Dependent Variable: DX

Method: ARMA Maximum Likelihood (BFGS)

Date: 08/28/23 Time: 12:36
Sample: 1961 2011
Included observations: 51
Convergence achieved after 10 iterations
Coefficient covariance computed using outer product of gradients

Variable Coefficient Std. Error t-Statistic Prob.

C 0.453181 0.256995 1.763383 0.0845

MA(1) 0.258508 0.185411 1.394247 0.1699
MA(2) -0.019334 0.144819 -0.133507 0.8944
MA(3) -0.518015 0.110290 -4.696836 0.0000
SIGMASQ 4.233453 0.599951 7.056334 0.0000

R-squared 0.286839 Mean dependent var 0.425168

Adjusted R-squared 0.224825 S.D. dependent var 2.460672
S.E. of regression 2.166474 Akaike info criterion 4.498094
Sum squared resid 215.9061 Schwarz criterion 4.687489
Log likelihood -109.7014 Hannan-Quinn criter. 4.570467
F-statistic 4.625396 Durbin-Watson stat 1.984665
Prob(F-statistic) 0.003191

Inverted MA Roots .73 -.50+.68i -.50-.68i