International records / OpenAlex research

Multivariate Volatility Modelling of Stock Prices For Some Selected Nigerian Solid Minerals

The need to provide an acceptable model and forecast for stock prices of solid minerals in Nigeria is valuable for investors and analysts. It will empower them to better understand and manage the associated risks in stock price movements. This study aimed to model and forecast the volatility of stock prices of solid minerals, like gold, tin, and zinc. The data utilized in this study was sourced from the Central Bank of Nigeria and Nigeria Stock Exchange. It is the monthly stock prices for selected solid minerals like; Gold, Tin, and Zinc. Multivariate GARCH models such as the VECH, BEKK, Diago…