Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

Impact of COVID-19 and Vaccine on Agric, Soda, Smoke Industry Based on Fama-French Five-Factor Model

Authors
Yuxiang Song1, *
1Department of Mathematics, University College London, London, WC1E 6BT, United Kingdom
*Corresponding author. Email: zcahonc@ucl.ac.uk
Corresponding Author
Yuxiang Song
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-098-5_134How to use a DOI?
Keywords
COVID-19; Vaccine; Fama-French five-factor model; Agricultural industry; Soda industry; Smoke industry
Abstract

COVID-19 has tremendous impacts worldwide. The global economy was severely damaged. Based on the Fama-French five-factor model, this paper selects agricultural, soda, and smoke industries in U.S. stock market and analyzes the market changes after the outbreak of Covid-19 and after the successful experiment of the vaccine. Data from Kenneth R. French Data Library is used in the research. It is found that none of the three industries were outside the impact. After the Covid-19, firms with value stock in agricultural industry, soda-related firms in small size with strong profitability, and big-sized smoke companies with value stock are recommended to the investors.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
10.2991/978-94-6463-098-5_134
ISSN
2352-5428
DOI
10.2991/978-94-6463-098-5_134How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yuxiang Song
PY  - 2022
DA  - 2022/12/27
TI  - Impact of COVID-19 and Vaccine on Agric, Soda, Smoke Industry Based on Fama-French Five-Factor Model
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 1193
EP  - 1200
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_134
DO  - 10.2991/978-94-6463-098-5_134
ID  - Song2022
ER  -