• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.37 no.7
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• pp.669-677
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• 2009

In general, the pitch momentum biased system that induces inherently nutational motion in roll/yaw plane, has been adapted for geosynchronous communications satellites. This paper discusses the method of roll attitude control using yaw axis momentum management method for a low earth orbit(LEO) satellite which is a pitch momentum biased system equipped with only two reaction wheels. The robustness of wheel momentum management method with PI-controller is investigated comparing with wheel torque control method. The transfer function of roll/yaw axis momentum management system that is useful for attitude controller design is derived. The disturbance effect of roll/yaw axis momentum management system for attitude control is investigated to identify design parameters such as magnitude of momentum bias and to get the insight for controller design. As an example, the PID controller design result of momentum management system for roll/yaw axis control is provided and the simulation results are presented to provide further physical insight into the momentum management system.

• Journal of the Korean Data Analysis Society
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• v.20 no.6
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• pp.3025-3035
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• 2018

This study investigates the momentum phenomena of stocks listed on the taiwan stock exchange. The purpose of this study is to examine the differences in momentum phenomena among firm size, foreign investor ownership, individual investor ownership, and institutional investor ownership. The empirical results of the momentum phenomenon in the Taiwanese stock market are as follows. First, there is no momentum phenomenon during the whole sample period. Second, momentum profitability does not exist even if this study divides by firm size. However, the results are different if this study divides it by the investor ownership. Third, there is a significant positive momentum for firms with high individual ownership. Fourth, on the contrary, positive momentum was observed in firms with low institutional ownership. Finally, there was no momentum phenomenon when dividing by foreign ownership. This study has academic contribution in analyzing the momentum phenomenon in Taiwanese stock market considering the investor's ownership.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.47 no.5
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• pp.371-378
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• 2019

High precision pointing satellite uses the reaction wheels for the attitude control and their momentum dumping is performed by the three magnetic torquers. In this paper, the effects of one magnetic torquer's failure on the momentum dumping will be reviewed. When the satellite on the high inclination angle orbit holds LVLH (Local Vertical Local Horizontal) attitude, pitch axis magnetic torquer failure causes the momentum dumping failure. But in case of other torquer's failure, momentum dumping is still possible with degraded dumping performance. When pitch axis magnetic torquer fails, momentum dumping is possible by changing the satellite attitude. This paper propose the satellite attitude change to make the momentum dumping possible when pitch axis magnetic torquer fails. In addition, if torquer arrangement is modified, momentum dumping is always possible regardless of any torquer's failure.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.48 no.2
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• pp.147-158
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• 2020

In this paper, we will review the thruster based reaction wheel momentum dumping method for low Earth orbit satellite. Thruster based momentum dumping is widely used in GEO satellites by performing momentum dumping and attitude control using thrusters at the specific time. LEO satellite should perform momentum dumping at any time, thus it is not appropriate to use GEO satellite's momentum dumping method. In this research, we will review the method for LEO satellite, which perform momentum dumping always and use reaction wheels for attitude control during dumping. To reduce thruster's valve on and off counts, we propose to use the maximum pulse width for thruster operation. To prevent attitude error increase by thrusters, we adjust the thruster operation interval. Through simulation, we verify the proposed method's effects.

• The Korean Journal of Financial Management
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• v.26 no.1
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• pp.189-220
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• 2009

This study tests the significance of momentum and contrarian strategy which challenge the weak efficient market hypothesis (EMH). If momentum and contrarian strategy can make extra return above the market, this can be a significant critics to the weak EMH. By using Monte Carlo simulation we have found that many existing returature, which test the significance of momentum and contrarian strategy, have a significance distortion problem. We test the significance of momentum and contrarian strategy by using reality check test of White(2000) which solve the problem of data snooping bias. The results are following. When we use the KOSPI index as the benchmark portfolio, we can get the best strategy of momentum strategy in the case of mean return. But in the case of Sharp ratio which is the performance measure adjusting risk, we find that the best strategy in the momentum and contrarian strategy can not dominate the performance of benchmark portfolio. Therefore we argue that weak EMH can not be rejected because of superior performance of momentum and contrarian strategy when we consider risk.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.33 no.9
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• pp.81-88
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• 2005

