Table 1: Comparison of the Monte Carlo MSEs for the various modeling techniques in example  1.

Model type IMSLVR MSF+LVR EWMA+LVR MF+LVR LVR


RCCA 0.8971 0.9616 1.4573 1.5973 3.6553
PLS 0.9512 1.0852 1.4562 1.6106 3.6568
PCR 0.9586 1.0675 1.4504 1.6101 3.6904


RCCA 0.5719 0.6281 0.9184 1.0119 1.8694
PLS 0.5930 0.6964 0.9325 1.0239 1.8733
PCR 0.6019 0.6823 0.9211 1.0240 1.8876


RCCA 0.3816 0.4100 0.5676 0.6497 0.9395
PLS 0.3928 0.4507 0.5994 0.6733 0.9423
PCR 0.3946 0.4443 0.5872 0.6670 0.9508