• 제목/요약/키워드: further study

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Stock Market Behavior after Large Price Changes and Winner-Loser Effect: Empirical Evidence from Pakistan

  • RASHEED, Muhammad Sahid;SHEIKH, Muhammad Fayyaz;SULTAN, Jahanzaib;ALI, Qamar;BHUTTA, Aamir Inam
    • The Journal of Asian Finance, Economics and Business
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    • 제8권10호
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    • pp.219-228
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    • 2021
  • The study examines the behavior of stock prices after large price changes. It further examines the effect of firm size on stock returns, and the presence of the disposition effect. The study employs the event study methodology using daily price data from Pakistan Stock Exchange (PSX) for the period January 2001 to July 2012. Furthermore, to examine the factors that explain stock price behavior after large price movements, the study employs a two-way fixed-effect model that allows for the analysis of unobservable company and time fixed effects that explain market reversals or continuation. The findings suggest that winners perform better than losers after experiencing large price shocks thus showing a momentum behavior. In addition, the winners remain the winner, while the losers continue to lose more. This suggests that most of the investors in PSX behave rationally. Further, the study finds no evidence of disposition effect in PSX. The investors underreact to new information and the prices continue to move in the direction of initial change. The pooled regression estimates show that firm size is positively related to post-event abnormal returns while the fixed-effect model reveals the presence of unobservable firm-specific and time-specific effects that account for price continuation.

ICD-11과의 비교를 통한 한의학 처방데이터 내의 인체부위 용어 분석 연구 (Study of analysis on body part terminology from Korean medicine formula data in comparison with WHO ICD-11)

  • 김안나;이상훈;오용택
    • 대한한의학방제학회지
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    • 제30권3호
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    • pp.183-189
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    • 2022
  • Objective : This study aims to analyze the current use of body part terminology in Korean medicine formula data by comparing with ICD-11 body part terminology as a criteria. Methods : Body part terminology was extracted from the main treatment data within the Korean Medicine formula ontology and was analyzed in comparison with the ICD-11 body part terminology. Results : Out of 113 body part terminologies in Korean medicine, 92 were corresponded with ICD in a one-to-one, one-to-multi, or multi-to-one relation. Also, most body part terminologies were corresponded to superordinate concepts of ICD while 21 terminologies were not able to be corresponded to ICD. Conclusion : A majority of body part terminology in formula data could be corresponded to ICD but mostly refered to superordinate concepts. Results showed various types of corresponding relation which requires further study for precise and detailed correspondence. Also, study showed some terminologies were not applicable for correspondence which were mostly a unique body part concept of Korean medicine which requires further study to present Korean Medicine knowledge accurately in the language of ICD.

자궁내막증의 최근 중의치료에 대한 연구동향 분석 (Investigation of Current Treatment for Endometriosis in Chinese Medicine Journals)

  • 조혜숙
    • 대한한방부인과학회지
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    • 제26권4호
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    • pp.169-190
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    • 2013
  • Purpose: The purpose of this study is to examine acupuncture treatment suggested in the papers of endometrisis in Chinese Medicine Journals and to establish the further direction. Methods: The papers which were associated with endometrisis and acupuncture published between 2000 and 2012 in China Academic Journal were reviewed. Results: 25 studies met the condition. Acupuncture is reported as significant in improving clinical symptoms and reducing the size of endometrisis, which covers acupuncture, moxibustion, and burning acupuncture. Conclusions: Acupuncture treatment seems to be effective on endometrisis, from the paper research. It would be necessary to fulfill further study with a diversity of remedies and establish standard of evidence of them.

Cardiac Differentiation of Chicken Spermatogonial Stem Cells-A Directional Approach

  • Sodhi, Simrinder Singh;Jeong, Dong Kee
    • Reproductive and Developmental Biology
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    • 제38권4호
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    • pp.137-142
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    • 2014
  • A tremendous increase in the human population has put poultry industry under an increased pressure to meet steep increase in the demand. Poultry is contributing 25% of the total world's meat production and lesser cost of investment per bird makes it more suitable for the further breeding programmes. Major poultry diseases frequently lead to cardiac damage and cause huge economic losses to poultry industry due to mortality. The in vitro embryonic stem cell (ESC) technology has a futuristic approach for homogeneous populace of differentiated cells, for their further transplantations. During in vitro conditions the differentiated cell populace can be used in grafting and transplantation processes to regenerate damaged tissues. Therefore, the current study targeted the use of spermatogonial stem cells (SSCs) in the poultry production system through cardiac regeneration. The current study will also open new boulevard for the similar kind of research in other livestock species for the management of heart diseases.

안전사고 예방 교육에 대한 공업고등학교 학생들의 인식 연구 (A Study on Technical High School Students' Perception of Prevention Safety Accidents)

  • 김종복
    • 대한안전경영과학회지
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    • 제9권3호
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    • pp.41-47
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    • 2007
  • The purpose of this study is to collect and analyze their opinions to found solutions for reducing safety accidents since it is important to educate the students to recognize the importance of safety. We surveyed 350 students from mechanical and metal engineering departments of an engineering high school located in Seoul, and divided them in two categories and asked them about prevention of safety accidents in laboratories. It is found that further directions and educations are needed for the students as to emergency measures in case of safety accidents. Safety education before laboratory classes is crucial, helpful and effective for prevention of safety accidents. Facility factors that further education is needed for students who don't experiments in orderly manner.

