As you are aware that COVID-19 has impacted the whole world with all sectors majorly and minorly. So, though that investor behavior is also reflected due to coronavirus.
Yes, in some financial markets, including capital markets, stock markets in the mid-term scale, in 2020 there were strong correlations between the changing pandemic situation and the change in the economic situation on these markets. First of all, the key information on the changes in the pandemic situation published in the media resulted in strong changes in the stock market trends. When in March the World Health Organization announced the state of a global epidemic, i.e. the state of a pandemic, then there was a strong, short-lived stock market crash. However, when at the beginning of November the pharmaceutical companies Pfizer and Moderna announced to the media that they are completing research, the last, third phase of tests on SARS-CoV-2 (Covid-19) Coronavirus vaccines and that mass production and sales may begin soon vaccines, then there was a rapid improvement in the situation on capital markets and stock exchanges.
Certainly, the investor is looking for a safe environment, and there is no doubt that Covid 19 created a state of anxiety among investors and thus reduced the volume of investments as a result of the economic recession