The COVID-19 Beta Effect, An Empirical Study in Palestine

Abstract

This study attempts to investigate the impact of COVID-19 pandemic on systematic risks measured by beta in Palestine Exchange during the period from January, 2018, to March, 2021, using Wilcoxon statistical test tool. The study consists of 12 Palestinian public companies listed in the PEX, The 12 companies' betas were estimated before and after the occurrence of pandemic, 20 March 2020, The results show that there is no significant difference between the systematic risk (β) of companies before and after COVID-19

Keywords: COVID-19,Beta, Palestine Exchange, Systematic Risk

DOI: 10.7176/RJFA/12-22-04

Publication date: November 30th 2021