1\begin{table}[htbp]\centering\small2\caption{Pilot: mean QLIKE of the cumulative-return forecast by horizon (minutes)}3\label{tab:pilot_qlike}4\begin{adjustbox}{max width=\textwidth}5\begin{tabular}{lcccc}6\toprule7Model & $H=5$ & $H=15$ & $H=30$ & $H=60$ \\8\midrule9Random walk (trailing RMS) & -12.2257 {\scriptsize[-12.3178, -12.1596]} & -11.1533 {\scriptsize[-11.2401, -11.0897]} & -10.4887 {\scriptsize[-10.5793, -10.4175]} & -9.8406 {\scriptsize[-9.9332, -9.7624]} \\10Seasonal volatility & -12.2920 {\scriptsize[-12.3894, -12.2129]} & -11.2513 {\scriptsize[-11.3428, -11.1728]} & -10.5779 {\scriptsize[-10.6915, -10.4757]} & -9.9214 {\scriptsize[-10.0410, -9.7987]} \\11EWMA-$t$ & -12.3513 {\scriptsize[-12.4446, -12.2879]} & -11.2694 {\scriptsize[-11.3655, -11.1970]} & -10.5883 {\scriptsize[-10.6943, -10.4946]} & -9.9160 {\scriptsize[-10.0290, -9.8066]} \\12HAR-RV & -12.1470 {\scriptsize[-12.2239, -12.0901]} & -11.2943 {\scriptsize[-11.3878, -11.2244]} & -10.6226 {\scriptsize[-10.7295, -10.5224]} & -9.9662 {\scriptsize[-10.0817, -9.8512]} \\13GARCH(1,1)-$t$ & -12.2942 {\scriptsize[-12.3709, -12.2370]} & -11.2004 {\scriptsize[-11.2765, -11.1401]} & -10.5054 {\scriptsize[-10.5824, -10.4418]} & -9.8003 {\scriptsize[-9.8737, -9.7338]} \\14Ridge & -12.2552 {\scriptsize[-12.3603, -12.1812]} & -11.2941 {\scriptsize[-11.3918, -11.2170]} & -10.6272 {\scriptsize[-10.7378, -10.5233]} & -9.9758 {\scriptsize[-10.0940, -9.8584]} \\15Elastic net & -12.2548 {\scriptsize[-12.3600, -12.1809]} & -11.2939 {\scriptsize[-11.3912, -11.2171]} & -10.6267 {\scriptsize[-10.7372, -10.5234]} & -9.9754 {\scriptsize[-10.0932, -9.8582]} \\16LightGBM & -11.4179 {\scriptsize[-12.2249, -10.0142]} & -11.2735 {\scriptsize[-11.3780, -11.1820]} & -10.6105 {\scriptsize[-10.7277, -10.4929]} & -9.9563 {\scriptsize[-10.0820, -9.8276]} \\17MLP (1m) & -12.3618 {\scriptsize[-12.4518, -12.2955]} & -11.2871 {\scriptsize[-11.3792, -11.2155]} & -10.6191 {\scriptsize[-10.7215, -10.5273]} & -9.9619 {\scriptsize[-10.0740, -9.8521]} \\18TCN (1m) & -12.3654 {\scriptsize[-12.4536, -12.3014]} & -11.2927 {\scriptsize[-11.3824, -11.2237]} & -10.6227 {\scriptsize[-10.7252, -10.5337]} & -9.9655 {\scriptsize[-10.0753, -9.8600]} \\19MRPT-S (1m+5m+30m) & -12.3700 {\scriptsize[-12.4544, -12.3090]} & -11.2950 {\scriptsize[-11.3832, -11.2276]} & -10.6232 {\scriptsize[-10.7242, -10.5365]} & -9.9672 {\scriptsize[-10.0756, -9.8626]} \\20MRPT-S (1m only) & -12.3634 {\scriptsize[-12.4469, -12.3042]} & -11.2893 {\scriptsize[-11.3782, -11.2208]} & -10.6177 {\scriptsize[-10.7201, -10.5289]} & -9.9615 {\scriptsize[-10.0720, -9.8533]} \\21\bottomrule22\end{tabular}23\end{adjustbox}24\begin{minipage}{0.95\textwidth}\scriptsize Cluster-bootstrap (trading-day) 95\% intervals in brackets.\end{minipage}25\end{table}