Portofolio Efisien Model Markowitz dengan Kendala Proporsi Aset Positif dan Target Return yang Ditentukan

Rational investors tend to diversify their asset for reducing investment risk. Markowitz portfolio model can be an strategy minimize risk and maximize return of investment. This study establishes the with positive weight constraints determined target returns. Quadratic programming is approach used determine proportion each stock in portfolio. Therefore, 5 efficient portfolios less level than individual stocks are obtained. The results performance measurement stated that centered on BYAN had best performance. It due high expected returns low measurement.