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Predicting Stock Liquidity by Using Ensemble Data Mining Methods

  • Bae, Eun Chan;Lee, Kun Chang
    • Journal of the Korea Society of Computer and Information
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    • v.21 no.6
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    • pp.9-19
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    • 2016
  • In finance literature, stock liquidity showing how stocks can be cashed out in the market has received rich attentions from both academicians and practitioners. The reasons are plenty. First, it is known that stock liquidity affects significantly asset pricing. Second, macroeconomic announcements influence liquidity in the stock market. Therefore, stock liquidity itself affects investors' decision and managers' decision as well. Though there exist a great deal of literature about stock liquidity in finance literature, it is quite clear that there are no studies attempting to investigate the stock liquidity issue as one of decision making problems. In finance literature, most of stock liquidity studies had dealt with limited views such as how much it influences stock price, which variables are associated with describing the stock liquidity significantly, etc. However, this paper posits that stock liquidity issue may become a serious decision-making problem, and then be handled by using data mining techniques to estimate its future extent with statistical validity. In this sense, we collected financial data set from a number of manufacturing companies listed in KRX (Korea Exchange) during the period of 2010 to 2013. The reason why we selected dataset from 2010 was to avoid the after-shocks of financial crisis that occurred in 2008. We used Fn-GuidPro system to gather total 5,700 financial data set. Stock liquidity measure was computed by the procedures proposed by Amihud (2002) which is known to show best metrics for showing relationship with daily return. We applied five data mining techniques (or classifiers) such as Bayesian network, support vector machine (SVM), decision tree, neural network, and ensemble method. Bayesian networks include GBN (General Bayesian Network), NBN (Naive BN), TAN (Tree Augmented NBN). Decision tree uses CART and C4.5. Regression result was used as a benchmarking performance. Ensemble method uses two types-integration of two classifiers, and three classifiers. Ensemble method is based on voting for the sake of integrating classifiers. Among the single classifiers, CART showed best performance with 48.2%, compared with 37.18% by regression. Among the ensemble methods, the result from integrating TAN, CART, and SVM was best with 49.25%. Through the additional analysis in individual industries, those relatively stabilized industries like electronic appliances, wholesale & retailing, woods, leather-bags-shoes showed better performance over 50%.

Foot-and-mouth Disease Information Using Android (안드로이드를 이용한 구제역 정보제공)

  • Choi, Eun-Gyu;Kim, Chi-Ho;Lee, Sang-Yoon;Song, Joo-Hwan;Ha, Yun-Hae;Hwang, Gun-Soon;Kim, Tae-Hyeung;Son, Won-Geun;Kim, Ki-Youn;Kim, Hyeon-Tae
    • Journal of agriculture & life science
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    • v.46 no.5
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    • pp.137-141
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    • 2012
  • The foot and mouth disease(FMD) was occurred from Andong city on November 23, 2010 and spread out the whole country except Jeju island and Jeolla-do. About 3.4 million livestock such as cow and pig was buired at 4,200 sites during preventive measures of FMD. Government did not effectively respond to the FMD crisis management so FMD spread out the whole country. To Prevent the spread FMD, Farms have to fast approaching and respond directly to smartphones and Tablet PC applications. Resolve the difficulties of using smart devices and easy to operate for the effective utilization of the development of simple applications. This application of FMD, developed for the prevention and alarm applications, foot and mouth disease will be caused, farmers around the farm in case of risk and the seriousness of the FMD will notify smartphone, FMD prevent additional damage due to be interested in preventing further that allows your application is for development purposes.

