International records / OpenAlex research

Unraveling the Dynamics of Nigerian Stock Market: A Deep Dive into Volatility and Daily Stock Returns

This study investigates the volatility dynamics of daily stock market returns in Nigeria through advanced econometric models, specifically the Exponential Generalized Autoregressive Conditional Heteroskedasticity (EGARCH) model. Daily closing price data from the Nigerian Exchange Group (NGX), covering the period from June 30, 2015, to October 25, 2024, was analyzed to assess volatility persistence, clustering, and asymmetric responses to economic shocks. Findings revealed high volatility persistence and significant asymmetry, with negative shocks exerting a stronger impact on volatility than p…

Files

PDF · 528.4 KB · text indexed, 71,171 characters
SHA-256 8b83758a4b56d9e5738cef6e3de8dceb976693ed92baf42d2c4bcbfdcf87ef66
from https://iiardjournals.org/get/JAFM/VOL. 11 NO. 8 2025/UNRAVELING THE DYNAMICS 498-518.pdf
Open Download

Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	JOURNAL OF ACCOUNTING AND FINANCIAL MANAGEMENT
Date	2026-08-17
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.56201/jafm.vol.11.no8.2025.pg498.518
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W7203608864`

Cite this record

Unraveling the Dynamics of Nigerian Stock Market: A Deep Dive into Volatility and Daily Stock Returns. OpenAlex research, 2026. Vero Archive, record openalex:W7203608864.