• The Bulletin of The Korean Astronomical Society
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• v.44 no.1
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• pp.79.3-79.3
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• 2019

Observational evidence for intrinsic galaxy alignments in isolated spiral pairs is presented. From the catalog of the galaxy groups identified by Tempel et al. in the flux-limited galaxy sample of the Sloan Digital Sky Survey Data Release 10, we select those groups consisting only of two spiral galaxies as isolated spiral pairs and investigate if and how strongly the spin axes of their two spiral members are aligned with each other. We detect a clear signal of intrinsic spin alignment in isolated spiral pairs, which leads to the rejection of the null hypothesis at the 99.9999% confidence level via the Rayleigh test. It is also found that those isolated pairs comprising two early-type spiral galaxies exhibit the strongest signal of intrinsic spin alignment and that the strength of the alignment signal depends on the angular separation distance as well as on the luminosity ratio of the member galaxies. Using the dark matter halos consisting of only two subhalos resolved in the EAGLE hydrodynamic simulations, we repeat the same analysis but fail to find any alignment tendency between the spin angular momentum vectors of the stellar components of the subhalos, which is in tension with the observational result. Several possible sources of this apparent inconsistency between the observational and the numerical results are discussed.

• Journal of the Korean Society of Propulsion Engineers
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• v.23 no.1
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• pp.1-8
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• 2019

To analyze the dynamic behavior and the structure of the gaseous methane-gaseous oxygen diffusion flame formed by a swirl/shear-coaxial injector, combustion experiments were carried out under different propellant injection conditions. As a result, the OH radical emission intensity of the diffusion flame visualized through chemiluminescence was observed to increase as the propellant mass flow and the momentum flux ratio increased. And flames with swirl showed a more high radical emission intensity than those without swirl.

• The Bulletin of The Korean Astronomical Society
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• v.44 no.1
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• pp.35.2-35.2
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• 2019

Observational evidence for intrinsic galaxy alignments in isolated spiral pairs is presented. From the catalog of the galaxy groups identified by Tempel et al. in the flux-limited galaxy sample of the Sloan Digital Sky Survey Data Release 10, we select those groups consisting only of two spiral galaxies as isolated spiral pairs and investigate if and how strongly the spin axes of their two spiral members are aligned with each other. We detect a clear signal of intrinsic spin alignment in isolated spiral pairs, which leads to the rejection of the null hypothesis at the 99.9999% confidence level via the Rayleigh test. It is also found that those isolated pairs comprising two early-type spiral galaxies exhibit the strongest signal of intrinsic spin alignment and that the strength of the alignment signal depends on the angular separation distance as well as on the luminosity ratio of the member galaxies. Using the dark matter halos consisting of only two subhalos resolved in the EAGLE hydrodynamic simulations, we repeat the same analysis but fail to find any alignment tendency between the spin angular momentum vectors of the stellar components of the subhalos, which is in tension with the observational result. Several possible sources of this apparent inconsistency between the observational and the numerical results are discussed.

• Asia-Pacific Journal of Business
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• v.11 no.4
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• pp.243-254
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• 2020

Purpose - This paper explores whether overnight returns measured from the last closing price to today's opening price explain the cross-section of stock returns. Design/methodology/approach - This study is conducted using the Korean stock market data from 1998 to 2018, obtained from DataGuide database. The analysis begins with portfolio-level tests, followed by firm-level cross-sectional regressions. Findings - First, when decile portfolios sorted on the daily average of overnight returns in the previous months, the highest decile portfolio exhibits a significant negative risk-adjusted return. This suggests that stocks with higher average overnight returns are temporarily overvalued due to buying pressure from investors. Second, at least 6 months of persistence exists in average overnight returns, which is in line with the results reported by Barber, Odean and Zhu (2009) that investor sentiment persists over several weeks. Finally, Fama-MacBeth cross-sectional regression of expected returns after controlling for a variety of firm characteristic variables such as firm size, book-to-market ratio, market beta, momentum, liquidity, short-term reversal, the slope coefficient for overnight returns remains negative and statistically significant. Research implications or Originality - Overall, the evidence consistently suggests that overnight return is considered as a new priced factor in the cross-section of expected returns. The findings of this paper not only adds to finance literature, but also could be useful to practitioners in making stock investment decision.

• The Journal of Industrial Distribution & Business
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• v.13 no.1
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• pp.23-32
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• 2022

Purpose: This study used ESG grade, but defined AESG, adjusted to the size of a company and examines whether it can be used as an investment strategy. Research design, data and methodology: The analysis sample in this study is a company that has given an ESG rating among companies listed on the Korea Stock Exchange. We examine the results through portfolio analysis and Fama-macbeth regression analysis. Results: As result of examining the long-only performance and the long-short performance by constructing quintile portfolios, it was observed that a significant positive return was shown. It was observed that there was an alpha that could not be explained in asset pricing models. Also, AESG had a return prediction effect in the result of a Fama-Macbeth regression that controlled corporate characteristic variables in individual stocks. Next, we confirmed AESG's usage through various portfolio composition. In the portfolio optimization, the Risk Efficient method was the most superior in terms of sharpe ratio and the construct multi-factor model with Value, Momentum and Low Vol showed statistically significant performance improvement. Conclusions: The results of this study suggest that it can be helpful in ESG investment to reflect the ESG rating of relatively small companies more through the scale adjustment of the ESG rating (i.e.AESG).

