• Title/Summary/Keyword: Split ratio

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Market Responses and Liquidity Effect to Stock Splits in Korea (우리나라에서 주식분할에 따른 시장반응과 유동성효과)

  • Hwang, Sun-Wung;Shin, Woo-Yong
    • The Korean Journal of Financial Management
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    • v.24 no.4
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    • pp.201-232
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    • 2007
  • In this study, we investigated public announcements of stock splits using the Korean Stock Market data from 2000 through 2007. The purposes of this study are to examine whether stock splits have the information contents in the Korean capital markets, and to investigate the possible cause of the market reactions. We measured the market reactions with abnormal returns, cumulative abnormal returns and cumulative average abnormal returns. For the purpose, two specific hypotheses were tested. One is 'Signalling Effects' where stock splits function as a signal through which managers transmit a favorable information for investors. The other is 'Liquidity Effects' where stock splits increase the trading convenience. We have th following results. Firstly, positive market effects were found when stock splits were announced. Secondly, there was difference in trading convenience between the high and the low split ratios. Finally, the long term performance through stock splits in the Korean capital markets was not significant.

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Performance Analysis on Declustering High-Dimensional Data by GRID Partitioning (그리드 분할에 의한 다차원 데이터 디클러스터링 성능 분석)

  • Kim, Hak-Cheol;Kim, Tae-Wan;Li, Ki-Joune
    • The KIPS Transactions:PartD
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    • v.11D no.5
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    • pp.1011-1020
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    • 2004
  • A lot of work has been done to improve the I/O performance of such a system that store and manage a massive amount of data by distributing them across multiple disks and access them in parallel. Most of the previous work has focused on an efficient mapping from a grid ceil, which is determined bY the interval number of each dimension, to a disk number on the assumption that each dimension is split into disjoint intervals such that entire data space is GRID-like partitioned. However, they have ignored the effects of a GRID partitioning scheme on declustering performance. In this paper, we enhance the performance of mapping function based declustering algorithms by applying a good GRID par-titioning method. For this, we propose an estimation model to count the number of grid cells intersected by a range query and apply a GRID partitioning scheme which minimizes query result size among the possible schemes. While it is common to do binary partition for high-dimensional data, we choose less number of dimensions than needed for binary partition and split several times along that dimensions so that we can reduce the number of grid cells touched by a query. Several experimental results show that the proposed estimation model gives accuracy within 0.5% error ratio regardless of query size and dimension. We can also improve the performance of declustering algorithm based on mapping function, called Kronecker Sequence, which has been known to be the best among the mapping functions for high-dimensional data, up to 23 times by applying an efficient GRID partitioning scheme.

COMPARISON OF SPEECH PATTERNS ACCORDING TO THE DEGREE OF SURGICAL SETBACK IN MANDIBULAR PROGNATHIC PATIENTS (하악골 전돌증 수술 후 하악골 이동량에 따른 발음 양상에 관한 비교 연구)

  • Shin, Ki-Young;Lee, Dong-Keun;Oh, Seung-Hwan;Sung, Hun-Mo;Lee, Suk-Hang
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.23 no.1
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    • pp.48-58
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    • 2001
  • After performing mandibular setback surgery, we found some changes in patterns and organs of speech. This investigation was undertaken to investigate the aspect and degree of speech patterns according to the amount of surgical setback in mandibular prognathic patients. Thirteen patients with skeletal Class III malocclusion were studied preoperative and postoperative over 6 months. They had undergone the mandible setback operation via bilateral sagittal split ramus osteotomy(BSSRO). We split the patients into two groups. Group 1 included patients whose degree of mandibular setback was 6mm or less, and Group 2 above 6mm. Control group was two adults wish normal speech patterns. A phonetician performed narrow phonetic transcriptions of tape-recorded words and sentences produced by each of the patients and the acoustic characteristics of the plosives, fricatives, and flaps were analyzed with a phonetic computer program (Computerized Speech Lab(CSL) Model 4300B(USA)). The results are as follows: 1. Generally, Patients showed longer closure duration of plosives, shorter VOT(voice onset time) and higher ratio of closure duration against VOT. 2. Patients showed more frequent diffuse distribution than the control group in frication noise energy of fricatives. 3. In fricatives, frequency of compact from were higher in group 1 than in group 2. 4. Generally, a short duration of closure for /ㄹ/ was not realized in the patient's flaps. Instead, it was realized as fricatives, sonorant with a vowel-like formant structure, or trill type consonant. 5. Abnormality of the patient's articulation was reduced, but adaptation of their articulation after surgery was not perfect and the degree of adaptation was different according to the degree of surgical setback.

