• Title/Summary/Keyword: fundamental variables

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The Effects of Fundamental Variables on Stock Returns - Evidence from Panel Data (기본적 변수가 주식수익률에 미치는 영향 - 패널자료로부터의 근거)

  • Lee, Hae-Young;Kam, Hyung-Kyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.3
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    • pp.1035-1041
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    • 2012
  • This paper examines the effects of fundamental variables on stock returns. Therefore, the major purpose of this study is to identify fundamental variables having a systematical effect on the stock return. The paper uses panel data analysis. We find that the results of regressions say that firm size, book-to-market ratio(B/M), earning-to-price ratio(E/P), cash flow-to-price ratio(C/P) can explain the differences in average returns across stocks.

A Fundamental Study on Very High Strength and High Flowable Concrete using Industrial By-products (산업부산물을 활용한 고유동화 초고강도 콘크리트의 기초물성 및 동결융해특성)

  • 김병권;이석홍;정하선;이영남;문한영
    • Proceedings of the Korea Concrete Institute Conference
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    • 2001.05a
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    • pp.707-714
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    • 2001
  • This paper presents the fundamental study on rational manu(acture of Very High Strength(VHS) concrete using industrial by-products as like silica fume, slag and fly ash. In this study, we had tested various mixing cases to manufacture the VHS concrete(target compressive strength : over 1,000 kgf/$cm^{2}$) which is easily workable (target slump flow : 60$\pm$l0cm), The main variables studied are; 1) test variables to find the optimum replacement ratio of mineral admixture, 2) test variables to find a rational water-binder ratio, a proper binder content, 3) test variables to find the method for reduction of slump loss, 4) test variables to know the influence of air entrainment on frost resistance. From the test results, it is concluded that the rational mix design can be made by using 40% slag, 10% silica fume, and water reducing agent(slump loss reduction type). We found that it is unnecessary to entrain air for freeze-thawing resistance.

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The Effects of Customers' Preference Variables on the Level of Satisfaction with the Menu at Rice Cake Cafe (떡 카페 메뉴에 대한 고객선호도 요인이 메뉴 만족에 미치는 영향에 관한 연구)

  • Jeon, Hyu-Jin;Han, Myung-Jin;Park, Gye-Young
    • Culinary science and hospitality research
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    • v.12 no.3 s.30
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    • pp.1-16
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    • 2006
  • This study investigates the level of customers' preferences for the menu at rice cake cafes. The study aims at examining the potential of restaurants with rice cake dishes and suggesting the ways to contribute to the potential. For this study, various rice cake cafes in Seoul which were often mentioned in the Internet portal sites and mass media are selected such as Jilsilu, Midan, Yaemunbyeonggwa, and Howeondang. Some of the customers in these rice cake cafes from August 16th to 26th in 2005 are the participants in this study. Using Windows SPSS 11.0 for statistical analysis, the validity of the items in the questionnaire is tested through Cronbach's Alpha which also reveals the internal reliability. Variables are analysed to eliminate less important variables. In order to examine the differences between groups by norm population profiles, t-test and ANOVA are conducted. For obtaining the degree of impact of rice cake cafe preference variables on the satisfaction in the rice cake cafe, regression analysis is carried out. As a result, for preferences for dishes, 19 variables among 22 are identified and divided into four factors which are named as 1) fundamental factor, 2) external factor, 3) appearance factor, and 4) structural factor. The fundamental factor, external factor, appearance factor, and structural factor are all significantly influential to the level of satisfaction with the menu, yet the fundamental factor is the most powerful factor among them.

