Table 5 Correlogram test (upto 24 lags)
From: The volatility of returns from commodity futures: evidence from India
Commodity futures → | Potato | Mentha oil | Crude oil | Gold | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Contract types → | Near | Next Near | Far | Near | Next Near | Far | Near | Next Near | Far | Near | Next Near | Far |
Residuals are serially correlated | No | No | Yes | Yes | Yes | No | No | No | No | No | No | No |