ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7190

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3577

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [704.656,-829.047] 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6075

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
minIAR=22.294 Fcutoff= 2.072 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6616

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
minIAR=22.278 Fcutoff= 2.072 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6410

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
minIAR=22.239 Fcutoff= 2.072 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6477

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
The best solution for coefficients: beta_f= 0.668 ,beta_r= 1.000, minIAR = 22.203 and MAX-P = 1.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6820

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
The best solution for coefficients: beta_f= 0.584 ,beta_r= 1.004, minIAR = 22.682 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6648

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
The best solution for coefficients: beta_f= 0.651 ,beta_r= 1.001, minIAR = 22.239 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.9589

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
The best solution for coefficients: beta_f= 0.628 ,beta_r= 1.000, minIAR = 39.836 and MAX-P = 0.000 
minIAR
{Undefined function or variable 'fsample1'.

Error in <a href="matlab:helpUtils.errorDocCallback('minIAR', '/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/output/minIAR.m', 4)" style="font-weight:bold">minIAR</a> (<a href="matlab: opentoline('/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/output/minIAR.m',4,0)">line 4</a>)
fsample1; % 0 = full sample (1962Q1 to 2005Q3); 1= subsample (1980Q1 to 2005 Q3) 2= subsample (1985Q1 to
2005 Q3)
} 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6353

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
The best solution for coefficients: beta_f= 0.980 ,beta_r= 1.023, minIAR = 40.986 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6218

{Undefined function or variable 'npar'.

Error in <a href="matlab:helpUtils.errorDocCallback('minIAR', '/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/output/minIAR.m', 608)" style="font-weight:bold">minIAR</a> (<a href="matlab: opentoline('/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/output/minIAR.m',608,0)">line 608</a>)
fprintf('Max NO. of Particles= %4.1f ,Max NO. of iterations= %4.1f , parameter %4.0f \n',M,loop,npar);
} 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6785

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.666 ,beta_r= 1.000, minIAR = 20.588 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6424

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.798 ,beta_r= 1.006, minIAR = 53.316 and MAX-P = 0.000 
minIAR
Using real-time output
the first 6 factors

time =

    0.6793

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.728 ,beta_r= 1.000, minIAR = 40.532 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    0.6214

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.987 ,beta_r= 1.000, minIAR = 15.069 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.7021

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.983 ,beta_r= 1.010, minIAR = 44.254 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.6612

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.623 ,beta_r= 1.005, minIAR = 48.080 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6337

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.678 ,beta_r= 1.005, minIAR = 99.926 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6246

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.510 ,beta_r= 1.001, minIAR = 4.981 and MAX-P = 0.003 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6519

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.517 ,beta_r= 1.066, minIAR = 4.992 and MAX-P = 0.003 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6829

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.509 ,beta_r= 1.002, minIAR = 4.981 and MAX-P = 0.003 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6149

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.899 ,beta_r= 1.024, minIAR = 88.295 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6759

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.726 ,beta_r= 1.009, minIAR = 89.986 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6590

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.617 ,beta_r= 1.006, minIAR = 36.843 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    1.0742

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.614 ,beta_r= 1.000, minIAR = 39.848 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0495

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.999 ,beta_r= 1.000, minIAR = 13.025 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0441

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.497 ,beta_r= 39.999, minIAR = 0.352 and MAX-P = 0.787 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0267

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.496 ,beta_r= 39.869, minIAR = 0.352 and MAX-P = 0.787 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0687

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.995 ,beta_r= 1.003, minIAR = 13.773 and MAX-P = 0.000 
minIAR
Using real-time output
the first 6 factors

time =

    1.0842

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.999 ,beta_r= 1.007, minIAR = 49.693 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    1.0337

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.991 ,beta_r= 1.000, minIAR = 15.096 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0603

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.994 ,beta_r= 1.001, minIAR = 59.847 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0484

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.996 ,beta_r= 1.001, minIAR = 39.698 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0384

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.494 ,beta_r= 39.999, minIAR = 7.484 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.9313

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.998 ,beta_r= 1.002, minIAR = 40.339 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 6 factors

time =

    1.0984

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.995 ,beta_r= 1.000, minIAR = 65.627 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 3 factors

time =

    1.0501

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.988 ,beta_r= 1.005, minIAR = 44.128 and MAX-P = 0.000 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.1420

