PENERAPAN METODE SAFETY FIRST CRITERION PADA SELEKSI SAHAM UNTUK PEMBENTUKAN PORTOFOLIO OPTIMAL

The formation of an optimal portfolio can be done with the Safety First Criterion method which is based on down side risk, namely risk causing a loss. purpose this study to determine using method. first criteria for selection are concerned only failing achieve minimum target return or secure prespecified safety margins. There three First, Roy, Kataoka and Telser criteria. results formed different values Roy 0.0486, 0.0487 0.0527. So that best Roy's criterion because it has lowest value expected same.