• 제목/요약/키워드: Conventional Stocks

검색결과 29건 처리시간 0.025초

Risk and Return of Islamic and Conventional Indices on the Indonesia Stock Exchange

  • SURYADI, Suryadi;ENDRI, Endri;YASID, Mukhamad
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.23-30
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    • 2021
  • The purpose of this study is to compare the level of risk and return of Islamic stocks in the Jakarta Islamic Index (JII) with conventional stocks on the IDX30 in the period from January 2017 to July 2019. The Sharpe ratio method is used to calculate risk and stock returns. The performance of the stock portfolio is measured by comparing the risk premium portfolio with the portfolio risk that is expressed as a standard deviation of the total risk. This study uses secondary data collected by the Indonesia Stock Exchange (IDX), which provides the names of stock issuers included in the JII and IDX30 indices along with their montly closing price. The results of the descriptive analysis show that the JII Sharpe ratio index from January 2017 to July 2019 is from the minimum range of -0.28820 to a maximum range of 0.05622, while the IDX30 Sharpe ratio index from January 2017 to July 2019 is from the minimum range of -0.09290 to the maximum range of 0.17436. The results of inferential analysis using a different test show that there is a significant difference between the Sharpe ratio JII and IDX30 in measuring the performance of the stock portfolio.

An Introductory Study on Imperfect Maintenance Effect in Rolling Stocks

  • Kim, Jong-Woon;Han, Seok-Yun;Chung, Jong-Duk
    • International Journal of Railway
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    • 제1권2호
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    • pp.59-63
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    • 2008
  • The maintenance effect is a peculiar factor applied to repairable systems such as rolling stocks. Conventional statistical analysis for failure times takes into account one of the two following extreme assumptions, namely, the state of the system after maintenance is either as "good as new" (GAN, perfect maintenance model) or as "bad as old" (BAO, minimal maintenance model). Most of the papers concerning the stochastic behavior of railroad systems assume two types of maintenance: perfect and minimal maintenance. However, Lee, Kim & Lee (2008) analyzed the failure data of a door system in Metro EMU and the effect of preventive maintenance was imperfect. It is seen that the imperfect maintenance is of great significance in practice. This article describes how to deal with the maintenance effect in reliability studies of rolling stocks. Maintenance policies under imperfect maintenance are described and the method is proposed to evaluate their performance.

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철도차량의 신뢰성관리 유지보수 활성화 방안 (Reliability management maintenance of Rolling stock and its activation plan)

  • 강기석
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2010년도 춘계학술대회 논문집
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    • pp.1650-1655
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    • 2010
  • This paper presents an activation plan for reliability centered maintenance (RCM) of rolling stock. The KTX is carrying out the maintenance in compliance with RCM. MKBSF, that is one of the reliability indices for KTX, is shown 183,483 km in 2009, whereas it is shown 68,986 km in 2004. It means that the reliability of KTX has been growing every year. It also is result of reliability management activities. KORAIL did not apply RCM until now about the conventional rolling stocks. But KORAIL decided that applies RCM system because of reliability management effect of KTX. In this study, we tried to know an activation plan for the reliability centered maintenance of the conventional rolling stocks.

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전철화된 호남선에서의 전기차량에 의한 전차선로 측정 및 평가 (The measurement and evaluation of catenary system by using electric rolling stock on Honam-Line electrified)

  • 안영훈;현충일
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2004년도 춘계학술대회 논문집
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    • pp.1286-1291
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    • 2004
  • This paper was showed evaluation method and technical items for measurement test of new catenary system of Honam(Daejeon - Mokpo) conventional railway electrified. This line have tested by three type new electric rolling stocks in order to test construction quality and operation safety of a new catenary system with speed-up than conventional speed. We have some important experiences through measurement test of catenary system by new device installed on train roof.

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유한요소법을 이용한 Valve-Spring Retainer의 공정해석 (Application of F.E.M to the Forming Process of Valve-Spring Retainer)

  • 오현석;박성호;황병복
    • 한국소성가공학회:학술대회논문집
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    • 한국소성가공학회 1995년도 추계학술대회논문집
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    • pp.57-68
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    • 1995
  • A design methodology is applied for manufacturing the valve-spring retainer component. The design criterion is the forging load within the available press limit. Also, the final product should not have any geometrical defect. The rigid-plastic TEM has been applied to simulate the conventional five-stage manufacturing processes, which include mainly backward extrusion and heading process. Simulations of one step process from selected stocks to the final product shape are performed for a possibly better process than the conventional one.

