USDINR

EURINR

Alternative hypothesis : (Two-tailed)

Loss function

DM-statistic

P-value

DM-statistic

P-value

Squared loss function

−0.8566

0.3942

0.1967

0.8446

Absolute loss function

−0.1535

0.8784

3.2474

0.0017

Alternative hypothesis: Forecast accuracy of EGARCH(1,1) is greater

3.2474

0.0008