• Journal of Digital Convergence
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• v.15 no.2
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• pp.135-144
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• 2017

This study is to identify the growth rate and volatility of logistics related firms in the stock market. To do this, we used monthly data for 197 years from June 2000 to October 2016 by selecting KOSPI and Transport & Storage(T&S), KOSDAQ, Transportation(TRANS) index. The purpose of this study is to compare the T&S and TRANS stock index returns with the KOSPI and KOSDAQ index. And we are to judge whether the development potential of the logistics industry and the value of the investment of related companies in the future is high. For this purpose, we will analyze the basic statistics, correlation and growth rate of each index, and compare T&S and TRANS with market returns. Analysis result, for the past 197 months logistics related T&S and TRANS have been higher than market returns. The correlation was highly related to TRANS and T & S in KOSPI, but it was not related to KOSDAQ. TRANS represents high risk and high return, while KOSDAQ represents high risk and low return market. TRANS is considered to be an efficient investment. We expect the future development of logistics related industries and T & S and TRANS to show a high rate of increase compared to the market returns.

• Journal of the Institute of Electronics Engineers of Korea CI
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• v.45 no.5
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• pp.95-101
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• 2008

Modeling of stock prices forecast has been considered as one of the most difficult problem to develop accurately since stock prices are highly correlated with various environmental conditions including economics and political situation. In this paper, we propose a agent system approach to predict Korea Composite Stock Price Index (KOSPI) using neural network and statistical methods. To minimize mean of prediction error and variation of prediction error, agent system includes sub-agent modules for feature extraction, variables selection, forecast engine selection, and forecasting results analysis. As a first step to develop agent system for KOSPI forecasting, twelve economic indices are selected from twenty two basic standard economic indices using principal component analysis. From selected twelve economic indices, prediction model input variables are chosen again using best-subsets regression method. Two different types data are tested for KOSPI forecasting and the Prediction results showed 11.92 points of root mean squared error for consecutive thirty days of prediction. Also, it is shown that proposed agent system approach for KOSPI forecast is effective since required types and numbers of prediction variables are time-varying, so adaptable selection of modeling inputs and prediction engine are essential for reliable and accurate forecast model.

• The Korean Journal of Financial Management
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• v.23 no.1
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• pp.243-266
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• 2006

This paper tests cross hedging performance of the KOSPI 200 stock index futures to hedge the downside risk of the KOSPI, KOSPI 200 and KOSDAQ50 spot market. For this purpose we introduce the minimum variance hedge model, bivariate GARCH(1,1) and EGARCH(1,1) model as hedge models. The main results are as follows; First, we find that the direct hedge performance of KOSPI 200 index futures is better than those of indirect hedge performance. second, in case or cross hedge performance the hedge effect of KOSPI 200 stock index futures market against KOSPI 200 stock index spot market is relatively better than those of KOSPI 200 index futures against KOSPI and KOSDAQ spot position. Third, for the out-sample, hedging effectiveness of the risk-minimization with constant hedge ratios is higher than those of the time varying bivariate GARCH(1,1) and EGARCH(1,1) model. In conclusion, investors are encouraged to use simple risk-minimization model rather than the time varying hedge models like GARCH and EGARCH model to hedge the position of the Korean stock index cash markets.

• Korean System Dynamics Review
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• v.8 no.2
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• pp.175-190
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• 2007

Stock market volatility largely depends on firms' value and growth opportunities. However, with the globalization of world economy, the effect of the synchronization in major countries is gaining its importance. Also, domestically, the business cycle and cash market of the country are additional factors needed to be considered. The main purpose of this research is to attest the application and usefulness of System Dynamics as a general stock market forecasting tool. Throughout this research, System Dynamics suggests a conceptual model for forecasting a KOSPI(Korea Composite Stock Price Index), taking the factors of the composite stock price indexes in traditional researches. In conclusion of this research, System Dynamics was proved to bean appropriate model for forecasting the volatility and direction of a stock market as a whole. With its timely adaptability, System Dynamic overcomes the limit of traditional statistic models.

• Proceedings of the Korean Information Science Society Conference
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• 2006.10a
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• pp.500-504
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• 2006

본 논문에서 기술하는 연구는 한국종합주가지수(KOSPI)의 장기적 변동 경향에 대한 확률적 예측 시스템을 제안한다. 제안된 방법론은 이미 단백질 상호작용 예측 시스템과 스트레스 확률 예측 시스템 등에 적용되어 유효성이 입증된 방법으로, 이미 알려진 데이터를 바탕으로 다양한 요인들의 가능한 모든 조합에 대한 경우의 수를 고려한 학습 결과에 기반하여 새로이 주어진 대상의 요인들을 분석해서 학습시 사용된 특정 군(class)에 속할지의 여부를 확률적으로 나타내준다. 이 방법론을 구현하기 위해 실제 과거 주가지수 데이터를 수집하여 CI(Combination Interrelation)행렬을 구현하였으며, 현재 진행중인 검증작업에 대해서도 기술하였다.