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.1759

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.1655

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.1461

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.1241

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.1523

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0669

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    2.0976

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [15261.441,-7206.285] 
minGAR
Using real-time output
the "intra+extra" instruments

time =

    4.2332

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.851 beta_y2= 0.003 beta_y3= 0.000 beta_y4= 0.000 beta_f= 0.437 ,beta_r= 24.189, minGAR = 0.798 and MAX-P = 1.000 
minGAR
Using real-time output
the "intra+extra" instruments

time =

    4.3301

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.180 beta_y2= 0.253 beta_y3= 0.189 beta_y4= 0.222 beta_f= 0.231 ,beta_r= 7.755, minGAR = 2.378 and MAX-P = 0.999 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    1.0352

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.561 ,beta_r= 18.389, minIAR = 5.299 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0482

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 7.050, minIAR = 12.993 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0253

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.116 ,beta_r= 5.856, minIAR = 1.429 and MAX-P = 0.236 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0215

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 23.598, minIAR = 13.394 and MAX-P = 0.000 
minIAR
Using real-time output
the first 6 factors

time =

    1.0676

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.985, minIAR = 42.794 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    1.0131

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 9.633, minIAR = 14.499 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0091

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.960, minIAR = 2.909 and MAX-P = 0.005 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0116

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.004 ,beta_r= 39.983, minIAR = 2.910 and MAX-P = 0.005 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0605

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.647 ,beta_r= 22.874, minIAR = 7.247 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0182

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.002 ,beta_r= 39.999, minIAR = 0.402 and MAX-P = 0.752 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.9292

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.298 ,beta_r= 10.216, minIAR = 7.122 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.8824

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.990, minIAR = 5.724 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.8957

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.381 ,beta_r= 13.035, minIAR = 7.230 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6348

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.982, minIAR = 1.371 and MAX-P = 0.224 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.5944

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.868 ,beta_r= 24.683, minIAR = 10.891 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6171

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.002 ,beta_r= 39.996, minIAR = 0.662 and MAX-P = 0.578 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6318

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.299 ,beta_r= 8.954, minIAR = 6.505 and MAX-P = 0.001 
minIAR
Using real-time output
the first 6 factors

time =

    0.6046

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.384 ,beta_r= 6.925, minIAR = 10.039 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    0.5885

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.972 ,beta_r= 18.754, minIAR = 10.868 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.5784

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.937, minIAR = 0.834 and MAX-P = 0.576 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6172

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.975, minIAR = 2.368 and MAX-P = 0.077 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6306

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.858 ,beta_r= 20.754, minIAR = 0.158 and MAX-P = 0.925 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.5820

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.994, minIAR = 2.248 and MAX-P = 0.090 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.6069

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.969, minIAR = 1.671 and MAX-P = 0.141 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.5803

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.999, minIAR = 2.186 and MAX-P = 0.097 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0709

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0678

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.970] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0634

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0902

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.970] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0754

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0416

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.194,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0840

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0719

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.199,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0836

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0886

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.225,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0637

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0463

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.193,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2294

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.3132

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.209,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0985

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0966

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.191,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0735

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0621

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.949] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1184

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.1020

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.948] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1032

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0752

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.025,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1008

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0987

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.102,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0881

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0835

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.090,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0996

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.1114

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.019,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1020

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0922

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.040,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1032

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0962

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.036,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.1037

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0914

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.030,39.973] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6818

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3205

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.950] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6932

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3231

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.950] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6366

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2088

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.988,39.997] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6599

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2749

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.958,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6903

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3483

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.020,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6950

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3233

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.098,39.997] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7144

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3407

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.993,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7103

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3489

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.067,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6943

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.3321

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [68.466,-67.472] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6808

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2988

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.966] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6752

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3011

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.967] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7207

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3340

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.321,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7245

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3584

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.314,39.998] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7074

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3371

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.331,39.991] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6843

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3336

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.336,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6444

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2754

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.944] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6987

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.3434

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.944] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6809

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2139

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.713] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7222

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3266

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.718] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7005

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.3319

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.988] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6840

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2991

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.988] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7142

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3230

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.766] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6754

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2978

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.766] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6341

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.2742

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.895] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7101

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3627

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.896] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6915

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3442

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.895] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6917

does not pass the test!!!
non-zero penalty!!!
Using marginal cost measure
the first 3 factors

time =

    1.3550

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.843] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.7313

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3816

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.841] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6250

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.1778

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.286,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6763

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2334

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.245,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.7288

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.3590

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.338,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6413

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.1978

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.100,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6862

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2892

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.522,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6930

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3267

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.646,39.984] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6397

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2625

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.038,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6748

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3076

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.793,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6623

