Prediction of China Securities Green Bond Index Based on ARMA-GARCH Model
In this paper,the daily closing price of China Securities Green Bond Index from November 1,2018 to December 29,2023 is selected,and the ARMA-GARCH model is established by Eviews10.0 to predict the change trend of its time series,and corresponding conclusions are drawn.The empirical results are as follows.The ARMA-GARCH model can be effectively applied to predict the future trend of the green bond market,in which the static prediction results are better than the dynamic prediction,and the closing price of the green bond index generally shows an upward trend in the future.This is of great significance for investors to reduce investment risks and explore investment opportunities,so that investors can better formulate investment strategies,control risks and obtain higher returns.
green bondARMA-GARCH modeltime series modelgreen bond index
NETL
NSTL
万方数据
