*** Mon, 25 Jul 2016 13:41:39 ***
PORTMANTEAU TEST (H0:Rh=(r1,...,rh)=0)

tested order:             16 
test statistic:           47.5770 
 p-value:                 0.5712  
adjusted test statistic:  52.5065 
 p-value:                 0.3771  
degrees of freedom:       50.0000 

*** Mon, 25 Jul 2016 13:41:39 ***
LM-TYPE TEST FOR AUTOCORRELATION with 5 lags

LM statistic:             22.9164 
 p-value:                 0.2929  
 df:                      20.0000 

*** Mon, 25 Jul 2016 13:41:39 ***
TESTS FOR NONNORMALITY

Reference: Doornik & Hansen (1994)
joint test statistic:     0.6897  
 p-value:                 0.9526  
degrees of freedom:       4.0000  
skewness only:            0.1654  
 p-value:                 0.9206  
kurtosis only:            0.5243  
 p-value:                 0.7694  

Reference: Lütkepohl (1993), Introduction to Multiple Time Series Analysis, 2ed, p. 153
joint test statistic:     0.5506  
 p-value:                 0.9684  
degrees of freedom:       4.0000  
skewness only:            0.1476  
 p-value:                 0.9288  
kurtosis only:            0.4030  
 p-value:                 0.8175  

*** Mon, 25 Jul 2016 13:41:39 ***
JARQUE-BERA TEST

variable        teststat   p-Value(Chi^2)  skewness   kurtosis  
u1              0.1473     0.9290          0.0926     3.0035   
u2              0.6764     0.7130          0.0088     3.3966   

*** Mon, 25 Jul 2016 13:41:39 ***
ARCH-LM TEST with 16 lags

variable        teststat   p-Value(Chi^2)  F stat     p-Value(F)
u1              18.8623    0.2759          1.5052     0.1226   
u2              27.0631    0.0408          2.4552     0.0052   

*** Mon, 25 Jul 2016 13:41:39 ***
MULTIVARIATE ARCH-LM TEST with 5 lags

VARCHLM test statistic:   73.3027 
 p-value(chi^2):          0.0049  
 degrees of freedom:      45.0000 

