Exchange Rate Forecasting Using Entropy Optimized Multivariate Wavelet Denoising Model

Table 6

Performance evaluation based on MSE.

	MSE (×10^−5)	𝑃CW,RW	𝑃CW,VAR
VRW	2.9557	N/A	0.1017
VAR	2.9518	N/A	N/A
MWVARMSE	2.9481	0.0796	0.1537
MWVAREntropy	2.9472	0.0671	0.1222