• Title/Summary/Keyword: relative safety index

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Analysis about Effect for Stock Price of Korea Companies through volatility of price of USA and Korea (미국과 한국의 가격변수 변화에 따른 한국기업 주가에 대한 영향분석)

  • 김종권
    • Proceedings of the Safety Management and Science Conference
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    • 2002.11a
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    • pp.321-339
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    • 2002
  • The result of variance decomposition through yield of Treasury of 30 year maturity of USA, S&P 500 index, stock price of KEPCO has 76.12% of impulse of KEPCO stock price at short-term horizon, but they have 51.40% at long-term horizon. After one year, they occupy 13.65%, and 33.25%. So their effects are increased. By the way, S&P 500 index and yield of Treasury of 30 year maturity of USA have relatively more effect for forecast of stock price oi KEPCO at short-term & long-term. The yield of Treasury of 30 year maturity of USA more than S&P 500 index have more effect for stock price of KEPCO. It is why. That foreign investors through fall of stock price of USA invest for emerging market is less than movement for emerging market of hedge funds through effect of fall of yield of Treasury of 30 year maturity of USA, according to relative effects for stock price of Korea companies. The result of variance decomposition through won/dollar foreign exchange rate, yield of corporate bond of 3 year maturity, Korea Stock Price index(KOSPI), stock price of KEPCO has 81.33% of impulse of KEPCO stock price at short-term horizon, but they have 41.73% at long-term horizon. After one year, they occupy 23.57% and 34.70%. So their effects are increased. By the way, KOSPI and won/dollar foreign exchange rate have relatively more effect for forecast of stock price of KEPCO at short-term & long-term. The won/dollar foreign exchange rate more than KOSPI have more effect for stock price of KEPCO. It is why. The recovery of economic condition through improvement of company revenue causes of rising of KOSPI. But, if persistence of low interest rate continues, fall of won/dollar foreign exchange rate will be more aggravated. And it will give positive effect for stock price of KEPCO. This gives more positive effect at two main reason. Firstly, through fall of won/dollar foreign exchange rate and rising of credit rating of Korea will be followed. Therefore, foreign investors will invest more funds to Korea. Secondly, inflow of foreign investment funds through profit of won/dollar foreign exchange rate and stock investment will be occurred. If appreciation of won against dollar is forecasted, foreign investors will buy won. Through this won, investors will do investment. Won/dollar foreign exchange rate is affected through external factors of yen/dollar foreign exchange rate, etc. Therefore, the exclusion of instable factors for foreign investors through rising of credit rating of Korea is necessary things.

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[Retracted]Analysis of Slope Safety by Tension Wire Data ([논문철회]지표변위계를 활용한 비탈면 안정성 예측)

  • Lee, Seokyoung;Jang, Seoyong;Kim, Taesoo;Han, Heuisoo
    • Journal of the Korean GEO-environmental Society
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    • v.16 no.4
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    • pp.5-12
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    • 2015
  • Civil engineers have taken the numerous slope monitoring data for an engineering project subjected to hazard potential of slide. However, the topics on how to deal with and draw out proper information from the data related to the slope behavior have not been widely discussed. Recently, several researchers had installed the real-time monitoring system to cope with slope failure; however they are mainly focused on the hardware system installation. Therefore, this study tries to show how the measured data could be grouped and connected each other. The basic idea of analyzing method studied in this paper came from the clustering, which is the part of data mining analysis. Therefore, at the base of classification of time series data, the authors suggest three mathematical data analyzing methods; Average Index of different displacement ($AD_{i,j}$), Difference of average relative displacement ($\overline{RD}_{i,j}$) and Coordinate system of average and relative displacement ($\overline{RD}$, AD). These analyzing methods are based on the statistical method and failure mechanism of slope. Therefore they showed clustering relationships of the similar parts of the slope which makes the same sliding mechanism.

