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Author

Hendra Perdana

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Open access Jul 2026

IDX30 Portfolio Construction using K-Means Clustering with MAD Risk Optimization and Sortino Ratio Evaluation

A stock portfolio plays an important role in managing risk and achieving optimal returns in volatile markets. This study proposes an integrated framework that combines K-Means Clustering, Mean Absolute Deviation (MAD), and the Sortino Ratio. The main contribution lies in linking clustering-based asset selection with do...

Rifki Pebriyandi, E. Sulistianingsih, Hendra Perdana et al. · 0 citations

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