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Design and Implementation of a Main Memory Index based on the R-tree for Moving Object Databases (이동체 데이터베이스를 위한 R-tree 기반 메인 메모리 색인의 설계 및 구현)

  • Ahn, Sung-Woo;An, Kyoung-Hwan;Lee, Chaug-Woo;Hong, Bong-Hee
    • Journal of Korea Spatial Information System Society
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    • v.8 no.2 s.17
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    • pp.53-73
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    • 2006
  • Recently, the need for Location-Based Services (LBS) has increased due to the development of mobile devices, such as PDAs, cellular phones and GPS. As a moving object database that stores and manages the positions of moving objects is the core technology of LBS, the scheme for maintaining the main memory DBMS to the server is necessary to store and process frequent reported positions of moving objects efficiently. However, previous works on a moving object database have studied mostly a disk based moving object index that is not guaranteed to work efficiently in the main memory DBMS because these indexes did not consider characteristics of the main memory. It is necessary to study the main memory index scheme for a moving object database. In this paper, we propose the main memory index scheme based on the R-tree for storing and processing positions of moving objects efficiently in the main memory DBMS. The proposed index scheme, which uses a growing node structure, prevents the splitting cost from increasing by delaying the node splitting when a node overflows. The proposed scheme also improves the search performance by using a MergeAndSplit policy for reducing overlaps between nodes and a LargeDomainNodeSplit policy for reducing a ratio of a domain size occupied by node's MBRs. Our experiments show that the proposed index scheme outperforms the existing index scheme on the maximum 30% for range queries.

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Nitrogen Application Method for High Quality and Labor Saving in Rice Production under Amended Standard N Application Level (표준 질소시비량이 감소된 조건에서 쌀 품질 향상과 노력절감을 위한 질소 시비방법)

  • Lee, Chung-Kuen;Kim, Jun-Hwan;Choi, Min-Kyu;Kwak, Kang-Su;Shin, Jin-Chul
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.55 no.1
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    • pp.70-75
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    • 2010
  • In Korea, standard N application level was amended from 110 to 90kg per ha for high quality rice production in 2005. So far, N application method, however, has not been considered for yield and quality based on changed standard N application level. Therefore, this experiment was conducted to find out more efficient N application method for improving rice quality or labor saving under the amended standard N application level with several varieties at three site (Suwon, Iksan, and Milyang) for two years from 2005 to 2006. Top dressing of N at 15 days before heading compared to the standard (25 days before heading) showed improved rice qualities such as 1000 grain weight and head rice ratio without changing rice yield and protein content of brown rice. In addition, there were no significant differences in yield and quality between different N split application of 70-0-30% and 50-30-20%, indicating that the former would be useful for labor saving without yield decrease and quality deterioration.

