test statistic for SPA in OxEdit 4

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juji

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Jun 24, 2009, 5:53:37 AM6/24/09
to Testing for Superior Predictive Ability
hi, i'm doing a research using SPA, using OxEdit 4.

i'm new with Ox, so forgive me if the question seems ridiculuous..

i notice in OxEdit, that there are 2 test statistics to be used:

1. TestStatScaledMax
2. TestStatMax

my problem is, i don't know which test statistic to be used.
thus, my questions are:

1. what does TestStatScaledMax and TestStatMax do?

2. if i am to test the performance of stock trading rules (technical
analysis trading rules vs. buy-and-hold), which test statistics shoudl
i use?

that's all, thanks before...
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