Parameters

AR (1)-GARCH (1, 1)

Z-Statistic

Prob

The Mean Equations

0.0011

7.5509

0.0000

0.6558

16.8504

0.0000

0.0032

0.4219

The Conditional Variance Equations

0.00000007

0.5635

31.9568

0.0000

0.4363

24.7967

0.0000

0.5736

Student Distribution Parameter

3.3461

10.5507

0.0000

R²

0.16

AIC

−7.1608

SIC

−7.0693

HQC

−7.1237

DW

2.2

SQ-Stat (20)

0.4929

1.0000

ARCH Test

0.0171

0.8963