| (1) Beta 2 | (2) Beta 2 | (3) Beta 2 | (4) Beta 2 | (5) Beta 2 | (6) Beta 2 |
rCons | 0.0119** | 0.0118** |
|
| 0.0123 | 0.0110 |
(2.13) | (2.05) |
|
| (1.25) | (0.98) | |
rAccu |
|
| 0.0095 |
| −0.0006 | −0.0038 |
|
| (1.62) |
| (−0.06) | (−0.22) | |
rMSE |
|
|
| 0.0105* |
| 0.0044 |
|
|
| (1.80) |
| (0.22) | |
Exper |
| 0.0025 | 0.0024 | 0.0024 | 0.0025 | 0.0025 |
| (0.64) | (0.61) | (0.61) | (0.64) | (0.64) | |
Horizon 2 |
| 2.12e−06 | 2.04e−06 | 2.13e−06 | 2.05e−06 | 2.04e−06 |
| (0.27) | (0.26) | (0.27) | (0.26) | (0.26) | |
Cover |
| −0.0001 | −0.0001 | −0.0001 | −0.0001 | −0.0001 |
| (−0.63) | (−0.63) | (−0.62) | (−0.63) | (−0.63) | |
cons | 0.0062** | 0.0017 | 0.0031 | 0.0026 | 0.0017 | 0.0017 |
(2.02) | (0.19) | (0.34) | (0.28) | (0.19) | (0.19) | |
N | 2965 | 2965 | 2965 | 2965 | 2965 | 2965 |
R-sq | 0.002 | 0.002 | 0.001 | 0.001 | 0.002 | 0.002 |
AIC | −7317 | −7311 | −7310 | −7310 | −7309 | −7307 |
BIC | −7305 | −7281 | −7280 | −7280 | −7273 | −7265 |
T statistics are in parentheses *p < 0.1, **p < 0.05, ***p < 0.01 |