Juniawan Mandala Primary Author Josua Panatap Soehaditama Primary Author M. Arif Hernawan Primary Author Ika Utami Yulihapsari Primary Author Maya Sova Primary Author

A breakthrough in finance and business, the Capital Asset Pricing Model (CAPM) is a model describing the relationship between a stock's risk level and expected return. This study aims to clarify the risk and reward levels of stock investment based on a literature review of previous studies. The research uses qualitative methods, that is, research methods emphasizing the analysis of deductive and inductive reasoning processes and the dynamics of relationships between observed phenomena using scientific logic. Qualitative research is descriptive in nature, as data analysis is not intended to accept or reject hypotheses (if any), but is a form of explanation of observed symptoms.