Dependent Variable: USD_P_R

Method: Least Squares

Date: 04/03/07 Time: 19:42

Sample (adjusted): 7/25/2005 3/26/2007

Included observations: 409 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.

USD_P_R(-1)

-0.015533

0.024765

-0.627207

0.5309

R-squared

-0.039363

Mean dependent var

-0.000114

Adjusted R-squared

-0.039363

S.D. dependent var

0.000570

S.E. of regression

0.000581

Akaike info criterion

-12.06059

Sum squared resid

0.000138

Schwarz criterion

-12.05077

Log likelihood

2467.390

Durbin-Watson stat

2.050635

Dependent Variable: USD_P_R

Method: ML - ARCH (Marquardt) - Normal distribution

Date: 04/03/07 Time: 19:54

Sample (adjusted): 7/25/2005 3/26/2007

Included observations: 409 after adjustments

Convergence achieved after 22 iterations

Variance backcast: ON

GARCH = C(2) + C(3)*RESID(-1)^2 + C(4)*GARCH(-1)

Coefficient

Std. Error

z-Statistic

Prob.

USD_P_R(-1)

0.001912

0.009894

0.193279

0.8467

Variance Equation

C

7.16E-10

9.41E-10

0.760838

0.4468

RESID(-1)^2

0.095530

0.020215

4.725767

0.0000

GARCH(-1)

0.912720

0.017237

52.95051

0.0000

R-squared

-0.040627

Mean dependent var

-0.000114

Adjusted R-squared

-0.048336

S.D. dependent var

0.000570

S.E. of regression

0.000584

Akaike info criterion

-12.37310

Sum squared resid

0.000138

Schwarz criterion

-12.33385

Log likelihood

2534.300

Durbin-Watson stat

2.086351