V-Lab
ServiceNow Inc Zero Slope Spline-GARCH Volatility Analysis
Volatility prediction for Wednesday, August 26th, 2026
1 Day
45.54%
decreased by 1.75%
1 Week
45.33%
decreased by 1.96%
1 Month
44.77%
decreased by 2.52%
Analysis last updated: Tuesday, August 25, 2026 at 09:48 PM UTC
News Impact Curve
How returns affect tomorrow's volatilityVolatility Forecast
How volatility evolves over timeParameter Estimates
Jun 29, 2012 to Aug 21, 2026Model Insight
This model fits a time-varying baseline (a spline), so volatility mean-reverts toward a slowly-shifting long-run level rather than a constant. Short-run deviations decay with a half-life of 10 trading days.
τ
Zero Slope Spline-GARCH Model
Tap to view equation
| Parameter | Value | t-statistic |
|---|---|---|
ω const Unconditional variance weight | 1.3797 | 6.92*** |
α ARCH Response to squared shocks | 0.0686 | 4.94*** |
β GARCH Volatility persistence | 0.8669 | 29.84*** |
Spline Coefficients
K=2
| γ1 | 0.0225 | 2.08** |
| γ2 | -0.0269 | -1.97** |
Persistence:
0.935
Half-life:
10 days
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