• 제목/요약/키워드: Spread volume

검색결과 173건 처리시간 0.024초

Asset Pricing and the Volume Effect

  • Park, Jin-Woo;Dukas, Stephen
    • 재무관리논총
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    • 제2권1호
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    • pp.127-144
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    • 1995
  • Previous literature in financial economics documents the existence of a liquidity premium in expected returns, measured by the bid-ask spread. This study provides a more comprehensive test of the egect of liquidity on common stock returns by including trading volume as an additional liquidity measure. we find that trading volume is a relevant measure of liquidity, and affects expected returns even aher controlling for the effects of systematic risk, firm size, and the relative bid-ask spread. We also find that trading volume complements the bid-ask spread as a liquidity measure, and provides additional information about the liquidity premium. The liquidity effect emerges in non-January months as a volume effect, in addition to the spread effect in January documented by Eleswarapu and Reinganum(1993).

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일차원 액적 배열의 화염 퍼짐에 있어서 연료의 혼합 효과에 관한 연구 (A Study on Blend Effect of Fuel in Flame Spread Along An One-Dimensional Droplet Array)

  • 박정;소림수소;신강숭
    • 한국연소학회지
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    • 제3권2호
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    • pp.1-11
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    • 1998
  • Experimental investigation on flame spread of blended fuel droplet arrays has been conducted for droplet diameters of 1.0mm and 0.75mm using high-speed chemiluminescence images of OH radical. The flame spread rate is measured with blended fuel composition, droplet diameter, and droplet spacing. Flame spread is categorized into two: a continuous mode and an intermittent one. There exist a limit droplet spacing, above which flame does not spread, and a droplet spacing of maximum flame spread, which is closely related to flame diameter. It is seen that flame spread rate is mainly dependent upon the relative position of flame zone within a droplet spacing. In case of large droplet, the increase of % volume of Heptane induces the shift of limit droplet spacing to a larger spacing since volatile Heptane plays a role of an enhancer of flame spread rate. In case of small droplet, the increase of % volume of Heptane leads to the shift of limit droplet spacing to a smaller droplet spacing. This is so because of the delayed chemical reaction time by the rapid increase of mass flux of fuel vapor for small droplet.

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Preliminary study on contrast flow analysis of thoracic transforaminal epidural block

  • Hong, Ji Hee;Noh, Kyoung Min;Park, Ki Bum
    • The Korean Journal of Pain
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    • 제31권2호
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    • pp.125-131
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    • 2018
  • Background: The thoracic transforaminal epidural block (TTFEB) is usually performed to treat herpes zoster or postherpetic neuralgia (PHN). Especially, multiple segmental involvements and approximate contrast medium spread range, according to volume, help to choose the proper drug volume in the transforaminal epidural block. This study investigated the contrast medium spread patterns of 1-ml to 3-ml TTFEBs. Methods: A total of 26 patients with herpes zoster or PHN were enrolled in this study. All participants received 1 ml, 2 ml, or 3 ml of contrast medium. Results were divided into Groups A, B and C based on the volume (1, 2, or 3 ml), with n = 26 for each group. After the injection of contrast medium, the spread levels were estimated in both the lateral and anteroposterior (AP) images using fluoroscopy. Results: The cephalad spread of contrast medium in the lateral image as expressed by the median (interquartile range) was 2.00 levels (1.00-2.00) for Group A, 2.50 (2.00-3.00) for Group B, and 3.00 (2.00-4.00) for Group C. The caudal spread level of contrast medium was 1.00 (1.00-2.00) for Group A, 2.00 (2.00-3.00) for Group B, and 2.00 (2.00-3.00) for Group C. There was ventral and dorsal spread of the 3-ml contrast medium injection in 88% (23/26) of cases in the lateral image. Conclusions: Injection of 3 ml of contrast medium through the foramina spread 6 levels in a cephalocaudal direction. Spread patterns revealed a cephalad preference. TTFEB resulted in dorsal and ventral spread in a high percentage of cases. This procedure may be useful for transferring drugs to the dorsal and ventral roots.

