Mean Eqn

Variance Eqn

Country

µ

R_{country I} (−1)

R_USA (−1)

ω

α

Υ

β

BANG

0.0010 (0.00)

0.2410** (0.09)

−0.1800 (0.10)

-

-

-

-

IND

−0.0007 (0.00)

0.1102** (0.05)

0.0973** (0.04)

−0.7140 (47.57)

17.7858 (487.63)

9.7858 (266.57)

0.1290 (0.43)

NEP

0.0023 (0.01)

−0.0074 (0.09)

0.3341 (0.32)

-

-

-

-

PAK

−0.0001 (0.00)

0.1770** (0.07)

0.0101 (0.02)

−1.1792** (0.41)

1.1152 (0.81)

0.2928 (0.25)

0.9097** (0.04)

SRI

−0.0006 (0.00)

0.2936** (0.07)

0.0255 (0.03)

−3.6150 (371.23)

13.5762 (2566.67)

0.7313 (138.01)

0.0177 (0.29)