• Title/Summary/Keyword: ASYMMETRY INDEX

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Herding in Fast Moving Consumer Group Sector: Equity Market Asymmetry and Crisis

  • BHARTI, Bharti;KUMAR, Ashish
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.39-49
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    • 2020
  • This study empirically examines herd behavior for fast moving consumer goods (FMCG) sector stocks under varied market return conditions and the period during the global financial crisis and its aftermath. We examine the sample of stocks trading on the Nifty FMCG Index of the Indian equity market from January 2008 up to December 2018 using the dispersion measure of cross sectional absolute deviation and examine its relationship with the market return to explore herd phenomenon. Quantile regression estimate is used and the results of the study validate rational asset pricing models as the sector does not display herding. In contrast, anti-herd behavior at lower and median quantile values is observed. A possible reason can be the non-cyclical nature of the industry where investors rely more on the fundamentals rather than crowd chasing. We also findthe absence of herd phenomenon during the market asymmetries of bull and bear phases, extreme movements, the period of the global financial crisis, and afterward. We further examine herding under the impact of the information technology (IT) industry and conclude that significant return movements in IT sector impact dispersions in the FMCG industry. Also, there is a co-varying risk between the two sectors confirming the spillover in an integrated market.

An Electromyographic Study on Changes of Mandibular Position (하악위 변화에 따른 저작근의 근전도학적 연구)

  • Lee, Eun-Hee;Suh, Bong-Jik;Oh, Hee-Myung
    • Journal of Oral Medicine and Pain
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    • v.24 no.1
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    • pp.49-58
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    • 1999
  • 저자는 하악의 위치변화가 저작근에 미치는 영향을 근전도학적으로 평가하고자, 측두하악장애의 징후와 증상이 없는 정상성인 28명을 대상으로 중심위 교합장치(centric relation splint), 중심교합위 교합장치(centric occlusion splint), 전방 재위치 교합장치(anterior repositioning splint)를 장착시킨 상태에서 하악의 중심의, 중심교합위, 전방위률 유도한 후 최대 이악물기 상태의 좌우측 교근 및 전측두근의 근전도를 채득, 분석, 평가한 결과 다음과 같은 결론을 얻었다. 1. 전측두근에서 하악의 위치변화에 따른 최대 근활성도의 차이가 나타났으나(p<0.05), 교근에서는 나타나지 않았다. 2. 전측두근의 경우 중심교합위에서 최대 이악물기 상태의 최대 근활성도는 교합 장치물을 장착하지 않은 경우 및 중심위에서와 비교하여 감소하였다(p<0.05). 3. 전측두근의 경우 전방위에서 최대 이악물기 상태의 최대 근활성도는 교합 장치물을 장착하지 않은 경우 및 중심위에서와 비교하여 감소하였다(p<0.001). 4. 교근과 전측두근의 좌우 비대칭지수(asymmetry index)는 하악의 위치변화에 따른 차이가 나타나지 않았다.

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Do Solar Cycles Share Spectral Properties with Tropical Cyclones that Occur in the Western North Pacific Ocean?

  • Kim, Ki-Beom;Kim, Jung-Hee;Chang, Heon-Young
    • Journal of Astronomy and Space Sciences
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    • v.35 no.3
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    • pp.151-161
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    • 2018
  • Understanding solar influences on extreme weather is important. Insight into the causes of extreme weather events, including the solar-terrestrial connection, would allow better preparation for these events and help minimize the damage caused by disasters that threaten the human population. In this study, we examined category three, four, and five tropical cyclones that occurred in the western North Pacific Ocean from 1977 to 2016. We compared long-term trends in the positions of tropical cyclone occurrence and development with variations of the observed sunspot area, the solar North-South asymmetry, and the southern oscillation index (SOI). We found that tropical cyclones formed, had their maximum intensity, and terminated more northward in latitude and more westward in longitude over the period analyzed; they also became stronger during that period. It was found that tropical cyclones cannot be correlated or anti-correlated with the solar cycle. No evidence showing that properties (including positions of occurrence/development and other characteristics) of tropical cyclones are modulated by solar activity was found, at least not in terms of a spectral analysis using the wavelet transform method.

The Effect of Differences in Age and Sex on Vestibular Evoked Myogenic Potentials (연령과 성별의 차이가 전정 유발근전위에 미치는 영향)

  • Moon, Sung-Sik;Kim, Kyoung-Mi;Kim, Young-Ji;Kim, Young-Hwal
    • Korean Journal of Clinical Laboratory Science
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    • v.39 no.2
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    • pp.136-140
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    • 2007
  • The aim of this study was to examine the effect of differences in age and sex on vestibular evoked myogenic potentials (VEMP), particularly in normal participants. Briefly, the VEMP is a response elicited by loud clicks or tone bursts recorded from the tonically contracted sternocleidomastoid muscle. A total of 72 participants were divided into 6 groups according to their age and sex (20~30/F, 20~30/M, 40~50/F, 40~50/M, ${\geq}60/F$, ${\geq}60/M$). We got the data of latency, amplitude, and asymmetry index of the amplitude(ASI) from them. As a result of this study, there are variations in VEMP amplitudes and ASI depending on the muscle tension and the intensity of stimuli. In contrast, the latency of the response is usually less varied and does not differ significantly.

