Table 4.
Goodness-of-prediction measures.
| 2010 | 2016 | |||
|---|---|---|---|---|
| NML | Simple | NML | Simple | |
| Kullback-Leibler Divergence | 0.351 | 0.212 | 0.659 | 0.271 |
| Mean Squared Error | 9.820E–06 | 5.330E–06 | 1.330E–04 | 2.510E–05 |
| Average Share Error | 0.001127 | 0.000842 | 0.004599 | 0.002967 |
| Right Direction | 63% | 72% | ||