Research Article
A Personalized Mean-CVaR Portfolio Optimization Model for Individual Investment
Table 6
ARCH test results for the six financial assets.
| | ARCH-LM (1) | Q-stat | Prob |
| | China Bonds 0303 | 90.646 | 0.000 | | Apple | 8.8870 | 0.003 | | Suning | 97.153 | 0.000 | | CNPC | 21.733 | 0.000 | | EEM | 31.297 | 0.000 | | SPY | 67.920 | 0.000 |
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