https://mail.insyma.org/proceedings/files/original/7af07db916ec65503d7782475c557190.pdf 9c37589b67d82df0fffa58d7cf91b1fa Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Proceedings of the International Symposium on Management (INSYMA) (Vol 21, 2024) Proceedings meta_title Correlation of Sectoral Stock Indexes on the Indonesian Stock Exchange for Portfolio Diversification Strategies Author #1 Rahmat Budi Santoso Author #2 M. Rifki Bakhtiar Author #3 Bunga Rosa Afilia Author #4 Abdul Basid Abstract/Description This research aims to examine opportunities for stock portfolio diversification on the IDX Industrial Classification index on the Indonesian Stock Exchange. This research data uses daily returns from 11 sectoral stock price index. The research period used is from January 25, 2021, to March 28, 2024. The analysis method uses correlation analysis to determine the level of index return correlation between sectors. The research results show that all stock sectors have varying levels of correlation, but the level of correlation is low to moderate. The technology stock sector has the lowest correlation with other stock sectors. Investors have a huge opportunity to diversify their shares into several stock sectors to reduce the risk of investing. keywords a;b;c;d Portfolio Diversification, Sectoral Stock Price Index, IDX Industrial Classification, Indonesia stock exchange publication_date 2025/06/20 2024/06/15 pdf_url https://insyma.org/proceedings/files/original/7af07db916ec65503d7782475c557190.pdf abstract_html_url https://insyma.org/proceedings/items/show/ https://insyma.org/proceedings/items/show/305 firstpage 780 lastpage 784 issn 3047-857X 3047-857X conference Proceedings of the International Symposium on Management (INSYMA) Proceedings of the International Symposium on Management (INSYMA) publisher_name Fakultas Bisnis dan Ekonomika, Universitas Surabaya Fakultas Bisnis dan Ekonomika, Universitas Surabaya no article 305 Volume 21 URL https://insyma.org/proceedings/files/original/articles/139_Rahmat%20Budi%20Santoso.pdf Title Correlation of Sectoral Stock Indexes on the Indonesian Stock Exchange for Portfolio Diversification Strategies Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Correlation of Sectoral Stock Indexes on the Indonesian Stock Exchange for Portfolio Diversification Strategies Creator An entity primarily responsible for making the resource Rahmat Budi Santoso, M. Rifki Bakhtiar, Bunga Rosa Afilia, Abdul Basid