forecasting ability of three more sophisticated models (two GARCH models and a two-state Markov switching model) and two simple …

performance and on this basis different types of these models have been used in forecasting. Now, there is this question that … which kind of these models has more explanatory power in forecasting the future processes of the stock. In line with this …, the present paper made a comparison between static and dynamic neural network models in forecasting the return of Tehran …

Based on a recursive forecasting approach, this research studies whether macro- economic factors help to forecast … included in the optimal forecasting model, that their relative importance often differs from their importance for forecasting a … broad stock-market index, and that their informational content for forecasting excess returns seems to undergo temporal …