Subsequent Years Would See Further Declines

We regress in a sliding window manner and document the evolution of the normalized coefficients during 2016-2019, as shown in Determine 12. Word that at each time point, the coefficient of Market Maker OVI dominates, by having a magnitude of 0.3-0.75. Generally, the Market Maker OVI seems to have a higher weight for the later… Continue reading Subsequent Years Would See Further Declines