{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	1.7431	4.11***
α ARCH Response to squared shocks	0.0456	7.45***
β GARCH Volatility persistence	0.9488	122.65***

γ₁	-0.0667	-1.81*
γ₂	0.0932	1.66*
γ₃	0.0293	0.63
γ₄	-0.2568	-4.11***

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CFC Stanbic Holdings Ltd Spline ILLIQ Liquidity Analysis

Date Range:

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