• Title/Summary/Keyword: Long and Short Positions

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Value-at-Risk Models in Crude Oil Markets (원유시장 분석을 위한 VaR 모형)

  • Kang, Sang Hoon;Yoon, Seong Min
    • Environmental and Resource Economics Review
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    • v.16 no.4
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    • pp.947-978
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    • 2007
  • In this paper, we investigated a Value-at-Risk approach to the volatility of two crude oil markets (Brent and Dubai). We also assessed the performance of various VaR models (RiskMetrics, GARCH, IGARCH and FIGARCH models) with the normal and skewed Student-t distribution innovations. The FIGARCH model outperforms the GARCH and IGARCH models in capturing the long memory property in the volatility of crude oil markets returns. This implies that the long memory property is prevalent in the volatility of crude oil returns. In addition, from the results of VaR analysis, the FIGARCH model with the skewed Student-t distribution innovation predicts critical loss more accurately than other models with the normal distribution innovation for both long and short positions. This finding indicates that the skewed Student-t distribution innovation is better for modeling the skewness and excess kurtosis in the distribution of crude oil returns. Overall, these findings might improve the measurement of the dynamics of crude oil prices and provide an accurate estimation of VaR for buyers and sellers in crude oil markets.

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The Effects of Combined Training on the Physical Fitness of Male Short Distance Athletes -A Case Study- (복합트레이닝이 남자육상 단거리 선수의 체력에 미치는 효과 -단일 사례 연구-)

  • Lee, Kyoung-Hyun;Kim, Seok-Hwan
    • PNF and Movement
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    • v.17 no.2
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    • pp.177-187
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    • 2019
  • Purpose: The purpose of this study was to investigate the effects of combined training on the physical fitness of male short distance athletes. Methods: Combined training was applied with CLT and isokinetric training three times a week for eight weeks. For CLT, elastic bands were used in the sitting and standing positions to gradually increase sprint and skating movements. Isokinetic training was conducted at $60^{\circ}/sec$ and $180^{\circ}/sec$ to improve muscle strength and muscle power. Results: After the application of combined training, strength (hand force) improved from 42.25 kg to 47.30 kg. Muscle power for standing long jump improved from 240.00 cm to 248.80 cm, while the sergeant jump improved from 55.00 cm to 58.00 cm. Isokinetic testing showed that muscle strength ($60^{\circ}/sec$) improved from 315.65 %BW to 365.79 %BW for the left extensor and from 306.60 %BW to 325.00 %BW for the right extensor. The left flexor improved from 177.23 %BW to 189.47 %BW, but the right flexor decreased slightly from 210.87 %BW to 201.53 %BW. Muscle power ($180^{\circ}/sec$) improved from 254.00 %BW to 293.00 %BW for the left extensor and from 256.00 %BW to 272.00 %BW for the right extensor. The left flexor improved from 150.00 %BW to 162.00 %BW and the right flexor from 145.25 %BW to 182.00 %BW. Conclusion: Combined training could be used as a physical training program for male short distance athletes.

A Zinc Porphyrin Sensitizer Modified with Donor and Acceptor Groups for Dye-Sensitized Solar Cells

  • Lee, Seewoo;Sarker, Ashis K.;Hong, Jong-Dal
    • Bulletin of the Korean Chemical Society
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    • v.35 no.10
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    • pp.3052-3058
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    • 2014
  • In this article, we have designed and synthesized a novel donor-${\pi}$-acceptor (D-${\pi}$-A) type porphyrin-based sensitizer (denoted UI-5), in which a carboxyl anchoring group and a 9,9-dimethyl fluorene were introduced at the meso-positions of porphyrin ring via phenylethynyl and ethynyl bridging units, respectively. Long alkoxy chains in ortho-positions of the phenyls were supposed to reduce the degree of dye aggregation, which tends to affect electron injection yield in a photovoltaic cell. The cyclic voltammetry was employed to determine the band gap of UI-5 to be 1.41 eV based on the HOMO and LUMO energy levels, which were estimated by the onset oxidation and reduction potentials. The incident monochromatic photon-to-current conversion efficiency of the UI-5 DSSC assembled with double-layer (20 nm-sized $TiO_2$/400 nm-sized $TiO_2$) film electrodes appeared lower upon overall ranges of the excitation wavelengths, but exhibited a higher value over the NIR ranges (${\lambda}$ = 650-700 nm) compared to the common reference sensitizer N719. The UI-5-sensitized cell yielded a relatively poor device performance with an overall conversion efficiency of 0.74% with a short circuit photocurrent density of $3.05mA/cm^2$, an open circuit voltage of 0.54 mV and a fill factor of 0.44 under the standard global air mass (AM 1.5) solar conditions. However, our report about the synthesis and the photovoltaic characteristics of a porphyrin-based sensitizer in a D-${\pi}$-A structure demonstrated a significant complex relationship between the sensitizer structure and the cell performance.

