Fig. 1From: To jump or not to jump: momentum of jumps in crude oil price volatility predictionModel selection between the HAR-RV and HAR-CJ during the out-of-sample forecasting period. The HAR-RV or HAR-CJ model is selected by the MoJ strategy when its past forecasting performance is relatively good. A selected (discarded) model at each forecast step is shown as a blue (white) barBack to article page