ANALYSIS OF FACIAL SOFT-TISSUE CHANGES AFTER MANDIBULAR SAGITTAL SPLIT RAMUS OSTEOTOMY (하악 전돌증 환자의 하악지 시상 골절단술후 경조직 변화에 따른 안모 연조직 변화 분석)

  • Park, Hee-Dae;Kwon, Tae-Geon;Lee, Sang-Han
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.18 no.1
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    • pp.87-108
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    • 1996
  • This study was intended to perform cephalometric analysis of the facial soft tissue profile after surgical correction of skeletal Class III malocclusion after SSRO in 29 patients (Males 12, females 17). Lateral cephalograms were taken in centric occlusion before and immediate, long term after surgeries. 1. Counter-clockwise rotation of mandible was observed after the surgery, average relapses of mandibular set back were 1.23-1.28mm. The net effects of the mandibular set-back after surgeries were 81.7-82.2%. Because these relapse tendencies may reduce the effects of the surgical outcomes, surgeon must consider these net before the surgical treatment planning. 2. The ratio of horizontal changes of hard tissue to soft tissue at lower lip, mentolabial sulcus, pogonion were 72.7-93.7%, 100.3%, 99.1-102.1% respectively. There were little changes at upper lip position anteroposteriorly. 3. The relationship of upper and lower lips were improved after surgery. Lower lip was posteriorly repostioned and upper lip was flattend and elongated in conjunction with deepening of inferior lobial sulcus. But profile of chin was still prominent after surgery. 4. Hard tissue horizontal changes and tissue vertical changes were significantly correlated with each other and there were reverse correlations with hard tissue vertical changes and soft tissue horizontal changes.

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Studies on the split application of potassium on paddy -The amount of potash to be applied for basal and top dressing in case of liming (수도(水稻)에 대(對)한 가리분시(加里分施)에 관(關)한 연구(硏究) -석회(石灰)의 시용(施用)과 가리(加里)의 기추비량(基追肥量)-)

  • Oh, Wang Keun;Kim, Sung Bae
    • Korean Journal of Soil Science and Fertilizer
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    • v.8 no.4
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    • pp.177-181
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    • 1975
  • The pot experiment was conducted primarily to clarify the relationship between lime application and they amount of potassium for the basal and top dressings on paddy rice. (Orizae sativa L. cultivar; variety Jinheung) The soils mixed with lime and without lime were separately filled in to 0.2827 a. open-bottom concretepots. The soil with lime was treated with slaked lime, at two weeks before transplanting to correct soil pH. around 7.0. The total amount of potassium 12 kilograms per 10a was applied by two or three split doses during transplanting, 19 days after transplanting and primodial stages. The results of experiment obtained are summarized as follows: 1. The application of potash in the rate of 4kg per 10a or less for basal dressing and the remaining amount of potash for top dressing at 19 days after transplanting and primodial stage or one top dressing, at primodial stage have increased the yield of paddy with increased number of panicles per hill, milliequivalent ratio of $K^-/Ca^{++}+Mg^{++}$ in leaves in the later stage of growth, number of ripened grains per panicle, and rate of grain maturity. 2. On the other hand, the greater the amount of potassium given for the basal dressing (over 4kilograms per 10a), the smaller number of tillers and panicles were resulted. And the tendency was considered chiefly due to high salt concentration at the early stage of rice growth.

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A Study on the Recreated Experiment and Casting Method of Ancient Iron Seated Buddha by Spilt Casting Method (분할주조법을 이용한 고대 철불의 재현실험 및 주조법 연구)

  • Park, June Yeong;Jung, Da Yeon;Han, Min Su;Lee, Joo Wan;Cho, Nam Chul
    • Journal of Conservation Science
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    • v.38 no.3
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    • pp.234-242
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    • 2022
  • The study aimed to investigate the split casting method based on the recreation of the iron-seated Buddha (ISB) statue (number 1971) in the Chuncheon Museum. The statue was designed using three-dimensional scan data and reduced to half-size. Using the existing research results, the ISB statue was created by mold production and split casting. The mold was prepared by mixing sand and clay at a ratio of 3:4 and 1:3 on the outside and inside, respectively, and then casting was done. Various casting defects were observed in the ISB casting and similar shapes were seen. The casting defects included veining or finning, misrun, open or external shrinkage, surface or subsurface blowholes, surface pinholes, and shift. The microstructures were identified as branch-shaped dendrite and pearlite organizations, and black graphite was observed between the cementite organizations. The study findings may be relevant in exploring traditional casting and manufacturing techniques of ISB and may aid in the production of the original form of ISB.