확산법에 의한 Bi-2223 초전도상의 제조 및 성장기구에 관한 연구 (Study on the fabrication and the growth mechanism of Bi-2223 superconducting phase by diffusion method)

  • 최성환;최효상;한태희;황종선;한병성
    • E2M - 전기 전자와 첨단 소재
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    • 제7권4호
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    • pp.281-288
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    • 1994
  • According to spread volume of B(BiPbCuO) layer, composition ratio and each stage of sintering process, we studied stability of high Tc superconductor phase and generation and growth movement of superconducting phase. The dual layer composed of SrCaCuO and BiPbCuO compound were prepared to develop the Bi-2223 superconductor[108K] through interaction and diffusion during sintering process. The dual layer samples were sintered at 830.deg. C for 0-210 hours. From the result, the optimum conditions were : spread volume(A:B=1:0.6), sintering time(210h) and composition ratio(A:S $r_{2}$C $a_{2}$C $u_{2}$- $O_{x}$, B:B $i_{1.9}$P $b_{0.5}$C $u_{3}$ $O_{y}$) at 830.deg. C.. C.C.C.

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경부 경막외 차단 시 약물의 용량에 따른 분포 양상 비교 (A Comparison of the Spread Level of the Cervical Epidural Block in Terms of Volume)

  • 조대현;김명희;안선연;박사현;이강창
    • The Korean Journal of Pain
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    • 제20권1호
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    • pp.46-49
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    • 2007
  • Background: Cervical epidural injection, performed via the interlaminar approach, represents a useful interventional pain management procedure indicated in patients with a cervical herniated disk. Due to thedecreased epidural space in the cervical region, cervical epidural injections may result in potentially serious complications, especially during a large volume injection. Methods: Thirty-four patients with neck pain due to a cervical herniated disk that were referred to the pain clinic for cervical epidural steroid injection were randomized into two groups. One group received a cervical epidural injection of 4 ml drug and the other group received 2 ml drug. The injected mixture included triamcinolon, ropivacaine and omnipaque. Spread levels of the drug after injection were estimated with the use of C-arm fluoroscopy. Results: Spread levels to the cephalad for patients in the two groups were $4.88{\pm}0.78segments$ and $4.53{\pm}0.49segments$, respectively. Spread levels to the caudad for patients in the two groups were $4.59{\pm}0.93segments$ and $4.47{\pm}0.51segments$, respectively. The results showed no significant difference in the spread level between the two groups. Conclusions: Use of a small volume of drug (2 ml) can provide a sufficient spread level of the injected drug that is desirable for patients with a cervical herniated disk.

토끼에서 경막외강으로 투여한 조영제의 분포양상 (Spreading Pattern of Epidurally-Administered Contrast Media in Rabbits)

  • 이상철
    • The Korean Journal of Pain
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    • 제10권2호
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    • pp.231-234
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    • 1997
  • Background: The aim of this study was to examine the precise spreading pattern of contrast media in small increments in rabbits. Following pentobarbital anesthesia, the epidural puncture was done surgically with a blunt hook. Methods: The tip of epidural catheter was located at the mid-portion of T7 and T12, in the T7 group (n=7) and T12 group (n=8), respectively. Injection of the contrast media was started at 0.1 mL/kg and increased by 0.1 mL/kg up to a maximum of 0.6, mL/kg, under fluoroscopy. Results: In both groups, the extent of spread increased continuously as a Starling resistor with increasing injected volume(T7 group: $y=4.0+41.8x-28.1x^2$, T12 group: $y=0.2+57.7x-43.5x^2$) the total spread of contrast media was similar. The contrast media spread equally, both rostral and caudal, from catheter tip in T7 group; media spread approximately twice as far rostral as compared to caudal in T12 group (P<0.05). Conclusions: In rabbits, the position of epidural catheter tip should be positioned 2~3 segments below the aimed segment in lower thoracic or lumbar region, whereas in mid-thoracic region it should be positioned close to the level of aimed segment. Rabbits have relatively small epidural space therefore, the volume of injectant should be carefully determined with the suggested equations of this study.