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Quality of Life and Radiotherapy Complications of Chinese Nasopharyngeal Carcinoma Patients at Different 3DCRT Stages

  • Gu, Mo-Fa;Su, Yong;Chen, Xin-Lin;He, Wei-Ling;He, Zhen-Yu;Li, Jian-Jun;Chen, Miao-Qiu;Mo, Chuan-Wei;Xu, Qian;Diao, Yuan-Ming
    • Asian Pacific Journal of Cancer Prevention
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    • v.13 no.1
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    • pp.75-79
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    • 2012
  • Purpose: the study aimed to compare the quality of life (QOL) and radiotherapy complications among Chinese nasopharyngeal carcinoma (NPC) patients at different 3-dimensional conformal radiotherapy (3DCRT) stages adjusting for other variables. Methods: 511 NPC patients at different 3DCRT stages were enrolled. They were interviewed regarding SF-36, complications and socio-demographic variables and cancer- or treatment-related variables. Analysis of covariance (ANCOVA) based on SF-36, complications scores as dependent variables, 3DCRT stages as independent variables, and other variables as covariate were established. Results: The influencing factors of PCS included 3DCRT stages and age group. The influencing factors of MCS included 3DCRT stages and income. Most QOL scores of NPC patients were significantly associated with 3DCRT stage, after accounting for other variables. QOL scores of the patients receiving 3DCRT were the lowest, QOL scores of people after 3DCRT gradually increased. PCS scores of people greater than 5 years after 3DCRT was improved to or even better than the level before 3DCRT. The complications with significantly different scores of patients at different 3DCRT status included xerostomia, throat ache, hypogeusia, caries, hearing loss, snuffles. Conclusions: Clinicians should pay more attention to older NPC patients and patients with lower income. When patients receive 3DCRT, measures should be taken to reduce radiation injury to improve the patients' QOL.

A Prediction of Stock Price Movements Using Support Vector Machines in Indonesia

  • ARDYANTA, Ervandio Irzky;SARI, Hasrini
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.399-407
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    • 2021
  • Stock movement is difficult to predict because it has dynamic characteristics and is influenced by many factors. Even so, there are some approaches to predict stock price movements, namely technical analysis, fundamental analysis, and sentiment analysis. Many researches have tried to predict stock price movement by utilizing these analysis techniques. However, the results obtained are varied and inconsistent depending on the variables and object used. This is because stock price movement is influenced by a variety of factors, and it is likely that those studies did not cover all of them. One of which is that no research considers the use of fundamental analysis in terms of currency exchange rates and the use of foreign stock price index movement related to the technical analysis. This research aims to predict stock price movements in Indonesia based on sentiment analysis, technical analysis, and fundamental analysis using Support Vector Machine. The result obtained has a prediction accuracy rate of 65,33% on an average. The inclusion of currency exchange rate and foreign stock price index movement as a predictor in this research which can increase average prediction accuracy rate by 11.78% compared to the prediction without using these two variables which only results in average prediction accuracy rate of 53.55%.

The Effects of Children's Metastrategic Activities on Strategies to Control Variables at a Scientific Reasoning Task

  • Jang, Myoung-Duk;Yang, Il-Ho;Jeong, Jin-Woo
    • Journal of the Korean earth science society
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    • v.23 no.2
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    • pp.154-165
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    • 2002
  • The purpose of this study was to examine the effects of metastrategic exercise on a scientific reasoning strategy to control variables, and investigate the developmental patterns in the strategy usage within a given period. Two groups composed of 90 fifth grade students engaged in a scientific reasoning task over six daily sessions. Additionally, one group engaged in metastrategic exercise on fictional students' strategies of controlling variables on the task, while the other spent equivalent time on an unrelated task. Based upon results of the study, the following conclusions can be drawn. First, the metacognitive exercise on the strategy to control variables has positive and long-standing effects on the strategy performance at the reasoning task. The exercise also takes effect of near-transfer. Taking into consideration only about sixty minutes of metastrategic practice, the results provide the validity of the activity in order to develop children's reasoning strategies. Second, in a scientific reasoning task, each child seems to go through one out of two developmental patterns in their usage of reasoning strategies: gradual change or fundamental change. Considering the ratio of pattern of fundamental change between the two groups, it is clear that the metacognitive exercise influences the developmental pattern of strategy usage.

