Table 3. AIC and SIC values in different... | Emerald Publishing

Table 3.

AIC and SIC values in different models

Index	Criterion	GARCH	EGARCH	APARCH	TARCH
Greenex	AIC	−6.434100	−6.482426	−6.484254	−6.475841
Greenex	SIC	−6.416746	−6.461601	−6.459958	−6.455016
Carbonex	AIC	−6.531836	−6.598045	−6.600936	−6.580708
Carbonex	SIC	−6.514481	−6.577219	−6.576640	−6.559882
Large-Cap	AIC	−6.554108	−6.621336	−6.625703	−6.603397
Large-Cap	SIC	−6.536753	−6.600510	−6.601406	−6.582571
Mid-Cap	AIC	−6.281648	−6.328805	−6.331593	−6.321649
Mid-Cap	SIC	−6.264294	−6.307979	−6.307296	−6.300824
Small-Cap	AIC	−6.273857	−6.307427	−6.315872	−6.308541
Small-Cap	SIC	−6.256502	−6.286602	−6.291576	−6.287716

Index	Criterion	GARCH	EGARCH	APARCH	TARCH
Greenex	AIC	−6.434100	−6.482426	−6.484254	−6.475841
Greenex	SIC	−6.416746	−6.461601	−6.459958	−6.455016
Carbonex	AIC	−6.531836	−6.598045	−6.600936	−6.580708
Carbonex	SIC	−6.514481	−6.577219	−6.576640	−6.559882
Large-Cap	AIC	−6.554108	−6.621336	−6.625703	−6.603397
Large-Cap	SIC	−6.536753	−6.600510	−6.601406	−6.582571
Mid-Cap	AIC	−6.281648	−6.328805	−6.331593	−6.321649
Mid-Cap	SIC	−6.264294	−6.307979	−6.307296	−6.300824
Small-Cap	AIC	−6.273857	−6.307427	−6.315872	−6.308541
Small-Cap	SIC	−6.256502	−6.286602	−6.291576	−6.287716

Source: Author’s calculation