• Title/Summary/Keyword: grey model

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Stock Investment of Agriculture Companies in the Vietnam Stock Exchange Market: An AHP Integrated with GRA-TOPSIS-MOORA Approaches

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;KUMAR G, Venkata Ajay;HU, Yi-Chung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.113-121
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    • 2020
  • Multi-criteria stock selection is a critical issue for effective investment since the improper stock investment might cause many problems affecting investors negatively. Investors need a range of financial indicators while they are choosing the optimal set of stocks to invest. This study aims to rank the stock of agriculture companies indexed on the Vietnam Stock Exchange Market. The data of 13 agriculture companies during the 2016-2019 periods was analyzed by analytical hierarchy process (AHP) integrated with grey relational analysis (GRA), multi-objective optimization ratio analysis (MOORA), and technique for order performance by similarity to ideal solution (TOPSIS). The AHP method is employed to determine the weights of the proposed financial ratios, and GRA, TOPSIS, and MOORA approaches are used to obtain final ranking. The results indicated that HSL is the top stock with the highest rank and GRA, MOORA, and TOPSIS rankings have strong correlation values between 0.78-1. The findings suggest that the integrated model could be implemented effectively to specific analysis of industries such as oil and gas, textiles, food, and electronics in future research. Further, other techniques like COPRAS, KEMIRA, and EDAS could be employed to evaluate the financial performance of other companies to solve investment problems.

Rainfall induced instability of mechanically stabilized earth embankments

  • Roy, Debasis;Chiranjeevi, K.;Singh, Raghvendra;Baidya, Dilip K.
    • Geomechanics and Engineering
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    • v.1 no.3
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    • pp.193-204
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    • 2009
  • A 10.4-m high highway embankment retained behind mechanically stabilized earth (MSE) walls is under construction in the northeastern part of the Indian state of Bihar. The structure is constructed with compacted, micaceous, grey, silty sand, reinforced with polyester (PET) geogrids, and faced with reinforced cement concrete fascia panels. The connections between the fascia panels and the geogrids failed on several occasions during the monsoon seasons of 2007 and 2008 following episodes of heavy rainfall, when the embankment was still under construction. However, during these incidents the MSE embankment itself remained by and large stable and the collateral damages were minimal. The observational data during these incidents presented an opportunity to develop and calibrate a simple procedure for estimating rainfall induced pore water pressure development within MSE embankments constructed with backfill materials that do not allow unimpeded seepage. A simple analytical finite element model was developed for the purpose. The modeling results were found to agree with the observational and meteorological records from the site. These results also indicated that the threshold rainwater infiltration flux needed for the development of pore water pressure within an MSE embankment is a monotonically increasing function of the hydraulic conductivity of backfill. Specifically for the MSE embankment upon which this study is based, the analytical results indicated that the instabilities could have been avoided by having in place a chimney drain immediately behind the fascia panels.

Magnetic Flux Leakage (MFL) based Defect Characterization of Steam Generator Tubes using Artificial Neural Networks

  • Daniel, Jackson;Abudhahir, A.;Paulin, J. Janet
    • Journal of Magnetics
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    • v.22 no.1
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    • pp.34-42
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    • 2017
  • Material defects in the Steam Generator Tubes (SGT) of sodium cooled fast breeder reactor (PFBR) can lead to leakage of water into sodium. The water and sodium reaction will lead to major accidents. Therefore, the examination of steam generator tubes for the early detection of defects is an important requirement for safety and economic considerations. In this work, the Magnetic Flux Leakage (MFL) based Non Destructive Testing (NDT) technique is used to perform the defect detection process. The rectangular notch defects on the outer surface of steam generator tubes are modeled using COMSOL multiphysics 4.3a software. The obtained MFL images are de-noised to improve the integrity of flaw related information. Grey Level Co-occurrence Matrix (GLCM) features are extracted from MFL images and taken as input parameter to train the neural network. A comparative study on characterization have been carried out using feed-forward back propagation (FFBP) and cascade-forward back propagation (CFBP) algorithms. The results of both algorithms are evaluated with Mean Square Error (MSE) as a prediction performance measure. The average percentage error for length, depth and width are also computed. The result shows that the feed-forward back propagation network model performs better in characterizing the defects.

