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{name} Model Equation

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Parameter	Value	t-statistic
m window Rolling window length	96
α ARCH Response to squared shocks	0.1717	16.35***
β GARCH Volatility persistence	0.5285	29.08***
γ leverage Additional response to negative shocks	0.0685	4.30***
λ₁ tau intercept Baseline long-term coefficient	0.8031	0.77
λ₂ forecast adj. Forecast performance sensitivity	0.2419	1.16
λ₃ tau persistence Long-term factor persistence	0.6566	2.03**

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NCD Co Ltd/Shinagawa MF2-GARCH Volatility Analysis

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News Impact Curve

Volatility Forecast

Parameter Estimates

Other NCD Co Ltd/Shinagawa Analyses