III. CONCLUSION

Based on the analysis has been done, it can be seen that within two years, the movement of the market return from IHSG and LQ45 less volatile. It means that the movement of capital gain and losses from the common stock market not change rapidly. In general, the market return is very influential on the stock return.
We can see from the data, On June 3, 2009, IHSG on the first closing position so strong over the level Rp2.000. And then in the afternoon the index rise 22.625 points, or 1.13 percent to level of Rp2.021,27. In Indonesia Stock Exchange (IDX), LQ45 index that rose 5.506 points to 396.332. This caused the shares of PT Bisi International., Tbk is rise for Rp320 become Rp2.200.

The return will influence the risk of the company. If the return of daily market and stock not change in large range, the risk will be lower too. The standard deviation of Bisi International is 0.045533613. It means the return of Bisi is very low so the risk low. And if we see from IHSG and LQ45 the standard deviation are 0.020389874 and 0.024094065. So the conclusion, the risk of the company that include in LQ45 and IHSG have low risk. The return and risk of IHSG and LQ45 are low so the risk and return of the company low too. It is because the analysis stock movement is depending on market movement.

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