Descriptive statistics of the conditional volatilities of energy futures over the period from April 01, 2013 to June 30, 2017
| Statistics | Crude oil WTI futures | Gasoline RBOB futures | Brent oil futures | London gas oil futures | Natural gas futures | Heating oil futures |
|---|---|---|---|---|---|---|
| Mean | 0.224920 | 0.202788 | 0.203877 | 1.450375 | 0.253481 | 0.226089 |
| Median | 0.120076 | 0.104748 | 0.104522 | 1.501029 | 0.142713 | 0.117483 |
| Maximum | 4.366355 | 2.036215 | 2.063271 | 1.915823 | 4.033767 | 4.401629 |
| Minimum | 0.117797 | 0.083400 | 0.083408 | 0.018251 | 0.125083 | 0.110723 |
| Std. dev | 0.327739 | 0.261505 | 0.265991 | 0.287328 | 0.331635 | 0.349105 |
| Skewness | 6.128089 | 4.432570 | 4.444322 | −2.737581 | 6.390406 | 7.303020 |
| Kurtosis | 56.17645 | 26.87798 | 26.96459 | 12.07254 | 58.25295 | 74.75871 |
| Jarque–Bera | 133,139.1 | 29,004.48 | 29,208.39 | 5,020.227 | 143,792.6 | 239,755.1 |
| Probability* | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| Observations | 1,073 | 1,073 | 1,073 | 1,073 | 1,073 | 1,073 |
| Statistics | Crude oil WTI futures | Gasoline RBOB futures | Brent oil futures | London gas oil futures | Natural gas futures | Heating oil futures |
|---|---|---|---|---|---|---|
| Mean | 0.224920 | 0.202788 | 0.203877 | 1.450375 | 0.253481 | 0.226089 |
| Median | 0.120076 | 0.104748 | 0.104522 | 1.501029 | 0.142713 | 0.117483 |
| Maximum | 4.366355 | 2.036215 | 2.063271 | 1.915823 | 4.033767 | 4.401629 |
| Minimum | 0.117797 | 0.083400 | 0.083408 | 0.018251 | 0.125083 | 0.110723 |
| Std. dev | 0.327739 | 0.261505 | 0.265991 | 0.287328 | 0.331635 | 0.349105 |
| Skewness | 6.128089 | 4.432570 | 4.444322 | −2.737581 | 6.390406 | 7.303020 |
| Kurtosis | 56.17645 | 26.87798 | 26.96459 | 12.07254 | 58.25295 | 74.75871 |
| Jarque–Bera | 133,139.1 | 29,004.48 | 29,208.39 | 5,020.227 | 143,792.6 | 239,755.1 |
| Probability* | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| Observations | 1,073 | 1,073 | 1,073 | 1,073 | 1,073 | 1,073 |
Notes:
This table reports the conditional volatilities of the energy futures (crude oil WTI, gasoline RBOB, Brent oil, London gas oil, natural gas and heating oil), over the period of study from April 01, 2013 to June 30, 2017. Statistical significance at the 1% level is denoted by*