*** Mon, 25 Jul 2016 13:48:53 ***
PORTMANTEAU TEST (H0:Rh=(r1,...,rh)=0)

tested order:             16 
test statistic:           47.8463 
 p-value:                 0.5602  
adjusted test statistic:  53.4707 
 p-value:                 0.3425  
degrees of freedom:       50.0000 

*** Mon, 25 Jul 2016 13:48:53 ***
LM-TYPE TEST FOR AUTOCORRELATION with 5 lags

LM statistic:             14.4330 
 p-value:                 0.8079  
 df:                      20.0000 

*** Mon, 25 Jul 2016 13:48:53 ***
TESTS FOR NONNORMALITY

Reference: Doornik & Hansen (1994)
joint test statistic:     2.2794  
 p-value:                 0.6845  
degrees of freedom:       4.0000  
skewness only:            0.2422  
 p-value:                 0.8860  
kurtosis only:            2.0372  
 p-value:                 0.3611  

Reference: Lütkepohl (1993), Introduction to Multiple Time Series Analysis, 2ed, p. 153
joint test statistic:     2.0208  
 p-value:                 0.7319  
degrees of freedom:       4.0000  
skewness only:            0.2670  
 p-value:                 0.8750  
kurtosis only:            1.7539  
 p-value:                 0.4161  

*** Mon, 25 Jul 2016 13:48:53 ***
JARQUE-BERA TEST

variable        teststat   p-Value(Chi^2)  skewness   kurtosis  
u1              0.5649     0.7539         -0.0341     2.6436   
u2              2.0538     0.3581         -0.1097     3.6561   

*** Mon, 25 Jul 2016 13:48:53 ***
ARCH-LM TEST with 16 lags

variable        teststat   p-Value(Chi^2)  F stat     p-Value(F)
u1              15.4552    0.4916          1.1746     0.3096   
u2              26.4312    0.0483          2.3728     0.0070   

*** Mon, 25 Jul 2016 13:48:53 ***
MULTIVARIATE ARCH-LM TEST with 5 lags

VARCHLM test statistic:   77.4668 
 p-value(chi^2):          0.0019  
 degrees of freedom:      45.0000 

