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A Study on the Prediction of Stock Return in Korea's Distribution Industry Using the VKOSPI Index

  • Jeong-Hwan LEE;Gun-Hee LEE;Sam-Ho SON
    • Journal of Distribution Science
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    • v.21 no.5
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    • pp.101-111
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    • 2023
  • Purpose: The purpose of this paper is to examine the effect of the VKOSPI index on short-term stock returns after a large-scale stock price shock of individual stocks of firms in the distribution industry in Korea. Research design, data, and methodology: This study investigates the effect of the change of the VKOSPI index or investor mood on abnormal returns after the event date from January 2004 to July 2022. The significance of the abnormal return, which is obtained by subtracting the rate of return estimated by the market model from the rate of actual return on each trading day after the event date, is determined based on T-test and multifactor regression analysis. Results: In Korea's distribution industry, the simultaneous occurrence of a bad investor mood and a large stock price decline, leads to stock price reversals. Conversely, the simultaneous occurrence of a good investor mood and a large-scale stock price rise leads to stock price drifts. We found that the VKOSPI index has strong explanatory power for these reversals and drifts even after considering both company-specific and event-specific factors. Conclusions: In Korea's distribution industry-related stock market, investors show an asymmetrical behavioral characteristic of overreacting to negative moods and underreacting to positive moods.

Risk Factors of the 2-Year Mortality after Bipolar Hemiarthroplasty for Displaced Femoral Neck Fracture

  • Jung Wook Huh;Han Eol Seo;Dong Ha Lee;Jae Heung Yoo
    • Hip & pelvis
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    • v.35 no.3
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    • pp.164-174
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    • 2023
  • Purpose: This study investigates the relationship between preoperative neutrophil-to-lymphocyte ratio (NLR), lymphocyte-to-C-reactive protein ratio (LCR), albumin, and 2-year mortality in elderly patients having hemiarthroplasty for displaced femoral neck fracture (FNF). Materials and Methods: We retrospectively reviewed 284 elderly patients who underwent hemiarthroplasty for Garden type IV FNF from September 2014 to September 2020. Using the receiver operating characteristic curve, optimal cutoff values for LCR, NLR, and albumin were established, and patients were categorized as low or high. Associations with 2-year mortality were evaluated through univariate and multivariate Cox regression analyses. Results: Of the 284 patients, 124 patients (45.9%) died within 2 years post-surgery. The optimal cutoff values were: LCR at 7.758 (specificity 58.5%, sensitivity 25.0%), NLR at 3.854 (specificity 39.2%, sensitivity 40.0%), and albumin at 3.750 (specificity 65.9%, sensitivity 21.9%). Patients with low LCR (<7.758), high NLR (≥3.854), and low albumin (<3.750) had a statistically significant reduced survival time compared to their counterparts. Conclusion: Lower preoperative LCR and albumin levels, along with higher NLR, effectively predict 2-year mortality and 30-day post-surgery complications in elderly patients with Garden type IV FNF undergoing hemiarthroplasty.

Advancements in Sustainable Plant-Based Alternatives: Exploring Proteins, Fats, and Manufacturing Challenges in Alternative Meat Production

  • Minju Jung;YouKyeong Lee;Sung Ok Han;Jeong Eun Hyeon
    • Journal of Microbiology and Biotechnology
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    • v.34 no.5
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    • pp.994-1002
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    • 2024
  • The rise in plant-based food consumption is propelled by concerns for sustainability, personal beliefs, and a focus on healthy dietary habits. This trend, particularly in alternative meat, has attracted attention from specialized brands and eco-friendly food companies, leading to increased interest in plant-based alternatives. The dominant plant-based proteins, derived mainly from legumes, include soy protein isolates, which significantly impact sensory factors. In the realm of plant-based fats, substitutes are categorized into fat substitutes based on fats and fat mimetics based on proteins and carbohydrates. The production of these fats, utilizing gums, emulsions, gels, and additives, explores characteristics influencing the appearance, texture, flavor, and storage stability of final plant-based products. Analysis of plant-based proteins and fats in hamburger patties provides insights into manufacturing methods and raw materials used by leading alternative meat companies. However, challenges persist, such as replicating meat's marbling characteristic and addressing safety considerations in terms of potential allergy induction and nutritional supplementation. To enhance functionality and develop customized plant-based foods, it is essential to explore optimal combinations of various raw materials and develop new plant-based proteins and fat separation.