Male Generation Y Consumers: Online Apparel Shopping and E-satisfaction

  • Kim, Jung-Hwan;Kim, Jung-Ho
    • International Journal of Costume and Fashion
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    • 제12권2호
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    • pp.1-14
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    • 2012
  • To date most of the research concerning e-service quality in the context of online apparel settings has had a female or a generalized for gender and age focus. To expand the scope of understanding of online consumers, this study focuses on the key dimensions of e-service quality which affect male Generation Y consumers' e-satisfaction which in turn may affect their e-loyalty. A convenience sample of male college students was recruited from a Korean university. The findings of this study showed that privacy, personalization, efficiency, and website design were the key dimensions that have significant positive relationships with e-satisfaction. The positive relationship between e-satisfaction and e-loyalty was also confirmed. Managerial implications and suggestions for further research are further discussed.

병렬 미세관 흐름비등의 유동특성 및 열전달 향상에 대한 수치적 연구 (Numerical Study on Flow and Heat Transfer Enhancement during Flow Boiling in Parallel Microchannels)

  • 전진호;이우림;서영호;손기헌
    • 한국전산유체공학회:학술대회논문집
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    • 한국전산유체공학회 2008년도 춘계학술대회논문집
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    • pp.472-473
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    • 2008
  • Flow boiling in parallel microchannels has received attention as an effective heat sink mechanism for power-densities encountered in microelectronic equipment. the bubble dynamics coupled with boiling heat transfer in microchannels is still not well understood due to the technological difficulties in obtaining detailed measurements of microscale two-phase flows. In this study, complete numerical simulation is performed to further clarify the dynamics of flow boiling in microchannels. The level set method for tracking the liquid-vapor interface is modified to include the effects of phase change and contact angle. The method is further extended to treat the no-slip and contact angle conditions on the immersed solid. Also, the reverse flow observed during flow boiling in parallel microchannels has been investigated. Based on the numerical results, the effects of channel shape and inlet area restriction on the bubble growth, reverse flow and heat transfer are quantified.

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Simulations using a whole-body biomechanical model

  • 정의승
    • 한국경영과학회:학술대회논문집
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    • 대한산업공학회/한국경영과학회 1990년도 춘계공동학술대회논문집; 한국과학기술원; 28 Apr. 1990
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    • pp.140-150
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    • 1990
  • Further developments on a dynamic biomechanical model are presented to assess musculoskeletal stresses and human responses. The model being developed is an extension of the Articulated Total Body (ATB) Model, originally developed by Calsapan Corp. for the study of human dynamics during automobile crashes, later adopted to the U.S.Air Force to simulate the reactions of aircrew personnel to such forces typically encountered in various phases of flight operations. Further refinements were introduced by Freivalds and Kaleps(1984) to account for a human neuromusculature. In this study, modelling of active neuromusculature was described and simulations of whole-body human motion were performed using the ATB Model. It indicated the potential of using a muscularized biomechanical model coupled with CAD capabilities to simulate human responses in a variety of industrial settings as well. This will serve as a basis of incorporating computer aided design methods into a muscularized biomechanical models.

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중등 학교수학의 교수-학습과 그래핑 계산기 활용과의 관계에 대한 고찰

  • 조정수
    • East Asian mathematical journal
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    • 제26권2호
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    • pp.165-177
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    • 2010
  • The purpose of this study is to review previous studies regarding the relationship between graphing calculators usage and teaching and learning school mathematics and to suggest practical implications for further research in mathematics education. Through reviewing the total of 21 studies five subsections are divided in order to gain the answers to the research questions. The results of this study are as follows: students typically used graphing calculators in drawing graphs of functions, and they used graphing calculators as a tool for calculations, transformations, data collection and analysis, visualization, and checking. The implications for further research are suggested corresponding to these results.

Parametric Study on Geogrid-Reinforced Track Substructure

  • Oh, Jeongho
    • International Journal of Railway
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    • 제6권2호
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    • pp.59-63
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    • 2013
  • The purpose of this paper was to evaluate the effectiveness of geogrid for conventional ballasted track and asphalt concrete underlayment track using PLAXIS finite element program. Geogrid element was modeled at various locations that include subballast/subgrade, subballast/ballast interfaces, middle of the ballast, and one-third depth of the ballast. The results revealed that the effectiveness of geogrid reinforcement appeared to be larger for ballasted track structure compared to asphalt concrete underlayment track. Particularly, in case of installing geogrid at one-third depth of ballast layer in a conventional ballasted track, the most effectiveness of geogrid reinforcement was achieved. The influence of geogrid axial stiffness on track substructure response was not clear to conclude. Further validations using a discrete element method along with experimental investigation are considered as a future study. The effect of asphalt concrete layer modulus was evaluated. The results exhibited that higher layer modulus seems to be effective in controlling displacement and strain of track substructure. However it also yields slightly higher stresses within track substructure. It infers that further validations are required to come up with optimum asphalt concrete mixture design to meet economical and functional criteria.