Time Series Analysis, Stochastic Process, Volatility, Data Science.
Oil Price($\$$ per Barrel)') plt.savefig('Fig_2:oilprice.png', dpi=600) plt.show() Plot of Brent oil price in $/Barrel— Reference: Author Now, we can use the two functions we wrote (mle_opt and compare_model) to estimate the parameters of the GARCH(1,1) model and then compare the model to real