C-Vine

Pair-Copula

Par

Par2

D-Vine

Pair-Copula

Par

Par2

1,2

Student t

0.91

3.44

1,2

Student t

0.91

3.44

1,3

SBB1

0.23

2.69

2,3

Student t

0.88

3.54

1,4

SBB1

0.24

1.93

3,4

SBB1

0.31

1.80

2,3|1

Student t

0.42

5.50

1,3|2

SG

1.29

0.00

2,4|1

SBB8

1.42

0.92

2,4|3

Student t

0.29

22.47

3,4|2,1

Student t

0.18

15.30

1,4|2,3

SBB7

1.16

0.10

Loglike

3267.965

Loglike

3257.191

AIC

−6511.93

AIC

6492.382

BIC

−6448.414

BIC

−6434.159