Pandemic resilience and stock returns: asset pricing during the Covid-19 using the Fama French models
The year of 2020 was marked with an unprecedented outbreak of Covid-19 virus and a global pandemic. Not all businesses across various industries have been equally affected. This thesis investigated the difference in return of industries with dissimilar exposure to the Covid-19 pandemic under the lockdown and social distance intervention, and how this difference has evolved during 2020. We found ev