Prognostic Evaluation of Categorical Platelet-based Indices Using Clustering Methods Based on the Monte Carlo Comparison for Hepatocellular Carcinoma

  • Guo, Pi;Shen, Shun-Li;Zhang, Qin;Zeng, Fang-Fang;Zhang, Wang-Jian;Hu, Xiao-Min;Zhang, Ding-Mei;Peng, Bao-Gang;Hao, Yuan-Tao
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.14
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    • pp.5721-5727
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    • 2014
  • Objectives: To evaluate the performance of clustering methods used in the prognostic assessment of categorical clinical data for hepatocellular carcinoma (HCC) patients in China, and establish a predictable prognostic nomogram for clinical decisions. Materials and Methods: A total of 332 newly diagnosed HCC patients treated with hepatic resection during 2006-2009 were enrolled. Patients were regularly followed up at outpatient clinics. Clustering methods including the Average linkage, k-modes, fuzzy k-modes, PAM, CLARA, protocluster, and ROCK were compared by Monte Carlo simulation, and the optimal method was applied to investigate the clustering pattern of the indices including platelet count, platelet/lymphocyte ratio (PLR) and serum aspartate aminotransferase activity/platelet count ratio index (APRI). Then the clustering variable, age group, tumor size, number of tumor and vascular invasion were studied in a multivariable Cox regression model. A prognostic nomogram was constructed for clinical decisions. Results: The ROCK was best in both the overlapping and non-overlapping cases performed to assess the prognostic value of platelet-based indices. Patients with categorical platelet-based indices significantly split across two clusters, and those with high values, had a high risk of HCC recurrence (hazard ratio [HR] 1.42, 95% CI 1.09-1.86; p<0.01). Tumor size, number of tumor and blood vessel invasion were also associated with high risk of HCC recurrence (all p< 0.01). The nomogram well predicted HCC patient survival at 3 and 5 years. Conclusions: A cluster of platelet-based indices combined with other clinical covariates could be used for prognosis evaluation in HCC.

Soft tissue changes associated with advancement genioplasty in skeletal class III individuals receiving mandibular set-back surgery (골격성 III급 부정교합자에서 전진이부성헝술을 동반한 하악 후퇴술 후 연조직 외형의 변화)

  • Kim, Keun-Ryoung;Kim, Seong-Sik;Son, Woo-Sung;Park, Soo-Byung
    • The korean journal of orthodontics
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    • v.38 no.2
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    • pp.104-120
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    • 2008
  • Purpose: The purpose of this study was to assess the hard and soft tissue changes associated with mandibular bilateral sagittal split osteotomy and genioplasty. Methods: This is a retrospective study of 40 patients who underwent either bilateral sagittal split osteotomy for mandibular setback (BSSO group, n = 20) or in combination with advancement genioplasty (Genio group, n = 20). Lateral radiographs, were taken before and immediately after surgery, and at least 6 months after surgery. Results: Comparing hard and soft tissue changes between the BSSO group and Genio group, there were significant differences in the lower incisor, soft tissue B point (B'), and soft tissue Pogonion (Pg') (p < 0.5). The mean ratio of hard and soft tissue changes for B/B', Pg/Pg', and Menton/soft tissue Menton after surgery in the BSSO group was 0.997, 0.965, and 1.022 respectively, and 0.824, 0.602, and 0.887 respectively in the genio group. Significant differences were found between the two groups. There were significant differences in lip thickness (B-B', Pg-Pg') in the Genioplasty group between pre and postsurgery, but not in the BSSO group. Pogonion to Labrale inferior and B' had a correlation coefficient of 0.833, 0.922, respectively for the BSSO group, and 0.775, 0.799 for the Genio group. Conclusions: The results indicate that there is a significant difference between bilateral sagittal split osteotomy with or without genioplasty in the lower facial esthetics values. The combination of mandibular setback and genioplasty had a smaller change in soft tissue thickness of the symphysis area after surgery than that of mandibular setback only.