The Estimation of Fatigue Design Strength on Base Metal and Welded Parts of Rail (철도궤조(鐵道軌條) 및 용접연결부(鎔接連結部)에 대한 피로설계강도(疲勞設計强度)의 평가(評價))

  • Yong, Hwan Sun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.8 no.2
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    • pp.109-116
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    • 1988
  • The strength and load of structure are varied with the Passage of time, and become a process of probability. It is possible to estimate the reliability from the relation between strength and load. Considering the safety, It is reasonable to estimate allowable stress from the safety factor based on the reliability. In this study, the method to estimate probability of fracture, which is index of reliability for rail subjeict to long term fatigue load were examined. In estimation of reliablity it is meaningless to evaluate numerical value especially this difficult case estimating parameter of random variable. To overcome this problem, conventional design method estimating relative reliability were proposed. In this study the Cornell method were examined. The uncertainity of random variale, ie coefficient of variation which is the index of variation of strength and load were considered. The effect of uncertainity related to probability of fracture, and safety factor based on reliability were examined. The results of this study are followed. The reliability of weld metal were influenced by variation of strength more then load, and base metal were influenced by load. It is confirmed that the allowable stress range calculating with factor of safety based an reliability is conservative.

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A Development of Embankment Stability Evaluation Method on Soft Foundation (연약지반상의 흙쌓기 안정관리 기법 개발)

  • Kim, Jeong-Seon;Chang, Yong-Chai;Park, Sung-Su
    • Journal of the Korean Geotechnical Society
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    • v.29 no.9
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    • pp.43-54
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    • 2013
  • This study proposed a new embankment stability control method to analyze the measurement data on the slope activities of the soft ground, using the Stability Control Index (SCI) obtained from the p-q stress paths. In order to validate this new technique, the data from triaxial compression tests (CU) and field measurement were compared. SCI is calculated from the current path of the effective stress points ($p^{\prime}=p-{\Delta}u$) using the relative position between the Total Stress Path $p_{max}$ and the point of $k_f$ line $p_f$. From this result, the point of effective stress $p^{\prime}(=p-{\Delta}u)$ will have access to the point $p_f$ of $k_f$ line when the pore water pressure occurs or the point of total stress pass $p^{\prime}_{max}$ when the pore pressure dissipates. Thus, the Stability Control Index (SCI) can evaluate quantitatively the safety of embankment from the relative position of the effective stress path.

Long-term Changes of Fish Ecological Characteristics on the Gwanpyeong Stream Development and the Necropsy-based Health Assessments (관평천 개발에 따른 장기간 어류 생태적 특성 변화 및 해부학적 건강도 평가)

  • Oh, Ja Yun;Lee, Sang-Jae;An, Kwang-Guk
    • Korean Journal of Environment and Ecology
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    • v.34 no.4
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    • pp.282-293
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    • 2020
  • This study investigated a long-term variation trend of water quality, fish compositions, and ecological health conditions in the Gwanpyeong stream located in the nearby Daejeon metropolitan city to understand the impact of urban development projects on the aquatic ecosystem. The sampling was made in four surveys (2009, 2010, 2016, 2019) before and after urbanization. The urban development was conducted in 2008, resulting in the stream's ecological disturbance, and the stream restoration was conducted in 2012. Thus, stream monitoring was conducted to analyze the ecological trends before and after the restoration. The multi-metric models for Fish Assessment Index(FAI) and necropsy-based Health Assessment Index(HAI) were applied in the fish community and organ-level, respectively, to assess the ecological health of the stream. Minimum turbidity and chlorophyll-a(Chl-a) occurred in the mid-stream(St. 2), and this was probably due to rapid current velocity in the riffle zone. We collected 18 fish species, and the dominant species was Zacco platypus (40.6%). In 2016 immediately after the stream restoration, the relative proportions of sensitive species and insectivore species were the highest along with highest values in the species diversity and species richness index, resulting in the best condition in the ecological health, based on FAI model values. However, the ecological health, based on the FAI, became worse in the latest survey conducted in 2019. The analysis of the HAI model based on the organ-level approach showed skin erosion in the fish of upper stream, kidney defects in downstream, and the liver and gill defects observed in all sites, indicating that the anatomical health was also affected.