Review of Assessment Criteria for Sustainable Outdoor Space Responding to Climate Change (기후위기 대응 외부공간의 지속가능성 평가지표의 검토 및 고찰)

  • Chun, Seung-Hoon;Chae, Soo-Kwon
    • Journal of Environmental Impact Assessment
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    • v.30 no.6
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    • pp.393-412
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    • 2021
  • This study examines the assessment systems of LEED v4.1, an eco-friendly building evaluation system in the United States, and SITE v2, an assessment system for sustainable outdoor spaces, and then compares and examines them from the perspective ofrelevant laws and institutional guidelines and standards in Korea. The conclusion is as follows. First, the US eco-friendly certification system basically not only establishes an independent evaluation system according to the field of expertise, but also provides a sustainable city and community through response to the climate crisis and the comfort of the external space environment. It can be evaluated that securing the quality of life of healthy and happy city dwellers is the top priority. Second, Korea's Green Building Certification System (G-LEED) was basically based on the American LEED system, but it was judged that there was a fundamental difference. It was judged that there is a limitation in not being able to achieve an integrated approach through the participation of various expert groups and stakeholders, but also in the accumulation of more scientific and reliable data and information through the application of cutting-edge information and communication equipment. Third, in the case of external space in Korea, a sustainable assessment system has not been established, and not only is it dispersed in various legal and institutional guidelines, but also its effectiveness is judged to be very low. Therefore, it is judged that it is urgent to introduce and secure the applicability of SITES v2, a sustainable outdoor space assessment system in the United States. It was judged that the effectiveness should be secured through the upward adjustment of the minimum Ecological Area Ratio.

In Gong Ok-jin's solo performance of Changmugeuk Analysis of the Korean sentiments and artistic values of the choreography (공옥진 1인 창무극에서 무(舞)의 한국적 정서와 예술적 가치 분석)

  • Kim, Ji-Won
    • (The) Research of the performance art and culture
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    • no.20
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    • pp.63-94
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    • 2010
  • Research on Gong Ok-jin's choreography and its artistic value is still insufficient in the academia of Korea. Her life cannot be said even or smooth - she was born into an artist family with abundant innate talent and sensitivity, feeling joy and sorrow as a gypsy artist begging for food, facing and overcoming the crisis of her trademark deformed dance during the period when she played the solo performance of Changmugeuk, making a transition to the animal dance and finally to the sick dance getting her health back from the long struggle against disease. Her life, however, has always been an artistic expression and we can know that art has been the consolation and driving force of her life. In the Korean artistic tradition that integrates music, singing and dancing, it is beyond doubt that the third has been rather secondary compared with the first two. In the Changmugeuk, however, Gong Ok-jin focuses on each movement of hers, commensurate with the humorous witticism and the traditional opera of pansori. What is her message in such painstaking movements? She puts gestures ahead of words and continues them, reminding her audience of the meaning of dance and driving it into them. Especially, her deformed dance, unprecedented in choreographic history, is hard to understand if you do not sympathize with Koreans' innermost emotions. If you are to understand it, you should first feel what emotions are in Koreans' mentality to be expressed in the form of choreographic elements and what artistic values they carry. This study, in this context, is to reflect upon the original choreographic form of her Changmugeuk solo and to overview Korean dance's unique emotional values with regard to the way Korean choreographic subject matters and traditions are passed down.

A Comparative Analysis of Face-to-face and Non-face-to-face Education Based on the Mock Test for a Radiologist (방사선사면허 시험 대비 모의고사 중심으로 대면 교육과 비대면 교육비교 분석)

  • Kim, Yong Wan;Ahn, Beyung Ju;Lee, Jun Heang;Kim, Ju Mi;Yeo, Hwa Yeon
    • Journal of the Korean Society of Radiology
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    • v.14 no.7
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    • pp.923-930
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    • 2020
  • The COVID-19 crisis inevitably led to full-scale non-face-to-face education in 2020. The researchers selected five universities out of 48 universities in radiology and radiology departments nationwide (1.2 in 2019 and 1.2 in 2020) to examine the results of face-to-face training and non-face-to-face mock tests conducted by senior students in radiology departments and radiology departments of the national health department (12 in 2019 and 1.2 in 2020) in preparation for the license test. It turned out to be. Comparing the results of face-to-face and non-face-to-face training (two in 2019 and two in 2020), statistics were analyzed by nonparametric tests, and the results showed that there were differences in theory (Z=-2.023, p<0.05, application (Z=-2.023), p<0.05), practical skills (Z=-1.753, and p<0.05). As a result of the mock test, non-face-to-face education results in poor grades compared to face-to-face education, it is believed that lectures should be taught differently or various educational methods that can communicate with students should be combined.

