Volatility forecasting using global stochastic financial trends extracted from non-synchronous data

dc.contributor.authorGrigoryeva, Lyudmila
dc.contributor.authorOrtega, Juan-Pablo
dc.contributor.authorPeresetsky, Anatoly
dc.date.accessioned2018-02-06T12:01:33Z
dc.date.available2018-02-06T12:01:33Z
dc.date.issued2018-01eng
dc.description.abstractA method based on various linear and nonlinear state space models used to extract global stochastic financial trends (GST) out of non-synchronous financial data is introduced. These models are constructed in order to take advantage of the intraday arrival of closing information coming from different international markets so that volatility description and forecasting is improved. A set of three major asynchronous international stock market indices is considered in order to empirically show that this forecasting scheme is capable of significant performance gains when compared to standard parametric models like the dynamic conditional correlation (DCC) family.eng
dc.description.versionpublishedde
dc.identifier.doi10.1016/j.ecosta.2017.01.003eng
dc.identifier.urihttps://kops.uni-konstanz.de/handle/123456789/41245
dc.language.isoengeng
dc.subjectMultivariate volatility modeling and forecasting Global stochastic trend Extended Kalman filter Dynamic conditional correlations (DCC) Non-synchronous dataeng
dc.subject.ddc510eng
dc.titleVolatility forecasting using global stochastic financial trends extracted from non-synchronous dataeng
dc.typeJOURNAL_ARTICLEde
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@article{Grigoryeva2018-01Volat-41245,
  year={2018},
  doi={10.1016/j.ecosta.2017.01.003},
  title={Volatility forecasting using global stochastic financial trends extracted from non-synchronous data},
  volume={5},
  journal={Econometrics and Statistics},
  pages={67--82},
  author={Grigoryeva, Lyudmila and Ortega, Juan-Pablo and Peresetsky, Anatoly}
}
kops.citation.iso690GRIGORYEVA, Lyudmila, Juan-Pablo ORTEGA, Anatoly PERESETSKY, 2018. Volatility forecasting using global stochastic financial trends extracted from non-synchronous data. In: Econometrics and Statistics. 2018, 5, pp. 67-82. eISSN 2452-3062. Available under: doi: 10.1016/j.ecosta.2017.01.003deu
kops.citation.iso690GRIGORYEVA, Lyudmila, Juan-Pablo ORTEGA, Anatoly PERESETSKY, 2018. Volatility forecasting using global stochastic financial trends extracted from non-synchronous data. In: Econometrics and Statistics. 2018, 5, pp. 67-82. eISSN 2452-3062. Available under: doi: 10.1016/j.ecosta.2017.01.003eng
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kops.sourcefieldEconometrics and Statistics. 2018, <b>5</b>, pp. 67-82. eISSN 2452-3062. Available under: doi: 10.1016/j.ecosta.2017.01.003deu
kops.sourcefield.plainEconometrics and Statistics. 2018, 5, pp. 67-82. eISSN 2452-3062. Available under: doi: 10.1016/j.ecosta.2017.01.003deu
kops.sourcefield.plainEconometrics and Statistics. 2018, 5, pp. 67-82. eISSN 2452-3062. Available under: doi: 10.1016/j.ecosta.2017.01.003eng
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source.periodicalTitleEconometrics and Statisticseng

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