• Title/Summary/Keyword: additional information

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Effects of Additional Constraints on Performance of Portfolio Selection Models with Incomplete Information : Case Study of Group Stocks in the Korean Stock Market (불완전 정보 하에서 추가적인 제약조건들이 포트폴리오 선정 모형의 성과에 미치는 영향 : 한국 주식시장의 그룹주 사례들을 중심으로)

  • Park, Kyungchan;Jung, Jongbin;Kim, Seongmoon
    • Korean Management Science Review
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    • v.32 no.1
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    • pp.15-33
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    • 2015
  • Under complete information, introducing additional constraints to a portfolio will have a negative impact on performance. However, real-life investments inevitably involve use of error-prone estimations, such as expected stock returns. In addition to the reality of incomplete data, investments of most Korean domestic equity funds are regulated externally by the government, as well as internally, resulting in limited maximum investment allocation to single stocks and risk free assets. This paper presents an investment framework, which takes such real-life situations into account, based on a newly developed portfolio selection model considering realistic constraints under incomplete information. Additionally, we examined the effects of additional constraints on portfolio's performance under incomplete information, taking the well-known Samsung and SK group stocks as performance benchmarks during the period beginning from the launch of each commercial fund, 2005 and 2007 respectively, up to 2013. The empirical study shows that an investment model, built under incomplete information with additional constraints, outperformed a model built without any constraints, and benchmarks, in terms of rate of return, standard deviation of returns, and Sharpe ratio.

A Study on Extraction of Additional Information Methodology for Defect Management in the Design Stage (설계단계의 결함관리를 위한 추가정보 추출에 관한 연구)

  • Lee, Eun-Ser
    • KIPS Transactions on Software and Data Engineering
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    • v.9 no.10
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    • pp.297-302
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    • 2020
  • Software design are an important phase in the software developments. In order to manage software design, we propose additional information. Additional information suggests a standard and quantitative methods. In this study, we propose additional information at the design stage for defect management.

The Bibliographical Study on Additional Starter of Traditional Alcoholic Beverages (전통가양주에 이용된 기주에 관한 문헌적 고찰)

    • Journal of the East Asian Society of Dietary Life
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    • v.10 no.3
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    • pp.190-199
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    • 2000
  • Information about the processing method of additional starter can be found in the 39 traditional kinds of classical literature. The traditional of Yakju, was analyzed and classified according to classical literature consist of 105 items relating to starters on those compounded alcoholics. 105 selected items were distributed among 5 groups of alcoholic beverages: processing methods of starter, additional starters for sweet and alcoholics, additional starters for Kwahaju, and those additional function for quality and quantity to the periodical conversion of the processing method through four centuries.

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A study on DVB-SI based additional information transmission method of data service linked with movie information TV program (영화정보 프로그램 연동형 데이터서비스의 DVB-SI 기반 부가정보 전송 방법에 관한 연구)

  • Kwangilm KO
    • Convergence Security Journal
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    • v.22 no.2
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    • pp.91-98
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    • 2022
  • Because the movie has the characteristics of a cultural product where experience is important, a promotional strategy is used to convert viewers into movie audiences by providing indirect experiences of movies through professional movie information programs. Considering that the movie information program is a strategic publicity medium that raises the audience's intention to watch a movie, a study on the data service that provides useful additional information to the viewer in conjunction with the movie information program is meaningful. Against this background, this study contains the core research contents in the development of data service linked with movie information program. Specifically, additional information of the movie information program was defined. And to provide the additional information to the data service, the digital broadcasting international standard DVB-SI-based additional information transmission method was devised.

Additional Disclosure of Consolidated Audit Details and Auditor Response (연결재무제표 외부감사실시내용 추가공시정보와 감사인 대응)

  • Yun, Yongsuk
    • The Journal of the Korea Contents Association
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    • v.20 no.10
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    • pp.750-759
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    • 2020
  • This study examine the relation between additional disclosure information of external audits details on consolidated financial statements, audit hours, and audit fees. The results of the analysis of listed companies that disclosed consolidated financial statements from 2014 to 2016 are as follows. First, the additional disclosures of the consolidated financial statements external audit is positively associated with the audit hours of the auditor. This result can be interpreted that the additional disclosure of the consolidated audit information is based on the incentive to provide useful information of auditor. Second, the audit fees of the auditors for additional disclosures in the consolidated financial statements were not significantly related. This suggests that, the additional disclosure of the consolidated audit practice is not based on the auditor's perception of the audit risk. This study provides that information on the external audit details of audit reports and consolidated audit reports is distinguished and disclosed, providing useful information to researchers. In addition, this study suggests policy implications by demonstrating that disclosure of the details of the external audit of the consolidated financial statements is based on the auditors' incentive to provide useful information.

