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S&P 500 Growth Index GAS-GARCH Student T Volatility Analysis

Volatility prediction for Friday, July 31st, 2026

1 Day

23.96%

increased by 3.93%

1 Week

23.89%

increased by 3.86%

1 Month

23.63%

increased by 3.60%

Analysis last updated: Thursday, July 30, 2026 at 11:06 PM UTC

Date Range:

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to

6M ·

1Y ·

2Y ·

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10Y ·

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graph of S&P 500 Growth Index GAS-GARCH-T

News Impact Curve

How returns affect tomorrow's volatility

Volatility Forecast

How volatility evolves over time

Parameter Estimates

Oct 29, 1992 to Jul 24, 2026

Model Insight

With persistence 0.991, volatility shocks have a half-life of 77 trading days (~0.3 years), close to a unit root, so long-run forecasts are highly sensitive to this estimate. Returns follow a Student-t distribution with v = 7.53 degrees of freedom, capturing fatter tails than a normal distribution.

𝑓

GAS-GARCH-T Model

Tap to view equation

ParameterValuet-statistic
ω

const

Unconditional variance weight

1.5346
5.89***
α

ARCH

Response to squared shocks

0.0880
38.43***
β

GARCH

Volatility persistence

0.9910
604.26***
ν

DF

Student-t tail thickness

7.5260
7.22***

Persistence:

0.991

Half-life:

77 days