Ali Alexander (Management 2021), a student from the Management Program at the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), achieved a notable accomplishment at the International Stock Portfolio Analysis Competition 2025. He teamed up with Ahmad Dzaki Sofyan (Property Management and Valuation SV 2022) and Elsa Firlyani (Property Management and Valuation SV 2021), who were part of the Balairung Capital team, and secured first place in the competition organized by the Investment Gallery of the Indonesia Stock Exchange (GIBEI) at the Faculty of Economics and Business, University of Jakarta.
They successfully outperformed dozens of other teams from various universities, both domestic and international, under the guidance of I Wayan Nuka Lantara, S.E., M.Si., Ph.D. In this online competition held throughout May-June 2025, all participants were required to create a stock portfolio capable of generating the highest possible returns with the lowest possible risk. Also, the portfolio created must outperform the IHSG as a market benchmark.
“From more than 20 stocks that the committee has curated, each team is only allowed to select five stocks considered the most promising. This challenge encourages us to analyze technically and fundamentally and consider macroeconomic dynamics and the risks inherent in each issuer,” said Ali.
Ali explained that the competition consists of four main stages: selecting five stocks, evaluating their performance, preparing an in-depth analysis paper, and finally selecting the ten best teams to advance to the presentation (pitching) stage in front of the judging panel. He and his team used a top-down analysis approach to develop their strategy. This approach begins by observing broader industry conditions, then narrows to analyzing economic catalysts, selecting companies with strong fundamentals, assessing financial aspects and valuations, and identifying specific risks. This approach allows them to build a strong, logical argument for their investment decisions.
Reportage: Orie Priscylla Mapeda Lumalan
Editor: Kurnia Ekaptiningrum
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