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Chilean Peso MF2-GARCH Volatility Analysis

Volatility prediction for Tuesday, September 29th, 2026

1 Day

10.07%

decreased by 0.69%

1 Week

10.28%

decreased by 0.48%

1 Month

10.45%

decreased by 0.31%

Analysis last updated: Monday, September 28, 2026 at 07:11 PM UTC

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graph of Chilean Peso MF2-GARCH

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Jan 2, 1990 to Sep 25, 2026

Model Insight

This asset shows a rare inverse leverage effect: positive returns raise next-day volatility 218% 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

MF2-GARCH Model

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Inverse leverage: Positive returns increase volatility 218% more than negative returns
ParamValuet-stat
mwindow71
αARCH0.1392
6.01***
βGARCH0.7283
21.20***
γleverage-0.0954
-4.00***
λ₁tau intercept0.0312
3.38***
λ₂forecast adj.0.9357
10.92***
λ₃tau persistence0.0000
0.00

0.820

Persistence

3d

Half-life
σ

MF2-GARCH Model

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ParameterValuet-statistic
m

window

Rolling window length

71
α

ARCH

Response to squared shocks

0.1392
6.01***
β

GARCH

Volatility persistence

0.7283
21.20***
γ

leverage

Additional response to negative shocks

-0.0954
-4.00***
λ₁

tau intercept

Baseline long-term coefficient

0.0312
3.38***
λ₂

forecast adj.

Forecast performance sensitivity

0.9357
10.92***
λ₃

tau persistence

Long-term factor persistence

0.0000
0.00

Persistence:

0.820

Half-life:

3 days