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.1844

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.521,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6594

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2680

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6995

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.3252

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7000

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3065

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.014,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7061

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3310

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.648,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7304

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3720

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.269,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7319

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3695

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.991,39.998] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6949

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3093

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.423,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7539

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3884

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.331,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7201

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3580

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.415,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6776

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3305

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.434,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6361

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3338

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.440,39.999] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6559

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.2876

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.000,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6995

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3762

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.718,39.997] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6447

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.2721

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.441,39.999] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6970

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3473

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.215,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6768

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3545

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.015,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6559

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3469

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.236,39.999] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7157

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3991

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.173,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7124

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3741

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.814,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6422

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2653

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.948,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6515

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2483

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.346,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7168

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3368

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.773,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7184

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3662

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.513,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7199

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3626

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.191,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7291

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3528

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [8.378,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6842

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3114

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.324,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6741

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3141

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.328,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7303

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3427

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.900,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6813

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3418

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.858,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6729

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2517

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.692,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7047

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.3343

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6971

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3077

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.056,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6964

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3335

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.383,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7191

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3608

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.345,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7423

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.4256

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.735,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7225

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3554

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.224,40.000] 
minGAR
Using real-time output
the "intra+extra" instruments

time =

    8.6743

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.204 beta_y2= 0.276 beta_y3= 0.117 beta_y4= 0.226 beta_f= 0.226 ,beta_r= 15.378, minGAR = 4.899 and MAX-P = 0.961 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.6868

Using real-time output
the "intra+extra" instruments

time =

    8.6942

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    1 
bands= [0.000,0.999] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.1894

Using real-time output
the "intra+extra" instruments

time =

    8.1779

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.141,0.983] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.1947

Using real-time output
the "intra+extra" instruments

time =

    8.1002

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.991] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.2698

Using real-time output
the "intra+extra" instruments

time =

    8.3262

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.001,0.992] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.2058

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.1027

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.003,0.991] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.1551

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.0455

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.586,0.995] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.1767

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.0002

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.914,0.978] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    3.9814

Using real-time output
the "intra+extra+important factors" instruments

time =

    7.9764

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.909,0.996] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.2247

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.0826

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.953,0.990] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.1977

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.0388

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.459,0.997] 
ipsoGARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    4.3114

Using real-time output
the "intra+extra+other factors" instruments

time =

    8.1496

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.967] 
ipsoGARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    4.1594

Using real-time output
the "intra+extra+other factors" instruments

time =

    8.0012

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.968] 
ipsoGARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.0230

Using real-time output
the "intra+extra+all factors" instruments

time =

    7.8798

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.001,-6.253] 
ipsoGARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.1131

Using real-time output
the "intra+extra+all factors" instruments

time =

    8.0084

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.958,0.994] 
ipsoGARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.1809

Using real-time output
the "intra+extra+all factors" instruments

time =

    8.0217

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [39.537,0.988] 
ipsoGARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.0669

Using real-time output
the "intra+extra+all factors" instruments

time =

    8.0433

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.642,0.985] 
ipsoGARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.1542

Using real-time output
the "intra+extra+all factors" instruments

time =

    7.9882

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.990] 
ipsoGARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    4.1521

Using real-time output
the "intra+extra+other factors" instruments

time =

    8.0233

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.004,0.981] 
ipsoGARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    4.1664

Using real-time output
the "intra+extra+other factors" instruments

time =

    8.1551

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.043,0.986] 
ipsoGARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    4.1492

Using real-time output
the "intra+extra+other factors" instruments

time =

    7.9644

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.984] 
ipsoGARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    4.2331

Using real-time output
the "intra+extra+important factors" instruments

time =

    8.1152

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.983] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.2590

Using real-time output
the "intra+extra" instruments

time =

    8.2466

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.996] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.2031

Using real-time output
the "intra+extra" instruments

time =

    8.1760

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.042,0.994] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2425

Using real-time output
the first 6 factors

time =

    8.1280

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [4232.596,-9880.816] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.4079

Using real-time output
the first 6 factors

time =

    8.4643

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.931,-44392.358] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.0048

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.0276

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.659,-3220.893] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2173

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.1357

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [27978.611,-71727.658] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2097

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.1007

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.230,-6525.625] 
minGAR
Using real-time output
the first 6 factors

time =

    4.0949

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.405 beta_y2= 0.128 beta_y3= 0.698 beta_y4= 0.794 beta_f= 0.965 ,beta_r= 6.290, minGAR = 26.620 and MAX-P = 0.003 
minGAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    4.1208

