ANALISIS PERBANDINGAN RISK DAN RETURN ANTARA SAHAM BANK BUMN DAN BANK SWASTA (STUDI KASUS PADA SAHAM LQ- 45 SEKTOR PERBANKAN PERIODE 2016-2019

Abstract

The objectives to be achieved in this study are to determine and analyze the difference in risk between the shares of state-owned banks and private banks (a case study on LQ 45 stocks in the banking sector for the 2016-2019 period) and to find out and analyze the difference in returns between state-owned banks and private banks (study of the case of LQ 45 shares in the banking sector for the 2016-2019 period). The theoretical basis used is the theoretical basis concerning investment management, capital market, stock, risk, and return. The analytical tool used in this study is through the monthly return of the stock and the standard deviation as risk by using the Independent T Test, then two samples are obtained from BUMN and private shares and then monthly data on stock prices are taken for 2016-2019.

The results of the analysis show that the average monthly return of BUMN shares is greater than private shares, as well as the risk of BUMN shares is greater than that of private shares, statistically tested using the Independent T Test with a level of 5% which makes no difference significantly risk and return between shares of state-owned banks and private banks in the sense that the risk

and return between shares of state-owned banks and private banks are the same.