• Title/Summary/Keyword: CCI

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Herding Behavior and Cryptocurrency: Market Asymmetries, Inter-Dependency and Intra-Dependency

  • JALAL, Raja Nabeel-Ud-Din;SARGIACOMO, Massimo;SAHAR, Najam Us;FAYYAZ, Um-E-Roman
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.27-34
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    • 2020
  • The study investigates herding behavior in cryptocurrencies in different situations. This study employs daily returns of major cryptocurrencies listed in CCI30 index and sub-major cryptocurrencies and major stock returns listed in Dow-Jones Industrial Average Index, from 2015 to 2018. Quantile regression method is employed to test the herding effect in market asymmetries, inter-dependency and intra-dependency cases. Findings confirm the presence of herding in cryptocurrency in upper quantiles in bullish and high volatility periods because of overexcitement among investors, which lead to high volume trading. Major cryptocurrencies cause herding in sub-major cryptocurrencies, but it is a unidirectional relation. However, no intra-dependency effect among cryptocurrencies and equity market is observed. Results indicate that in the CKK model herding exists at upper quantile in market that may be due when the market is moving fast, continuously trading, and bullish trend are prevailing. Further analysis confirms this narrative as, at upper quantile, the beta of bullish regime is negative and significant, meaning the main source of market herding is a bullish trend in investment, which increases market turbulence and gives investors opportunity to herd. Also, we found that herding in cryptocurrencies exits in high volatility periods, but this herding mostly depends on market activity, not market movement.

Mapping Biodiversity throughoptimized selection of input variables in decision tree models (의사결정나무 변수 선정 방법을 적용한 대축적 생물다양성 지도 구축)

  • Kim, Do Yeon;Heo, Joon;Kim, Chang Jae
    • Journal of Environmental Impact Assessment
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    • v.20 no.5
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    • pp.663-673
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    • 2011
  • In the face of accelerating biodiversity loss and its significance in our coexistence with nature, biodiversity is becoming more crucial in sustainable development perspective. To estimate biodiversity in the future which provides valuable information for decision making system especially in the national level, a quantitative approach must be studied forehand as a baseline of the present status. In this study, we developed a large-scale map of Plant Species Richness (PSR, typical indicator of biodiversity) for Young-dong and Pyung-chang provinces. Due to the accessibility of appropriate data and advance of modelling techniques, reduction of variables without deteriorating the predictive power is considered by applying Genetic algorithm. In addition, a number of Correctly Classified Instances (CCI) with 10-fold cross validation which indicates the predictive power, was carried out for evaluation. This study, as a fundamental baseline, will be beneficial in future land work as well as ecosystem restoration business or other relevant decision making agenda.

Exact Performance Analysis of AF Based Hybrid Satellite-Terrestrial Relay Network with Co-Channel Interference

  • Javed, Umer;He, Di;Liu, Peilin
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.9
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    • pp.3412-3431
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    • 2015
  • This paper considers the effect of co-channel interference on hybrid satellite-terrestrial relay network. In particular, we investigate the problem of amplify-and-forward (AF) relaying in hybrid satellite-terrestrial link, where the relay is interfered by multiple co-channel interferers. The direct link between satellite and terrestrial destination is not available due to masking by surroundings. The destination node can only receive signals from satellite with the assistance of a relay node situated at ground. The satellite-relay link is assumed to follow the shadowed Rice fading, while the channels of interferer-relay and relay-destination links experience Nakagami-m fading. For the considered AF relaying scheme, we first derive the analytical expression for the moment generating function (MGF) of the output signal-to-interference-plus-noise ratio (SINR). Then, we use the obtained MGF to derive the average symbol error rate (SER) of the considered scenario for M-ary phase shift keying (M-PSK) constellation under these generalized fading channels.