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.580 beta_y2= 0.113 beta_y3= 0.669 beta_y4= 0.841 beta_f= 0.991 ,beta_r= 19.514, minGAR = 13.498 and MAX-P = 0.061 
minGAR
Using real-time output
the first 3 factors

time =

    4.1990

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.953 beta_y2= 0.439 beta_y3= 0.211 beta_y4= 0.310 beta_f= 0.994 ,beta_r= 37.689, minGAR = 4.871 and MAX-P = 0.676 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.1216

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.1173

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.688,0.994] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.1256

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 3 factors

time =

    8.0599

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.967,-42182.290] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.1450

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.0596

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.599,0.989] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.1285

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.0341

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.198,0.989] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.1509

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.1081

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [15341.630,0.998] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.6049

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.9291

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.694,0.997] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    4.3239

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    8.2921

non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.685,0.999] 
ipsoGARCS
Using real-time output
the first 3 factors

time =

    3.9698

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    7.8702

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.642,0.995] 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.9338

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.374 ,beta_r= 8.825, minIAR = 5.572 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0189

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 14.641, minIAR = 12.992 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.9980

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.303 ,beta_r= 7.375, minIAR = 1.430 and MAX-P = 0.236 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.9895

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 33.192, minIAR = 13.394 and MAX-P = 0.000 
minIAR
Using real-time output
the first 6 factors

time =

    0.9769

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.994, minIAR = 42.794 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    0.9951

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 14.116, minIAR = 14.498 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0050

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.004 ,beta_r= 39.981, minIAR = 3.195 and MAX-P = 0.002 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.9852

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.170 ,beta_r= 9.726, minIAR = 7.247 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0098

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.993, minIAR = 0.410 and MAX-P = 0.746 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.9748

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.606 ,beta_r= 18.232, minIAR = 7.122 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.9727

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.005 ,beta_r= 39.997, minIAR = 5.725 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.9889

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.390 ,beta_r= 13.243, minIAR = 7.230 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.5883

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.964, minIAR = 1.014 and MAX-P = 0.434 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6145

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.781 ,beta_r= 14.880, minIAR = 10.891 and MAX-P = 0.000 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6176

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 39.978, minIAR = 0.662 and MAX-P = 0.578 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6350

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.764 ,beta_r= 26.614, minIAR = 6.505 and MAX-P = 0.001 
minIAR
Using real-time output
the first 6 factors

time =

    0.5875

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.807 ,beta_r= 22.142, minIAR = 10.039 and MAX-P = 0.000 
minIAR
Using real-time output
the first 3 factors

time =

    0.6283

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.814 ,beta_r= 2.785, minIAR = 10.868 and MAX-P = 0.000 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6386

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.005 ,beta_r= 39.993, minIAR = 0.910 and MAX-P = 0.513 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6214

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.001 ,beta_r= 40.000, minIAR = 2.368 and MAX-P = 0.077 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6254

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.462 ,beta_r= 5.484, minIAR = 0.158 and MAX-P = 0.924 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6645

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.958, minIAR = 2.248 and MAX-P = 0.090 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.6258

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.000 ,beta_r= 39.992, minIAR = 1.671 and MAX-P = 0.141 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.9729

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.8997

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.970] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0698

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0236

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.209,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0395

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.9692

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.196,39.997] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0544

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0096

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.211,39.998] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0438

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0143

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.188,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0582

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0028

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.950] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0342

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0210

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.022,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0559

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0389

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.003,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0605

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0040

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.000,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0591

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0343

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.091,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0406

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0080

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.014,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6719

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2630

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.964] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7003

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2727

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.966] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7073

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2804

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.964] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6504

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2386

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.966] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6492

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2318

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.966] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7025

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2846

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.365,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6978

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2522

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.360,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6894

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2688

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.375,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7142

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3138

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.359,39.980] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6694

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2683

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.324,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6470

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.1788

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.321,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7149

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.3022

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.330,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6601

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2622

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.943] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6865

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2753

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.942] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6775

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2399

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.718] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7118

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2660

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.717] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7045

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2556

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.988] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7107

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2744

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.988] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6925

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2505

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.767] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7093

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2896

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.766] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6586

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2398

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.294,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6960

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2865

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.386,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6891

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2490

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.290,39.995] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6837

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2684

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.296,39.998] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6653

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2544

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.004,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6941

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2848

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.702,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6838

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2517

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.227,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7153

