*An Econometric Investigation of Market Volatility and Efficiency: A Study of Small… DOI: http://dx.doi.org/10.5772/intechopen.94119*

For the standard GARCH model the results are (computed as T• R2) 0.109 (p = 0.74) and (T• R2) 0.043 (p = 0.834) for the TGARCH model. These trivial p- values thus suggest a dismissal of the null hypothesis that the results maintain ARCH impact. In summary, our diagnostic test battery overall indicates that models are stated correctly.
