basis in the simulation results a simple framework is proposed and illustrated. -- Return variability forecasting … ; financial volatility ; explanatory modelling …

obtained from discrete time models by comparing them with high-frequency ex post estimates (e.g. realised volatility) based on … variability are studied. Second, based on the simulation results a simple but general framework is proposed and illustrated. The … illustration provides an example of where an explanatory model outperforms realised volatility ex post. -- Financial variability …

basis in the simulation results a simple framework is proposed and illustrated …