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2841

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.582,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7409

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3118

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.881,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7134

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2741

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.277,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7303

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2964

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.001,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.6928

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2646

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,39.984] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7290

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2949

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.343,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.6720

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2529

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.321,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7051

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2788

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.321,39.998] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7110

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3057

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.180,39.993] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6658

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.2901

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.173,39.998] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.7011

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.2985

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [6.440,39.997] 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.9871

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.492 ,beta_r= 39.951, minIAR = 3.009 and MAX-P = 0.004 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.9738

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.574 ,beta_r= 6.153, minIAR = 2.444 and MAX-P = 0.066 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.9600

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.079 ,beta_r= 11.115, minIAR = 0.074 and MAX-P = 0.974 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0108

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.580 ,beta_r= 5.958, minIAR = 2.648 and MAX-P = 0.051 
minIAR
Using real-time output
the first 6 factors

time =

    0.9045

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.595 ,beta_r= 39.667, minIAR = 2.757 and MAX-P = 0.014 
minIAR
Using real-time output
the first 6 factors

time =

    0.9912

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.593 ,beta_r= 39.979, minIAR = 2.756 and MAX-P = 0.014 
minIAR
Using real-time output
the first 3 factors

time =

    0.9578

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.586 ,beta_r= 7.142, minIAR = 2.668 and MAX-P = 0.049 
minIAR
Using real-time output
the first 3 factors

time =

    0.9834

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.586 ,beta_r= 7.148, minIAR = 2.668 and MAX-P = 0.049 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.9957

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.514 ,beta_r= 39.914, minIAR = 1.902 and MAX-P = 0.063 
minIAR
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0174

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.554 ,beta_r= 39.878, minIAR = 0.777 and MAX-P = 0.509 
minIAR
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.9775

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 1.000 ,beta_r= 33.322, minIAR = 0.121 and MAX-P = 0.948 
minIAR
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.9862

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.556 ,beta_r= 39.835, minIAR = 0.778 and MAX-P = 0.508 
minIAR
Using marginal cost measure
the first 6 factors

time =

    0.9914

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.515 ,beta_r= 39.988, minIAR = 0.427 and MAX-P = 0.860 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.9320

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.550 ,beta_r= 39.996, minIAR = 0.795 and MAX-P = 0.498 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.5816

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.487 ,beta_r= 39.925, minIAR = 0.316 and MAX-P = 0.957 
minIAR
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6313

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.722 ,beta_r= 39.740, minIAR = 0.113 and MAX-P = 0.952 
minIAR
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6334

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.085 ,beta_r= 39.998, minIAR = 0.028 and MAX-P = 0.994 
minIAR
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6190

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.763 ,beta_r= 39.747, minIAR = 0.062 and MAX-P = 0.980 
minIAR
Using real-time output
the first 6 factors

time =

    0.6084

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.694 ,beta_r= 39.998, minIAR = 1.135 and MAX-P = 0.351 
minIAR
Using real-time output
the first 3 factors

time =

    0.6213

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.720 ,beta_r= 39.988, minIAR = 0.157 and MAX-P = 0.925 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6082

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.821 ,beta_r= 34.861, minIAR = 0.432 and MAX-P = 0.898 
minIAR
Using marginal cost measure
the first 3 factors

time =

    0.6380

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.713 ,beta_r= 40.000, minIAR = 0.535 and MAX-P = 0.660 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    1.0533

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra" instruments

time =

    2.0201

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [28.491,-28.447] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0508

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    2.0033

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.539,0.610] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.9728

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.9157

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.539,0.609] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.9709

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.9202

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.739] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0665

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0710

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,0.738] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0500

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0008

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.572,0.588] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0464

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0061

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.572,0.588] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0478

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0193

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.572,0.588] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    1.0271

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    2.0404

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [12.909,-11.493] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0028

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.9474

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.341,29.930] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0691

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    2.0439

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.345,35.634] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0434

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.9915

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.349,39.601] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0617

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    2.0364

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.337,31.306] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.0509

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    2.0192

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.340,38.720] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0516

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.9955

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.351,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0568

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0203

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.361,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.0707

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    2.0354

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.360,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0444

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0196

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.077,32.759] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0682

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0112

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.077,34.672] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0504

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0221

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.241,29.906] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0689

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    2.0603

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.083,33.114] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.0393

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.9854

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.077,32.332] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0701

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0192

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.357,0.693] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0170

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.9778

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.357,0.693] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.1073

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    2.1321

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.222,0.929] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0732

