's history. An almost similar dramatic change in intraday volatility was observed on April 4, 2000 when DJIA dropped by 4 … intraday asset volatility. There are numerous models available in the finance literature to model financial asset volatility …) volatility of the financial assets. The family of basic GARCH models work well for modelling daily volatility but they are proven …

(SEM). We utilized several forecasting approaches ranging from standard conditional volatility models to wavelet …