• Title/Summary/Keyword: VA

Search Result 1,245, Processing Time 0.027 seconds

Performance Analysis of Volatility Models for Estimating Portfolio Value at Risk (포트폴리오 VaR 측정을 위한 변동성 모형의 성과분석)

  • Yeo, Sung Chil;Li, Zhaojing
    • The Korean Journal of Applied Statistics
    • /
    • v.28 no.3
    • /
    • pp.541-559
    • /
    • 2015
  • VaR is now widely used as an important tool to evaluate and manage financial risks. In particular, it is important to select an appropriate volatility model for the rate of return of financial assets. In this study, both univariate and multivariate models are considered to evaluate VaR of the portfolio composed of KOSPI, Hang-Seng, Nikkei indexes, and their performances are compared through back testing techniques. Overall, multivariate models are shown to be more appropriate than univariate models to estimate the portfolio VaR, in particular DCC and ADCC models are shown to be more superior than others.

The Presenting Visual acuity and Satisfaction of Visual Acuity Tests on Health Checkups in Korean Adults (건강검진으로 본 한국 성인의 시력 실태 및 시력검사 만족도)

  • Yu, Dong-Sik;Moon, Byeong-Yeon
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.11 no.2
    • /
    • pp.741-749
    • /
    • 2010
  • The aim of this study was to survey the presenting visual acuity (VA) and satisfaction of VA tests in health checkups and to suggest ways in which eye care can be improved. VA data were obtained from the results of the health checkups for Korean adults in 2002-2007. Satisfaction questionnaires were administered via direct interview with 173 participants who had health checkups. The prevalence of VA 0.5-1.4 was 76.24%. Women had a higher prevalence than men below VA 0.9 and men had a higher prevalence than women above VA 1.0. The change in VA with age had a tendency to decrease after forties. Findings for satisfaction of VA tests on health checkups showed a level of neutral agreement. In order to enhance satisfaction, it is important that vision testing should provide examinees with referral criterion and follow-up VA results. It is also necessary to have comprehensive eye examination and utilize optometric instruments and professional examiners.

An Efficient Multi-Dimensional Index Structure for Large Data Set (대용량 데이터를 위한 효율적인 다차원 색인구조)

  • Lee, ByoungYup;Yoo, Jae-Soo
    • Journal of the Korean Association of Geographic Information Studies
    • /
    • v.5 no.2
    • /
    • pp.54-68
    • /
    • 2002
  • In this paper, We propose a multi-dimensional index structure, called a VA (vector approximate) -tree that constructs a tree with vector approximates of multi-dimensional feature vectors. To save storage space for index structures, the VA-tree employs vector approximation concepts of VA-file that presents feature vectors with much smaller number of bits than original value. Since the VA-tree is a tree structure, it does not suffer from performance degradation owing to the increase of data. Also, even though the VA-tree is MBR Minimum Bounding Region) based tree structure like a R-tree, its split algorithm never allows overlap between MBRs. We show through various experiments that our proposed VA-tree is the efficient index structure for large amount of multi-dimensional data.

  • PDF

Improving the drought tolerance in rice (Oryza sativa L.) by exogenous application of vanillic acid and p-hydroxybenzoic acid

  • Nguyen, Thanh Quan;Do, Tan Khang;Nguyen, Van Quan;Truong, Ngoc Minh;Tran, Dang Xuan
    • Proceedings of the Korean Society of Crop Science Conference
    • /
    • 2017.06a
    • /
    • pp.38-38
    • /
    • 2017
  • Water stress obstructs rice growth mainly by oxidative damage in biological cells to cause a reduction of leaf photosynthesis and evapotranspiration processes. In this study, exogenous application of vanillic acid (VA) and p-hydroxybenzoic acid (PHBA) to improve drought tolerance of two Oryza sativa cultivars, Q2 and Q8 was tested. The drought evaluation based on leaf phenotypes to show that both Q2 and Q8 resulted in remarkable water-stress tolerance induced by leaf spraying pretreatment of mixed solution of $50{\mu}M\;VA+50{\mu}M\;PHBA$. The mixtures of $25{\mu}M\;VA+25{\mu}M\;PHBA$ and $50{\mu}M\;VA+50{\mu}M\;PHBA$ treated on Q2 and Q8 in water deficit condition also indicated that total phenols, total flavonoids, and DPPH radical scavenging activity were significantly greater their controls. In general, the accumulation of individual phenolic acids was increased in exogenous phenolic treatments, as compared with controls. Particularly, Q2 obtained a considerable amount of endogenous PHBA after application of $50{\mu}M\;VA$, $25{\mu}M\;VA+25{\mu}M\;PHBA$, and $50{\mu}M\;VA+50{\mu}M\;PHBA$ (0.18 mg/g DW, 0.71 mg/g DW, and 1.41 mg/g DW, respectively); and a negligible content of VA (0.003 mg/g DW) appeared uniquely in the treatment of $50{\mu}M\;VA$. Similarly, Q8 also absorbed a significant quantity of PHBA in $50{\mu}M\;PHBA$, $25{\mu}M\;VA+25{\mu}M\;PHBA$, and $50{\mu}M\;VA+50{\mu}M\;PHBA$ treatments (0.15 mg/g DW, 0.15 mg/g DW, and 0.22 mg/g DW, respectively). In addition, the spraying $50{\mu}M\;PHBA$ and $25{\mu}M\;VA+25{\mu}M\;PHBA$ on Q8 leaves induced similar amount of drought tolerance of Q2 and Q8 were improved, paralleled with the increased amounts of endogenous phenolics revealed that VA and PHBA played an important role to enhance drought tolerance in rice.

