Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange
This study aims to analyze stock performance credibility using the Capital Asset Pricing Model (CAPM) method, the Arbitrage Pricing Theory (APT) method, the Fama-French Three-Factor Model (FFTFM), and the 2013-2017 LQ-45 Stock Performance rating. The technique used for sampling is purposive sampling...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Master Program in Economics, Graduate Program of Universitas Jambi
2019-05-01
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| Series: | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| Subjects: | |
| Online Access: | https://online-journal.unja.ac.id/JES/article/view/6707 |
| _version_ | 1818470538402594816 |
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| author | Tona Aurora Lubis Ade Octavia Widyanti Fitri |
| author_facet | Tona Aurora Lubis Ade Octavia Widyanti Fitri |
| author_sort | Tona Aurora Lubis |
| collection | DOAJ |
| description | This study aims to analyze stock performance credibility using the Capital Asset Pricing Model (CAPM) method, the Arbitrage Pricing Theory (APT) method, the Fama-French Three-Factor Model (FFTFM), and the 2013-2017 LQ-45 Stock Performance rating. The technique used for sampling is purposive sampling. The samples in this study are 23 companies. The results show that the CAPM model is more accurate in stock credibility assessment than the APT model and the FFTFM. |
| first_indexed | 2024-04-13T21:38:19Z |
| format | Article |
| id | doaj.art-c8131f1d1c964583b8951f526b6c49df |
| institution | Directory Open Access Journal |
| issn | 2338-4603 2355-8520 |
| language | English |
| last_indexed | 2024-04-13T21:38:19Z |
| publishDate | 2019-05-01 |
| publisher | Master Program in Economics, Graduate Program of Universitas Jambi |
| record_format | Article |
| series | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| spelling | doaj.art-c8131f1d1c964583b8951f526b6c49df2022-12-22T02:28:51ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202019-05-016559560210.22437/ppd.v6i5.67076707Rating of LQ-45 stock index performance credibility in Indonesia Stock ExchangeTona Aurora Lubis0Ade Octavia1Widyanti Fitri2Master of Management Program, Postgraduate Program, Universitas Jambi, IndonesiaMaster of Management Program, Postgraduate Program, Universitas Jambi, IndonesiaMaster of Management Program, Postgraduate Program, Universitas Jambi, IndonesiaThis study aims to analyze stock performance credibility using the Capital Asset Pricing Model (CAPM) method, the Arbitrage Pricing Theory (APT) method, the Fama-French Three-Factor Model (FFTFM), and the 2013-2017 LQ-45 Stock Performance rating. The technique used for sampling is purposive sampling. The samples in this study are 23 companies. The results show that the CAPM model is more accurate in stock credibility assessment than the APT model and the FFTFM.https://online-journal.unja.ac.id/JES/article/view/6707Capital Asset Pricing ModelArbitrage Pricing TheoryFama-French Three-Factor Model |
| spellingShingle | Tona Aurora Lubis Ade Octavia Widyanti Fitri Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Capital Asset Pricing Model Arbitrage Pricing Theory Fama-French Three-Factor Model |
| title | Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange |
| title_full | Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange |
| title_fullStr | Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange |
| title_full_unstemmed | Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange |
| title_short | Rating of LQ-45 stock index performance credibility in Indonesia Stock Exchange |
| title_sort | rating of lq 45 stock index performance credibility in indonesia stock exchange |
| topic | Capital Asset Pricing Model Arbitrage Pricing Theory Fama-French Three-Factor Model |
| url | https://online-journal.unja.ac.id/JES/article/view/6707 |
| work_keys_str_mv | AT tonaauroralubis ratingoflq45stockindexperformancecredibilityinindonesiastockexchange AT adeoctavia ratingoflq45stockindexperformancecredibilityinindonesiastockexchange AT widyantifitri ratingoflq45stockindexperformancecredibilityinindonesiastockexchange |