QLIKE

VF003 · Volatility forecasting and options · Lesson 3 of 8. Nine interactive steps, each with its own guided explanation.

Why MSE misjudges volatility forecasts. QLIKE punishes missing a storm more than crying wolf, and stays robust to noisy proxies.

Every step uses real market data. This is education about models and their assumptions, not financial advice.

Loss curves comparing QLIKE and squared error for under- and over-forecasts of volatility.

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