TY - JOUR AU - Suryani, Cyndi AU - Robiyanto, Robiyanto PY - 2021/06/02 Y2 - 2024/03/29 TI - The Formulation of a Dynamic Portfolio between Gold and Stocks on the Indonesia Stock Exchange during the COVID-19 Pandemic JF - Jurnal Organisasi dan Manajemen JA - j. Organisasi dan manaj. VL - 17 IS - 1 SE - Articles DO - 10.33830/jom.v17i1.1048.2021 UR - https://jurnal.ut.ac.id/index.php/jom/article/view/1048 SP - 17-31 AB - <p>COVID-19 pandemic made investor to be careful to choose the portfolio instrument. A portfolio that is formed by the right instrument certainly can minimize risks and maximize the return. This research analyzes the dynamic portfolio formed by gold and leading stocks in COVID-19 period, which is better than the the portfolio formed by stocks alone. The data used is secondary data, which is the LQ-45 index daily closing price data&nbsp; and world gold prices. This research also uses risk free rate data taken from <em>bi.go.id</em>. The analysis technique in this research is DCC-GARCH. <strong>Findings</strong>. This research concludes that stock portfolios with gold showing a good performance result with variability-based measurement.</p> ER -