Model

Mean SBIC

Standard Deviation

Minimum

Maximum

ARMA(1,1)

1137.79

209.74

819.66

1549.13

ARX(1)

1131.82

209.95

808.75

1544.21

GARCH(1,1)

1120.21

199.63

818.98

1491.85

ARMAX(1,1)

1135.76

207.31

816.75

1540.81

GARCHX(1,1)

1128.58

198.73

824.87

1497.83

AR(2)

1137.5

210.52

819.66

1551.65

ARMA(2,1)

1141.15

210.55

823.16

1554.48

ARMA(2,2)

1165.62

203.57

823.99

1562.5

ARMA(2,3)

1148.32

210.24

829.4

1564.27