The Effect on the Mathematical Creativity and Disposition by the Open-ended Learning Activity Approach (개방형 학습활동이 수학적 창의력 및 수학적 성향에 미치는 효과)

  • Beak, Jong-Suk;Ryu, Sung-Rim
    • The Mathematical Education
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    • v.47 no.2
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    • pp.135-154
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    • 2008
  • The purpose of this study is to help to improve the method of math teaching by analysing how learner-centered teaching method offsets mathematical creativity and mathematical disposition. For this purpose, research questions are established as follows; (1) Mathematical creativity between open-ended learning activity approach(OLAA) and general classroom-based instruction(GCI) shows any difference? (2) Mathematical disposition between OLAA and GCI shows any difference? The results obtained through this study were as follows: (1) There was significant difference between OLAA group and CCI group in mathematical creativity. This means that open-ended learning activity approach was generally more effective in improving mathematical creativity than general classroom-based instruction. (2) There was no significant difference between OLAA group and GCI group in mathematical disposition. But the average scores of mathematical disposition except mathematical confidence improved a little. So we can say that open-ended learning activity approach brought an positive influence on students' mathematical disposition. The results obtained in this study suggest that the OLAA can be used to cultivate the children's mathematical creativity and disposition. Therefore, I suggest that teachers should use the OLAA to improve the children's mathematical creativity and disposition.

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Performance Analysis of Reuse-Partitioning-Based Cellular System in Multicell Environment (멀티 셀 환경에서 주파수 분할 재사용 기반 셀룰러 시스템의 성능 분석)

  • Kim, Seung-Yeon;Myung, Kwang-Sik;Ryu, Seung-Wan;Cho, Choong-Ho;Lee, Hyong-Woo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.34 no.9B
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    • pp.892-899
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    • 2009
  • Reuse-partitioning is a simple technique that can be used to improve the capacity of a cellular system. In the previous researches, authors do not explain how a channel is selected and what happens when there is no channel available when a call arrives. Therefore, in this paper, we describe a simple channel selection procedure and analyze the performance of a system. The performance is presented in terms of the channel utilization and call blocking probability by varying offered load per cell. Our analytical results may be added in a realistic performance analysis of reuse-partitioning-based system.

Hepatoprotective Effect of Lactic Acid Bacteria, Inhibitors of $\beta$-Glucuronidase Production Against Intestinal Microflora

  • Han Song Yi;Huh Chul Sung;Ahn Young Tae;Lim Kwang Sei;Baek Young Jin;Kim Dong Hyun
    • Archives of Pharmacal Research
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    • v.28 no.3
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    • pp.325-329
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    • 2005
  • The hepatoprotective activity of lactic acid bacteria (Lactobacillus brevis HY7401, Lactobacillus acidophilus CSG and Bifidobacterium longum HY8001), which inhibited $\beta$-glucuronidase productivity of intestinal microflora, on t-BHP- or CCl$_4$-induced hepatotoxicity of mice were evaluated. These oral administration of lactic acid bacteria lowered $\beta$-glucuronidase production of intestinal microflora as well as Escherichia coli HGU-3. When lactic acid bacteria at a dose of 0.5 or 2 g (wet weight)/kg was orally administered on CCl$_4$-induced liver injury in mice, these bacteria significantly inhibited the increase of plasma alanine transferase and aspartate transferase activities by $17-57\%$ and $57-66\%$ of the $CCI_4$ control group, respectively. These lactic acid bacteria also showed the potent hepatoprotective effect against t-BHP-induced liver injury in mice. The inhibitory effects of these lactic acid bacteria were more potent than that of dimethyl diphenyl bicarboxylate (DDB), which have been used as a commercial hepatoprotective agent. Among these lactic acid bacteria, L. acidophilus CSG exhibited the most potent hepatoprotective effect. Based on these findings, we insist that an inhibitor of $\beta$-glucuronidase production in intestine, such as lactic acid bacteria, may be hepatoprotective.

