• Title/Summary/Keyword: fundamental variables

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

  • 이해영;감형규
    • 한국산학기술학회논문지
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    • 제13권3호
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    • pp.1035-1041
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    • 2012
  • 본 연구는 기업규모, 장부가치/시장가치 비율, 순이익/주가 비율, 현금흐름/주가 비율, 레버리지 등 기본적 변수를 사용하여 주식수익률에 유의적인 변수를 확인하고자 하였다. 이를 위해 본 연구에서는 횡단면 자료와 시계열 자료를 결합한 패널자료(panel data)를 이용하여 패널자료분석방법으로 연구모형을 실증적으로 분석하였다. 일반적으로 패널자료를 사용하면 Hsiao[13]가 지적한 바와 같이 표본의 크기를 확대시켜 자유도를 증가시키고 이론적으로 설명변수간 다중공선성(muti-collinearity) 문제를 완화할 수 있다. 실증분석결과에 의하면 기업규모(SIZ), 장부가치/시장가치 비율(B/M), 순이익/주가 비율(E/P), 현금흐름/주가 비율(C/P) 등이 주식수익률의 횡단면적 차이를 설명할 수 있는 유의적인 변수라 할 수 있다.

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

  • 김병권;이석홍;정하선;이영남;문한영
    • 한국콘크리트학회:학술대회논문집
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    • 한국콘크리트학회 2001년도 봄 학술발표회 논문집
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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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떡 카페 메뉴에 대한 고객선호도 요인이 메뉴 만족에 미치는 영향에 관한 연구 (The Effects of Customers' Preference Variables on the Level of Satisfaction with the Menu at Rice Cake Cafe)

  • 전효진;한명진;박계영
    • 한국조리학회지
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    • 제12권3호
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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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    • 제13권1호
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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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    • 제8권8호
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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
    • 한국지구과학회지
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    • 제23권2호
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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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    • 제18권2호
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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.

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

  • 오정은;최윤미;김선준;주찬웅
    • Clinical and Experimental Pediatrics
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    • 제53권2호
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    • pp.190-194
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    • 2010
  • 목 적 : 애성 및 음성 변동은 심장병 환자에서 관찰될 수 있는데 이러한 음성 변동 정도를 음향학적 지표의 평가로 분석하여, 소아에서 선천성 심장병 종류에 따른 음성 변동을 음향학적 요소로 분석하고자 하였다. 방 법 : 수술 전 선천성 심장병 환아 94명을 연구 대상으로 하였고 심실 중격 결손, 동맥관 개존, 심방 중격 결손, 폐동맥 협착, 활로 사징이 포함되었으며, 음성 변동을 조사하기 위한 음향 지표 분석은 통증 자극을 통하여 얻어진 음성 자료를 multi-dimensional voice program system을 이용하여 평가하였다. 연구에 사용된 음향 지표로 average fundamental frequency, length of analyzed sample, jitter percent, shimmer, noise to harmonic ratio를 분석하였다. 결 과 : 음향 지표인 average fundamental frequency은 동맥관 개존, 심실 중격 결손, 활로 사징 경우에서 유의한 감소를 나타냈으며, length of analyzed sample은 연구 대상 선천성 심장병 환아에서 대조군에 비해 의미있는 차이를 나타내지 않았다. Jitter percent, shimmer, noise to harmonic ratio는 심실 중격 결손, 동맥관 개존, 심방 중격 결손에서 대조군에 비해 증가되었다. 이러한 음성 변동은 연구 대상 선천성 심장병 중 동맥관 개존에서 음도변이, 강도변이, 음성의 소음 정도가 가장 뚜렷하게 나타났으며, 동맥관 개존, 심실 중격 결손, 심방 중격 결손 순으로 그 음성 변동의 특징을 나타냈다. 결 론 : 수술 전 선천성 심장병 환아에서 음성을 음향학적 지표로 비교 분석한 결과 음향학적 지표들이 심장 질환의 유형별 차이를 보이는데 좌우 단락 심질환군에서 현저한 비정상적 음향학적 지표를 나타냈다.

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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    • 제7권5호
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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.