Left

α

5%

SIN

MAL

HK

INDO

SK

PH

TH

CH

TW

IN

GARCH

2.55%

2.16%

4.48%

3.41%

3.29%

3.23%

3.50%

4.89%

2.85%

4.36%

APARCH

2.70%

2.28%

ˉ

3.38%

2.96%

3.26%

3.35%

4.92%

2.96%

1.36%

GJR

2.70%

2.16%

4.59%

3.32%

2.10%

3.14%

3.35%

4.83%

2.85%

4.12%

FIGARCH

3.08%

3.56%

4.62%

3.59%

3.08%

3.17%

4.92%

5.69%

4.09%

4.74%

FIAPARCH

3.62%

4.24%

6.55%

ˉ

ˉ

2.64%

5.19%

5.63%

3.70%

6.34%

GPD

5.60%

4.62%

5.48%

5.28%

4.48%

4.71%

4.68%

5.75%

5.01%

5.10%