• Title/Summary/Keyword: Target Rate

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Optimization of Investment Decision Making by Using Analysts' Target Prices (애널리스트 목표가를 활용한 최적 투자의사결정 방안에 관한 연구)

  • Cho, Su-Ji;Kim, Heung-Kyu;Lee, Ki-Kwang
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.4
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    • pp.229-235
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    • 2020
  • Investors aim to maximize the return rate for their own investment, utilizing various information as possible as they can access. However those investors, especially individual investors, have limitations of interpretation of the domain-specific information or even the acquisition of the information itself. Thus, individual investors tend to make decision affectively and frequently, which may cause a loss in returns. This study aims to analyze analysts' target price and to suggest the strategy that could maximize individual's return rate. Most previous literature revealed that the optimistic bias exists in the analysts' target price and it is also confirmed in this study. In this context, this study suggests the upper limit of target rate of returns and the optimal value named 'alpha(α)' which performs the adjustment of proposed target rate to maximize excess earning returns eventually. To achieve this goal, this study developed an optimization problem using linear programming. Specifically, when the analysts' proposed target rate exceeds 30%, it could be adjusted to the extent of 59% of its own target rate. As apply this strategy, the investors could achieve 1.2% of excess earning rate on average. The result of this study has significance in that the individual investors could utilize analysts' target price practically.

A Fair Bandwidth Distribution Mechanism for the AF Service in a Diffserv Network (차등서비스 네트워크의 AF 서비스를 위한 공정한 대역분배 기법)

  • Mo, Sang-Dok;Chung, Kwang-Sue
    • Journal of KIISE:Information Networking
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    • v.32 no.6
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    • pp.732-744
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    • 2005
  • Previous works for the AE(Assured Forwarding) service in the Diffserv network have no sufficient consideration on the fairness of bandwidth share based on the target rate and the effect or RTT and UDP. Also Previous works act like Best-effort service in the UPN(under-Provisioned Network) condition. In this paper, in order to solve these problems, we propose the PFDSA(Proportionally Fair Differentiated Service Architecture) composed of tmTRA3CM(tcp-microflow based Target rate and an Aware Three color Marking), um3CM(udp-microflow based Three color Marker), TRBD(Target Rate Based Dropper), and target rate adjusting function. In the results of comparing the performance among existing mechanisms and the PFDSA, the PFDSA was able to mitigate the RTT and UDP effect better than the former. The PFDSA was shown to provide good performance for transmission rates proportional to various target rates in the UPN condition.

Efficient Target Bit Allocation Scheme in a Rate-Distortion Sense

  • Lee, W.Y.;Ra, J.B.
    • Proceedings of the Korean Society of Broadcast Engineers Conference
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    • 1997.06a
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    • pp.31-36
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    • 1997
  • Bit allocation is a critical problem in video encoding such as MPEG. To improve the quality of the reconstructed sequence for a given bit rate, the assigned target bits for a group of pictures (GOP) must be allocated to each picture efficiently. In this paper, we derive a target bit allocation algorithm for more efficient rate control, by assuming that the average rate-distortion curve for an input source is logarithmic. This target bit allocation is based on Shannon's rate-distortion theory, which deals with the minimization of source distortion subject to a channel rate constraint. Simulation results show that the proposed target bit allocation algorithm provides better performance than the one in MPEG-2 Test Model 5 (TM5).

