GARCH modeling ( Beach & Orlov, 2007; Duqi, Franci, & Torluccio, 2014; Palomba, 2008 ), the application of learning algorithms ( Didenko & Demicheva, 2013 ) as well as run- ning Monte-Carlo simulation ( Chiarawongse, Kiatsupaibul, Tirapat, & Roy, 2012 ).