This paper analyzes the fuel consumption for the momentum dumping of the COMS which has a single solar array system. First, numerical analyses are conducted to find an optimal momentum dumping time considering the COMS configuration. It is assumed that the momentum dumping is conducted once a day and at a fixed time of a day. Secondly, in an effort to reduce the momentum dumping fuel consumption, this paper proposes a new approach which combines the momentum dumping and the ordinary north/south stationkeeping. Finally, to evaluate the proposed technique, the stationkeeping simulations are conducted and analyzed.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.46 no.9
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• pp.760-766
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• 2018

Due to external disturbances on the satellite, unwanted momentum is accumulated on reaction wheels. To remove this momentum, three magnetic torquers which are installed along the satellite's axes are used. The magnetic torquers generated torque indirectly by interactions with the earth's magnetic field. Thus, during momentum dumping, we should consider both the magnetic torquer and the earth's magnetic field generated on the magnetic torquers at the same time. When low earth orbit satellite with high inclination angle holds nadir pointing attitude, weak earth's magnetic field is generated along the satellite's pitch axis. In this case, one magnetic torquer is overloaded and momentum dumping performance is degraded. This research will review the method to improve the momentum dumping performance by adjusting magnetic torquers arrangement.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.33 no.9
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• pp.73-80
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• 2005

This paper addresses a newly proposed start-up method of the HAUSAT-2 momentum wheel. The HAUSAT-2 is a 25kg class nanosatellite which is stabilized to earth pointing by 3-axis active control method. A momentum wheel performs two functions. It provides a pitch-axis momentum bias while measuring satellite pitch and roll attitude. Pitch control is accomplished in the conventional way by driving a momentum wheel in response to pitch attitude errors. Precession control and nutation damping are provided by driving the pitch axis magnetic torquer. A momentum wheel is nominally spinning at a particular rate and changes speed. This simulation study investigates the feasibility and performance of a proposed strategy for starting-up the wheel. A proposed strategy to start-up the wheel shows that a pitch momentum wheel can be successfully started-up to its nominal speed from rest and be stabilized to nadir pointing.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.37 no.2
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• pp.113-120
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• 2009

To numerically simulate aerodynamics of rotor-airframe interaction in a rigorous manner, we need to solve the Navier-Stokes system for a rotor-airframe combination in a single computational domain. This imposes a computational burden since rotating blades and a stationary body have to be simultaneously dealt with. An efficient alternative is a momentum source method in which the action of rotor is approximated as momentum source in a stationary mesh system built around the airframe. This makes the simulation much easier. The magnitude of the momentum source is usually evaluated by the blade element theory, which often results in a poor accuracy. In the present work, we evaluate the momentum source from the simulation data by using the Navier-Stokes equations only for a rotor system. Using this data, we simulated the time-averaged steady rotor-airfame interaction and developed the unsteady rotor-airframe interaction. Computations were carried out for the simplified rotor-airframe model (the Georgia Tech configuration) and the results were compared with experimental data. The results were in good agreement with experimental data, suggesting that the present approach is a usefull method for rotor-airframe interaction analysis.

• Journal of Industrial Convergence
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• v.20 no.11
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• pp.75-83
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• 2022

This study analyzes whether investor sentiment and liquidity explain the momentum phenomenon in the Korean stock market and whether it is a risk factor for the asset pricing model. The empirical analysis used the monthly returns of non-financial companies listed on the stock market during the period 2000-2021. As a result of the analysis, first, it was found that there is a momentum effect in Korea. This is the same result as the previous study, and since 2000, the momentum effect has been accepted as a general phenomenon in the Korean stock market. Second, if we look at the portfolio based on investor sentiment, investor sentiment is influencing momentum. In particular, when investor sentiment is negative, the return on the winner portfolio is high. Third, as a result of the analysis based on liquidity, the momentum effect disappears and a reversal effect appears. Fourth, it was found that investor sentiment and liquidity influence the momentum effect. This is a result of the strong momentum effect in the illiquid stock group with negative investor sentiment. Fifth, as a result of analyzing the effect of each factor on stock returns, it was found that both investor psychology and liquidity factors have a significant impact on returns. The estimated results provide evidence that the inclusion of these two factors in the Carhart four-factor model significantly increases the predictive power of the model. Therefore, it can be said that investor sentiment factors and liquidity factors are important factors in determining stock returns.