This plot account for the return including the volatility bands

The plot shows all share returns for the period of study.

The plot displays NSE all share prices between 2012 and 2025. There is an indication of upward movement over the period. This plot was created by David Umolo as part of his PhD thesis requirements. A dynamic System that is being modelled using APPFHMM. On this system, the underlying market regimes are being evaluated.

This accounts for the daily contribution on the basis of year as observed in the series. The interactive dashboard allows for multiple comparison and individualistic view.

The upper tail as estimated from the system tail parameter is presented in the plot.