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Godsgift Chilaka Njoku

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Open access Sep 2026

The Role of Innovation Distributions in Forecasting Brent Crude Oil Volatility Using Univariate GARCH Models

This study investigates the impact of different error distributions on the performance of univariate GARCH-family models in modeling and forecasting the volatility of Brent crude oil returns from January 2014 to May 2025. Descriptive analysis reveals pronounced fluctuations, volatility clustering, and asymmetric beh...

Godsgift Chilaka Njoku · 0 citations

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