Analysis Of The Profitability Of Retro Air Jordan Sneakers As An Alternative Investment Strategy

Budiman, Pradipto Bhaskoro Susilo (2018) Analysis Of The Profitability Of Retro Air Jordan Sneakers As An Alternative Investment Strategy. Sarjana thesis, Universitas Brawijaya.

Abstract

Penelitian ini melihat sepatu Retro Air Jordan sebagai collectible good; menganalisa profitabilitasnya sebagai alternatif investasi dibandingkan saham untuk periode 2016. Dengan menggunakan pendekatan deskriptif kuantitatif, imbal hasil dari 20 sampel Retro Air Jordans dinilai menggunakan strategi buy and hold. Selain itu, imbal hasil tersebut kemudian dibandingkan dengan kinerja saham 21 perusahaan teratas yang terdaftar di S&P 500 dengan menggunakan strategi buy and hold dan 20-day simple moving average. Hasil dari penelitian tidak memberikan bukti bahwa sampel Retro Air Jordans secara rata-rata mampu memberikan return lebih tinggi dibandingkan sampel saham S&P 500. Namun, penelitian tersebut mengungkapkan bahwa sampel Retro Air Jordans dapat menghasilkan tingkat return yang lebih tinggi secara signifikan dibandingkan sampel saham S&P 500 (3.37 kali lebih tinggi tepatnya) saat dibeli dengan harga retail individual mereka dan dijual diakhir periode studi yang sama. Hasil ini nampaknya memberi kesan bahwa collectible good, khususnya Retro Air Jordans, menguntungkan sebagai investasi alternatif jika ditahan dan dijual dengan harga resale.

English Abstract

This study examined Retro Air Jordan sneakers as a collectible good; analyzing its profitability as an alternative investment compared to stocks for the period of 2016. Utilizing a quantitative descriptive approach, the returns of 20 sample Retro Air Jordans were assessed using the buy and hold strategy. In addition, the returns were then compared against the performance of the top 21 companies listed in the S&P 500 using both the buy and hold strategy and the 20-day simple moving average. The results provided no evidence that the sample Retro Air Jordans, on average, were able to outperform the sample S&P 500 stocks. However, the study revealed that the sample Retro Air Jordans were able to generate significantly higher returns against the sample S&P 500 stocks (3.37 times higher to be exact) when bought at their individual retail price and held over the same study period. These results seem to suggest that collectibles, specifically Retro Air Jordans, are profitable as an alternative investment if collected and sold for resale value.

Item Type:	Thesis (Sarjana)
Identification Number:	SKR/FE/2018/568/051810714
Uncontrolled Keywords:	collectibles, alternative investment, buy and hold, simple moving average, retro air jordan, sneakers, trading strategy, collectibles, alternative investment, buy and hold, simple moving average, retro air jordan, sneakers, trading strategy
Subjects:	300 Social sciences > 332 Financial economics > 332.6 Investment
Divisions:	Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User:	Nur Cholis
Date Deposited:	24 Jul 2019 06:44
Last Modified:	20 Oct 2021 07:35
URI:	http://repository.ub.ac.id/id/eprint/163806

Text PRADIPTO BHASKORO SUSILO BUDIMAN.pdf Restricted to Registered users only Download (4MB)

Actions (login required)

View Item