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V-Lab

Pacer S&P 500 Quality FCF R&D Leaders ETF MF2-GARCH Volatility Analysis

Volatility prediction for Monday, July 27th, 2026

1 Day

10.25%

decreased by 3.08%

1 Week

182,834,116.29%

increased by 182,834,102.96%

1 Month

225,745,910,261,958,000,000,000,000,000,000,000,000.00%

increased by 225,745,910,261,958,000,000,000,000,000,000,000,000.00%

Analysis last updated: Saturday, July 25, 2026 at 02:18 AM UTC

Date Range:

from

to

6M ·

All

graph of Pacer S&P 500 Quality FCF R&D Leaders ETF MF2-GARCH

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Jan 14, 2026 to Jul 24, 2026
Boundary Parameters

Model Insight

This asset shows a rare inverse leverage effect: positive returns raise next-day volatility 205% more than negative returns. Volatility rises more after gains than after losses, the reverse of the usual leverage effect and uncommon among risky assets.

σ

MF2-GARCH Model

Tap to view equation

ParameterValuet-statistic
m

window

Rolling window length

41
α

ARCH

Response to squared shocks

0.7440
116.96***
β

GARCH

Volatility persistence

0.0000
0.07
γ

leverage

Additional response to negative shocks

-0.5000
-71.77***
λ₁

tau intercept

Baseline long-term coefficient

0.0000
0.02
λ₂

forecast adj.

Forecast performance sensitivity

0.3616
40.53***
λ₃

tau persistence

Long-term factor persistence

0.0000
0.29

Persistence:

0.494

Half-life:

1 days