Research ArticleOpen accessIn the keywordsThe Gaussianity Evaluations of Malaysian Stock Return VolatilityChin Wen CheongWe study the distribution of standardized returns by using various frequencies data. The empirical standardized returns are obtained by using the unobserved and observable daily volatility. Our empirical results evidence the realized-standardized returns follow nearest to a Gaussian distribution. On the other hand, the standardized returns using daily closing and range-based data are able to reduce but not fully eliminate … …American Journal of Applied Sciences, Vol. 5, Issue 2 · 28 Feb 2008 · 7,078 accessesView PDFCite