Discriminant Analysis of Factors Affecting Traffic Accident Severity During Daytime and Nighttime (판별분석을 활용한 주·야간 고속도로 교통사고 영향요인 비교연구)

  • Kim, Kyoungtae;Lee, Soobeom;Choi, Jihye;Park, Sinae;Seo, Geumyeol
    • International Journal of Highway Engineering
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    • v.18 no.3
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    • pp.127-134
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    • 2016
  • PURPOSES : Low visibility caused by dark surroundings at nighttime affects the likelihood of accidents, and various efforts, such as installing road safety facilities, have been made to reduce accidents at night. Despite these efforts, the nighttime severity index (SI) in Korea was higher than the daytime SI during 2011-2014. This study determined the factors affecting daytime and nighttime accident severity through a discriminant analysis. METHODS : Discriminant analysis. RESULTS : First, drowsiness, lack of attention, and lighting facilities affected both daytime and nighttime accident severity. Accidents were found to be caused by a low ability to recognize the driving conditions and a low obstacle avoidance capability. Second, road conditions and speeding affected only the daytime accident severity. Third, failure to maintain a safe distance significantly affected daytime accident severity and nonsignificantly affected nighttime accident severity. The majority of such accidents were caused by rear-end collisions of vehicles driving in the same direction; given the low relative speed difference in such cases, the shock imparted by the accidents was minimal. CONCLUSIONS : Accidents caused by a failure to maintain a safe distance has lower severity than do accidents caused by other factors.

Effects of Samhwangsasim-tang Gamibang on Atopic Dermatitis in Mice (삼황사심탕가미방(三黃瀉心湯加味方)이 생쥐에 유발된 아토피 피부염에 미치는 영향)

  • Lee, Ho-Chan;Jeong, Min-Yeong;Choi, Jung-Hwa;Park, Soo-Yeon
    • Herbal Formula Science
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    • v.25 no.3
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    • pp.337-347
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    • 2017
  • Objectives : Atopic Dermatitis (AD) is chronic skin disease characterized by allergic hypersensitivity reactions. Samhwangsasim-tang Gamibang(SHSST) can treat skin disease by cooling down blood heat, clearing away congenital fever and detoxicating. This study was conducted to investigate the effects of SHSST on AD induced by oxazolone in mice. Methods : We investigated the effects of SHSST on skin tickness, skin lesions, erythema and melanin index, water content and histopathological changes in vivo. The effects on body weights and spleen body weight ratio were also investigated in mice with AD. Results : In our results, oral administration of SHSST ameliorated skin lesion such as flare, erythema, exudate and petechia and lowered skin thickness induced by oxazolone. In addition, SHSST lowered erythema index and elevated water content compared to AD control respectively. In the histopathological observation, oral administration of SHSST prevented epidermal hyperplasia and spongiotic changes which is a hallmark of skin inflammation respectively. Finally, SHSST did not affect spleen/body weight ratio. Conclusions : These data imply that SHSST can ameliorate skin lesion of AD such as flare, erythema, exudate and petechia, and be used to treat AD patients with relative safety.

New Method for Estimating Gas Interchangeability for 13A Gas Appliances (13A 가스기기 새 가스호환성 판정법)

  • Ha, Young-Cheol;Park, Seo-Jong;Park, Won-Sic;Choi, Kyoung-Seok;Lee, Chang-Eon
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.35 no.9
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    • pp.961-967
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    • 2011
  • The objective of this study was to develop a new method for estimating gas interchangeability for 13A gas appliances. The three basic principles for the development of this method are as follows: 1) to derive the secondary interchangeability factor that represents the effect of gas composition, in addition to the major interchangeability factor, i.e., Wobbe index; 2) to test every type of and each maker's domestic gas appliances that are widely used in our country, particularly including premixed gas appliances; and 3) to develop a simple estimation method. On the basis of these principles, thirty representative gas appliances were tested, and as a result, a simple two-dimensional interchangeability diagram consisting of Wobbe index and relative density was developed. Unlike conventional methods for estimating interchangeability, this method can be applied to premixed gas appliances, which have a narrow stable flame range, and the interchangeability range of this method then becomes narrower than that of the conventional methods.

