V-Lab
Ballard Power Systems Inc AGARCH Volatility Analysis
Volatility prediction for Thursday, August 6th, 2026
1 Day
72.67%
decreased by 6.96%
1 Week
73.05%
decreased by 6.58%
1 Month
73.98%
decreased by 5.65%
Analysis last updated: Wednesday, August 5, 2026 at 09:06 PM UTC
News Impact Curve
How returns affect tomorrow's volatilityVolatility Forecast
How volatility evolves over timeParameter Estimates
Nov 8, 1995 to Jul 31, 2026Model Insight
The news-impact curve is shifted (γ = -0.25) so that positive returns raise next-day volatility more than negative returns of the same size. Volatility rises more after gains than after losses, the reverse of the usual leverage effect and rare among risky assets.
σ
AGARCH Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.7236 | 20.97*** |
α ARCH Response to squared shocks | 0.1601 | 23.42*** |
β GARCH Volatility persistence | 0.7628 | 92.15*** |
γ leverage Additional response to negative shocks | -0.2472 | -2.39** |
Persistence:
0.923
Half-life:
9 days
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