Pre- Epidemic and Post-Epidemic Comparison of Firm Market Risk Sensitivity Based on CAPM Model

According to the Capital Asset Pricing Model (CAPM), expected return and risk of security are related. Since January 2020, due COVID-19, numerous businesses failed adjust new reality grew dangerous unpredictable for their investors. The goal this research is assess how pandemic might impact asset pricing company betas. This study has utilized empirical data regression analysis measure beta CAPM model before after COVID-19 5 companies in airplane industry. each company, free rate market calculated from stock price. From measurement, had volatile returns, most declined. It also deduced that, except Spirit Airlines, all four values greater than one two years prior epidemic, indicating associated with airline stocks was market.