Forecasting the Covolatility of Coffee Arabica and Crude Oil Prices: A Multivariate GARCH Approach with High-Frequency Data

Table 3

General summary statistics for Arabica coffee and crude oil series.

Statistics	Coffee market		Crude oil market
	Mean	145.8668	0.0458	80.9327	0.0119
Median	132.7250	0	76.1950	0.1327
Maximum	299.3500	9.6800	144.4900	10.449
Minimum	88.2000	−7.538	28.9400	−15.451
Std.dev.	43.3636	2.229	26.1545	2.3639
Skewness	1.4120	0.0359	0.1347	−0.6890
Kurtosis	4.4545	3.6941	1.7781	7.2470
Jarque–Bera	144.8500 (0.001)	8.2600 (0.016)	488.0200 (0.001)	107.4100 (0.001)

Values below the Jarque–Bera statistics are -values at 5% of significance level.