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Betapro Nasdaq-100 -2X D ETF GJR-GARCH Volatility Analysis

Volatility prediction for Tuesday, September 29th, 2026

1 Day

30.34%

increased by 3.16%

1 Week

31.25%

increased by 4.07%

1 Month

34.29%

increased by 7.11%

Analysis last updated: Tuesday, September 29, 2026 at 09:06 AM UTC

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graph of Betapro Nasdaq-100 -2X D ETF GJR-GARCH

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Jun 18, 2008 to Sep 25, 2026

Model Insight

This asset shows a rare inverse leverage effect: volatility responds almost entirely to positive returns, rising far more after gains than after losses. This is the reverse of the usual leverage effect, rare among risky assets.

σ

GJR-GARCH Model

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Inverse leverage: volatility responds almost entirely to positive returns
ParamValuet-stat
ωconst0.1782
4.35***
αARCH0.2009
6.16***
βGARCH0.8795
73.52***
γleverage-0.1964
-5.69***

0.982

Persistence

38d

Half-life
σ

GJR-GARCH Model

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ParameterValuet-statistic
ω

const

Unconditional variance weight

0.1782
4.35***
α

ARCH

Response to squared shocks

0.2009
6.16***
β

GARCH

Volatility persistence

0.8795
73.52***
γ

leverage

Additional response to negative shocks

-0.1964
-5.69***

Persistence:

0.982

Half-life:

38 days