Volatility forecasting is an important process required to measure variability in equity prices, risk management, and several other financial activities. Generalized autoregressive conditional heteroscedastic methods <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$(\textit{GARCH})$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <mo stretchy="false">(</mo> <mi mathvariant="italic">GARCH</mi> <mo stretchy="false">)</mo> </mrow> </math> </EquationSource> </InlineEquation> have been used to forecast volatility...</equationsource></equationsource></inlineequation>