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    2.0510

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.222,0.926] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0770

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0651

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.0678

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    2.0212

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.222,0.931] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.0505

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    2.0148

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.222,0.934] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.0356

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.9228

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.222,0.934] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    1.0282

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.9741

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.116,0.944] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    1.0355

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    2.0264

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.116,0.944] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.9696

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.8722

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.218,0.921] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    1.0233

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    2.0267

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.218,0.921] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0360

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.9863

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.358,39.960] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0176

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.9639

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [8.753,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0602

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0070

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [8.830,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0688

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0561

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [8.789,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0515

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0108

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [8.760,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0540

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0292

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.358,0.693] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0931

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0423

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.959,39.999] 
minIAR
Using marginal cost measure
the "intra+extra" instruments

time =

    0.9673

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.514 ,beta_r= 39.994, minIAR = 1.902 and MAX-P = 0.063 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0278

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0346

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.228,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0605

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0531

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.545,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0651

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0021

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [9.673,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0421

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0145

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.502,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0502

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0396

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [10.307,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0776

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0474

does not pass the test!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.345,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0382

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0205

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.501,39.978] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0598

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0393

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.502,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0432

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0112

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.509,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0934

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0576

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.502,39.960] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    1.0643

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    2.0206

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [11.503,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0388

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.9869

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.258,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0578

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    2.0224

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.226,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0787

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    2.0365

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.217,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.0431

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    2.0178

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.225,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.9915

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.9277

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.958,39.998] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0481

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0369

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.974,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0531

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    2.0394

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.951,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.0331

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.9848

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.957,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.9669

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.8689

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.271,39.991] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.0460

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    2.0318

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.271,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    1.0539

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    2.0446

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.030,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    1.0513

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    2.0687

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [4.030,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    1.0364

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    2.2355

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.180,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    1.0484

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    2.0911

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.213,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6997

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3030

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6992

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2781

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.487,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6416

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2066

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.487,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.6833

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2421

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6964

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.2550

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.469,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6831

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.2536

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.469,1.000] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7284

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3585

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.509,0.970] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7044

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3275

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.510,0.967] 
ipsoIARCS
Using real-time output
the first 3 factors

time =

    0.6827

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    1.2883

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.511,1.000] 
ipsoIARCS
Using real-time output
the first 3 factors

time =

    0.6931

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    1.2688

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.510,1.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.6822

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2739

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.801,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7095

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2732

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.794,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7036

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.3038

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.789,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra" instruments

time =

    0.7050

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    1.2653

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.789,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6851

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2639

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.294,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.7272

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2766

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.303,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.6702

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2530

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.293,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+important factors" instruments

time =

    0.7079

does not pass the test!!!
Using real-time output
the "intra+extra+important factors" instruments

time =

    1.2805

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [3.293,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7064

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2771

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.737,39.999] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7031

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2817

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.701,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+other factors" instruments

time =

    0.7095

does not pass the test!!!
Using real-time output
the "intra+extra+other factors" instruments

time =

    1.2642

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.728,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6525

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.2793

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.987,40.000] 
ipsoIARCS
Using real-time output
the "intra+extra+all factors" instruments

time =

    0.6771

does not pass the test!!!
Using real-time output
the "intra+extra+all factors" instruments

time =

    1.2643

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.988,40.000] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.6985

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3063

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.495,40.000] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7021

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3184

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [5.495,39.996] 
ipsoIARCS
Using real-time output
the first 3 factors

time =

    0.6239

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    1.2462

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.751,39.999] 
ipsoIARCS
Using real-time output
the first 3 factors

time =

    0.6464

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    1.2691

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.752,39.994] 
ipsoIARCS
Using real-time output
the first 3 factors

time =

    0.6915

does not pass the test!!!
Using real-time output
the first 3 factors

time =

    1.3239

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.752,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6933

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2582

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6979

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2674

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7001

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2807

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7276

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2954

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.6850

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3047

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.7058

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3013

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.000,1.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.7005

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2980

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.598,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.7003

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.3300

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.588,39.987] 
ipsoIARCS
Using marginal cost measure
the "intra+extra" instruments

time =

    0.6581

does not pass the test!!!
Using marginal cost measure
the "intra+extra" instruments

time =

    1.2476

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.595,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7334

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.3139

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.947,39.999] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.7183

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2936

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.948,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    0.6980

does not pass the test!!!
Using marginal cost measure
the "intra+extra+important factors" instruments

time =

    1.2576

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.947,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    0.7217

does not pass the test!!!
Using marginal cost measure
the "intra+extra+other factors" instruments

time =

    1.2677

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.000,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7064

