Analisis Tingkat Pengembalian Dan Risiko Investasi (Studi Pada Industri Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)

The purpose of this study is to find out how much the rate of return earned on investments in banking companies studied, to find out how to obtain the level of risk in the stock investment banking firm selected as a sample, and to determine how the analysis of macroeconomic variables on the level risk and rate of return on investments in companies studied. In this study, the population is banking companies listed in Indonesia Stock Exchange (BEI) from 2005 to 2007 as many as 30 companies. The samples studied were limited to 10 banking companies from 2005-2007. The method used was purposive sampling method. Based on the calculations, the rate of return and the highest level of risk that is happening at PT. Kimia Farma (Persero) Tbk amounting to 8% with a risk level of 24.86% and the lowest or loss (capital loss) that is on the PT. Kalbe Farma Tbk was -0.08% with a 6.77% risk level that occurred in 2007. From the years 2005-2007 the value of GDP has fallen so the rate of return of each stock is not worth the risk to be faced. In the last three months in 2005 until September 2006, inflation ranged between 14% -19% and in October 2006 through the end of 2007, the inflation rate did not exceed 7%. With high inflation, the stock returns at year-end 2005 to end 2006 down and inflation is down and the rate of return of sahampun began to increase. At the end of 2005 not only the value of high inflation, but the SBI interest rate is also high and the weakening of the rupiah against the U.S. dollar resulted in the investment climate in Indonesia is not good enough for investors.