Crude Oil Spot Price Forecasting Using Ivanov-Based LASSO Vector Autoregression

Table 1

Brief description of Ivanov-based LASSO-VAR structures.

I-LV st.	Penalty	Selection target
I-sLV		Individual entries
I-lLV		Lags
I-cLV		Causality
I-lsLV		Lags and individual entries within lags
I-ooLV		Lags diagonal (diag ()) and off-diagonal entries ()