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.3139

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.020,40.000] 
ipsoIARCS
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    0.7029

does not pass the test!!!
Using marginal cost measure
the "intra+extra+all factors" instruments

time =

    1.2741

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.047,40.000] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7208

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3308

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.886,39.999] 
ipsoIARCS
Using marginal cost measure
the first 6 factors

time =

    0.7102

does not pass the test!!!
Using marginal cost measure
the first 6 factors

time =

    1.3105

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [1.887,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.7246

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3724

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.192,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6855

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.2702

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.164,40.000] 
ipsoIARCS
Using marginal cost measure
the first 3 factors

time =

    0.6910

does not pass the test!!!
Using marginal cost measure
the first 3 factors

time =

    1.3192

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [2.168,40.000] 
minIAR
Using real-time output
the "intra+extra" instruments
{Subscripted assignment dimension mismatch.

Error in <a href="matlab:helpUtils.errorDocCallback('minIAR', '/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/taylor/minIAR.m', 483)" style="font-weight:bold">minIAR</a> (<a href="matlab: opentoline('/Users/zhenjianglin/Documents/MATLAB/Ivfactor/psonew/taylor/minIAR.m',483,0)">line 483</a>)
                       Xpbest(j,:)=Xii(j,:);
} 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    1.0003

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: rho1= 1.202 ,rho2= 0.778,rho3= -0.817,gamma_pi= -0.909,gamma_y= -0.125, minIAR = 1.679 and MAX-P = 0.098 
minGAR
Using real-time output
the first 6 factors

time =

    4.2034

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.833 beta_y2= 0.704 beta_y3= 0.068 beta_y4= 0.061 beta_f= 0.987 ,beta_r= 30.264, minGAR = 12.916 and MAX-P = 0.228 
minGAR
Using real-time output
the first 6 factors

time =

    9.6783

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 1.000 beta_y2= 0.001 beta_y3= 0.000 beta_y4= 0.000 beta_f= 0.031 ,beta_r= 26.511, minGAR = 28.283 and MAX-P = 0.002 
minGAR
Using real-time output
the "intra+extra" instruments

time =

    9.0778

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.312 beta_y2= 0.197 beta_y3= 0.167 beta_y4= 0.140 beta_f= 0.411 ,beta_r= 38.516, minGAR = 4.413 and MAX-P = 0.975 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.8079

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.5560

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.093,0.994] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.8009

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.4473

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.002,0.995] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.9022

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.5625

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.992] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.8278

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.4899

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.995] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.8277

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.3432

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.003,39.973] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.7427

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.3015

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [9.147,39.999] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.7420

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.2990

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.005,39.975] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    8.6918

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   17.2324

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.001,39.990] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    8.7559

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

   17.5170

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [57437.885,-52474.215] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.4413

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.5609

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.997] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.2801

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.3099

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.005,0.997] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.3584

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.3896

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.120,0.985] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.2992

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.4948

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,0.994] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.3456

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.3890

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [2.754,39.991] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.3311

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.4689

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.003,39.962] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.3350

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.2962

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.005,40.000] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.3051

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    8.2635

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.000,40.000] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2702

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.3686

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [15287.298,0.250] 
minGAR
Using real-time output
the first 6 factors

time =

    4.3613

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.883 beta_y2= 0.843 beta_y3= 0.024 beta_y4= 0.007 beta_f= 0.821 ,beta_r= 1.860, minGAR = 10.906 and MAX-P = 0.365 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2997

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.2944

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [23623.807,0.959] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.1645

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.3350

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [7348.800,0.987] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3137

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.3306

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [53174.630,0.966] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3280

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2945

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [19824.289,-54766.517] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3613

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.3986

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [144215.866,0.994] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2527

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2259

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.978,-127204.668] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3462

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2592

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [128955.030,0.984] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3778

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.5333

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.855,-89609.646] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2198

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.2106

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.799,0.993] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.4161

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.5426

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [2384.214,-4323.495] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2006

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.0975

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.267,-10.117] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2301

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.2122

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [13164.074,0.986] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2024

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.1373

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [134.084,-1906.365] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.1737

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.1126

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.987,-548.466] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2258

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.1675

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [15072.375,0.987] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.1453

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.3612

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.939,0.995] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3992

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.4974

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [47387.058,0.981] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2493

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.2851

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.199,0.954] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.1915

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.1293

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [80800.262,39.934] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2881

