• The Journal of Information Systems
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• v.12 no.2
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• pp.1-20
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• 2003

This paper deals with the application of the genetic algorithm to the technical trading rule of the stock market. MACD(Moving Average Convergence & Divergence) and the Stochastic techniques are widely used technical trading rules in the financial markets. But, it is necessary to determine the parameters of these trading rules in order to use the trading rules. We use the genetic algorithm to obtain the appropriate values of the parameters. We use the daily KOSPI data of eight years during January 1995 and October 2002 as the experimental data. We divide the total experimental period into learning period and testing period. The genetic algorithm determines the values of parameters for the trading rules during the teaming period and we test the performance of the algorithm during the testing period with the determined parameters. Also, we compare the return of the genetic algorithm with the returns of buy-hold strategy and risk-free asset. From the experiment, we can see that the genetic algorithm outperforms the other strategies. Thus, we can conclude that genetic algorithm can be used successfully to the technical trading rule.

• KCID journal
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• v.14 no.1
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• pp.100-109
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• 2007

• Journal of Korea Water Resources Association
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• v.37 no.7
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• pp.553-567
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• 2004

This study proposes a modified standardized precipitation index (MSPI) which was developed to make up for the weakness of the SPI. Both MSPI and SPI are applied to the monthly rainfall at the Seoul station for the drought analysis. The MSPI proposed is nothing but the SPI for the normalized monthly rainfall, that is, an extra step for normalizing the monthly rainfall is included before driving the SPI. Thus, the MSPI has a structure to transfer the relative amount of rainfall to the next months, but the SPI the absolute amount of rainfall. The monthly rainfall data at the Seoul station used in this study are those collected from 1777 to 1996. The rainfall data collected before and after the long dry period around 1900 were also analyzed separately for the comparison. The results derived are as follows. (1) The MSPI was found to be more practical compared to the SPI. This was assured by comparing the analysis results of the data including and excluding the long dry period around 1900. (2) The MSPI is found to be less sensitive than the SPI to the extreme rainfall events. For the MSPI, the occurrence probabilities of moderate drought before and after the long dry period are similar, but those for the extreme drought becomes slightly decreased after the long dry period (from about 18 years of return period before the long dry period to the 16 years after the long dry period). However, the duration becomes longer after the long dry period (the duration for the extreme drought has been increased from 2 to 2.5 months after the long dry period). This results can also be compared with a rather unreasonable result derived by applying the SPI (for the extreme drought the return period has been decreased to be from 25 to 10 years after the long dry period, on the other hand the duration has been increased from 1.5 months to 3.5 months). So, we man conclude that the MSPI is more practical for the drought analysis that the SPI.

• Journal of the Korea institute for structural maintenance and inspection
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• v.26 no.2
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• pp.43-50
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• 2022

Even though the structural safety is confirmed in the design stage, the structural safety is not guaranteed in the construction stage because the structural system is not completed. In addition, since the construction period is shorter than the period of use of the building after completion, it is excessive to apply the same seismic load to the construction stage as in the design stage. ASCE 37-14 presents the concept of seismic load reduction factor during construction, but does not provide a clear application method. Therefore, in this study, the seismic load reduced according to the return period was applied to the example model of a residential middle-rise RC building. The construction stage of the example model was divided into five-story units, and seismic load with the change of the return period was applied to the construction stage models to analyze the change of seismic load during construction and to check the sectional performances of structural members. By comparing the design strength ratio of the shear wall at the design stage and the construction stage, the range of seismic load magnitudes that can assure the safety during construction of a residential middle-rise RC building was analyzed in terms of the return period.

• Journal of Korea Water Resources Association
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• v.36 no.4
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• pp.561-573
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• 2003

This study has analyzed the drought return and duration characteristics using the monthly rainfall at Seoul, and compared them with those obtained by applying the Poisson process. The Standardized Precipitation Index (SPI) was used as the drought index along with the 10 month moving average for the rainfall smoothing. The thresholds applied for the analysis of drought were -1.00, -1.50, and -2.00. The drought return and duration characteristics derived from the analysis of observed data show that: (1) The moderate drought occurs every 2 years and lasts about 4 - 5 months. (2) The severe drought occurs every 3 - 5 years and lasts about 2 - 4 months. (3) The extreme drought occurs every 8 - 23 years and lasts about 1 - 4 months. Especially, the severe droughts (thresholds of -1.5 and -2.0) before the long dry period were found to have longer return periods but shorter durations than those after the long dry period. This seems to be because of the high variability of precipitation as well as the fact that no snowfall has been added for the winter precipitation before the long dry period. Finally, the comparison of results derived from the analysis of observed data and those derived by applying the Poisson process shows that the Poisson process well explain the return and duration characteristics of drought.

