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CBOE Gold Volatility Index GAS-GARCH Student T Volatility Analysis

Volatility prediction for Wednesday, September 16th, 2026

1 Day

75.48%

decreased by 5.89%

1 Week

76.80%

decreased by 4.57%

1 Month

79.94%

decreased by 1.43%

Analysis last updated: Wednesday, September 16, 2026 at 12:04 AM UTC

Date Range:

from

to

6M ·

1Y ·

2Y ·

5Y ·

10Y ·

All

graph of CBOE Gold Volatility Index GAS-GARCH-T

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Jun 3, 2008 to Sep 11, 2026

Model Insight

Volatility shocks decay with a half-life of 8 trading days, meaning a shock loses half its impact after approximately 8 days. Returns follow a Student-t distribution with v = 5.15 degrees of freedom, capturing fatter tails than a normal distribution.

𝑓

GAS-GARCH-T Model

Tap to view equation

Shock decay: Shocks decay with a 8-day half-lifev = 5.15 · fat tails
ParamValuet-stat
ωconst28.0790
3.04***
αARCH0.1056
4.63***
βGARCH0.9213
34.49***
νDF5.1547
1.31

0.921

Persistence

8d

Half-life
𝑓

GAS-GARCH-T Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

28.0790
3.04***
α

ARCH

Response to squared shocks

0.1056
4.63***
β

GARCH

Volatility persistence

0.9213
34.49***
ν

DF

Student-t tail thickness

5.1547
1.31

Persistence:

0.921

Half-life:

8 days