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V-Lab
V-Lab

Defiance 2x Daily Long Pure Drone and Aerial Automation ETF GAS-GARCH Student T Volatility Analysis

Inactive

Last recorded values (Friday, August 28th, 2026):

1 Day

139.41%

1 Week

139.41%

1 Month

139.41%

Analysis last updated: Wednesday, September 2, 2026 at 07:01 PM UTC

Date Range:

from

to

6M ·

All

graph of Defiance 2x Daily Long Pure Drone and Aerial Automation ETF GAS-GARCH-T

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Mar 3, 2026 to Aug 27, 2026
Hessian SE

Model Insight

With persistence 0.996, volatility shocks have a half-life of 159 trading days (~0.6 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate. Returns follow a Student-t distribution with v = 8.29 degrees of freedom, capturing fatter tails than a normal distribution.

𝑓

GAS-GARCH-T Model

Tap to view equation

High persistence: persistence 0.996, shock half-life ~159 daysv = 8.29 · fat tails
ParamValuet-stat
ωconst77.1183
0.21
αARCH0.0000
0.00
βGARCH0.9956
1.00
νDF8.2885
0.09

0.996

Persistence

159d

Half-life
𝑓

GAS-GARCH-T Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

77.1183
0.21
α

ARCH

Response to squared shocks

0.0000
0.00
β

GARCH

Volatility persistence

0.9956
1.00
ν

DF

Student-t tail thickness

8.2885
0.09

Persistence:

0.996

Half-life:

159 days