
Can GARCH models reveal hidden structure in volatility across asset classes?
New analysis: fitted GARCH & EGARCH to SPY, TLT, GLD, USO, and BTC over 10 years. Key finding — gold's leverage effect runs *opposite* to equities.
Full results + Python code:
jonathankinlay.com/2026/02/volati…
#MachineLearning #QuantFinance #GARCH
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