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과숙된 키위 파우더의 Bakery 제품에의 이용성 (Utility of Post-Mature Kiwi Fruit Powder in Bakery Products)

  • 김현석;김병용;김명환
    • 한국식품영양과학회지
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    • 제32권4호
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    • pp.581-585
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    • 2003
  • 과숙된 키위로 제조한 키위 파우더를 냉동생지나 쿠키와 같은 bakery 제품의 품질개량제로서 이용 가능한지에 대하여 조사하였다. 키위 파우더를 첨가한 냉동생지로 제조한 빵은 빵 속과 거죽의 색이 전체적으로 진해졌고, crumb firmness, 비용적과 관능적인 특성이 좋지 않아서 키위 파우더의 빵 제품에 대한 적용은 어려움이 있었다. 그러나 쿠키의 경우 쿠키의 비용적은 첨가량에 따라 유의적인 차이를 나타내지 않았고 쿠키의 spread ratio는 유의적으로 감소하였으나 퍼짐성은 첨가량에 따라 조절할 수 있었다. 또한 키위 파우더는 오븐 내에서 쿠키의 수분증발을 지연시켜 쿠키를 촉촉하게 할 수 있었고, 유기산에 의해 신맛을 제거 하거나 masking할 수 있다면, 쿠키의 품질(조직감)개량제로서 가능성이 있음을 알 수 있었다.

The Effects of Restrictions in Economic Activity on the Spread of COVID-19 in the Philippines: Insights from Apple and Google Mobility Indicators

  • CAMBA, Abraham C. Jr.;CAMBA, Aileen L.
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.115-121
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    • 2020
  • This study aims to investigate the effects of restrictions in economic activity on the spread of COVID-19 in the Philippines. This research employs daily time-series data of confirmed new COVID-19 cases, Apple mobility trends (i.e., use of public transport to destinations, volume of people driving, and amount of walking to destinations) and Google community mobility (i.e., visits to transit stations, visits to workplaces, and staying-at-home) indicators covering the period February 17 to September 11, 2020. The analysis starts by establishing the correlation pattern of new confirmed COVID-19 daily infections to each independent variable. The results show negative linear correlation of the number of new COVID-19 daily infections with less visit to transit station, increase stay-at-home, less use of public transport, and less amount of walking to destinations. Interestingly, the number of new COVID-19 daily infections indicates some form of positive linear correlation with visits to workplaces and volume of people driving. Moreover, employing robust least square regression via the method of MM-estimation, major findings reveal that across mobility measures, staying-at-home has the highest impact on reducing the spread of COVID-19, followed by visiting transit stations less, less use of public transport, less amount of walking, and less workplace visits.

이중층 시료에서 확산에 의한 BiPbSrCaCuO 초전도체 개발 (Development of BiPbSrCaCuO Superconductor by Diffusion of Dual-Layer Sample)

  • 최성환;박성진;유현수;강형곤;한병성
    • 대한전기학회논문지
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    • 제43권5호
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    • pp.795-801
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    • 1994
  • The BiPbSrCaCuO superconductor was fabricated by diffusion of The dual layer composed of SrS12TCaS11TCuS12TOS1xT in upper layer and BiS12TPbSI0.3TCuS12TOS1yT in lower layer, and varified growh-mechanism of BiPbSrCaCuO superconducting phase. And, we produced optimum conditions of spread volume and each stage of sintering time were upper layer:Lower layer=1:0.2, 1:0.4, 1:0.6 and 24hr., 120hr., 210hr. From the result, the optimum conditions are spread volume(Upper layer:Lower layer=1:0.6), sintering time(210hrs.) at 820$^{\circ}C$.The BiPbSrCaCuO superconductor, fabricated optimum condition, showed zero resistance at critical temperature of 70k.

공기 중 축산질병 확산예측을 위한 오픈폼 도입 및 검증 (Validation and Application of OpenFOAM for Prediction of Livestock Airborne Virus Spread)

  • 노현석;서일환;이인복
    • 한국농공학회논문집
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    • 제56권1호
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    • pp.81-88
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    • 2014
  • Accurate wind data is essential for predicting airborne spread of virus. OpenFOAM was used for computational fluid dynamics (CFD) simulation procedure which is under GNU GPL (General Public License). Using complex terrain, DEM (Digital Elevation Map) that was prepared from GIS information covering a research site is converted to a three dimensional surface mesh that is composed by quad and full hexahedral space meshes. Around this surface mesh, an extended computational domain volume was designed. Atmospheric flow boundary conditions were used at inlet and roughness height and was considered at terrain by using rough wall function. Two different wind conditions that was relatively stable during certain periods were compared in 3 different locations for validating the accuracy of the CFD computed solution. The result shows about 10 % of difference between the calculated result and measured data. This procedure can simulate a prediction of time-series data for airborne virus spread that can be used to make a web-based forecasting system of airborne virus spread.