Analisis Keakuratan Capital Asset Pricing Model Dan Arbitrage Pricing Theory Dalam Memprediksi Return Saham (Studi Pada Perusahaan LQ 45 Di Bursa Efek Indonesia Periode 2016-2020)

This study is based on the rapid development of investment world. Hence, most investors have limited abilities and strategies in investing, therefore it takes important methods concepts to assess level profit from an with various existing risk factors. focuses comparison accuracy between Capital Asset Pricing Model (CAPM) Arbitrage Theory (APT) predicting stock returns LQ 45 index companies for 2016-2020 period. aimed determine which method was more appropriate company's returns. The CAPM APT measured by using Mean Absolute Deviation (MAD). Independent Sample T-test used whether there a difference results this show that calculation Deviation, accurate than MAD value (0.000246) smaller (0.003739) data processing shows H0 rejected, means significant models particularly return.