Flow Visualization in the Branching Duct by Using Particle Imaging Velocimetry (입자영상유속계를 이용한 분기관내 유동가시화)

  • No, Hyeong-Un;Seo, Sang-Ho;Yu, Sang-Sin
    • Journal of Biomedical Engineering Research
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    • v.20 no.1
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    • pp.29-36
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    • 1999
  • The objective of this study is to analyse the flow field in the branching duct by visualizing the flow phenomena using the PIV system. A bifurcation model is fabricated with transparent acrylic resin to visualize the whole flow field with the PIV system. Water was used as the working fluid and the conifer powder as the tracer particles. The single-frame and two-frame methods of the PIV system and 2-frame of the grey level correlation method are applied to obtain the velocity vectors from the images captured in the flow filed. The velocity distributions in a lid-driven cavity flow are compared with the so-called standard experimental data, which was obtained from by 4-frame method in order to validate experimental results of the PIV measurements. The flow patterns of a Newtonian fluid in a branching duct were successfully visualized by using the PIV system and the sub-pixel and the area interpolation method were used to obtain the final velocity vectors. The velocity vectors obtained from the PIV system are in good agreement with the numerical results of the 3-dimensional branch flow. The results of numerical analyses and the PIV experiments for the three-dimensional flows in the branch ing duct show the recirculation zone distal to the branching point and the sizes of the recirculation length and height of the tow different methods are in good agreement.

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An Experimental Study on the Flow Characteristics around Wedge Type Structure by Slamming (슬래밍에 의한 쐐기형 구조물 주위의 유동특성에 관한 실험적 연구)

  • Oh, Seung-Jin;Cho, Dae-Hwan
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.19 no.2
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    • pp.213-218
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    • 2013
  • This paper presents are experimental investigation to figure out slamming impact pressure and flow characteristics of a wedge type structure in free fall. The flow field has been obtained by 2-frame grey level cross correlation PIV(Particle Image Velocimetry) method, the impact presure of free fall structure by a pressure acquisition system apply to Dewetron system. The angles between a model and the free surface are adapted $15^{\circ}$, $25^{\circ}$, $35^{\circ}$ and $45^{\circ}$ respectively. Velocity field of water exit has higher better than water entry. The impact pressure under the bottom of the model ha been appeared higher values at 15 degrees than 45 degrees, and also at P1.

An experimental study on the flow characteristics around to changes in the angle of the wedge type structure by free fall (자유낙하에 의한 각도 변화에 따른 쐐기형 구조물 주위의 유동특성에 관한 실험적 연구)

  • Oh, Seung-Jin;Cho, Dae-Hwan
    • Journal of Advanced Marine Engineering and Technology
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    • v.37 no.5
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    • pp.493-499
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    • 2013
  • This paper presents are experimental investigation to figure out impact pressure and flow characteristics of a wedge type structure in free fall. The flow field has been obtained by 2-frame grey level cross correlation PIV(Particle Image Velocimetry) method, the impact pressure of free fall structure by a pressure acquisition system apply to Dewetron system. The angles between a model and the free surface are adapted $15^{\circ}$, $25^{\circ}$, $35^{\circ}$ and $45^{\circ}$ respectively. Velocity field of water exit has higher better than water entry. The impact pressure under the bottom of the model has been appeared higher values at $15^{\circ}$ than $45^{\circ}$, and also at P1.

Flow control on the near wake of a circular cylinder attached with control rods (제어봉 부착에 따른 원형실린더 근접 후류 유동제어에 관한 실험적 연구)

  • Gim, Ok-Sok;Lee, Gyoung-Woo
    • Journal of Navigation and Port Research
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    • v.32 no.6
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    • pp.453-458
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    • 2008
  • Flow characteristics of the control-rod-attached 2-dimensional circular cylinder was accomplished using by PIV techniques. model tests had been carried out with different diameters of control rods(d/D=0.1 through d/D=0.5). and the Reynolds number Re=15,000 based on the cylinder diameter(D=50mm) to predict the performance of the model and the two-frame grey-level cross-correlation method had been used to obtain the velocity distribution in the flow field. 50mm circular cylinder had been used during the whole experiments and measured results had been compared with each other. The measured results have been compared with each case. therefore this article identifies not only the mean velocity profiles but also the control effects of the control rods.

Association of Financial Distress and Predicted Bankruptcy: The Case of Pakistani Banking Sector

  • ULLAH, Hafeez;WANG, Zhuquan;ABBAS, Muhammad Ghazanfar;ZHANG, Fan;SHAHZAD, Umeair;MAHMOOD, Memon Rafait
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.573-585
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    • 2021
  • The banking sector is one of the most important sectors in Pakistan's struggling economy. Recent studies have recommended that suitable methods can be applied to predict bankruptcy. In this context, this work analyzes Pakistan's banking sector's financial status through the five-factor Altman Z-score model, which determines the probability of bankruptcy for an organization. Banking data has been collected through the Pakistan Stock Exchange (PSX) in the period 2013-2017. The Z-score assessment criteria is defined as: Z> 2.99 - "safe" zone; Z> 1.8 Z>2.98- "grey" zone; and Z <1.8 - "distress" zone. Results show good predictions for the local banking industry, while most foreign Pakistani banks were found bankrupt with the Z-score below 1.1. One of the financial risks investors face when investing in any company is the risk of bankruptcy. One of the most used models for predicting financial distress for any company is Altman's Z-score model. On the other hand, the Z-score analysis suggests that all banking establishments are not bankrupt because they have sufficient ability to control bankruptcy. At the same time, foreign banks failed financially and would not be able to be sustained in the future because they do not have the ability to pay the short-term and long-term debt.