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The Analysis of Erector Spinae Muscle on Difference of Functional Leg Length Inequality - through Meridian Electromyography (하지길이 차이에 따른 척추기립근의 분석 - 경근전도를 통해)

  • Yoon, Dae-Yeon;Choi, Jin-Seo;Jeong, Su-Hyun;Kim, Soon-Joong
    • Journal of Korean Medicine Rehabilitation
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    • v.21 no.3
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    • pp.13-20
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    • 2011
  • Objectives : We studied the clinical utility of meridian electromyography for the assessment of erector spinae muscle in functional leg length inequality. Methods : We compared electrical activity between A group with a functional leg length inequality(n=17) and B group(n=23) in dynamic flexion-reextension state during five minutes. We anayzed amplitudes and areas of electrical activity and asymmetry index(AI). Results : 1. The short leg sides were significantly higher electrical activity than the long leg sides in the experimental group and control group(p<0.05). 2. The AI of A group significantly higher than B group(p<0.05). Conclusions : According to above results, there are correlations between erector spinae muscle and functional leg length inequality.

Do Islamic Stock Markets Diversify the Financial Uncertainty Risk? Evidence from Selected Islamic Countries

  • AZIZ, Tariq;MARWAT, Jahanzeb;ZEESHAN, Asma;PARACHA, Yaser;AL-HADDAD, Lara
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.31-38
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    • 2021
  • The study investigates the diversification behavior of Islamic stocks against US financial uncertainty. Considering limitations found in the literature, a comprehensive index of financial uncertainty (FU) is used, developed by Jurado, Ludvigson, and Ng (2015). The empirical analysis uses monthly data from four Islamic markets - Saudi Arabia, Malaysia, Indonesia, and Turkey - for the period from January 2010 to September 2019. Results of the bivariate EGARCH models show that Islamic stocks can be used for diversification purpose against the financial uncertainty of the US because the volatility of US uncertainty does not propagate in the Islamic stock markets. Moreover, findings show that the spillover effect of financial uncertainty varies with the FU forecast horizon. The spillover effect of FU increases with an increase in the FU forecast horizon and becomes significant over 3-month and 12-month periods in the case of Saudi Arabia. The current volatility of Islamic stock returns is independent of the size of shocks in past volatility. The leverage effect and asymmetry have been found in Saudi Arabia and Malaysia. The findings validate the arguments of the literature that Islamic markets are resilient facing uncertainties and perform well during crisis periods. The findings are important for investors in making better portfolio decisions.

The Effects of Lateral Wedged Insole to the Shoe of the Affected Side on Weight Bearing, Balance and Gait with Stroke (마비측에 적용한 외측 쐐기 깔창이 뇌졸증 환자의 체중부하율과 균형, 보행에 미치는 영향)

  • Kim, Hye-Lim;Shin, Won-Seob
    • PNF and Movement
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    • v.11 no.2
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    • pp.21-29
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    • 2013
  • Purpose : The study was to evaluate the weight distribution, balance and gait function of stroke patients wearing lateral wedged insole to the shoe of the affected side. Methods : 27 patients with stroke (15 men, 12 women) participated in this study. Participants performed weight distribution, dynamic balance and gait ability with or without wedged insole on affected side in a random order. The balancia was used to evaluate the weight distribution. Deviation from the center line was analyzed by Dartfish during sit to stand to evaluate dynamic balance. The functional walk ability evaluated by 10 m walking velocity. Results : The asymmetry index of weight bearing improved significantly with wedged insole of affected side(p<.05). During sit to stand, center of gravity significantly moved from non-affected side to more mid line of body(p<.05). Improvement were shown in walking speed after wearing the wedged insole(p<.05). Conclusion : Wedged insole applied on affected side have a beneficial effect on weight distribution, dynamic balance and walking speed with stroke.

Experimental study of turbulent flow in a scaled RPV model by PIV technology

  • Luguo Liu;Wenhai Qu;Yu Liu;Jinbiao Xiong;Songwei Li;Guangming Jiang
    • Nuclear Engineering and Technology
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    • v.56 no.7
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    • pp.2458-2473
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    • 2024
  • The turbulent flow in reactor pressure vessel (RPV) of pressurized water reactor (PWR) is important for the flow rate distribution at core inlet. Thus, it is vital to study the turbulent flow phenomena in RPV. However, the complicated fluid channel consisted of inner structures of RPV will block or refract the laser sheet of particle image velocimetry (PIV). In this work, the matched index of refraction (MIR) of sodium iodide (NaI) solution and acrylic was applied to support optical path for flow field measurements by PIV in the 1/10th scaled-down RPV model. The experimental results show detailed velocity field at different locations inside the scaled-down RPV model. Some interesting phenomena are obtained, including the non-negligible counterflow at the corner of nozzle edge, the high downward flowing stream in downcomer, large vortices above vortex suppression plate in lower plenum. And the intensity of counterflow and the strength of vortices increase as inlet flow rate increasing. Finally, the case of asymmetry flow was also studied. The turbulent flow has different pattern compared with the case of symmetrical inlet flow rate, which may affect the uniformity of flow distribution at the core inlet.

