Stock trading volume not enough to predict market volatility, study finds.
The study looked at how GARCH models can help understand stock market trends in Sweden. They found that using the number of trades or volume of trade can affect the GARCH model's accuracy for some companies, but the GARCH effect still remains significant for many companies. This means that GARCH modeling is still important for predicting volatility in financial markets, even when considering trade volume and number of trades.