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V-Lab

National Stock Exchange CNX Nifty Index GAS-GARCH Student T Volatility Analysis

Volatility prediction for Wednesday, September 16th, 2026

1 Day

11.29%

increased by 1.51%

1 Week

11.57%

increased by 1.79%

1 Month

12.62%

increased by 2.84%

Analysis last updated: Tuesday, September 15, 2026 at 03:41 PM UTC

Date Range:

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to

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2Y ·

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10Y ·

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graph of National Stock Exchange CNX Nifty Index GAS-GARCH-T

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Jul 2, 1990 to Sep 11, 2026

Model Insight

With persistence 0.999, volatility shocks have a half-life of 637 trading days (~2.5 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate. Returns follow a Student-t distribution with v = 7.59 degrees of freedom, capturing fatter tails than a normal distribution.

𝑓

GAS-GARCH-T Model

Tap to view equation

High persistence: persistence 0.999, shock half-life ~637 daysv = 7.59 · fat tails
ParamValuet-stat
ωconst12.1947
1.59
αARCH0.0865
19.85***
βGARCH0.9989
1,346.24***
νDF7.5889
3.28***

0.999

Persistence

637d

Half-life
𝑓

GAS-GARCH-T Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

12.1947
1.59
α

ARCH

Response to squared shocks

0.0865
19.85***
β

GARCH

Volatility persistence

0.9989
1,346.24***
ν

DF

Student-t tail thickness

7.5889
3.28***

Persistence:

0.999

Half-life:

637 days