مقایسهٔ روش‌ها

	مدل نوسان‌پذیری تصادفی (هستون)	مدل GARCH (پیش‌بینی نوسانات)
حوزه	مالی	اقتصادسنجی
خانواده	Regression model	Regression model
سال پیدایش	1993	1986
پدیدآور	Steven L. Heston	Tim Bollerslev
نوع	Continuous-time stochastic volatility model	Conditional volatility model
منبع بنیادین	Heston, S. L. (1993). A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options. Review of Financial Studies, 6(2), 327-343.	Bollerslev, T. (1986). Generalized Autoregressive Conditional Heteroskedasticity. Journal of Econometrics, 31(3), 307–327.
نام‌های دیگر	Heston model, SV model, continuous-time stochastic volatility, Stokastik Volatilite Modeli (Heston, SV)	GARCH, GARCH(1,1), conditional volatility model, GARCH Modeli (Oynaklık Tahmini)
مرتبط	5	5
خلاصه	The stochastic volatility model is a continuous-time option-pricing and risk framework in which volatility follows its own random process rather than staying constant. The Heston model, introduced by Steven Heston in 1993, gives the variance a mean-reverting square-root (CIR) dynamic and yields a closed-form option price; it is the continuous-time counterpart of GARCH.	The Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model, introduced by Tim Bollerslev in 1986, models the time-varying conditional variance of a financial time series. It captures volatility clustering and the ARCH effect, and is the standard tool for estimating risk and volatility in return series.