Modeling Markov Switching ARMA-GARCH Neural Networks Models and an Application to Forecasting Stock Returns

Table 1

Daily returns in ISE 100 index, basic statistics.

Mean	Median	Mode	Minimum	Maximum	Standard deviation	Skewness	Kurtosis
0.001725	0.001421	0.0000001	−0.19979	0.217108	0.028795	0.071831	4.207437