Long-term effects of gonadotropin-releasing hormone analogs in girls with central precocious puberty

  • Kim, Eun Young
    • Clinical and Experimental Pediatrics
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    • v.58 no.1
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    • pp.1-7
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    • 2015
  • Gonadotropin-releasing hormone analogs (GnRHa) are widely used to treat central precocious puberty (CPP). The efficacy and safety of GnRHa treatment are known, but concerns regarding long-term complications are increasing. Follow-up observation results after GnRHa treatment cessation in female CPP patients up to adulthood showed that treatment (especially <6 years) was beneficial for final adult height relative to that of pretreated or untreated patients. Puberty was recovered within 1 year after GnRHa treatment discontinuation, and there were no abnormalities in reproductive function. CPP patients had a relatively high body mass index (BMI) at the time of CPP diagnosis, but BMI standard deviation score maintenance during GnRHa treatment seemed to prevent the aggravation of obesity in many cases. Bone mineral density decreases during GnRHa treatment but recovers to normal afterwards, and peak bone mass formation through bone mineral accretion during puberty is not affected. Recent studies reported a high prevalence of polycystic ovarian syndrome in CPP patients after GnRHa treatment, but it remains unclear whether the cause is the reproductive mechanism of CPP or GnRHa treatment itself. Studies of the psychosocial effects on CPP patients after GnRHa treatment are very limited. Some studies have reported decreases in psychosocial problems after GnRHa treatment. Overall, GnRHa seems effective and safe for CPP patients, based on long-term follow-up studies. There have been only a few long-term studies on GnRHa treatment in CPP patients in Korea; therefore, additional long-term follow-up investigations are needed to establish the efficacy and safety of GnRHa in the Korean population.

Evaluation of Indoor Mold Exposure Level in dwelling Using DNA-Based Mold Assessment Method (DNA 기반 곰팡이 평가기법을 활용한 주택의 실내 곰팡이 노출수준 평가)

  • Hwang, Eun-Seol;Seo, Sung Chul;Lee, Ju-Yeong;Ryu, Jung-min;Kwon, Myung-Hee;Chung, Hyen-Mi;Cho, Yong-Min;Lee, Jung-Sub
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.28 no.4
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    • pp.382-392
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    • 2018
  • Objective: Allergic diseases such as asthma due to fungal exposure in houses have increased, and proper management is urgent. Mold can grow in the air, floor, walls, and other areas according to environmental conditions, and there are many limitations to the conventional methodology for examining fungal exposure. For this reason, the degree of fungal contamination is being evaluated by ERMI (Environmental Relative Moldiness Index), a quantitative analysis method proposed by the EPA. In this study, we compared ERMI values between water-damaged dwellings and non-damaged ones to evaluate the effectiveness of Korean ERMI values. We also explored the association of ERMI values with the level of airborne mold and characteristics of dwellings. Methods: Floor dust was collected after installing a Dustream collector on the suction port of a vacuum cleaner. The collected samples were filtered to remove only 5 mg of dust, and DNA was extracted using the FastDNA SPIN KIT protocol. Results: The ERMI values were found to be 19.6 (-6.9-58.8) for flooded houses, 7.5 (-29.2-48.3) for leaks/condensation, and 0.8 (-29.2-37.9) for non-damaged dwellings. The airborne concentration of mold for flooded, leakage or condensed, and non-damaged houses were $684CFU/m^3$, $566CFU/m^3$, and $378CFU/m^3$, respectively. The correlation between ERMI values and the levels of airborne mold was low (R = 0.038), but a weakly significant association of the ERMI values with the concentration of particulate matter ($PM_{10}$) was observed as well(R=0.231,P<0.05). Conclusions: Our findings show that the reference value using ERMI can be used to distinguish water-damaged and non-damaged dwellings. It is believed that ERMI values could be a promising tool for assessing long-term fungal exposure in dwellings.