Influences of Job Stress of 119 Briefing Room Workers on Depression (119상황실 근무자의 직무스트레스가 우울에 미치는 영향)

  • Park, Dae-Sung;Nam, Kun-Woo
    • The Korean Journal of Emergency Medical Services
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    • v.12 no.2
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    • pp.85-97
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    • 2008
  • Purpose : This study was cross-sectional study to examine the influence of job stress in 119 briefing room workers and aimed to provide the important basic materials for improving working conditions of 119 briefing room workers and further studies. Methods : This study selected 271 workers of 119 briefing room at National Emergency Management Agency and fire stations, metropolitan cities and provinces to examine the influences of job stress of 119 briefing room workers on depression. and as a result of analysis, the following conclusions. Results : 1) The whole average of job stress measure was 3.30. The highest area was interpersonal relationship factor as 3.41, 'job characteristic factor' as 3.36 and communication factor' as 3.01. 2) Total score of whole items of depression was 11.88 and showed slight depression level. 3) There was static correlation between job stress and depression(r=44.7, p= .000). There were statistically significant static correlations between job stress factor and depression(r= .388, p= .000), interpersonal relationship factor and depression(r= .471, p= .000), and communication factor and depression(r= .386, p= .000). 4) There was statistically significant difference in the influence of job stress on depression(B=8.575, p< .001). Influence of job stress on depression was explained as $R^2=.200$. When job stress factors as independent variables were input, interpersonal relationship factor(B=5.062, p< .001) had the greatest influence on depression and there was no statistically significant difference in communication factor(B=2.490, p< .05). Conclusions : It is considered that development of the various programs including program for getting rid of job stress of 119 briefing room workers and counseling program will be needed. particularly, factors such as human relationships and communication in the area of job stress must be the first priority.

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A Study on the Classification of Islands by PCA(II) (PCA에 의한 도서분류에 관한 연구(II))

  • 이강우;남수현
    • The Journal of Fisheries Business Administration
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    • v.15 no.1
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    • pp.58-80
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    • 1984
  • The classification of islands is prerequisite for establishing a development policy to vitalize many-sided function of islands. We try to classify the 440 inhabited islands which exist in Jeon-Nam area and Kyong-Nam area by means of PCA. PCA begins with making correlation matrix of orignal variables. From this matrix we can comprehend the rough relationships between two variables. Next, we look for the eigenvalues which are roots of characteristic equation of correlation matrix. The number of eigenvalues is equal to that of original variables. We choose the largest eigenvalue λ$_1$among them and then look for the eigenvector of correlation matrix corresponding to the largest eigenvalue. Linear combination of eigenvector obtained above and original variables is namely first Principal Component (PC). Using an eigenvalue criterion(λ$\geq$ 1), we choose 3 PCs in Jeon-Nam area and 2 PCs in Kyong-Nam area. But we decide to consider only two PCs in both areas to faciliate a comparative analysis. Now, loss of information is 31.7% in Jeon-Nam area and 26.64% in Kyong-Nam area. PCs extracted by preceding procedure have characteristics as follows. The first PC relates to aggregate size of islands in case of both areas. The second PC relates to income per household, factors of agricultural production and factors of fisheries production in Jeon-Nam area, but in Kyong-Nam area it means distance from island and income per household. A classification of islands can be attained by plotting component scores of each island in graph used two PCs as axes and grouping similiar islands. 6 groups are formed in Jeon-Nam area and 5 groups in Kyong-Nam area. The result of this study in kyong-Nam area accords with prior result of study.

