spb/wp46_uqo

1\begin{tabular}{lccccccccc}2\toprule3 & \multicolumn{3}{c}{$h=1$} & \multicolumn{3}{c}{$h=5$} & \multicolumn{3}{c}{$h=22$} \\4\cmidrule(lr){2-4}\cmidrule(lr){5-7}\cmidrule(lr){8-10}5Model & ratio & 90\% CI & W/L/N & ratio & 90\% CI & W/L/N & ratio & 90\% CI & W/L/N \\6\midrule7Beta-t-EGARCH-t & 1.040 & [1.00, 1.10] & 1/0/42 & 1.028 & [0.98, 1.09] & 1/0/42 & 0.986 & [0.95, 1.03] & 1/0/42 \\8FIAPARCH(1,d,1)-N & 0.987 & [0.97, 1.01] & 2/1/42 & 0.957*** & [0.93, 0.98] & 4/0/42 & 0.940*** & [0.91, 0.97] & 3/0/42 \\9FIAPARCH(1,d,1)-t & 0.969** & [0.94, 0.99] & 1/0/42 & 0.931** & [0.88, 0.96] & 2/0/42 & 0.939*** & [0.90, 0.97] & 2/0/42 \\10FIEGARCH(1,d,1)-N & 1.059* & [1.02, 1.12] & 1/0/42 & 1.056 & [1.00, 1.13] & 0/0/42 & 1.008 & [0.96, 1.07] & 0/0/42 \\11FIEGARCH(1,d,1)-t & 1.034 & [0.99, 1.09] & 1/0/42 & 1.260*** & [1.12, 1.27] & 1/2/42 & 1.892*** & [1.45, 1.82] & 1/5/42 \\12GARCH-MIDAS-N & 0.986*** & [0.98, 0.99] & 3/0/42 & 0.997 & [0.99, 1.01] & 1/0/42 & 1.016 & [1.00, 1.03] & 1/0/42 \\13GARCH-MIDAS-t & 0.985*** & [0.98, 0.99] & 1/0/42 & 0.990 & [0.97, 1.00] & 1/1/42 & 1.002 & [0.96, 1.03] & 1/2/42 \\14HYGARCH(1,d,1)-N & 0.979** & [0.97, 0.99] & 3/0/42 & 0.965** & [0.94, 0.98] & 1/1/42 & 0.979 & [0.95, 1.00] & 0/0/42 \\15HYGARCH(1,d,1)-t & 0.971*** & [0.95, 0.98] & 3/1/42 & 0.956** & [0.92, 0.98] & 2/1/42 & 0.976 & [0.93, 1.00] & 1/1/42 \\16Realized EGARCH(1,1)-N & 0.852*** & [0.81, 0.88] & 30/1/42 & 0.837*** & [0.76, 0.88] & 25/1/42 & 0.928*** & [0.89, 0.96] & 2/1/42 \\17Realized EGARCH(1,1)-t & 0.878*** & [0.83, 0.90] & 28/2/42 & 3.918*** & [3.09, 3.61] & 4/18/42 & 8.083*** & [6.59, 7.32] & 0/28/42 \\18Smooth-transition GARCH-N & 1.001 & [0.98, 1.02] & 1/0/42 & 0.999 & [0.98, 1.02] & 1/0/42 & 0.986 & [0.96, 1.00] & 1/0/42 \\19Smooth-transition GARCH-t & 0.995 & [0.97, 1.01] & 1/0/42 & 0.988 & [0.96, 1.01] & 1/0/42 & 0.975* & [0.94, 1.00] & 1/1/42 \\20\bottomrule21\end{tabular}22