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             ___     ______      ___     __   __  
    ___     / _ \\  |      \\   / _ \\   \ \\/ // 
   /   ||  | / \ || |  --  //  / //\ \\   \   //  
  | [] ||  | \_/ || |  --  \\ |  ___  ||  / . \\  
   \__ ||   \___//  |______// |_||  |_|| /_//\_\\ 
    -|_||   `---`   `------`  `-`   `-`  `-`  --` 
     `-`

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Text this: Which quantile is the most informative? Markov switching quantile model with unknown quantile level