The supremacy of ARIMA over GARCH and ARFIMA models in modelling of Autocorrelated Kerosene-Type Jet Fuel Prices
In response to the increasing and unpredictable volatility in energy markets, particularly in the price of jet fuel, robust predictive models have become essential for effective decision-making and risk management. This study, therefore, offers an in-depth comparison of various models, including ARIMA, GARCH-family (su...