ongoing coronavirus pandemic. The out-of-sample tests corroborate the evidence for the in-sample predictability. Furthermore …. These results complement the existing literature on industry return predictability and have potential implications for asset …

notable result in the out-of-sample predictability is the predictability of the returns on value-weighted portfolio by gold … unrestricted model is significant in improving out-of-sample predictability of the portfolio returns using gold. From the empirical … analyses, we can conclude that in-sample predictability cannot guarantee out-of-sample predictability and vice versa. This may …

predictability via advance notice of their work schedule and premium payments for short-notice changes, and (2) access to hours …