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A Mechanism to Improve the Fairness of the AF Service in Diffserv Network (차등 서비스 네트워크에서 AF 서비스의 공평성 향상 기법)

  • 모상덕;정광수
    • Journal of KIISE:Information Networking
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    • v.31 no.5
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    • pp.469-481
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    • 2004
  • Previous works for the AF(Assured Forwarding) service in the Diffserv network have no sufficient consideration on the fairness of bandwidth share based on RTTs, the target rates, and the impact of UDP against TCP. In this paper, in order to solve these problems, we propose a FDSA(Fair Differentiated Service Architecture) composed of TRA3CM(Target rate and RTT Aware 3 Color Marking) and TRBD(Target Rate Based Dropping) mechanisms. The TRA3CM and TRBD mechanisms provide three color marking and fair transmission rates among aggregate flows by considering RTT, target rate, and UDP flows simultaneously. In the results of comparing the performance among existing mechanisms and the TRA3CM-TRBD, the TRA3CM-TRBD mechanism was able to mitigate the RTT and UDP effect better than the former. The TRA3CM-TRBD is shown to provide good performance for transmission rates proportional to various target rates.

Reliable Measurement Selection for The Small Target Detection and Tracking in The IR Scanning Images (적외선 주사 영상에서 소형 표적의 탐지 및 추적을 위한 신뢰성 있는 측정치 선택 기법)

  • Yang, Yu-Kyung;Kim, Sung-Ho
    • Journal of the Korea Institute of Military Science and Technology
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    • v.11 no.1
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    • pp.75-84
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    • 2008
  • A new automatic small target detection and tracking algorithm for the real-time IR surveillance system is presented. The automatic target detection and tracking algorithm of the real-time systems, requires low complexity and robust tracking performance in the cluttered environment. Linear-array and parallel-scan IR systems usually suffer from severe scan noise caused by the detector non-uniformity. After the spatial filtering and thresholding, this scan noise still remains as high amplitude clutter which degrades the target detection rate and tracking performance. In this paper, we propose a new feature which consists of area and validity information of a measurement. By adopting this feature to the measurements selection and track confirmation, we can increase the target detection rate and reduce both the track loss rate and false track rate. From the experimental results, we can validate the feasibility of the proposed method in the noisy IR images.

A Study on Recalculation of the Long-Term Recycling Rate of New EPR Target Items (EPR 신규 대상품목의 장기 재활용목표율 재산정에 관한 연구)

  • Lee, Hee-Nahm;Choi, Yoon-Jeong
    • Journal of the Korea Safety Management & Science
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    • v.13 no.4
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    • pp.193-199
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    • 2011
  • In the past annual recycling obligation rate calculation of Extended Producer Responsibility (EPR) system, it was difficult to operate the system efficiently, because responsible producers passively participated in the scheme only bent on achieving annual obligation without long-term plan. Thus, a new scheme of long-term recycling obligation rate began to be established every five year from 2008 in order to give the basis for the notice of annual specific operation standard and recycling obligation, thereby helping responsible producers to make a preparation with a plan and giving expectation of active operation of the scheme. However, in the operation of long-term recycling target program, while the development of prediction models and the evaluation for existing items has been conducted in various ways, applications for a new target items and the evaluation are quite insufficient. Therefore, in this study, problems in implementing long-term recycling goal of new target items will be examined, and more objective and rational long-term recycling rate calculation and the operation standard will be proposed. Thus, the long-term recycling target will play a role as a pacemaker to steadily improve the recycling performance of target items, and responsible producers will be expected to increase the achievement with the realistic capacity.

A Three-Color Marking Mechanism for Fairness Improvement in the Assured Service of the Diffserv Network (차등 서비스 네트워크의 확신 서비스에서 공평성 향상을 위한 3색 마킹 메커니즘)

  • 모상덕;정광수
    • Journal of KIISE:Information Networking
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    • v.30 no.6
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    • pp.764-775
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    • 2003
  • Previous works for the assured service in the Diffserv network have no sufficient consideration on the fairness of bandwidth share based on RTTs and the target rates of TCP flows. In this paper, in order to solve these problems, we propose a TRA3CM(Target rate and RTT Aware 3 Color Marking) mechanism. The TRA3CM mechanism provides three color marking and fair transmission rates among aggregate flows by considering RTT and target rate simultaneously. In case of higher target rate than bottleneck bandwidth, the TRA3CM mechanism is able to mitigate the RTT effect and provides fair transmission rates. In the results of comparing the performance among existing mechanisms and the TRA3CM, the TRA3CM mechanism was able to mitigate the RTT effect better than the former. The TRA3CM is shown to provide good performance for transmission rates proportional to various target rates.

