This study compared the performance of five Family Generalized Auto-Regressive Conditional Heteroscedastic (fGARCH) models (sGARCH, gjrGARCH, iGARCH, TGARCH and NGARCH) in the presence of high positive autocorrelation. To achieve this, financial time series was simulated with autocorrelated coefficients as ρ = (0.8, 0.85, 0.9, 0.95, 0.99), at different time series lengths (as 250, 500, 750, 1000, 1250, 1500) and each trial was repeated 1000 times carried out in R environment using rugarch package. And the performance of the preferred model was judged using Root Mean Squared Error (RMSE) and Mean Absolute Error (MAE). Results from the simulation revealed that these GARCH models performances varies with the different autocorrelation values and at different time series lengths. But in the overall, NGARCH model dominates with 62.5% and 59.3% using RMSE and MAE respectively. We therefore recommended that investors, financial analysts and researchers interested in stock prices and asset return should adapt NGARCH model when there is high positive autocorrelation in the financial time series data.

Through this study, we established equations for estimating the standing tree carbon stock, based on 24 tree species in multiple size classes in a case study at the Ngao Demonstration Forest (NDF) in northern Thailand. Four hundred thirty-nine wood samples from trees in mixed deciduous forest (MDF), dry dipterocarp forest (DDF), and dry evergreen forest (DEF), were collected using non-destructive methods to estimate above-ground carbon equations through statistical regression. The equations were established based on four criteria: 1) the coefficient of determination (R2), 2) Standard error of estimate (SE), 3) F-value, and 4) Significant value (p-value, α ≤ 0.05). The above-ground carbon stock (C) equations for standing trees in the MDF was C = 0.0199DBH2.1887H0.5825, for DDF was C = 0.0145DBH2.1435 H0.748, for DEF was C = 0.0167DBH2.1423H0.7070, and the general equation for all species/wood density groups was C = 0.017543DBH2.1625H0.6614, where DBH is tree diameter at breast height and H is tree total height. The above-ground carbon stock in the DDF, MDF, and DEF was 142, 53.02, and, 12 tons/ha, respectively, and the estimated above-ground carbon stock in the Mae Huad sector at the NDF was 61 tons/ha.

Canola is the major oilseed crop of Canada. The de-oiled material is an important by-product due to its rich phenolic profile and high protein content. This co-processing stream from canola is primarily utilized as animal feed but represents an invaluable source of nutraceuticals. Microwave-assisted solvent extraction (MAE), as a green extraction method, has received considerable attention in recent times. The ease of use and application of many solvents at the same time makes the MAE one of the best methods for studying multiple solvents at the same time. The formation of canolol, from sinapine and sinapic acid, is primarily dependant on temperature which favors the decarboxylation reaction. Hence, MAE using green extractants can be used to enhance the yield of canolol. This study examined the effects of different pre-treatment temperature-time combinations of 140, 150, 160, and 170℃ for 5, 10, 15, 20 and 30 minutes on the extraction of canolol and other canola endogenous phenolic compounds. Three antioxidant assays assessed the antioxidant activity of the different extracts obtained by MAE confirming the microwave as a novel and versatile instrument for enhancing the yield of canolol. Improvements in the antioxidant activity of the different extracts further established the efficacy of the current method for isolating important natural phenolic derivatives for utilization by the nutraceutical industry.