V-Lab
Howmet Aerospace Inc GJR-GARCH Volatility Analysis
Volatility prediction for Monday, August 24th, 2026
1 Day
33.04%
decreased by 0.53%
1 Week
33.14%
decreased by 0.43%
1 Month
33.52%
decreased by 0.05%
Analysis last updated: Friday, August 21, 2026 at 10:47 PM UTC
News Impact Curve
How returns affect tomorrow's volatilityVolatility Forecast
How volatility evolves over timeParameter Estimates
Jan 2, 1990 to Aug 21, 2026Model Insight
This asset exhibits a strong leverage effect: negative returns increase next-day volatility 249% more than equivalent positive returns.
σ
GJR-GARCH Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 0.0571 | 13.96*** |
α ARCH Response to squared shocks | 0.0186 | 11.36*** |
β GARCH Volatility persistence | 0.9482 | 677.28*** |
γ leverage Additional response to negative shocks | 0.0464 | 11.38*** |
Persistence:
0.990
Half-life:
69 days
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