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.4352

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [42815.724,-5902.555] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.4043

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.5432

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.126,-74686.012] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2036

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.1548

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [42086.078,16.587] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2441

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.2233

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [3.812,27.888] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2469

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2384

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.536,-23203.390] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3023

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.4973

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [34439.449,11.140] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2651

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    9.1446

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [7980.476,-24118.541] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3298

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2909

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [8.963,-13873.386] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3537

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.3251

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [18.461,-96802.433] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2945

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.1965

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [13792.754,11.159] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3932

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.4322

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.006,18.523] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.3319

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.4738

non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [20.017,-10418.814] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2519

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    8.3350

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [48177.871,9.906] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2512

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2622

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.928,-65197.069] 
minGAR
Using real-time output
the first 6 factors

time =

    4.2420

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.958 beta_y2= 0.583 beta_y3= 0.011 beta_y4= 0.001 beta_f= 0.979 ,beta_r= 19.732, minGAR = 10.906 and MAX-P = 0.365 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.2287

does not pass the test!!!
non-zero penalty!!!
Using real-time output
the first 6 factors

time =

    8.2382

does not pass the test!!!
non-zero penalty!!!
Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [8293.761,-5104.483] 
ipsoGARCS
Using real-time output
the first 6 factors

time =

    4.0913

Using real-time output
the first 6 factors

time =

    8.2351

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    1 
bands= [0.000,0.990] 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6151

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.480 ,beta_r= 39.982, minIAR = 2.341 and MAX-P = 0.026 
minIAR
Using real-time output
the "intra+extra" instruments

time =

    0.6495

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.478 ,beta_r= 39.896, minIAR = 2.341 and MAX-P = 0.026 
minIAR
Using real-time output
the first 6 factors

time =

    0.6679

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.586 ,beta_r= 39.993, minIAR = 1.947 and MAX-P = 0.083 
minIAR
Using real-time output
the first 6 factors

time =

    0.6484

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 
The best solution for coefficients: beta_f= 0.587 ,beta_r= 39.996, minIAR = 1.947 and MAX-P = 0.083 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.6681

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3195

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.518,0.659] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7215

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3654

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.517,0.660] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7443

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3783

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    1 
bands= [0.518,0.659] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.6956

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.4073

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.353,40.000] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7425

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3874

non-zero penalty!!!
Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.353,40.000] 
ipsoIARCS
Using real-time output
the first 6 factors

time =

    0.7252

does not pass the test!!!
Using real-time output
the first 6 factors

time =

    1.3497

Max NO. of Particles= 80.0 ,Max NO. of iterations= 100.0 , parameter    2 
bands= [7.353,40.000] 
minGAR
Using real-time output
the "intra+extra" instruments

time =

    4.8115

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.311 beta_y2= 0.186 beta_y3= 0.126 beta_y4= 0.004 beta_f= 0.230 ,beta_r= 15.738, minGAR = 2.251 and MAX-P = 0.999 
minGAR
Using real-time output
the first 6 factors

time =

    4.5966

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.314 beta_y2= 0.591 beta_y3= 0.720 beta_y4= 0.920 beta_f= 0.996 ,beta_r= 8.790, minGAR = 29.225 and MAX-P = 0.001 
minGAR
Using real-time output
the first 6 factors

time =

    4.6753

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.800 beta_y2= 0.001 beta_y3= 0.005 beta_y4= 0.006 beta_f= 0.143 ,beta_r= 19.259, minGAR = 41.566 and MAX-P = 0.000 
minGAR
Using real-time output
the first 6 factors

time =

    4.5264

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 
The best solution for coefficients: beta_y1= 0.830 beta_y2= 0.018 beta_y3= 0.032 beta_y4= 0.011 beta_f= 1.000 ,beta_r= 19.418, minGAR = 31.221 and MAX-P = 0.001 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.6932

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    9.2627

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    5 
bands= [0.000,1.000] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.7521

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    9.1296

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.001,39.947] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.6032

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    9.0133

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.006,39.999] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.7323

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    9.2127

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.003,39.990] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    4.6757

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

    9.1241

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.002,39.980] 
ipsoGARCS
Using real-time output
the "intra+extra" instruments

time =

    5.5217

does not pass the test!!!
Using real-time output
the "intra+extra" instruments

time =

   10.1039

Max NO. of Particles= 30.0 ,Max NO. of iterations= 40.0 , parameter    6 
bands= [1.001,39.997] 
COMBINE
size and power study of different estimation methods under MA error, baby model
