BDI Baltic Exchange Dry Index GJR-GARCH Volatility Analysis
High-persistence model: shocks decay very slowly, so the theoretical long-run value may not be practically meaningful
Volatility prediction for Friday, May 15th, 2026
1 Day
39.03%
decreased by 8.01%
1 Week
39.24%
decreased by 7.80%
1 Month
40.10%
decreased by 6.94%
Analysis last updated: Friday, May 15, 2026 at 11:01 PM UTC
News Impact Curve
How returns affect tomorrow's volatilityVolatility Forecast
How volatility evolves over timeParameter Estimates
| param | t-stat | |
|---|---|---|
| 0.0337 | 33.78 | |
| 0.3216 | 36.75 | |
| 0.6831 | 135.83 | |
| -0.0094 | -1.18 |
Estimation Period:
Jan 1, 1990 to Apr 4, 2025
Jan 1, 1990 to Apr 4, 2025
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