|
| Short Term | Medium Term | Long Term | |||||||||
|
| T = 8 | T = 16 | T = 32 | T = 64 | T = 128 | T = 256 | ||||||
| Models | RMSE | MAE | RMSE | MAE | RMSE | MAE | RMSE | MAE | RMSE | MAE | RMSE | MAE |
| VAR(2) | - | - | - | - | 5% | 11% | 16% | 20% | 27% | 26% | 31% | 33% |
| BVAR1 | 37% | 53% | 20% | 24% | - | - | 1% | 3% | 7% | 6% | 13% | 14% |
| BVAR2 | 7% | 2% | 9% | 14% | 15% | 12% | 20% | 18% | 10% | 11% | 10% | 7% |
| BVAR3 | 12% | 11% | 6% | 4% | 6% | 8% | 2% | 4% | 7% | 7% | 6% | 5% |
| BVAR4 | 44% | 34% | 65% | 58% | 74% | 69% | 61% | 55% | 49% | 50% | 40% | 41% |