 0.2 0.006 0.07 1.0
82% 18% 0.3 0.006 0.08
Expected Return

0.8
81% 19% 0.3 0.006 0.08
80% 20% 0.3 0.006 0.08 0.6
79% 21% 0.3 0.006 0.08
0.4
78% 22% 0.3 0.007 0.08
77% 23% 0.3 0.007 0.08 0.2
76% 24% 0.3 0.007 0.08
-
75% 25% 0.3 0.007 0.09 0.02 0.04 0.06 0.08 0.10
74% 26% 0.3 0.008 0.09 Deviasi
73% 27% 0.3 0.008 0.09
72% 28% 0.4 0.008 0.09
71% 29% 0.4 0.008 0.09
70% 30% 0.4 0.009 0.09
69% 31% 0.4 0.009 0.09
68% 32% 0.4 0.009 0.10
67% 33% 0.4 0.009 0.10
66% 34% 0.4 0.010 0.10
65% 35% 0.4 0.010 0.10
64% 36% 0.4 0.010 0.10
63% 37% 0.4 0.011 0.10
62% 38% 0.4 0.011 0.10
61% 39% 0.5 0.011 0.11
60% 40% 0.5 0.011 0.11
59% 41% 0.5 0.012 0.11
58% 42% 0.5 0.012 0.11
57% 43% 0.5 0.012 0.11
56% 44% 0.5 0.012 0.11
55% 45% 0.5 0.013 0.11
54% 46% 0.5 0.013 0.11
53% 47% 0.5 0.013 0.11
52% 48% 0.5 0.013 0.12
51% 49% 0.6 0.014 0.12
50% 50% 0.6 0.014 0.12
49% 51% 0.6 0.014 0.12
48% 52% 0.6 0.015 0.12
47% 53% 0.6 0.015 0.12
46% 54% 0.6 0.015 0.12
45% 55% 0.6 0.015 0.12
44% 56% 0.6 0.016 0.13
43% 57% 0.6 0.016 0.13
42% 58% 0.6 0.016 0.13
41% 59% 0.7 0.017 0.13
40% 60% 0.7 0.017 0.13
39% 61% 0.7 0.017 0.13
38% 62% 0.7 0.018 0.13
37% 63% 0.7 0.018 0.13
36% 64% 0.7 0.018 0.13
35% 65% 0.7 0.018 0.14
34% 66% 0.7 0.019 0.14
33% 67% 0.7 0.019 0.14
32% 68% 0.7 0.019 0.14
31% 69% 0.8 0.020 0.14
30% 70% 0.8 0.020 0.14
29% 71% 0.8 0.020 0.14
28% 72% 0.8 0.021 0.14
27% 73% 0.8 0.021 0.14
26% 74% 0.8 0.021 0.15
25% 75% 0.8 0.022 0.15
24% 76% 0.8 0.022 0.15
23% 77% 0.8 0.022 0.15
22% 78% 0.8 0.023 0.15
21% 79% 0.9 0.023 0.15
20% 80% 0.9 0.023 0.15
19% 81% 0.9 0.023 0.15
18% 82% 0.9 0.024 0.15
17% 83% 0.9 0.024 0.16
16% 84% 0.9 0.024 0.16
15% 85% 0.9 0.025 0.16
14% 86% 0.9 0.025 0.16
13% 87% 0.9 0.025 0.16
12% 88% 0.9 0.026 0.16
11% 89% 0.9 0.026 0.16
10% 90% 1.0 0.026 0.16
9% 91% 1.0 0.027 0.16
8% 92% 1.0 0.027 0.16
7% 93% 1.0 0.028 0.17
6% 94% 1.0 0.028 0.17
5% 95% 1.0 0.028 0.17
4% 96% 1.0 0.029 0.17
3% 97% 1.0 0.029 0.17
2% 98% 1.0 0.029 0.17
1% 99% 1.0 0.030 0.17
0% 100% 1.1 0.030 0.17
Item Symbol Value
Expected return on BBCA.JK E(RBBCA.JK) 0.018
Expected return on BDMN.JK E(RBDMN.JK) 0.057
Variance of BBCA.JK σ²BBCA.JK 0.002
Variance of BDMN.JK σ²BDMN.JK 0.030
Standard deviation of BBCA.JK σBBCA.JK 0.042
Standard deviation of BDMN.JK σBDMN.JK 0.173
Covariance between BBCA.JK and BDMN.JK 0.000804776
Correlation between BBCA.JK and BDMN.JK ρBBCA.JK,BDMN.JK 0.11067603811

Portofolio Frontier
1.2

1.0
Expected Return

0.8

0.6

0.4

0.2

-
0.02 0.04 0.06 0.08 0.10 0.12 0.14
Deviasi