---
title: Predictive Model Performance in Covid-19 and Russian-Ukrainian War
url: https://www.ml-quant.com/papers/repec/pfq-journl-v-69-y-2023-i-2-p-118-132/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:pfq:journl:v:69:y:2023:i:2:p:118-132
source_url: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Funipub.lib.uni-corvinus.hu%2F8457%2F%3Bh%3Drepec%3Apfq%3Ajournl%3Av%3A69%3Ay%3A2023%3Ai%3A2%3Ap%3A118-132
featured: 2023-10-12
citations: unknown
topic: Derivatives & Volatility
---


# Predictive Model Performance in Covid-19 and Russian-Ukrainian War

The study explores the use of artificial intelligence in predicting stock market trends in volatile situations, showing its superior performance over linear regression, particularly after the Russian-Ukrainian war.

- Source: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Funipub.lib.uni-corvinus.hu%2F8457%2F%3Bh%3Drepec%3Apfq%3Ajournl%3Av%3A69%3Ay%3A2023%3Ai%3A2%3Ap%3A118-132
- Identifier: RePEc:pfq:journl:v:69:y:2023:i:2:p:118-132
- Released: 2023-10-12
- First featured: Quant Letter No. 20 (2023-10-12): https://www.ml-quant.com/issues/2023-10-12/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

## Related

- [Stock Market Volatility in China: Geopolitical Risks](https://www.ml-quant.com/papers/ssrn/4566710/): Geopolitical Risks: The study explores how investor sentiment and geopolitical risks affect Chinese stock market volatility, showing these factors increase industry stock market volatility in both positive and negative markets.
- [Geopolitical Risks & Stock Market Volatility: ML Insights](https://www.ml-quant.com/papers/repec/eee-finana-v-89-y-2023-i-c-s1057521923002545/): ML Insights: The research uses machine learning to analyze how geopolitical risks, such as military actions, affect US stock market volatility, finding that these models can offer significant financial advantages.
- [Geopolitical Risk and Oil Price Volatility](https://www.ml-quant.com/papers/ssrn/4937728/): The paper investigates the influence of geopolitical risks on oil price volatility over the last 30 years, demonstrating that oil price changes are significantly affected by geopolitical risks and that the proposed model is superior to linear specifications in predicting oil price volatility.
- [Hedge Fund Strategies](https://www.ml-quant.com/papers/repec/eee-ecofin-v-74-y-2024-i-c-s1062940824001657/): The study reveals that hedge funds with higher fees and minimum investments are better at hedging geopolitical risks, while global macro hedge funds excel at timing.
- [Event-Driven Connectedness](https://www.ml-quant.com/papers/ssrn/5050777/): The research identifies 21 significant historical events that increased volatility in oil-based commodity prices, with geopolitical events having a more consistent impact than economic or natural events.
- [US Sector Stock Volatility and Geopolitical Risk](https://www.ml-quant.com/papers/ssrn/5104488/): US sectoral stock market volatility is significantly affected by different geopolitical risk categories, with sectors reacting more to terror threats than actual terror acts or war escalations.