A Study on a DVB-SI based Data Service providing Additional Information of PPL Advertising (PPL광고의 부가정보를 제공하는 DVB-SI 기반 데이터서비스 연구)

  • KO, Kwangil
    • Convergence Security Journal
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    • v.19 no.4
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    • pp.189-195
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    • 2019
  • PPL advertising is growing due to the cheaper cost than other TV commercials, the familiar image construction from natural exposure in video, and the overseas marketing effects from programs export. However, it is difficult to provide additional information on PPL advertising targets in addition to short video exposure due to the restriction that they should be exposed without antagonizing viewers. This study designed a data service that supports PPL advertising, which provides additional information for PPL advertising targets. Specifically, the user scenario and user interface of the data service were designed considering the characteristics of the TV platform, the key additional information was defined by distinguishing the typical types of PPL advertisement, and the information on when PPL advertising targets should be exposed in the program was devised. We also developed a DVB-SI based method to provide the supplementary information to the data service.

Study of Information Hiding Methods for SONAR Images in the Naval Combat System (정보은닉기법을 적용한 함정 전투체계 소나 영상의 정보관리 방안 연구)

  • Lee, Joon-Ho;Shin, Sang-Ho;Jung, Ki-Hyun;Yoo, Kee-Young
    • Journal of the Korea Institute of Military Science and Technology
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    • v.18 no.6
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    • pp.779-788
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    • 2015
  • The SONAR waterfall image(SWI) is used typically to target detection in SONAR operation and is managed with additional data linked in the naval combat system. The SWI and additional data are very important to classify a kind of target. Although additional data of the SWI is essential and must be kept together with the SWI, it was stored separately in the current system. In this paper, we propose an improved information management method in the naval combat system, where additional data can be contained in the SWI together by using information hiding techniques. The experimental results show that the effectiveness of information hiding techniques in the naval combat system. It is demonstrated that the information hiding techniques can be applied to the SWI that can make the naval combat system to be robust and secure.

The Relationship between Retention of the Maternal Child Health Handbook, Awareness of DPT Additional Immunization and DPT Additional Immunization (모자보건수첩보유, 디피티 추가 예방접종에 대한 인지와 디피티 추가 예방접종 실천간의 관계연구)

  • Jeong, Ihn-Soak
    • Research in Community and Public Health Nursing
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    • v.15 no.1
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    • pp.76-83
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    • 2004
  • Purpose: This study was aimed at investigating the relationship between retention of the maternal child health handbook, awareness of DPT additional immunization and DPT additional immunization, and to provide basic information to enhance the DPT additional immunization rate. Method: The study subjects were 312 women whose children were between four and six years old, and residing in six provinces of Gyungsangnam do. Data was collected with a 10 item questionnaire by interviews from July 1st to 30th, 2003, and analyzed with descriptive statistics and X2 test at a significance level of 0.05, by two tailed test. Results: The awareness of DPT additional immunization was significantly higher in the women who retained the maternal child health handbook, than their counterparts. The rate of DPT additional immunization was significantly higher in the women who were aware of the DPT additional immunization or who retained the maternal child health handbook, than their counterpart. Conclusion: The DPT additional immunization rate was related to retention of the maternal child health handbook and awareness of DPT additional immunization. Therefore it is recommended that measures be developed and taken to increase the retention rate of the maternal child health handbook and awareness of DPT additional immunization, to enhance the rate of DPT additional immunization.

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Additional Traffic Descriptors for Associatiove QoS Parameters in a Multimedia Service (멀티미디어 서비스에서 연관 QoS 지원을 위한 트래픽 기술자)

  • 김지영;이상목최봉근이상홍
    • Proceedings of the IEEK Conference
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    • 1998.06a
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    • pp.86-89
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    • 1998
  • Multiple types of information in a multimedia service are delivered though multiple virtual connections on ATM network, while each virtual connection may be controlled independently. A multimedia service requires an associative relationship among multiple information streams to provide required harmonization. There may be required additional traffic descriptors to guarantee the required harmonization among multiple information streams in a multimedia service. For buffering of large bandwidth information stream(e.g., video), extremely large buffer size is necessary, but this approach should not be efficient way to compensate a severely delayed cells/blocks experienced at network. The best way to solve this problem will be minimization of relative-delayed-transfer of cells/blocks to application processes through ATM network control. To minimize a delayed transfer the mapping between relative delay parameter(i.e., associative Group QoS parameters) and per-VC traffic descriptor will be necessary. This paper is present additional functions and parameters to interpret the mapping between relative delay parameters(i.e., associative Group QoS parameters) and per-VC traffic descriptors in ATM API for multimedia application services.

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