The article compares different models to predict volatility in the financial markets of BRICS countries. They used data from 1999 to 2018 and found that the GJR model performed the best, while the SV model had better forecasting results than the GARCH(1,1) model. The EGARCH model also showed lower values in loss functions. The researchers suggest that more research should be done using different distributions to improve accuracy in predicting asset returns.