# Professor Robert Engle's method for statistical modeling of volatility in financial markets is cited

1 Faculty News June 3, 2019 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](https://www.marketwatch.com/story/one-of-the-markets-great-technical-stock-analysts-folds-up-his-newsletter-charts-2019-06-03?mod=love-money) -- "The Nobel Prize-winning economist whose work confirms Bollinger’s core insight is [Robert Engle](https://www.stern.nyu.edu/faculty/bio/robert-engle) of New York University. He was awarded the prize in 2003 (along with the late Clive Granger) for developing a statistical understanding of why and how a security’s volatility changes over time."

[Read more](https://www.marketwatch.com/story/one-of-the-markets-great-technical-stock-analysts-folds-up-his-newsletter-charts-2019-06-03?mod=love-money)