S&P

FTSE

DAX

CAC

SMI

EURO

S&P_TSX

N225

KOSPI

HSI

BSESN

SSE

Dist.

Student-t distribution

AIC

2.749

2.861

3.269

3.329

2.792

3.337

2.636

3.492

2.963

3.371

3.279

3.696

BIC

2.762

2.874

3.282

3.342

2.805

3.350

2.649

3.506

2.977

3.385

3.293

3.709

skewed Student-t distribution

AIC

2.741

2.855

3.264

3.325

2.785

3.334

2.610

3.482

2.955

3.369

3.279

3.690

BIC

2.756

2.870

3.279

3.339

2.801

3.349

2.626

3.498

2.971

3.385

3.294

3.707

Generalized error distribution

AIC

2.739

2.856

3.262

3.328

2.795

3.334

2.635

3.489

2.957

3.367

3.282

3.687

BIC

2.752

2.869

3.275

3.341

2.808

3.347

2.649

3.502

2.970

3.380

3.295

3.701