Economics Research International / 2017 / Article / Tab 5

Research Article

Forecasting Performance of Lumber Futures Prices

Table 5

Sign test results.

Forecast horizonSign test frequencyBinomial
value

2 months70/1120.005
4 months67/1120.024
6 months67/1120.024
8 months66/1120.036

hypothesis: probability of same sign is greater than 0.5.