PERFORMANCE OF INVESTMENT INSTRUMENTS AMIDST THE DEVELOPMENT OF DIGITAL TECHNOLOGY

Yulis Nurul Aini; Ludfi Djajanto; Zubaidi Zubaidi; Veri Hardinansyah Dja’far

doi:10.61677/count.v4i1.945

Authors

Yulis Nurul Aini Politeknik Negeri Malang
Ludfi Djajanto Politeknik Negeri Malang
Zubaidi Zubaidi Politeknik Negeri Malang
Veri Hardinansyah Dja’far Politeknik Negeri Malang

DOI:

https://doi.org/10.61677/count.v4i1.945

Keywords:

Investment, technology, Sharia stocks (ISSI), LQ45 stocks, investment performance.

Abstract

This study aims to find out the performance of investment instruments amidst the development of digital technology. The data sources were obtained from data published on the Indonesia Stock Exchange. The data used were Sharia stocks (ISSI) including 4 companies with big capital, and LQ45 stocks including 4 companies with big capital for the period 2023-2025. The analysis tools used to measure the performance of Sharia stocks and LQ45 stocks were risk and return rate. Based on the measurement results, it was revealed that Sharia stocks provide a higher return compared to conventional LQ45 stocks. Based on risk using the Sharpe and Jensen approaches, it was revealed that Sharia stocks are riskier than conventional LQ45 stocks. Therefore, the performance of Sharia stocks is more attractive, so it can be considered by investors when choosing them in the digital technology era.

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