Issue Analysis on the Deregulation of Telemedicine in the Digital Convergence Era (디지털 융복합시대에 원격의료 규제 완화에 관한 쟁점 분석)

  • Kim, Jin-Suk;Oh, Su-Hyun
    • Journal of Digital Convergence
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    • v.18 no.12
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    • pp.445-457
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    • 2020
  • The purpose of this study is to analyze various issues that may arise from the recent deregulation of telemedicine implemented by the government, propose initiative preparations for the implementation of telemedicine policies, and suggest implications for the basic conditions and direction of the deregulation of telemedicine. Recently, deregulation policy cases in telemedicine include that designation of a special zone for regulatory freedom in Gangwon Province, allowing physician-patient telemedicine and telephone counseling and prescription cases in the COVID-19 crisis. There are four main issues that could arise with the deregulation of telemedicine: safety, effectiveness, differences in access to health care and the economic industry, and legal responsibility. As a initiative preparation, this study proposed a pilot project for telemedicine and enhanced support for face-to-face care complementary tools, vitalizing remote co-operation, policy model that do not disrupt the medical delivery system, and legal maintenance. In conclusion, as a suggestion of basic premise and direction in the implementation of telemedicine deregulation, the implementation of initiative measures to address issues concerning telemedicine, the review and regulation of conditions to be considered in the implementation of telemedicine, and the establishment of a close communication and cooperative sturcture with medical providers.

Exploring Social Service Demand and Policy Implications of the Vulnerable in Rural Areas (농어촌 취약계층의 사회서비스 수요탐색과 정책함의)

  • Kim, Yun-Yong;Lee, Seok-Hwan
    • The Journal of the Korea Contents Association
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    • v.20 no.12
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    • pp.332-345
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    • 2020
  • This study sought to explore the demand in the social service sector and present policy implications, focusing on the vulnerable in rural villages exposed to worse conditions amid the Covid-19 crisis. To this end, the social service needs of vulnerable groups by household type were analyzed by utilizing the raw data of the 2018 Survey on Rural Well-Being. Analysis showed that the greatest demand social services for all rural villages, the elderly, the disabled, one-person, one elderly and low-income households were income support services, while in household that included children the demand was for childcare and education-related services. The second-highest social services in terms of demand were cultural leisure vacation support services for all rural villages, healthcare-related services for the elderly, the disabled, one elderly and low-income households, cultural leisure vacation support services for households including children and daily life support services for single-person households. Based on these results, a measure was proposed to support social services, tailored to vulnerable groups in rural villages. In addition, the government's lack of a consultation system between urban and rural welfare policies, such as a basic plan for health and welfare in rural villages, led this paper to discuss the need for a feedback function and dedicated formulation of mid- to long-term policies in rural villages. It also proposed the establishment of conditions for providing customized social services for rural villages.

The Effects of Evaluations of Social Safety Net and Trust in Government on the Willingness to Accept Tax Increases in the Era of COVID-19: the Moderating Role of Income Levels (COVID-19 시대 사회안전망 평가와 정부신뢰가 증세 수용에 미치는 영향: 소득 수준의 조절효과를 중심으로)

  • Roh, Minjung
    • The Journal of the Korea Contents Association
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    • v.20 no.12
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    • pp.154-165
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    • 2020
  • With a long-lasting pandemic of COVID-19, we have faced unprecedented socioeconomic threats. The regulation of human exchange has exposed us not only to the threat of health and medical care problems, but also to the burden of the contraction of economic activity. The outbreak of COVID-19 did give us an opportunity to reexamine the social safety net which has been prepared for such crisis situations. The current study, in this vein, aims to investigate the impact of evaluations of social safety nets on the trust in government and on individual willingness to accept tax increases. To this end, this study has explored the data from a survey conducted on 1,000 adult men and women across the country (South Korea) in May, 2020, when COVID-19 has entered a pandemic phase. The analysis result then has shown that the evaluation of social safety net after the outbreak of COVID-19 had a positive impact on the trust in the government, which in turn led to the increase of the willingness to accept tax increases. Moreover, the positive impact of trust in government on the willingness to accept tax increases has been more amplified when the income level was increased. These results could contribute to laying the theoretical foundation for restructuring the policies and systems for the post COVID-19 era.