Quantitative Analysis of Automotive Radar-based Perception Algorithm for Autonomous Driving (자율주행을 위한 레이더 기반 인지 알고리즘의 정량적 분석)

  • Lee, Hojoon;Chae, HeungSeok;Seo, Hotae;Yi, Kyongsu
    • Journal of Auto-vehicle Safety Association
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    • v.10 no.2
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    • pp.29-35
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    • 2018
  • This paper presents a quantitative evaluation method and result of moving vehicle perception using automotive radar. It is also important to analyze the accuracy of the perception algorithm quantitatively as well as to accurately percept nearby moving vehicles for safe and efficient autonomous driving. In this study, accuracy of the automotive radar-based perception algorithm which is developed based on interacting multiple model (IMM) has been verified via vehicle tests on real roads. In order to obtain experimental data for quantitative evaluation, Long Range Radar (LRR) has been mounted on the front of the ego vehicle and Short Range Radar (SRR) has been mounted on the rear side of both sides. RT-range has been installed on the ego vehicle and the target vehicle to simultaneously collect reference data on the states of the two vehicles. The experimental data is acquired in various relative positions and velocity, and the accuracy of the algorithm has been analyzed according to relative position and velocity. Quantitative analysis is conducted on relative position, relative heading angle, absolute velocity, and yaw rate of each vehicle.

Static Structural Analysis on the Mechanical behavior of the KALIMER Fuel Assembly Duct

  • Kim, Kyung-Gun;Lee, Byoung-Oon;Woan Hwang;Kim, Young ll;Kim, Yong su
    • Nuclear Engineering and Technology
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    • v.33 no.3
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    • pp.298-306
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    • 2001
  • As fuel burnup proceeds, thermal gradients, differential swelling, and inter-assembly loading may induce assembly duct bowing. Since duct bowing affects the reactivity, such as long or short term power-reactivity-decrement variations, handling problem, caused by top end deflection of the bowed assembly duct, and the integrity of the assembly duct itself. Assembly duct bowing were first observed at EBR-ll in 1965, and then several designs of assembly ducts and core restraint system were used to accommodate this problem. In this study, NUBOW-2D KMOD was used to analyze the bowing behavior of the assembly duct under the KALIMER(Korea Advanced Liquid MEtal Reactor) core restraint system conditions. The mechanical behavior of assembly ducts related to several design parameters are evaluated. ACLP(Above Core Load Pad) positions, the gap distance between the ducts, and the gap distance between the duct and restraint ring were selected as the sensitivity parameter for the evaluation of duct deflection.

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A Preliminary Investigation for the Restoration of the Shape of Seong-ryong Ryu's Armor (서애 류성룡 갑옷의 형태 복원을 위한 기초조사)

  • Park, Ga-Young;Lee, Eun-Joo
    • Journal of the Korean Society of Costume
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    • v.59 no.5
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    • pp.1-18
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    • 2009
  • Due to the severe damages, it is very difficult to fathom out the original shape of the armor of Seong-ryong Ryu(1542-1607) right now. Ryu was a distinguished scholar official of his period, and his remaining armor has been designated as a National Treasure No. 460. This is a study of the types of the used scales, their positions used, the methods of their connections, and their hemmings, to figure out the original process of producing the armor. Based upon the research results, the remaining pieces of the armor are restored according to the discovered contemporary procedure of the armor. Then hypotheses are proposed for the three kinds of armor made up of long pieces, and three kinds of the armor of short pieces, and problems of the proposed hypotheses are considered for further studies. Hopefully this kind of approach shall serve as a ground stone for the better restorations of the scale armors of Joseon period in the future.

A novel method for generation and prediction of crack propagation in gravity dams

  • Zhang, Kefan;Lu, Fangyun;Peng, Yong;Li, Xiangyu
    • Structural Engineering and Mechanics
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    • v.81 no.6
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    • pp.665-675
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    • 2022
  • The safety problems of giant hydraulic structures such as dams caused by terrorist attacks, earthquakes, and wars often have an important impact on a country's economy and people's livelihood. For the national defense department, timely and effective assessment of damage to or impending damage to dams and other structures is an important issue related to the safety of people's lives and property. In the field of damage assessment and vulnerability analysis, it is usually necessary to give the damage assessment results within a few minutes to determine the physical damage (crack length, crater size, etc.) and functional damage (decreased power generation capacity, dam stability descent, etc.), so that other defense and security departments can take corresponding measures to control potential other hazards. Although traditional numerical calculation methods can accurately calculate the crack length and crater size under certain combat conditions, it usually takes a long time and is not suitable for rapid damage assessment. In order to solve similar problems, this article combines simulation calculation methods with machine learning technology interdisciplinary. First, the common concrete gravity dam shape was selected as the simulation calculation object, and XFEM (Extended Finite Element Method) was used to simulate and calculate 19 cracks with different initial positions. Then, an LSTM (Long-Short Term Memory) machine learning model was established. 15 crack paths were selected as the training set and others were set for test. At last, the LSTM model was trained by the training set, and the prediction results on the crack path were compared with the test set. The results show that this method can be used to predict the crack propagation path rapidly and accurately. In general, this article explores the application of machine learning related technologies in the field of mechanics. It has broad application prospects in the fields of damage assessment and vulnerability analysis.