• Nuclear Engineering and Technology
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• v.56 no.7
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• pp.2545-2556
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• 2024

In the present study, we investigated the velocity distribution, temperature distribution and condensation characteristics of steam jet issuing from four different orifice nozzles with a Reynolds number of approximately 79,000 using the phase Doppler particle analyzer system and a K-type thermocouple. The steam jet discharged from the orifice nozzle has a wider jet width compared to pipe nozzle because of the vena-contracta which can enhance the mixing of steam jet with the ambient air. Therefore, the orifice jet showed less condensation due to its wideness, resulting in small velocity decay rate and large temperature decay rate due to momentum conservation and decreased latent heat release compared to pipe nozzle, respectively. Also, the wider jet width of the orifice jet resulted in larger velocity and temperature spread rate compared to the pipe jet. In addition, the increase in the aspect ratio of the orifice jet led to more condensation and larger velocity spread rate and temperature spread rate due to both the vena-contracta and axis-switching effect, resulting in the increase of jet entrainment.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.11 no.1
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• pp.117-124
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• 1991

Based on the momentum equation for the flow in a stream bend, the force per unit area which the flow exerts on the outer of a bend is directly proportional to a certain curvature coefficient, $C{\alpha}$. This coefficient is dependent on the ratio of bend radius(R) to flow width(W), as well as on the coefficient of dynamic bedload friction, $tan{\alpha}$. According to the results of the data analysis for the downstrream at the Han river, the range of R/w values is between 2.0 and 4.0. Exploring the variations of $C{\alpha}$ with R/w values a functional relationship which, for the known values of $tan{\alpha}$, shows maximum values of $C{\alpha}$ for R/w values between 2.21 and 4.42 in 1963, while in 1981 its values lied between 1.93 and 3.54.

• Transactions of the Korean Society of Mechanical Engineers
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• v.15 no.1
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• pp.355-365
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• 1991

New definition for the interaction of flames is introduced and interacting turbulent diffusion flames issuing from two rectangular nozzles are investigated on the basis of the definition. Theoretical study through numerical model is carried out and experiment for validation is conducted. The characteristics of interaction due to the variation of major parameters such as nozzle spacing, Reynolds number and nozzle aspect ratio are studied. Results show that strong interaction occurs for small nozzle spacing, small Reynolds number and large aspect ratio. In order of their magnitude, the intensity of interactions on the individual transport mechanism is momentum, heat and mass. It is also found that interaction makes flames longer, tilted and finally merged. Increase of velocities and temperature, decrease of oxygen concentration and depression of turbulence are occurred in the region between flames.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.46 no.6
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• pp.496-502
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• 2018

In this study, experimental and analytical studies were carried out to observe the phenomenon of aerodynamic throat formed according to the primary flow and secondary flow momentum of the ejector. The equilibrium interval of the aerodynamic throat, which is the main variable of the ejector performance, was observed through the experiment using the cold flow experiment and the analysis using FLUENT. Performance characteristics were investigated by the change of the primary flow rate and the throat diameter of the ejector cylinder. As a result, the performance of the standard ejector was confirmed to be within the range of 0.33~1.167(off-design/design) and cylinder throat diameter range of 1~1.17(off-design/design area ratio).

• Korean Journal of Applied Biomechanics
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• v.22 no.2
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• pp.159-171
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• 2012

The purpose of this study was to provide information about kinematic variables of the gliding and delivery motion of Hyung-Keun Lee, a high school shot putter who was ranked 1st at the 2011 National Sports Festivals. Three-Dimensional motion analysis using a system of 4 video cameras at a sampling frequency of 60 Hz was conducted during shot-putting events at the 2011 National Sports Festivals. During the gliding and delivery phase of the player the results showed following characteristics; 1) The gliding technique types of the player appeared to be the short-long technique as the gliding and stance length ratio were $42.3{\pm}3.87$ % and $57.7{\pm}3.87$ %, respectively. In addition, the trajectory of shots during the gliding and delivery phase showed different trajectory patterns with "S-shaped" type of elite players due to the deviation from a central axis of the APSS (athletic-plus shot system). 2) The horizontal velocity of COG made from gliding should maintain the velocity during transition and release phase, but the player showed a small momentum for a gradual decrease of velocity. 3) Therefore, the player requires to adjust an appropriate ratio between gliding and stance length with a strong muscle power at the trunk, throwing arm, and the lower extremity during gliding and delivery phase.