### 3rd equation from the bottom on page 38

##### October 22, 2011

My FM320 student Ken Starling pointed out a missing + in the 3rd equation from the bottom on page 38, it should be $$\sigma^2= E(\omega+\alpha Y_{t-1}^2 +\beta \sigma_{t-1}^2) =\omega+\alpha \sigma^2 +\beta \sigma^2. $$

##### Financial Risk Forecasting

Market risk forecasting with R, Julia, Python and Matlab. Code, lecture slides, implementation notes, seminar assignments and questions.© All rights reserved, Jon Danielsson,