Measurement of losses in mirror using cavity ring-down method (공동 광자 감쇠시간 측정 방법을 이용한 반사경의 손실 측정)

  • Shin, Myung-Jin;Cho, Hyun-Ju;Lim, Kyung-Ah;Moon, Young-Kwon;Moon, Gun;Lee, Jae-Cheul
    • Korean Journal of Optics and Photonics
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    • v.11 no.2
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    • pp.123-129
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    • 2000
  • We set up a loss measurement apparatus using cavity ring-down method to get the losses in mirror having a small absorption and scattering. The measured errors could be explained by the loss inhomogeneity of the position of the mirror included in the cavity, and we knew that the long~period measurement limit of apparatus is three days, the minimum error limit of Lhe term is 4 ppm, which were gotten by measuring the long-period and short-period decay time in both reference and test cavity. Also we determined the losses m various mirrors fabricated at our laboratory using the apparatus and we found that the losses in mirrors are quite different at their spatial positions. tions.

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A Study on Uniform Design Applied Orientalism (오리엔탈리즘을 응용한 유니폼 디자인 연구 - 한국·일본·중국의 전통의상을 중심으로 -)

  • Jin, Kyung-Ok;Lee, Min-Jung
    • Fashion & Textile Research Journal
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    • v.5 no.5
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    • pp.443-452
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    • 2003
  • People have been getting interested in the Orientalism and it has come up in various areas due to scientific progress. I designed uniforms, which was simple and western, to show its symbolic meanings in the Orientalism. And I have been trying to generalize uniforms with originality and beauty. I have studied the process of the Orientalism and its changes and transitions, concepts and origins in history. And I applied the styles of Korean, Japanese and Chineses costume on it. I also referred to characters of uniforms, which already had images of Korea, Japan and China. Firstly, Korean styles have a contrast in colors by application of Taegeuk. And they gave lines with dark colors in black one-piece dress. This makes people who are wearing looking slimmer. White ramie top looks fresh and Korean traditional tie called Maedeup is set up for button. Secondly, Japanese styles were mainly Kimono style, one piece. They changed into two pieces designed to be active. So, it has emphasized the image of Kimono with Obi at the waist. Thirdly, Chinese styles basically are Chipao style, which has a Chinese collar and a long skirt, which has opening. But they gradually changed into short skirts and more open in the chest. For one of them, they gave lines in the side of chest, sleeves and skirt to be more natural. The costumes have kept their positions as a part of mass society that grows and changes with speed. And oriental uniforms are not just uniforms any longer only for work. It is quite symbolic like a 'second face' as it represents images for their countries and enterprises.

A Kinematic Comparison between the Racquetball Backhand and Squash Backhand Strokes (라켓볼 백핸드와 스쿼시 백핸드 스트로크 동작의 운동학적 비교)

  • Kim, Seoung-Eun;Kim, Seung-Kwon
    • Korean Journal of Applied Biomechanics
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    • v.20 no.2
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    • pp.139-148
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    • 2010
  • The purpose of this study was to comparatively analyze the kinematic variables between the squash backhand and racquetball backhand strokes through three-dimensional cinematography. Three expert racquetball players and three expert squash players were involved in the data gathering process. The horizontal, vertical and lateral displacement of racket and trunk segment, intersegmental angular velocity of the wrist, elbow and shoulder joints, and the linear velocity of the racket were descriptively analyzed, and the followings were concluded. The racket of the squash backhand stroke showed an 'U' shaped movement where the racket moved rapidly downward and moved forward to make an impact and followed through to a front-top finish, while the racket of racquetball backhand stroke showed an 'O' shaped movement where the racket showed circular movement through the rear and bottom positions for the impact, and showed rotation through the lower-front and upper front to a upper-rear-ward finish during the follow-through. The peak velocity of racket was found before the impact point in the squash backhand stroke and at the impact point in the racquetball backhand stroke. For the final conclusion, for the squash backhand stoke, instructors might be better to make the racket move downward to make highest velocity before the impact and finished short follow-through, while for the racquetball backhand stroke, to make the racket move forward to make highest velocity at the impact and finished rather long follow-through.