Ningbo Daye Garden Machinery Co Ltd GJR-GARCH Volatility Analysis
Volatility prediction for Tuesday, July 14th, 2026
1 Day
51.22%
increased by 2.82%
1 Week
52.16%
increased by 3.76%
1 Month
54.48%
increased by 6.08%
Analysis last updated: Tuesday, July 14, 2026 at 06:23 PM UTC
News Impact Curve
How returns affect tomorrow's volatilityVolatility Forecast
How volatility evolves over timeParameter Estimates
Sep 1, 2020 to Jul 10, 2026Model Insight
This asset shows a rare inverse leverage effect: positive returns raise next-day volatility 123% more than negative returns. Volatility rises more after gains than after losses, the reverse of the usual leverage effect and uncommon among risky assets.
σ
GJR-GARCH Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.9723 | 10.65*** |
α ARCH Response to squared shocks | 0.1725 | 12.75*** |
β GARCH Volatility persistence | 0.8017 | 54.54*** |
γ leverage Additional response to negative shocks | -0.0952 | -4.68*** |
Persistence:
0.927
Half-life:
9 days
Other Ningbo Daye Garden Machinery Co Ltd Analyses
Other GJR-GARCH Analyses on International Equities