A Study on the Spatial Variation of Target Water Quality and Excess Rate at 41 Stations in Nakdong River Basin after the Total Maximum Daily Loads (수질오염총량제 시행 이후 낙동강수계 41개 지점의 BOD와 T-P의 목표수질과 초과율의 공간변화 분석)

  • Cho, Hyun kyung;Kwak, Eun Tae;Kim, Sang Min
    • Journal of The Korean Society of Agricultural Engineers
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    • v.62 no.6
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    • pp.97-109
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    • 2020
  • The objective of this study was to assess spatial variation of the target water quality criteria and excess rate in Nakdong river basin after the Total Maximum Daily Loads (TMDLs). For this, 41 total water quality monitoring stations were selected BOD and T-P data were collected from 2003 to 2019. The annual average water quality of BOD and T-P were calculated and compared with the target water quality for each stations by peroid. As a result of analyzing the BOD, Kumho A, Nakbon F, Namgang D, Miryang B, Wicheon B and Hoecheon A exceeded the target water quality criteria for two consecutive times. For T-P, Nakbon N, Naeseung B, Miryang A, Hwanggang A and Hoecheon A exceeded the target water quality criteria twice in a row. In the case of T-P, the target water quality excess rate was relatively low after the TMDLs implementation compared to before the TMDLs implementation. However, in the case of BOD, there was no difference in the target water quality excess rate before and after TMDLs. As a result, the overall annual average water quality shows a decreasing trend, but it is necessary to manage the water quality for the Nakdong river basin that exceed the target water quality.

Design of Linear Recursive Target State Estimator for Collision Avoidance System (차량 충돌 방지 시스템을 위한 선형 순환 표적 추정기 설계)

  • Han, Seul-Ki;Ra, Won-Sang;Whang, Ick-Ho;Park, Jin-Bae
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.1740-1741
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    • 2011
  • This paper proposes a new linear recursive target state estimator for automotive collision warning system. The target motion is modeled in Cartesian coordinate system while the radar measurements such as range, line-of-sight angle and range rate are obtained in polar coordinate system. To solve the problem by nonlinear relation between these two coordinate system, a practical linear filter design scheme employing the predicted line-of-sight Cartesian coordinate system (PLCCS) is proposed. Especially, PLCCS can effectively incorporate range rate measurements into target tracking system. It is known that the utilization of range rate measurements enables the improvement of target tracking performance. Moreover, PLCCS based target tracking system is implemented by linear recursive filter structure and hence is more suitable scheme for the development of reliable collision warning system. The performance of the proposed method is demonstrated by computer simulations.

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Sliding Mode Control with Target Variation Rate of Lyapunov Function for Seismic-Excited Structures (Lyapunov함수의 목표 변화율을 이용한 가진된 건물의 슬라이딩 모드 제어)

  • 이상현
    • Proceedings of the Earthquake Engineering Society of Korea Conference
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    • 2001.04a
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    • pp.163-171
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    • 2001
  • This paper presents sliding mode control(SMC) method using target variation rate of Lypunov Function. SMC keeps the response of structure in sliding surface where structure is stable. It can design both linear controller and bang-bang controller. Linear control of previous research, however, can not make most of the performance of controller, because it is designed to satisfy the condition that the variation rate of Lyapunov function is minus. Also, incase of bang-bang controller, unnecessary large control force is generated. Presented method can utilize the capacity of controller efficiently by prescribing the target variation rate of Lyapunov function. Numerical simulation results indicate that the presented control methods can reduce the peak response larger than linear control, and it has control performance equivalent to bang-bang control.

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