Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad

Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad

Current study will focus analysing the implementation of diversification and macro variations on portfolio investment of Malaysia using sectorial efficient diagnosis by finding the daily performance of Sharpe risk-adjusted return and their interdependency for three chosen sectorial indices as benchm...

Full description

Saved in:
Bibliographic Details
Main Author: Raja Ahmad Puad, Raja Nur Izni Aqilah
Format: Thesis
Language:English
Published: 2021
Subjects:
Macroeconomics
Online Access:https://ir.uitm.edu.my/id/eprint/63823/2/63823.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uitm-ir.63823
record_format uketd_dc
spelling my-uitm-ir.638232022-08-24T06:36:46Z Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad 2021 Raja Ahmad Puad, Raja Nur Izni Aqilah Macroeconomics Investment, capital formation, speculation Current study will focus analysing the implementation of diversification and macro variations on portfolio investment of Malaysia using sectorial efficient diagnosis by finding the daily performance of Sharpe risk-adjusted return and their interdependency for three chosen sectorial indices as benchmark and the 30 years sample of macroeconomic variables from 1989 to 2019. Time series analysis has found out dissimilarities of risk-adjusted return and positive correlated relationship between the sectorial indices. Resultant analysis of this study also implies that only macro variable of oil price is proven significant in impacting stock index of FBM KLCI using Multiple Linear Regression. Contradict with exchange rate and interest rate which has proven as insignificant determinants. Hence, study has proven that sectorial diversification is achievable as different sectors reacted differently however diversified sectors have limited benefits during the domination of systematic risks as economic sectors tend to correlate with each other during a shorter investment horizon. 2021 Thesis https://ir.uitm.edu.my/id/eprint/63823/ https://ir.uitm.edu.my/id/eprint/63823/2/63823.pdf text en public degree UiTM Cawangan Johor Faculty of Business Management Wan Zakaria, Wan Mohd Farid Mohamad Shafi, Roslina
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Wan Zakaria, Wan Mohd Farid
Mohamad Shafi, Roslina
topic Macroeconomics
Macroeconomics
spellingShingle Macroeconomics
Macroeconomics
Raja Ahmad Puad, Raja Nur Izni Aqilah
Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
description Current study will focus analysing the implementation of diversification and macro variations on portfolio investment of Malaysia using sectorial efficient diagnosis by finding the daily performance of Sharpe risk-adjusted return and their interdependency for three chosen sectorial indices as benchmark and the 30 years sample of macroeconomic variables from 1989 to 2019. Time series analysis has found out dissimilarities of risk-adjusted return and positive correlated relationship between the sectorial indices. Resultant analysis of this study also implies that only macro variable of oil price is proven significant in impacting stock index of FBM KLCI using Multiple Linear Regression. Contradict with exchange rate and interest rate which has proven as insignificant determinants. Hence, study has proven that sectorial diversification is achievable as different sectors reacted differently however diversified sectors have limited benefits during the domination of systematic risks as economic sectors tend to correlate with each other during a shorter investment horizon.
format Thesis
qualification_level Bachelor degree
author Raja Ahmad Puad, Raja Nur Izni Aqilah
author_facet Raja Ahmad Puad, Raja Nur Izni Aqilah
author_sort Raja Ahmad Puad, Raja Nur Izni Aqilah
title Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
title_short Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
title_full Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
title_fullStr Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
title_full_unstemmed Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad
title_sort implementation of sectorial diversification and macro variations on portfolio investment in malaysia / raja nur izni aqilah raja ahmad puad
granting_institution UiTM Cawangan Johor
granting_department Faculty of Business Management
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/63823/2/63823.pdf
_version_ 1783735352333172736

Similar Items