{"product_id":"comparing-the-accuracy-forecasts-from-competing-garch-models-von-ahmed-shamiri","title":"Comparing the Accuracy Forecasts from Competing GARCH models","description":"\u003cp\u003eThis book unlocks the door to many major questions  regarding forecasting financial markets. We propose  and analyze a distance measure using Kullback- Leibler Information Criterion (KLIC) as a unified  statistical test of evaluating, comparing the  predictive abilities of possibly misspecified  density forecast models, and to assess which  volatility and\/or distribution are statistically  more appropriate to mimic the time series behavior  of a return series. The purpose is to determine  which GARCH model (volatility) combined with  conditional distribution, that allows for time  varying variance in a process can adequately  represent daily return volatility.  The book will be a useful reference for researchers  and practitioners in business, finance and insurance  facing Value at Risk, volatility modeling, and  analysis of serially correlated data. This book is  also a useful text of financial time series for  students with finance concentration in business,  economics, mathematics and statistics who are  interest in financial econometrics.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838328515\"\u003e\u003ch3\u003eAn Application to Asian Financial Markets\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838328515","offer_id":39498949066845,"sku":"9783838328515","price":68.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/cbd6fe7f-484c-4e31-8001-29e3b38adfca.jpg?v=1757826175","url":"https:\/\/shop.autorenwelt.de\/products\/comparing-the-accuracy-forecasts-from-competing-garch-models-von-ahmed-shamiri","provider":"Autorenwelt Shop","version":"1.0","type":"link"}