MétaCan
Menu
Back to cohort
Record W2613537159 · doi:10.6000/1927-5129.2017.13.36

Modelling the Stochastic Behavior of the Pakistan Stock Exchange

2017· article· en· W2613537159 on OpenAlexvenueno aff
Abida Hafeez

Bibliographic record

VenueJournal of Basic & Applied Sciences · 2017
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicFinancial Risk and Volatility Modeling
Canadian institutionsnot available
Fundersnot available
KeywordsAutoregressive conditional heteroskedasticityStock exchangeEconometricsArchEconomicsStock (firearms)Stock marketFinancial economicsVolatility (finance)FinanceEngineeringGeography

Abstract

fetched live from OpenAlex

This research study examines the stochastic behaviour of stock returns in the Pakistan stock exchange (PSX) using the KSE 100 index daily return data from 2011 to 2016. Methodology is based on ARCH family of models such as ARCH, GARCH, GARCH-M EGARCH, EGARCH-M and TARCH/GJR GARCH. These specifications have been used to model the stochastic behaviour of stock return in the Pakistan stock exchange. The most appropriate model is selected on the basis of SIC and AIC selection criteria. Diagnostic checking includes ARCH-LM test and Ljung-Box Q-Statistics. This research study concludes that EGARCH (1, 1) specification explains the stochastic behaviour of the Pakistan stock exchange better than other models undertaken. The results of the study have well-grounded policy implications for market regulators, policy makers and investors.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.299
Threshold uncertainty score0.735

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.097
GPT teacher head0.288
Teacher spread0.191 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2017
Admission routes1
Has abstractyes

Explore more

Same venueJournal of Basic & Applied SciencesSame topicFinancial Risk and Volatility ModelingFrench-language works237,207