Forecasting of Global Market Prices of Major Financial Instruments

Table 4

Parameters estimation ML method for ARIMA models.

Variable	Model	Parameter	SE
AD	ARIMA (0,1,1)	Θ1 −0.0311	0.0417
C	ARIMA (0,1,1)	Θ1 −0.0054	0.0394
CL	ARIMA (0,1,2)	Θ1 −0.0263	0.0409
		Θ2 −0.1298	0.0406
ES	ARIMA (1,1,1)	Φ1 0.6646	0.1718
		Θ1 −0.7243	0.1566
FC	ARIMA (0,1,1)	Θ1 0.0830	0.0427
GC	ARIMA (0,1,1)	Θ1 −0.0138	0.0388
KC	ARIMA (1,1,1)	Φ1 0.3661	0.7755
		Θ1 −0.3540	0.7865
US	ARIMA (0,1,1)	Θ1 −0.0430	0.0402