Augmentation of Pyriform Margin Using Porous High-Density Polyethylene Sheet In Unilateral Cleft Lip Nasal Deformity (일측성 구순열비변형에서 다공성 폴리에틸렌 판을 이용한 상악골이상구증대술)

  • Han, Ki Hwan;Kim, Jin Han;Choi, Tae Hyun;Kim, Jun Hyung;Son, Dae Gu
    • Archives of Plastic Surgery
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    • v.35 no.4
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    • pp.431-438
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    • 2008
  • Purpose: The common deformity after the correction of unilateral cleft lip nasal deformity is nasal asymmetry, and it is caused by the hypoplasia of the pyriform aperture. To correct this, many procedures have been applied, but still many problems are present. Authors performed the inlay and onlay insertion of porous high density polyethylene sheet(1 mm thickness $Medpor{(R)}$ sheet) in the hypoplastic pyriform margin of cleft side and obtained satisfactory results. Methods: 11 cases were performed and the mean follow up period was 15.1 months. Their mean age was 23.6 years. Under general anesthesia, bilateral pyriform margin was exposed. $Medpor{(R)}$ sheets in "match stick" like shaped were inlay inserted, and kidney shaped were onlay inserted fixating with two 6 mm titanium screws. After the surgery, the results was evaluated by photogrammetric analysis. On the basal view, the distance from the subalare and labiale superius' to the transverse baseline connecting the both cheilions was measured from the cleft side and the non-cleft side. Then, the postoperative symmetry was assessed by obtaining the cleft side against the non-cleft side as proportion index, defined as lateral and medial upper lip contour index. Results: There were 2 infections. The cause was because the inserted implant was too long and thus protruded to the base of nasal cavity. The lateral upper lip contour index was from 95.49 to 103.27, and medial upper lip contour index was from 90.92 to 100.49, it was statistically increased, and thus the symmetry was improved. However clinically mild depression remained at nostril floor. Conclusion: Authors performed porous high density polyethylene sheet inlay and onlay insertion for the hypoplasia of the pyriform margin in unilateral cleft lip nasal deformity. It was found that depressed pyriform margin and upper lip were corrected effectively except for the nostril floor, for which an additional soft tissue augmentation would be necessary. The inlay insertion has risk of protrusion, thus the guideline of the use of artificial prosthesis should be observed strictly.

The Effect of LI4-LI11 Electrical Acupuncture at Unaffected Limb on Cerebral Blood Flow in Ischemic Stroke Patients using SPECT (SPECT를 이용한 뇌경색환자의 건측 합곡-곡지 전침치료가 뇌관류에 미치는 영향)

  • Moon, Sang-kwan;Kim, Young-suk;Park, Sung-uk;Jung, Woo-sang;Ko, Chang-nam;Cho, Ki-ho;Bae, Hyung-sup;Lee, Jae-dong;Kim, Deok-yoon
    • Journal of Acupuncture Research
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    • v.21 no.1
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    • pp.111-118
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    • 2004
  • Background and purpose: Opposing-needling technique involves selecting acupoints at unaffected limb. The aim of this study was to evaluate the effect of LI4-LI11 electrical acupuncture at unaffected limb on the cerebral blood flow in ischemic stroke patients using SPECT Methods: We selected 9 ischemic stroke patients. Baseline brain SPECT was done with triple head gamma camera(MultiSPECT3, Siemens, USA) after intravenous administration of 925 MBq of Tc-99m ECD). Fifteen-minute electro-acupuncture at Hapgok(LI 4) and Gokji(LI 11) were applied on unaffected upper limb of subjects. The same dose of Tc-99m ECD was injected during the electro-acupuncture, and the second SPECT images were obtained. Using the computer software(ICON 7.1, Siemens, USA), 3 SPECT slices(upper, middle, lower) surrounding the brain lesion were selected and each slice was divided by 10-16 brain regions. Asymmetry indexes were analyzed in each brain region. We regarded$\geq$10% changes of asymmetry index between before and after electro-acupuncture as significance. Results: Seven Patients(77.8%) had significantly increased perfusion and 2(22.2%) didn't show increased perfusion in post-acupuncture scans compared to pre-acupuncture scans(baseline). The regions of CBF improvement were mostly frontal lobes and anterior temporal lobes. Conclusions: This study demonstrated that LI4-LI11 electro-acupuncture at unaffected limb increased regional cerebral blood perfusion to the corresponding brain areas in ischemic stroke patients.

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