I am interested in the $\mathbf{Z}_2$ equivariant K-theory of $S^1$, but I cannot find any good references or methods to calculate it with the action I have in mind. The action on $S^1$ is an inversion, so $(x,y) \to (-x,-y)$. This action does not have any fixed points, so we can rewrite the equivariant K-theory as ordinary K-theory \begin{align} K_{\mathbf{Z}_2}(S^1) = K(S^1/\mathbf{Z}_2) \end{align} Does any one know how I can calculate $K^i(S^1/\mathbf{Z}_2)$ or does any one know a good reference for these kinds of calculations? Any other references regarding these types of calculations are also welcome :)
Let me add that I have found several calculations which use the relation with K-homology, most notably K-homology of certain group C*-algebras, but they consider a mirror symmetry in the $y$-axis.