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

Raja Ahmad Puad, Raja Nur Izni Aqilah (2021) Implementation of sectorial diversification and macro variations on portfolio investment in Malaysia / Raja Nur Izni Aqilah Raja Ahmad Puad. Degree thesis, UiTM Cawangan Johor.

Abstract

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.

Metadata

Item Type: Thesis (Degree)
Creators:
Creators
Email / ID Num.
Raja Ahmad Puad, Raja Nur Izni Aqilah
2019326561
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Wan Zakaria, Wan Mohd Farid
UNSPECIFIED
Thesis advisor
Mohamad Shafi, Roslina
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Macroeconomics
H Social Sciences > HG Finance > Investment, capital formation, speculation
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme: Bachelor of Business Adminitration (HONS) Investment Management
Keywords: Investment; Macroeconomics
Date: 2021
URI: https://ir.uitm.edu.my/id/eprint/63823
Edit Item
Edit Item

Download

[thumbnail of 63823.pdf] Text
63823.pdf

Download (239kB)

Digital Copy

Digital (fulltext) is available at:

Physical Copy

Physical status and holdings:
Item Status:
On Shelf

ID Number

63823

Indexing

Statistic

Statistic details