Subspace search mechanism and cuckoo search algorithm for size optimization of space trusses

  • Kaveh, A.;Bakhshpoori, T.
    • Steel and Composite Structures
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    • v.18 no.2
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    • pp.289-303
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    • 2015
  • This study presents a strategy so-called Subspace Search Mechanism (SSM) for reducing the computational time for convergence of population based metaheusristic algorithms. The selected metaheuristic for this study is the Cuckoo Search algorithm (CS) dealing with size optimization of trusses. The complexity of structural optimization problems can be partially due to the presence of high-dimensional design variables. SSM approach aims to reduce dimension of the problem. Design variables are categorized to predefined groups (subspaces). SSM focuses on the multiple use of the metaheuristic at hand for each subspace. Optimizer updates the design variables for each subspace independently. Updating rules require candidate designs evaluation. Each candidate design is the assemblage of responsible set of design variables that define the subspace of interest. SSM is incorporated to the Cuckoo Search algorithm for size optimizing of three small, moderate and large space trusses. Optimization results indicate that SSM enables the CS to work with less number of population (42%), as a result reducing the time of convergence, in exchange for some accuracy (1.5%). It is shown that the loss of accuracy can be lessened with increasing the order of complexity. This suggests its applicability to other algorithms and other complex finite element-based engineering design problems.

Acoustic variations associated with congenital heart disease (선천성 심장병 환아에서 음향학적 요소의 변동)

  • Oh, Jung Eun;Choi, Yoon Mi;Kim, Sun Jun;Joo, Chan Uhng
    • Clinical and Experimental Pediatrics
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    • v.53 no.2
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    • pp.190-194
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    • 2010
  • Purpose : To investigate the nature of deviant voice physiology in preoperative children with congenital heart disease. Methods : Ninety-four children with congenital heart disease were enrolled. Their cries and related acoustic variables (fundamental frequency, duration, noise to harmonic ratio, jitter and shimmer) were analyzed using a multi-dimensional voice program. Results : The average fundamental frequency showed a significant decrease in patent ductus arteriosus, ventricular septal defect, and tetralogy of Fallot, except in atrial septal defect and pulmonary stenosis. The length of the analyzed sample (duration) did not show a significant difference when compared with the control group. There was a significant increase in jitter percent in ventricular septal defect, patent ductus arteriosus, and atrial septal defect. There was an increase in shimmer in ventricular septal defect, patent ductus arteriosus, and atrial septal defect. The noise-to-harmonic ratio increased in ventricular septal defect, patent ductus arteriosus, and atrial septal defect but there was no significant difference in pulmonary stenosis and tetralogy of Fallot. While analyzing acoustic variables, the voice change was significantly higher, especially in patent ductus arteriosus followed by ventricular septal defect and atrial septal defect. Most of these acoustic variables were deviant in left-to-right shunt lesions in congenital heart disease, especially in patent ductus artriosus. Conclusion : The results of the voice change analysis of preoperative children with congenital heart disease revealed that the acoustic variables differed by each congenital heart disease. Moreover, the acoustic variables were prominently deviant in congenital heart disease with left-to-right shunts.

What Millennial Workers Want? Turnover or Intention to Stay in Company

  • MAPPAMIRING, Mappamiring;AKOB, Muhammad;PUTRA, Aditya Halim Perdana Kusuma
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.237-248
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    • 2020
  • The purpose of this study is to investigate and reconfirm the research instruments and variables that have been developed by prior study and built new concepts from empirical research results. Besides analyzing the essential role of fundamental, rational, and psychology aspects to increase employee's intention to stay in a company, which is useful for the development of human resource development strategies for millennial workers in the future. A total of 438 non-student male respondents aged 23-36 years, with unmarried status and not working in the SOE sector or as a civil servant, were surveyed with questionnaires. The study was conducted in Makassar, Indonesia. Data collection uses a survey with the second-order model approach and regression with control variables. The findings of this study suggest the existence of an inter-relationship between fundamental, rational and psychological aspects. They are inseparable and have a positive and significant influence. Broadly speaking, the link between fundamental, psychology and rational aspects states that the decision for millennial male workers to stay in the company will depend on whether the company has a good image and reputation, the level of attention the organization pays to career development, is competent, and applies regulations and rules with flexibility.