The article discusses how the Capital Asset Pricing Model (CAPM) was applied to the Zagreb stock exchange during a period of low trade turnover, especially in equity securities. The model helps estimate the risk of individual stocks compared to the overall market. It also measures the environment a company operates in as risk, known as beta. The study found that during market stagnation, the model's accuracy can be affected by poor data quality. Additionally, the main issue encountered was negative returns in the market index during the study period.