• Title/Summary/Keyword: Stock identification method

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Stock Identification of Todarodes pacificus in Northwest Pacific (북서태평양에 서식하는 살오징어(Todarodes pacificus) 계군 분석에 대한 고찰)

  • Kim, Jeong-Yun;Moon, Chang-Ho;Yoon, Moon-Geun;Kang, Chang-Keun;Kim, Kyung-Ryul;Na, Taehee;Choy, Eun Jung;Lee, Chung Il
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.17 no.4
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    • pp.292-302
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    • 2012
  • This paper reviews comparison analysis of current and latest application for stock identification methods of Todarodes pacificus, and the pros and cons of each method and consideration of how to compensate for each other. Todarodes pacificus which migrates wide areas in western North Pacific is important fishery resource ecologically and commercially. Todarodes pacificus is also considered as 'biological indicator' of ocean environmental changes. And changes in its short and long term catch and distribution area occur along with environmental changes. For example, while the catch of pollack, a cold water fish, has dramatically decreased until today after the climate regime shift in 1987/1988, the catch of Todarodes pacificus has been dramatically increased. Regarding the decrease in pollack catch, overfishing and climate changes were considered as the main causes, but there has been no definite reason until today. One of the reasons why there is no definite answer is related with no proper analysis about ecological and environmental aspects based on stock identification. Subpopulation is a group sharing the same gene pool through sexual reproduction process within limited boundaries having similar ecological characteristics. Each individual with same stock might be affected by different environment in temporal and spatial during the process of spawning, recruitment and then reproduction. Thereby, accurate stock analysis about the species can play an efficient alternative to comply with effective resource management and rapid changes. Four main stock analysis were applied to Todarodes pacificus: Morphologic Method, Ecological Method, Tagging Method, Genetic Method. Ecological method is studies for analysis of differences in spawning grounds by analysing the individual ecological change, distribution, migration status, parasitic state of parasite, kinds of parasite and parasite infection rate etc. Currently the method has been studying lively can identify the group in the similar environment. However It is difficult to know to identify the same genetic group in each other. Tagging Method is direct method. It can analyse cohort's migration, distribution and location of spawning, but it is very difficult to recapture tagged squids and hard to tag juveniles. Genetic method, which is for useful fishery resource stock analysis has provided the basic information regarding resource management study. Genetic method for stock analysis is determined according to markers' sensitivity and need to select high multiform of genetic markers. For stock identification, isozyme multiform has been used for genetic markers. Recently there is increase in use of makers with high range variability among DNA sequencing like mitochondria, microsatellite. Even the current morphologic method, tagging method and ecological method played important rolls through finding Todarodes pacificus' life cycle, migration route and changes in spawning grounds, it is still difficult to analyze the stock of Todarodes pacificus as those are distributed in difference seas. Lately, by taking advantages of each stock analysis method, more complicated method is being applied. If based on such analysis and genetic method for improvement are played, there will be much advance in management system for the resource fluctuation of Todarodes pacificus.

Morphological and Genetic Stock Identification of Todarodes pacificus in Korean Waters (한국 주변해역에 서식하는 살오징어(Todarodes pacificus)의 형태 및 유전학적 계군분석)

  • Kim, Jeong-Yun;Yoon, Moon-Geun;Moon, Chang-Ho;Kang, Chang-Keun;Choi, Kwang Ho;Lee, Chung Il
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.18 no.3
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    • pp.131-141
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    • 2013
  • Stock identification of Todarodes pacificus collected in the East Sea, Yellow Sea and East China Sea during the period from September to December in 2011 was analyzed by morphometric characters and mitochondrial DNA (mtDNA) cytochrome oxidase subunit I (COI) gene nucleotide variations. Frequency distributions of mantle length was analyzed by morphological method with measuring size of T. pacificus. Then each stock was estimated to confirm their maturation for mean mantle length comparing with mean mature mantle length 20-22 cm. According to morphologic stock identification, it is estimated that the northern part of East Sea is categorized as summer stock and the rest parts, including mid /southern part of the East Sea, northern part of the East China Sea and northern part of the West Sea were autumn stock. For genetic analysis, a total 49 haplotypes were defined by 33 variable nucleotide sites. From the extensive haplotype diversity, limited nucleotide diversity and star-like shape of haplotype network, T. pacificus appears to have undergone rapid population expansion from an ancestral population with a small effective population size. Although pair-wise Fst estimates which represent genetic difference among groups were low, there are relatively remarkable difference of Fst between middle and southern part of the East Sea. Although middle part of the East Sea and southern part of the East Sea were situated at the East Sea, genetically separated groups were appeared.

