forecasting errors in realized volatility are substantive. Even though returns standardized by ex post quadratic variation …

under the Basel Accord: A Bayesian approach to forecasting value-at-risk of VIX futures, fast clustering of GARCH processes … dynamics of BRICS's country risk ratings and domestic stock markets, U.S. stock market and oil price, forecasting value …

forecasting errors in realized volatility are substantive. Even though returns standardized by ex post quadratic variation …