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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

It is suggested that combining high-return stocks with moderate volatility, supported by clustering and downside risk optimization, can improve downside risk-adjusted performance, providing practical guidance for investors.

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

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