Table 12 The Diebold-Mariano statistics for 10-day forecast of WTI/BRENT/ORB, for the alternative hypothesis that Method-10 is better in terms of accuracy versus the method of choice
From: A hybrid Bayesian-network proposition for forecasting the crude oil price
| Â | WTI | BRENT | ORB |
|---|---|---|---|
Method-1 | 1.93 (0.04) | 1.39 (0.09) | 1.45 (0.08) |
Method-2 | 1.99 (0.03) | 1.39 (0.09) | 2.80 (0.01) |
Method-3 | 2.17 (0.02) | 1.38 (0.09) | 5.89 (0.00) |
Method-4 | 3.32 (0.00) | 1.44 (0.09) | 3.47 (0.00) |
Method-5 | 1.85 (0.04) | 1.41 (0.08) | 1.55 (0.07) |
Method-6 | 1.05 (0.01) | 0.06 (0.10) | 0.33 (0.03) |
Method-7 | 2.20 (0.02) | 0.87 (0.20) | 1.90 (0.04) |
Method-8 | 4.56 (0.00) | 2.35 (0.02) | 3.06 (0.00) |
Method-9 | 2.70 (0.01) | 2.48 (0.01) | 3.14 (0.00) |