• Journal of Technology Innovation
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• v.13 no.1
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• pp.55-71
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• 2005

We attempt to make three composite Science and Technology (S&T) indices for overall understanding of national S&T by aggregation of various S&T indicators using fuzzy set theory and then use these Indices to compare the S&T activities of Korea with those of five developed countries (France, Germany, Japan, the U.K., the U.S.). The overall results suggest that although the S&T indices of Korea still lag behind those of developed countries, they have grown rapidly and continuously and, as a result, the S&T gaps between Korea and developed countries have narrowed. However, the capability of Korea to transform its R&D input into final economic output has not yet matched that of developed countries.

• International Journal of Highway Engineering
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• v.6 no.4 s.22
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• pp.55-63
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• 2004

It is necessary to use the pavement condition index which evaluates the conditions of pavement objectively and is utilized for effective pavement management. PSI, MCI, UPCI are currently used indices, however, they do not play a role as general indices due to their unfair considerations only for users or managers. Thus, this paper pointed out the problems of current indices and developed a new pavement condition index. Also, a sensitivity analysis on the material properties was conducted for the proposed index using the real data obtained from fields. The material properties affected the index in order of surface thickness, asphalt viscosity and asphalt content.

• Proceedings of the Safety Management and Science Conference
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• 2000.05a
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• pp.309-314
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• 2000

산업안전을 평가하는 지수개발은 안전 프로그램의 발전 방향에 크게 기여하기 때문에 매우 중요하다. 한국에서는 현재 사업장의 안전평가를 위해서 산업재해 평가지수로서 재해빈도를 나타내는 도수율과 재해 강도를 나타내는 강도율을 주로 사용하고 있으며 그외에 연천인율, 종합재해지수등도 사용되고 있다. 이러한 산업안전평가지수들은 근로자들이 느끼는 주관적 안전의 정도를 나타내지 못한다. 근로자들이 느끼는 안전의 정도를 도수율과 강도율의 함수로 나타낸 평가지수인 동의안전지수(동의안전지수=0.2*도수율10.8*강도율)가 최근 개발되었다. 본 논문은 동의 안전지수를 이용하여 업종별 분석을 실시하여 업종별 근로자가 느끼는 위험의 정도를 알아내고, 이를 근거로 업종별 효과적인 안전관리 방안을 제시하고자 한다.

• Journal of the Society of Disaster Information
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• v.17 no.4
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• pp.864-881
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• 2021

Purpose: This study aims is to provide a total care solution preventing disaster based on Big Data and AI technology and to service safety considered by individual situations and various risk characteristics. The purpose is to suggest a method that customized comprehensive index services to prevent and respond to safety accidents for calculating the living safety index that quantitatively represent individual safety levels in relation to daily life safety. Method: In this study, we use method of mixing AHP(Analysis Hierarchy Process) and Likert Scale that extracted from consensus formation model of the expert group. We organize evaluation items that can evaluate life safety prevention services into risk indicators, vulnerability indicators, and prevention indicators. And We made up AHP hierarchical structure according to the AHP decision methodology and proposed a method to calculate relative weights between evaluation criteria through pairwise comparison of each level item. In addition, in consideration of the expansion of life safety prevention services in the future, the Likert scale is used instead of the AHP pair comparison and the weights between individual services are calculated. Result: We obtain result that is weights for life safety prevention services and reflected them in the individual risk index calculated through the artificial intelligence prediction model of life safety prevention services, so the comprehensive index was calculated. Conclusion: In order to apply the implemented model, a test environment consisting of a life safety prevention service app and platform was built, and the efficacy of the function was evaluated based on the user scenario. Through this, the life safety index presented in this study was confirmed to support the golden time for diagnosis, response and prevention of safety risks by comprehensively indication the user's current safety level.

• Journal of the Korean Society of Marine Environment & Safety
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• v.29 no.1
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• pp.24-35
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• 2023

Rapid industrialization and urbanization have led to severe marine pollution. A Water Quality Index (WQI) has been developed to allow the effective management of marine pollution. However, the WQI suffers from problems with loss of information due to the complex calculations involved, changes in standards, calculation errors by practitioners, and statistical errors. Consequently, research on the use of artificial intelligence techniques to predict the marine and coastal WQI is being conducted both locally and internationally. In this study, six techniques (RF, XGBoost, KNN, Ext, SVM, and LR) were studied using marine environmental measurement data (2000-2020) to determine the most appropriate artificial intelligence technique to estimate the WOI of five ecoregions in the Korean seas. Our results show that the random forest method offers the best performance as compared to the other methods studied. The residual analysis of the WQI predicted score and actual score using the random forest method shows that the temporal and spatial prediction performance was exceptional for all ecoregions. In conclusion, the RF model of WQI prediction developed in this study is considered to be applicable to Korean seas with high accuracy.