SENSEX (−1)

0.050047

0.021099

2.372018

0.0177

Variance Equation

C

0.00000266

4.86E−07

5.473139

0.0000

RESID (−1)²

0.090125

0.007557

11.92541

0.0000

GARCH (−1)

0.898554

0.008385

107.1577

0.0000

Method: ML-ARCH (Marquardt)-Normal distribution

GARCH = C (4) + C (5) × RESID (−1)² + C (6) × GARCH (−1)

Variable

Coefficient

Std. Error

z-Statistic

Prob.

C

0.000669

0.000212

3.156594

0.0016

CRUDE

0.103232

0.009654

10.69267

0.0000