Period | Mean QMC | Mean LSMC | t-Value | p-Value |
In-Sample | 47.66% | 46.78% | 0.39 | 0.70 |
Out-Sample | 46.44% | 53.25% | −2.11 | 0.04 |
All Periods | 47.27% | 48.86% | −0.86 | 0.40 |