In this paper, we examine the predictive ability, both in-sample and the out-of-sample, for South African stock returns … out-of-sample period of 1997:01 to 2010:04. We use the t-statistic corresponding to the slope coefficient in a predictive … regression model for in-sample predictions, while for the out-of-sample, the MSE-F and the ENC-NEW tests statistics with good …

We evaluate the usefulness of bias-correction methods for autoregressive (AR) models in enhancing the out-of-sample …

prices of all these composite indices provide the empirical sample for discussing and comparing the relative out-of-sample …

spending growth over the recent 2003:1–2011:4 out-of-sample period. The forecasting models are based on the Accelerator … investment spending growth over the recent 2003:1–2011:4 out-of-sample period. The results from this study point to the important …

We provide one of the first comprehensive studies on out-of-sample stock returns predictability in Australia. While … most of the empirically well-known predictive variables fail to generate out-of-sample predictability, we document a … significant out-of-sample prediction in forecasting ahead one-year and, to a lesser extent, one-quarter future excess returns …