Table 8.
ARCH-LM test: number of rejections
Indices/stocks | # Rejections | # Obs | % |
---|---|---|---|
&P 500 | 3360 | 8797 | 38.19 |
DJIA | 3592 | 8797 | 40.83 |
NASDAQ | 3864 | 8797 | 43.92 |
354 | 1911 | 18.52 | |
AMAZON | 982 | 5689 | 17.26 |
TESLA | 303 | 2387 | 12.69 |
APPLE | 1729 | 8797 | 19.65 |
NETFLIX | 375 | 4427 | 8.47 |
713 | 3863 | 18.46 |