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Choose a publicly-traded stock that: Has at least 5 years of trading history The Beta for that stock over the last 5 years should be

Choose a publicly-traded stock that:

  • Has at least 5 years of trading history

The Beta for that stock over the last 5 years should be published on Yahoo Finance and other sources. Now do all of the following:

  1. Describe what the company's Beta means. In other words, how should a stock with that Beta respond to movements in stock market indices like the Dow Jones Industrial Average and the S&P 500?
  2. Describe how the stock actually moved in comparison to those indices since the advent of COVID.
  3. Did the stock perform as its Beta predicted? Explain why you think it did or did not. Consider the nature of company's products/services and any other factors that you see as relevant.

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