U.S. Monetary Policy and Investor Reactions: Korean Evidence (미국의 통화정책과 국내 주식 투자자의 반응)

  • Jongho Park
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.135-149
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    • 2022
  • Purpose - The primary objective of this article is to investigate the impact of U.S. monetary policy on institutional / individual / foreign investor reactions in the Korean stock market. Design/methodology/approach - This study employs a high frequency event study methodology to identify U.S. monetary policy shocks and quantify the impact of identified shocks on investor reactions. The dependent variable in the regression model is net stock purchase, while the explanatory variables are U.S. monetary policy shocks. The model is estimated for the period 2000-2019, including 156 FOMC meetings. Findings - Foreign investors immediately sell stocks in response to contractionary U.S. monetary shocks. They do not, however, react to anticipated changes in monetary policy rates, confirming the rationality of foreign investors. Individual investors demonstrate the opposite response, indicating that a non-trivial proportion of individual investors are irrational. Research implications or Originality - This study adds to the current literature on the effect of U.S. monetary policy on the Korean stock market. This study demonstrates a heterogeneous response to U.S. monetary policy shocks, validating the rational investment behavior of foreign investors, while individual investors exhibit a certain degree of irrationality. Methodologically, this study adds to the literature by quantifying the impact of U.S. monetary policy employing a sharper identification method allowing a simple and consistent estimation.

Outlier Detection Based on Discrete Wavelet Transform with Application to Saudi Stock Market Closed Price Series

  • RASHEDI, Khudhayr A.;ISMAIL, Mohd T.;WADI, S. Al;SERROUKH, Abdeslam
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.1-10
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    • 2020
  • This study investigates the problem of outlier detection based on discrete wavelet transform in the context of time series data where the identification and treatment of outliers constitute an important component. An outlier is defined as a data point that deviates so much from the rest of observations within a data sample. In this work we focus on the application of the traditional method suggested by Tukey (1977) for detecting outliers in the closed price series of the Saudi Arabia stock market (Tadawul) between Oct. 2011 and Dec. 2019. The method is applied to the details obtained from the MODWT (Maximal-Overlap Discrete Wavelet Transform) of the original series. The result show that the suggested methodology was successful in detecting all of the outliers in the series. The findings of this study suggest that we can model and forecast the volatility of returns from the reconstructed series without outliers using GARCH models. The estimated GARCH volatility model was compared to other asymmetric GARCH models using standard forecast error metrics. It is found that the performance of the standard GARCH model were as good as that of the gjrGARCH model over the out-of-sample forecasts for returns among other GARCH specifications.

Analyzing Effects on Firms' Market Value of Personal Information Security Breaches (개인정보 유출이 기업의 주가에 미치는 영향)

  • Kim, JeongYeon
    • The Journal of Society for e-Business Studies
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    • v.18 no.1
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    • pp.1-12
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    • 2013
  • With the increases of requirement for user identification in Internet services, we should let the service companies know my personal information. If the shared personal information with them are used in not-allowed area or delivered to un-authorized persons, we may have practical harms in several fields such as financial related operations. Korean Government has introduced new management method for personal information, but it is not hard to find the personal information management issues from Korean news papers. The proper measurement should be delivered to related companies to help them to decide investment for security. This paper review the indirect measurement method of demages by check the stock prices of related company for personal information management issue. We check the relationship between change of stock price and the information management issue. The result shows there are no changes in stock market. Korean government added strong regulations for personal information management though. To prevent further personal information issues, we should recognize the indirect damages properly and let the company pay higher reparations for any personal information abuse.

Development Portable Pipe Spool Location-Confirm System Based UHF RFID (UHF RFID기반 이동형 파이프 스풀 위치 인식 시스템 개발)

  • Kim, Jinsuk;Shin, Yongtae
    • KIPS Transactions on Computer and Communication Systems
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    • v.3 no.10
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    • pp.329-336
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    • 2014
  • Pipe spool is the most important element of plant equipment in plant construction site. Currently, the plant construction site manage the pipe spool location and usage history by handwriting. Frequently, the pipe spool is moved to unpredictable places by field workers in many construction sites and in cases like this, the pipe stool is replaced with another similar pipe spool. Since it's hard to determine the exact location of some of the pipe spools, it takes unnecessary time and labour to find the missing pipe spools, which proves that stock management is not under control. The purpose of our system is to make the identification of real-time location of the field pipes possible by attaching UHF RFID tags to the pipe spool, which will be used to connect with UHF RFID reader and antenna on vehicles. A field test conducted by the proposed system resulted in the success rate of 98% and the missing 2% was recuperated by hands-on correction, which proved that stock management through the proposed method can be 100% effective. The proposed system is expected to reduce labour costs and make stock control of assets possible, as well as applicable to similar stock management environments.

