Exchange Rate Forecasting Using Entropy Optimized Multivariate Wavelet Denoising Model

Table 1

Descriptive statistics and statistical tests.

Statistics	𝑃Euro	𝑃RMB	𝑟Euro	𝑟RMB
Mean	1.3706	0.1503	0	0.0001
Max	1.6010	0.1636	0.0461	0.0059
Min	1.1957	0.1315	−0.0303	−0.0087
Std	0.0877	0.0079	0.0071	0.0011
Skewness	0.5550	−0.2730	0.2650	−0.1982
Kurtosis	2.6664	2.4969	5.6767	9.4280
𝑝JB	0.0010	0.0010	0.0010	0.0010