Table 3: Estimation results of the HAR-ARV model.

(1 day) (1 week) (1 month)
CoefficientStd. error CoefficientStd. error CoefficientStd. error

0.00210.03170.1475***0.05320.3474***0.0708
0.3658***0.04360.2469***0.04230.1420***0.0267
0.2082***0.06260.2151***0.07340.1813***0.0618
0.3196***0.05220.3830***0.06930.3889***0.0773

Adj- 0.56420.60880.5445