Changes in School Foodservice during COVID-19 Pandemic Lockdown based on Focus Group Interviews (포커스 그룹 인터뷰를 통한 COVID-19 유행 동안 학교 급식의 변화)

  • Ji, Mirim;Um, Mihyang;Kye, Seunghee
    • Journal of the Korean Society of Food Culture
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    • v.37 no.1
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    • pp.1-12
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    • 2022
  • This qualitative study analyzed various environmental factors and difficulties faced by school foodservices during the COVID-19 pandemic. Focus group interviews were conducted by enrolling 12 nutrition teachers and nutritionists. Data collected were subsequently analyzed for changes implemented during the pandemic, in hygiene management, diet management, and distribution management of the school meal. The content and method of delivery of information related to diet guidance and school foodservice by related organizations were also examined. Results of the survey show that personal hygiene (such as maintaining student-to-student distance, checking students for a fever, and hand disinfection) was duly applied, installation of table coverings and distancing between school cafeteria seats were conducted, and mandatory mask-wearing to prevent droplet transmission was enforced. Depending on the COVID-19 situation, the number of students having school meals was limited per grade, and time-spaced meals were provided. To prevent infection, menus that required frequent hand contact were excluded from the meal plan. Overall, it was difficult to manage the meal plan due to frequent changes in tasks, such as the number of orders and meal expenses. These changes were communicated by nutrition teachers and nutritionists wherein the numbers of school meals were adjusted, depending on situations arising from each COVID-19 crisis stage. Furthermore, in some schools, either face-to-face nutrition counseling was stopped entirely, or nutrition education was conducted online. Parent participation was disallowed in the monitoring of school meals, and the prohibition on conversations inside the school cafeteria resulted in the absence of communication among students, nutrition teachers, and nutritionists. Additionally, confusion in meal management was caused by frequent changes in the school meal management guidelines provided by the Office of Education and the School Health Promotion Center in response to COVID-19. In anticipation of the emergence of a new virus or infectious diseases caused by mutations in the years to come, it is suggested that a holistic, well-thought-out response manual for safe meal operation needs to be established, in close collaboration with schools and school foodservice-related institutions.

A Study of Kano Jigoro's Philosophical Viewpoint of Joseon: Focusing on Martial Art Philosophy (가노지고로의 조선관 연구: 무도사상을 중심으로)

  • Yoo, Sung-Yeon
    • 한국체육학회지인문사회과학편
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    • v.57 no.5
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    • pp.1-11
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    • 2018
  • The purpose of this study was to investigate the views of Joseon held by Kano Jigoro, who was the creator of judo and spread the martial arts ideology across the world, to shed light on the fundamental essence of the martial arts ideology spread around Korea. Conducted in this perspective, the study generated the following results: first, Kano Jigoro grew up, receiving history education from classical scholars of Japan. He was accordingly influenced by the Seikanron, which argues that Empress Jingu, a mythical character, conquered Silla, Baekje and Gaya. The Seikanron became the basis of the Imna Ilbonbu theory during the Japanese rule and was projected onto martial arts ideas Jeongryeokseonyong and Jatagongyeong that were completed by Kano Jigoro and introduced into Joseon. Secondly, Kano Jigoro distributed and expanded the tale of statehood in the prism of martial arts ideology since the Meiji Restoration, which was possible because he connected his martial arts ideas to the statehood of Japan. As a result, they were used as the logic of Korea and Japan are One in Joseon unlike the rest of the world where they were applied as peace ideas. Finally, his martial arts ideology introduced into Joseon during the Japanese rule went through acculturation and showed the contradiction of being interpreted differently according to different individuals. Most Japanese people made use of his martial arts as a means of the Korea and Japan are One policy, whereas the pioneers of the Korean people excluded Kano Jigoro's view of state, included the nationalistic features in it, and trained their martial arts as a means of overcoming the national crisis.