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A Study on the actual conditions of college students′ fast-food use and their likings -Centering around the students in the Uijungbu region- (대학생들의 패스트푸드 이용 실태와 기호도에 관한 연구 -의정부 지역 대학생 중심으로-)

  • 이명호;김동섭
    • Culinary science and hospitality research
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    • v.6 no.3
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    • pp.329-342
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    • 2000
  • The demographic characteristics of research examinees showed that male students were 122(44%) and female ones 155(56%), and teenagers 142 per age. The average monthly pocket money appeared that 96 students received more than 200,000(34.7%) and it was analyzed that 243(87.7%) resided in their homes. The research of fast-food choice factors resulted in the fact that female students who were easily influenced by their friends were 83, while males 57. And, mascom took influence on 40 female students and 20 male ones, besides other included 39 male and 30 female students. They most preferred hamburger and pizza(94) among the fast-food menus, and taste like seasame was most preferred among the characteristic factors of foods taste. And as a result of factor analysis of menu, Cronbach alpha coefficient Fc 2 of reliability appeared highest as 0.7694, next, Fc 3 as 0.6965, and Fc 1 lowest as 0.6403. The reliability among the specific items of this study may be regarded high. And the difference between groups according to gender appeared that Fc 1, Fc 2, and Fc 3 were significantly different at 5% level as a result of T-examination analysis and the distributed analysis of the average monthly pocket money resulted in the fact that the difference between groups appeared significantly at F3 below significant level of 0.05. The testing of the difference of reason why the fast-food is preferred according to frequency of use per week lead to Chi-square value of 41.399 with free degree of 12, so significant degree became 0.000. The zero hypothesis that the two variables are not independent each other is not reserved because it has a small value of signigicant degree below 0.05, and the permanent hypothesis is adopted.

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Respiratory Severity Score as a Predictive Factor for the Mortality of Congenital Diaphragmatic Hernia

  • Ahn, Ja-Hye;Jung, Young Hwa;Shin, Seung Han;Kim, Hyun-Young;Kim, Ee-Kyung;Kim, Han-Suk
    • Neonatal Medicine
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    • v.25 no.3
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    • pp.102-108
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    • 2018
  • Purpose: Congenital diaphragmatic hernia (CDH) is rare but potentially fatal. The overall outcome is highly variable. This study aimed to identify a simple and dynamic parameter that helps predict the mortality of CDH patients in real time, without invasive tests. Methods: We conducted a retrospective chart review of 59 CDH cases. Maternal and fetal information included the gestational age at diagnosis, site of defect, presence of liver herniation, and lung-to-head ratio (LHR) at 20 to 29 weeks of gestational age. Information regarding postnatal treatment, including the number of days until surgery, the need for inhaled nitric oxide (iNO), the need for extracorporeal membrane oxygenation (ECMO), and survival, was collected. The highest respiratory severity score (RSS) within 24 hours after birth was also calculated. Results: Statistical analysis showed that a younger gestational age at the initial diagnosis (P<0.001), a lower LHR (P=0.001), and the presence of liver herniation (P=0.003) were prenatal risk factors for CDH mortality. The RSS and use of iNO and ECMO were significant factors affecting survival. In the multivariate analysis, the only remaining significant risk factor was the highest preoperative RSS within 24 hours after birth (P=0.002). The area under the receiver operating characteristic curve was 0.9375, with a sensitivity of 91.67% and specificity of 83.87% at the RSS cut-off value of 5.2. The positive and negative predictive values were 82.14% and 92.86%, respectively. Conclusion: Using the RSS as a prognostic predictor with simple calculations will help clinicians plan CDH management.

A Study on the Visual Evaluation According to Changes in Waist Position and Width of Wide Pants (와이드 팬츠의 허리선 위치와 바지통 변화에 따른 시각적 평가)

