TY - JOUR AU - Yosmar, Siska AU - Damayanti, S AU - Febrika, S PY - 2021/06/30 Y2 - 2024/03/29 TI - LQ45 Stock Portfolio Selection using Black-Litterman Model in Pandemic Time Covid-19 JF - Indonesian Journal of Statistics and Its Applications JA - IJSA VL - 5 IS - 2 SE - Articles DO - 10.29244/ijsa.v5i2p343-354 UR - https://journal.stats.id/index.php/ijsa/article/view/823 SP - 343-354 AB - <p>The world was shocked by the emergence of a virus that spread very quickly to several countries including Indonesia at the end of 2019. This virus infection is called Corona Virus Disease 2019 (Covid-19). The outbreak of Covid-19 not only threatens human lives but also disrupts various economic, financial, and business activities, especially in Indonesia. A stock portfolio is a collection of financial assets in a unit that is held or created by an investor, investment company, or financial institution. The Black-Litterman model of the stock portfolio is a portfolio model that involves the CAPM equilibrium return and investor views. The purpose of this study is to determine the stock portfolio with the Black-Litterman model using company data listed in the LQ45 stock index from January 2020 to June 2020. Four of the twenty-nine LQ45 stocks were selected as assets in the stock portfolio. The stock portfolio containing the four stocks, namely ICBP, KLBF, MNCN, and TLKM with the Black-Litterman&nbsp;model resulted in an expected return of 2.07% and a risk of 2.82%.</p> ER -