Risk & Return Analysis for ARTO, JPFA, and MAPI using Mean Variance Frontier Method

Our Finance & Consumer Goods sector analyst, Jeremy Mikael, made an analysis of Risk and Return using a Mean Variance Frontier method for 3 companies. These companies are PT Bank Jago Tbk (ARTO) from Banking sector, PT Japfa Comfeed Indonesia Tbk (JPFA) from Primary Consumer Goods sector, and PT Mitra Adiperkasa Tbk (MAPI) from Non-Primary Consumer Goods sector. This analysis use daily return based on adjusted closing price in 1 year time frame from 22 September 2020 to 22 September 2021.

The final result are shown below:

From the Mean Variance Frontier graph, we can see that all of these 3 stocks always generate positive return, as seen from the y-axis, there isn't any single point with negative expected return. We suggest to highly consider ARTO, JPFA, and MAPI to your investment portofolio.

Further details regarding the daily return of these 3 companies as well as the full calculation can be accessed through the Microsoft Excel file below:

19019120_Jeremy Mikael_MVF.xlsx

Download XLSX • 72KB

Thank you.