A Study on the Improvement of the Aquaculture Evaluation Method by using AHP (AHP기법 적용을 통한 수산양식장 평가방식 개선에 관한 연구)

  • Seo, Jong-Seok;Seo, Wonchul;Ock, Young-Seok
    • Journal of Fisheries and Marine Sciences Education
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    • v.26 no.4
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    • pp.846-858
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    • 2014
  • The purpose of this study is to help domestic aquaculture farm by improved evaluation method. First, We analyzed evaluation method of domestic aquaculture certification, the greater retailer's supplier and global standard. Next, By using Analytic Hierarchy Process (AHP), We found priority and importance between criteria of SQF(Safety Quality Food) standard which is appled to alternative model for aquaculture evaluation. As a result is presented as follows: regarding pairwise comparison between System Element module and Good Aquaculture Practice(GAP) module, GAP is recognized to be more important than System Element. The highest priority criteria is presented 'Purchase and Use of Medications, Aquaculture Feeds and Aquaculture Chemicals.' Next, 'Management commitment', 'Attaining Food Safety', 'Location and Layout of Structures and Vessels', 'Stock Identification and Traceability are recognized high position. This study has major implications for research into development of evaluation method.

Control of Grade Change Operations in Paper Plants Using Model Predictive Control Method (모델예측제어 기법을 이용한 제지공정에서의 지종교체 제어)

  • Kim, Do-Hoon;Yeo, Young-Gu;Park, Si-Han;Kang, Hong
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.35 no.4
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    • pp.48-56
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    • 2003
  • In this work an integrated model for paper plants combining wet-end and dry section is developed and a model predictive control scheme based on the plant model is proposed. Closed-loop process identification method is employed to produce a state-space model. Thick stock, filler flow, machine speed and steam pressure are selected as input variables and basis weight, ash content and moisture content are considered as output variables. The desired output trajectory is constructed in the form of 1st-order dynamics. Results of simulations for control of grade change operations are compared with plant operation data collected during the grade change operations under the same conditions as in simulations. From the comparison, we can see that the proposed model predictive control scheme reduces the grade change time and achieves stable steady-state.

Prevalence of parasite infection of chickens in Jeonbuk province (전북지방 닭의 내부기생충 감염상황)

  • Choi Eun-Young;Jang Sae-Gun;Jo Young-Suk;Kim Ji-Young;Im Jeong-Cheol;Chon Hee-Woong;Yang Hong-Ji
    • Korean Journal of Veterinary Service
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    • v.29 no.1
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    • pp.65-70
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    • 2006
  • In order to detection of the intestinal parasites, fecal samples were taken from broiler (n=290), parent stock (n=168) and laying hen (n=114) in Jeonbuk province. The prevalence and identification of intestinal parasites were determined by the fecal examination using the floatation method and microscopical examination, respectively. The detection rate of parasite-eggs from 3 flocks (total=572) was 44.9%. In the breed and type of breeding, infection rate of parasite-eggs was detected 65.5% as broiler (floor breeding, 290 chickens), 20.2% as parent stock (floor breeding, 168 chickens) and 28.9% as laying hen (cage breeding, 114 chickens), in order. In the concern of mixed infection such as single and double, the rate were 40.7% and 4.2%, respectively. Six kinds of infective eggs were isolated 257 fecal sample from 3 flock. They were classified 74.7% as Eimeria spp, 18.1% as Ascaridia galli and 6.0% as Capillaria spp and 0.4% as Heteratkis gallinarum, Railleina spp or Trichostrongylus spp, single or in combination.

Robust Hierarchical GLOCAL Hash Generation based on Image Histogram (히스토그램 기반의 강인한 계층적 GLOCAL 해쉬 생성 방법)

  • Choi, Yong-Soo;Kim, Hyoung-Joong;Lee, Dal-Ho
    • Journal of the Institute of Electronics Engineers of Korea CI
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    • v.48 no.1
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    • pp.133-140
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    • 2011
  • Recently, Web applications, such as Stock Image and Image Library, are developed to provide the integrated management for user's images. Image hash techniques are used for the image registration, management and retrieval as the identifier and many researches have been performed to raise the hash performance. This paper proposes GLOCAL image hashing method utilizing the hierarchical histogram which based on histogram bin population method. So far, many researches have proven that image hashing techniques based on histogram are robust image processing and geometrical attack. We modified existing image hashing method developed by our research team. The main idea is that it makes more fluent hash string if we have histogram bin of specific length as shown in the body of paper. Finally, we can raise the magnitude of hash string within same context or feature and strengthen the robustness of hash.