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균등다층연산 신경망을 이용한 금융지표지수 예측에 관한 연구 (The Study of the Financial Index Prediction Using the Equalized Multi-layer Arithmetic Neural Network)

  • 김성곤;김환용
    • 한국컴퓨터정보학회논문지
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    • 제8권3호
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    • pp.113-123
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    • 2003
  • 본 논문에서는 주식의 종가, 거래량 기술적 지표인 MACD(Moving Average Convergence Divergence) 값과 투자 심리선값을 입력 패턴으로 사용하여 개별 금융지표지수에 대한 매도, 중립 및 매수 시점 예측을 수행하는 신경망 모델이 제안된다. 이 모델은 역전파 알고리즘을 이용한 시계열 예측 기능과 균등다층연산 기능을 갖는다. 학습 데이터의 수가 각 범주들(매도, 중립, 매수)에 균일하게 분포되어 있지 않을 경우 기존의 신경망은 가장 우세한 범주의 예측 정확성만을 향상시키는 문제점을 가지고 있다. 따라서, 본 논문에서는 신경망의 구조, 동작, 학습 알고리즘에 대해 표현한 후 다른 범주의 예측 정확성도 향상시키기 위해 각 범주의 중요성을 이용하여 학습 데이터의 수를 조절하는 균등다층연산 방법을 제안한다. 실험 결과, 균등다층연산 신경망을 이용한 금융지표지수 예측 방법이 기존의 신경망을 이용한 금융지표지수 예측 방법 보다 각 범주에 대해 높은 정확성 비율을 보임을 확인할 수 있었다.

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철도차량 연구개발을 통합관리하기 위한 공학 DB 구축에 관한 연구 (Development of an EDMS for R&D projects to develop new rolling stocks)

  • 구정서;노규석;황우정
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2002년도 춘계학술대회 논문집
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    • pp.392-398
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    • 2002
  • In this paper, an engineering database management system(EDMS) has been developed to support the system engineering for design of the high speed titling train to be put into the conventional lines. The developed system can be operated on client-server or web circumstances. To accomplish the concurrent engineering in design of the rolling stocks, this system has been fully equipped with a powerful viewer and a postprocessor for 3D CAD data or FE results. The system was tested using the engineering data produced during carrying out the G7 project to design KHST(Korean High Speed Train) in a crashworthy viewpoint. Through this example, it is shown that the system should be powerfully applied to improving the performance of the system engineering.

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Frictional Characteristics of the Lubricants Formulated with Non-Conventional Base Stocks

  • Moon, Woo-Sik;Lee, Jong-Hun
    • Tribology and Lubricants
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    • 제11권5호
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    • pp.144-149
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    • 1995
  • Use of high-quality basestocks is increasing to produce high-performance lubricants. However, their tribological characteristics have not been understood clearly yet. In this study, a newly developed basestock from a fuel hydrocracker and a poly-alpha-olefin are selected and investigated on the properties of lubricants formulated with them. The Lubricants are prepared by blending the basestocks with typical additives such as a zinc dialkyldithiophosphate, a dispersant, a detergent and a dispersant-inhibitor package. Frictional and wear-preventing properties are investigated using an oscillating-type wear-testing machine. The contact is a ball-on-disk mode and the testing temperature is varied from room temperature to 200$^{\circ}$C. The results show that their frictional property is varied significantly and that the non-conventional oils result in lower friction and lower wear compared with conventional lubricants, especially at the higher temperatures.

ACTUAL STATE AND PRACTICAL USE OF THE FACTORY-STYLE PLANT PRODUCTION SYSTEM USING TISSUE CULTURE

  • Holdgate, D.P.;Zandvoort, E.A.
    • 한국생물환경조절학회:학술대회논문집
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    • 한국생물환경조절학회 1996년도 국제심포지움 21세기 첨단식물생산시스템의 실용화
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    • pp.41-62
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    • 1996
  • Since 1966 tissue culture has been used as a tool for the production of disease indexed stocks from selected plants and their rapid (clonal) mass propagation through the procedure now referred to as micropropagation. The major advantages have been the rapid introduction of new plant cultivars, created within conventional and mutation breeding programmes, as healthy stock for beneficial distribution and the expansion of the world wide horticultural industry. (omitted)

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실무 적용성 제고를 위한 R&D Portfolio 모형 확장 연구 (A Study of R&D Portfolio Model Expansion for Improving Practical Application)

  • 안태호
    • 경영과정보연구
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    • 제19권
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    • pp.1-15
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    • 2006
  • The concept of portfolio is rarely understood and used in R&D management field. The conventional management technique in selecting R&D projects is scoring each projects and choosing projects based on the scores which are determined during evaluation. As a collection of good stocks is not necessarily a good stock portfolio, a collection of good R&D projects is not always a good R&D project portfolio. In this paper, framework and practical technique for constructing a R&D project portfolio are introduced. This technique can be easily applied in private and plublic R&D institutes.

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