Synthesis and Characterization of Sulfonated Polyetherimide (Sulfonated Polyetherimide 합성 및 특성)

  • 김완주;최남석;최중구;김인철;김종호;탁태문
    • Membrane Journal
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    • v.9 no.1
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    • pp.10-16
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    • 1999
  • In this study, polyetherimide with pellet state was sulfonated with a chlorosulfonic acid. The volume ratio of carbon tetrachloride (CCI$_4$/1,2-dichloroethane (DCE) was 5/1. Therefore, sulfonated polyetherimide of anionic charge and more hydrophilicity were produced. The optimum reaction conditions of sulfonation were that PES/CSA mole ratio was I/I, temperature were lO$^{\circ}$ and reaction time were 3hr. SPEls having ion capacity in the range of 0.2-1.2meq/mg were synthesized. Through FT-IR, sulfonic acid peak was shown at 1020cm$^{-1}$ and 1170cm$^{-1}$ Polymer dispersity index was broad and we confirmed that PEl was hydrophilzed in the measure of contact angle.

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Hybrid Model Approach to the Complexity of Stock Trading Decisions in Turkey

  • CALISKAN CAVDAR, Seyma;AYDIN, Alev Dilek
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.9-21
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    • 2020
  • The aim of this paper is to predict the Borsa Istanbul (BIST) 30 index movements to determine the most accurate buy and sell decisions using the methods of Artificial Neural Networks (ANN) and Genetic Algorithm (GA). We combined these two methods to obtain a hybrid intelligence method, which we apply. In the financial markets, over 100 technical indicators can be used. However, several of them are preferred by analysts. In this study, we employed nine of these technical indicators. They are moving average convergence divergence (MACD), relative strength index (RSI), commodity channel index (CCI), momentum, directional movement index (DMI), stochastic oscillator, on-balance volume (OBV), average directional movement index (ADX), and simple moving averages (3-day moving average, 5-day moving average, 10-day moving average, 14-day moving average, 20-day moving average, 22-day moving average, 50-day moving average, 100-day moving average, 200-day moving average). In this regard, we combined these two techniques and obtained a hybrid intelligence method. By applying this hybrid model to each of these indicators, we forecast the movements of the Borsa Istanbul (BIST) 30 index. The experimental result indicates that our best proposed hybrid model has a successful forecast rate of 75%, which is higher than the single ANN or GA forecasting models.

Co-channel Interference Mitigation using Orthogonal Transmission Scheme for Cooperative Communication System with Decode-and-Forward Relays (복조후 전송 중계기를 이용한 협력통신 시스템에서 직교 전송 개념을 이용한 동일 채널 간섭 완화)

  • Kim, Eun-Cheol;Seo, Sung-Il;Kim, Jin-Young
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.9 no.1
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    • pp.34-41
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    • 2010
  • In this paper, we analyze and simulate co-channel interference (CCI) mitigation method for cooperative communication systems employing decode-and-forward relays. In co-channel interference mitigation method, A source transmits signals that are encoded by orthogonal code. Then, the receiver can distinguish its own signals form the received signals by using the orthogonal code which is already known to the receiver. The orthogonal codes applied to this paper are orthogonal Gold codes. However, we can employ other codes, which have orthogonality, as the orthogonal code. In addition, we utilize a space time block coding (STBC) scheme for enhancing the system performance by obtaining additional array gain.

Solvent and Concentration Effects on Carbonyl Stretching Frequencies: Dialkyl Ketones (카르보닐 신축진동 파수에 대한 용매 및 농도 효과: 디알킬 케톤)

  • Jung, Young-Mee;Kang, Jae-Soo;Nam, Sang-Il;Lee, Mu-Sang
    • Journal of the Korean Chemical Society
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    • v.40 no.6
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    • pp.415-419
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    • 1996
  • Hydrogen bonding, dielectric effects and steric effects are all factors which determine the carbonyl stretching frequency, νC=O of ketones in solution. The νC=O frequency of ketones is affected by change in concentration of ketones in various solvents. The νC=O frequency shifts to lower frequency in nonpolar solvents and shifts to higher frequency in polar solvents with the increasing volume% of ketones. In acetonitrle, the νC=O frequency shifts to higher frequency as the volume% of ketones is increased except dimethyl ketone. The νC=O frequency shifts to lower frequency as the solvent system becomes increasingly polar or with the increasing extent of intermolecular hydrogen bonding, as in the case of increasing volume% chloroform in $CHCl_3$/$CCl_4$ solvent system.

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