Slope stability prediction using ANFIS models optimized with metaheuristic science

  • Gu, Yu-tian;Xu, Yong-xuan;Moayedi, Hossein;Zhao, Jian-wei;Le, Binh Nguyen
    • Geomechanics and Engineering
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    • v.31 no.4
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    • pp.339-352
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    • 2022
  • Studying slope stability is an important branch of civil engineering. In this way, engineers have employed machine learning models, due to their high efficiency in complex calculations. This paper examines the robustness of various novel optimization schemes, namely equilibrium optimizer (EO), Harris hawks optimization (HHO), water cycle algorithm (WCA), biogeography-based optimization (BBO), dragonfly algorithm (DA), grey wolf optimization (GWO), and teaching learning-based optimization (TLBO) for enhancing the performance of adaptive neuro-fuzzy inference system (ANFIS) in slope stability prediction. The hybrid models estimate the factor of safety (FS) of a cohesive soil-footing system. The role of these algorithms lies in finding the optimal parameters of the membership function in the fuzzy system. By examining the convergence proceeding of the proposed hybrids, the best population sizes are selected, and the corresponding results are compared to the typical ANFIS. Accuracy assessments via root mean square error, mean absolute error, mean absolute percentage error, and Pearson correlation coefficient showed that all models can reliably understand and reproduce the FS behavior. Moreover, applying the WCA, EO, GWO, and TLBO resulted in reducing both learning and prediction error of the ANFIS. Also, an efficiency comparison demonstrated the WCA-ANFIS as the most accurate hybrid, while the GWO-ANFIS was the fastest promising model. Overall, the findings of this research professed the suitability of improved intelligent models for practical slope stability evaluations.

Estimation of Genetic Parameters for Economic Traits in Korean Native Chicken Using Multiple Trait Animal Model (다형질 Animal Model에 의한 한국재래계의 주요 경제형질의 유전모수 추정)

  • 상병돈;최철환;김학규;나재천;김상호;송치은;정행기;상병찬;한성욱
    • Korean Journal of Poultry Science
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    • v.27 no.1
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    • pp.51-61
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    • 2000
  • This study was conducted to estimate the general production performance, heritabilities, and genetic phenotypic correlations on several economic traits by multiple trait animal model in Korean native chicken. The data were collected from the records of 5,192 pullets produced from 2,029 dams and 250 sires in Daejon Branch, National Livestock Research Institute from April 10. 1994 to February 10. 1997. Body weights of Red Brown (RB), Yellow Brown (YB), Grey Brown (GB) and Black (B) strains were 1,649.9, 1,439.6, 1,455.6 and 1,575.3g at age of 150 days and 1,923.5, 1,689.6, 1,812.4 and 1,924.0g at age of 270 days, respectively. The ranges of coefficient of variation for body weight were 11.52 to 14.02 at age of 150 days and 12.82 to 14.59% at age of 270 days, respectively. The first eggs of RB, YB, GB and B strains were produced at 147.4, 146.5, 151.1 and 152.1 days, respectively and the coefficients of variation were 7.80 to 8.41%. Egg weight at 270 days were 49.7, 47.6, 48.8 and 48.7 g for RB, YB, GB nd B strains, and coefficients of variation were 6.99 to 7.94% . The number of eggs at age of 270days were 75.8, 78.0, 76.7 and 68.8 for RB, YB, GB and B strains, respectively, and coefficient of variations were 23.87 to 29.89%. On heritability estimates in RB, YB, GB and strains body weight were 0.40, 0.10, 0.09 and 0.57 for RB, YB, GB and B strains at age of 150 days, and 0.23, 0.09, 0.38 and 0.24 at age of 270 days were 0.39, 0.47, 0.60 and 0.62, and egg weights at 270 days and age at 1st egg were 0.36, 0.12, 0.38 and 0.26, number of egg production at 270 days were 0.44, 0.36, 0.58 and 0.49, respectively. The genetic correlation coefficients of body weight with the age of first egg, egg weight and number of egg production at 270days were -0.07∼0.67, -0.24∼0.70 and 0.12∼0.41, respectively ; age of first egg with number of egg production at 270days and egg weight were -0.75∼0.91 and 0.34∼0.97 ; and egg weight with number of egg production at 270days were 0.18∼0.68. The phenotypic correlation coefficients of body weight with at age of first egg, egg weight and number of egg production at 270days were -0.01∼0.74, -0.04∼0.72 and 0.25∼0.57 ; age of first egg with number of egg production at 270days and egg weight were 0.26∼0.52 and 0.52∼0.92, respectively ; and egg weight with number of egg production at 270days were 0.34∼0.91.

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