| ARMA(1,0) | ARMA(1,1) | ARMA(1,2) | ARMA(2,0) | ARMA(2,1) | ARMA(2,2) | ARMA(1,02) | ARMA(02,1) | |
| AR(1) | −0.50874 | −0.05557 | 0.29933 | −0.64463 | −0.01228 | 0.57645 | −0.73376 | |
| t | −12.77415 | −0.85427 | 0.45947 | −14.45381 | −0.14956 | 1.68284 | −18.84584 | |
| AR(2) | −0.26895 | 0.05811 | 0.09442 | 0.06469 | ||||
| t | −6.03118 | 0.8608 | 1.4445 | 1.20387 | ||||
| MA(1) | −0.68065 | −1.02404 | −0.72371 | −1.3133 | −0.7325 | |||
| t | −14.28484 | −1.58035 | −10.94085 | −3.85247 | −19.87107 | |||
| MA(2) | 0.23591 | 0.39894 | −0.48636 | |||||
| t | 0.51588 | 1.58018 | −9.71852 | |||||
| AIC | −1.53572 | −1.66764 | −1.66409 | −1.60739 | −1.66567 | −1.66164 | −1.66712 | −1.66991 |
| SC | −1.52686 | −1.64991 | −1.6375 | −1.58963 | −1.63903 | −1.62612 | −1.64939 | −1.65216 |
| R-squared | 0.25893 | 0.35328 | 0.35376 | 0.31239 | 0.35409 | 0.35425 | 0.35295 | 0.35406 |