  • Kim, Jeong-Mee
    • Journal of the Korea Fashion and Costume Design Association
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    • v.15 no.4
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    • pp.101-112
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    • 2013
  • The purpose of this study was to evaluate the differences of the visual image on the variations in the waist position and the width of the wide pants. The stimuli were 9 samples: 3 variations of the waist position and 3 variations of the width of hem line. The data was obtained from 56 fashion students and analyzed by using Factor Analysis, Anova, Scheffe's Test and the MCA method. The results of this study are as follows; 1. The visual evaluation by the waist position and the width of the wide pants is composed of 4 factors: attractiveness, physical characteristics, modesty, and personality. Among these factors, the attractiveness was the most important. 2. The high waist pants showed the most characteristic and soft under the condition that the width of the hem line was 98cm at the third stage, while the natural waist pants showed no characteristics and stiff in case the width of the hem line was 66cm at the first stage. 3. The first stage pants were simplest and modest in case the waist position was low, while the third stage pants were the most complicated and untidiest in case the waist position was natural. 4. The waist position and the width of the wide pants interacted with the physical characteristics and the modesty. 5. According to the MCA on the attractiveness and the personality, the width affected to the visual image of the wide pants than the waist position did.

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A Study on Body Type Characteristics of Chinese-Korean Women between 15 and 17 Years Old Living in China (중국 거주 조선족 15-17세 여성의 체형특성 연구)

  • Im, Soon;Kim, Sang-Hee
    • Journal of the Korean Society of Costume
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    • v.61 no.3
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    • pp.97-110
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    • 2011
  • In this study, the characteristics of body type of Chinese-korean Women between 15 and 17 Years Old Living in China were reviewed by analysing factors and groups in order to provide basic data required to research body types. The following are study results. 1. The study examined average, standard deviation, the minimum value and the maximum value of the 72 items gained from measuring Chinese-korean women between 15~17 years old living in China, and found that 21 items showed more than 4.0 standard deviation among the entire measurements. 2. The current study conducted a factor analysis for the 72 items in order to extract and compare components of body types among Chinese-korean women between 15~17 years old living in China. As a result, 9 factors were extracted, and characteristic values were ranged from 1.15 to 24.71 while the accumulated contributory rate was 75.98%. 3. Chinese-korean women between 15 and 17 years old living in China were classified into three types. Among the 72 items, it was observed that there were differences among groups in 64 items including 15 height items, 10 width items, 16 circumference items, 5 thickness items, 17 length items and weight, excluding neck width, head thickness, shoulder angle, head height, face length, waist back length, scye depth and waist to kip length. 4. As a result of proportion comparison using body indexes of Korean women between 15 and 17 years old living in China and Korea, it was found that, in height item, when regarding the height as 100, Korean women between 15 and 17 years old living in China tended to have longer lower half of the body in relation to the height compared to the Korean.

Stratifying Patients with Haematuria into High or Low Risk Groups for Bladder Cancer: a Novel Clinical Scoring System

  • Tan, Guan Hee;Shah, Shamsul Azhar;Ann, Ho Sue;Hemdan, Siti Nurhafizah;Shen, Lim Chun;Abdul Galib, Nurudin Al-Fahmi;Singam, Praveen;Kong, Ho Chee Christopher;Hong, Goh Eng;Bahadzor, Badrulhisham;Zainuddin, Zulkifli Md
    • Asian Pacific Journal of Cancer Prevention
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    • v.14 no.11
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    • pp.6327-6330
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    • 2013
  • Haematuria is a common presentation of bladder cancer and requires a full urologic evaluation. This study aimed to develop a scoring system capable of stratifying patients with haematuria into high or low risk groups for having bladder cancer to help clinicians decide which patients need more urgent assessment. This cross-sectional study included all adult patients referred for haematuria and subsequently undergoing full urological evaluation in the years 2001 to 2011. Risk factors with strong association with bladder cancer in the study population were used to design the scoring system. Accuracy was determined by the area under the receiver operating characteristic (ROC) curve. A total of 325 patients with haematuria were included, out of which 70 (21.5%) were diagnosed to have bladder cancer. Significant risk factors associated with bladder cancer were male gender, a history of cigarette smoking and the presence of gross haematuria. A scoring system using 4 clinical parameters as variables was created. The scores ranged between 6 to 14, and a score of 10 and above indicated high risk for having bladder cancer. It was found to have good accuracy with an area under the ROC curve of 80.4%, while the sensitivity and specificity were 90.0% and 55.7%, respectively. The scoring system designed in this study has the potential to help clinicians stratify patients who present with haematuria into high or low r isk for having bladder cancer. This will enable high-risk patients to undergo urologic assessment earlier.