• Journal of Korea Water Resources Association
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• v.39 no.4 s.165
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• pp.373-382
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• 2006

In this study a theoretical drought severity-duration-frequency analysis is performed based on a simple Rectangular Pulses Poisson Process Model(RPPM). Data set with various durations are prepared for a given truncation level, whose statistics are then derived to be used for parameter estimation. These parameters are then used for the theoretical drought severity-duration-frequency analysis. The analysis is considered for two cases; one is to consider the overlap probability and the other is not. The drought severity of considering the overlap probability increases more as the return period increases. However, the overlap probability itself decreases as the duration increases, which is because the occurrence probability of events decreases as the duration increases. Also, if the duration increases, the events rarely or even not occur, since parameters of the model cannot be estimated in those cases, so the drought severity may not be computed. This is an obvious limitation of the simple RPPM. In this study the return periods of the important drought events occurred in Seoul are estimated using the results of the study. If the return period of an event is assumed to be the longest one among those with various durations, the return periods of some important event in Seoul are estimated to be between 14 and 35 years. These return periods are not so long to indicate that these droughts can occur frequently.

• Korean Journal of Social Welfare Studies
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• v.48 no.4
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• pp.221-249
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• 2017

This study aims to investigate determinants that affect job retention of injured workers depending upon types of return to work in order to suggest define the intervention priority for those who returned to original works and for those who did not. After constructing explaining variables based on literature reviews, determinants were verified analyzing 1,292 people using Panel Study of Worker's Compensation Insurance(PSWCI) data. The job retention period turned out to be 46.6 months for those who returned to original work and 34.2 month for those who returned to new works. Injured workers who return to new works tend to have more unemployment experiences. As a result of Cox proportional regression analysis, the longer it takes to return to work, the longer both groups tend to retain after the accident. Age, recuperation period, health status, psycho-social rehabilitation, education and occupational training also affect on job retention probability for those who return to new work. Based upon the analyzed result, setting up an adequate duration for return-to-work, intervention for injured workers who experienced vulnerable working condition before the accident and continuous case management after return-to-work are suggested.

• Journal of applied mathematics & informatics
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• v.34 no.1_2
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• pp.75-84
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• 2016

The objective of this work is to perform a geometric analysis of the net present value (NPV) and Internal Rate of Return (IRR), defining analytics and in verifying the relationship between geometric properties of such functions. For this simulation, was used the values of the cash flows for each period identical and equal to US$ 200.00 cash, the initial investment US$ 1,000.00 and investments of each identical and equal to US$ 50.00 period. In addition, the discount rate and time were considered a maximum of 2 years (24 months) at a rate between 0 and 100%. The geometric analysis of the characteristics obtained from the expressions of the Net Present Value and Internal Rate of Return possible to observe that besides the analytical dependence between these quantities , the geometric relationships are relevant when studied in relation to the zero NPV and expressed a great contribution the sense of a broad vision for the administrator in the analysis of analytical variables that in uences the balance sheet of the company.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.1
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• pp.47-58
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• 2020

The research aims to investigate the determinants of the financial performance of 1343 Vietnamese companies categorized into six different industries listed on the Vietnamese Stock Exchange over a four-year period from 2014 to 2017 using STATA software. Those determinants include firm size, liquidity, solvency, financial leverage, and financial adequacy while the financial performance is evaluated by three different ratios: return on assets (ROA), return on equity (ROE), and return on sales (ROS). The research results from these companies during the given period indicate that: (1) Firm size has a positive impact on both ROA and ROS, especially ROA but it has the opposite effect on ROE, (2) Adequacy ratio impacts positively on ROA and ROS but negatively on ROE, (3) Financial leverage considerably negative influences on ROE and ROS but positively impacts on ROA, (4) Liquidity has a positive effect on both ROA and ROE but a negative one on ROS and (5) Solvency has a positive impact on ROA and ROS but the negative impact on ROE. Furthermore, agriculture accounted for the highest percentage of profitability at the beginning, which was replaced by service for ROA but manufacture for ROE from 2016 to 2017 as opposed to the least in transportation.

• Journal of Forest and Environmental Science
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• v.34 no.4
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• pp.352-358
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• 2018

This research paper investigates available options for implementing clean development mechanism (CDM) project in Sarawak state, Malaysia. To investigate economic feasibility, data was collected using survey and field research methods. Also, economic analysis was estimated using net present value (NPV), internal rate of return (IRR) and payback period (PBP) during the 30 years CDM: afforestation and reforestation periods. The result of economic analysis indicated that, the payback period was estimated at 9 years with 18 percent of internal rate of return (IRR). This study also highlighted that CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid Recovered Fuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study results demonstrate the methodology and guideline for future CDM investment and projects.