  • PDF

The Mean-VaR Framework and the Optimal Portfolio Choice (평균-VaR 기준과 최적 포트폴리오 선택)

  • Ku, Bon-Il;Eom, Young-Ho;Choo, Youn-Wook
    • The Korean Journal of Financial Management
    • /
    • v.26 no.1
    • /
    • pp.165-188
    • /
    • 2009
  • This paper has suggested the methodology for the frontier portfolios and the optimal portfolio under the mean-VaR framework, not assuming the normal distribution and considering the investor's preferences for the higher moments of return distributions. It suggested the grid and rank approach which did not need an assumption about return distributions to find the frontier portfolios. And the optimal portfolio was selected using the utility function that considered the 3rd and the 4th moments. For the application of the methodology, weekly returns of the developed countries index, the emerging market index and the KOSPI index were used. After the frontier portfolios of the mean-variance framework and the mean-VaR framework were selected, the optimal portfolios of each framework were compared. This application compared not only the difference of the standard deviation but also the difference of the utility level and the certainty equivalent expressed by weekly expected returns. In order to verify statistical significances about the differences between the mean-VaR and the mean-variance, this paper presented the statistics which were obtained by the historical simulation method using the bootstrapping. The results showed that an investor under the mean-VaR framework had a tendency to select the optimal portfolio which has bigger standard deviation, comparing to an investor under the mean-variance framework. In addition, the more risk averse an investor is, the bigger utility level and certainty equivalent he achieves under the mean-VaR framework. However, the difference between the two frameworks were not significant in statistical as well as economic criterion.

  • PDF

Design of a transflective-type LCD using twisted vertical aligned mode (Twisted VA 모드를 이용한 반투과형 LCD의 설계)

  • 백봉진;도희욱;이서헌;윤태훈;김재창
    • Korean Journal of Optics and Photonics
    • /
    • v.14 no.5
    • /
    • pp.565-569
    • /
    • 2003
  • We designed a transflective-type LCD using a twisted VA mode. Generally, a VA mode had a blue shift due to intrinsic properties. We solved this problem using spectroscopic compensation film. We used the front scattering film and negative C-plate to improve characteristics of the viewing angle and contrast ratio. As a result, we found that proposed the transflective-type TVA mode had a contrast ratio of about 80:1, a response time of 22 ms, and a reflectance of 25% in comparison with the standard MgO reflector.

A Basic Study on the Self-Corrosion Inhibition Function Identification of VA/E/MMA-Modified Mortar with Nitrite-Type Hydrocalumite (칼루마이트 및 VA/E/MMA 분말수지 병용 PMM의 자기방청기능 규명을 위한 기초적 연구)

  • Hong, Sun-Hee;Kim, Wan-Ki
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2011.11a
    • /
    • pp.253-254
    • /
    • 2011
  • The purpose of this study is to investigate chloride ion adsoption property of cement mortar using nitrite type hydrocalumite(calumite) with self-corrosion inhibition function. Superior corrosion inhibition function of the VA/E/MMA-modified mortars with calumite was ascertained from accelerated corrosion test in the previous study. In this study, VA/E/MMA-modified mortars with calumite were prepared with calumite contents of 0, 5, 10% and polymer-binder ratio of 0, 10%, and tested for chloride ion adsorption to make it clear how calumite gives self-corrosion inhibition function to cement mortar. As a result, chloride ion adsorption property of VA/E/MMA-modified mortars with calumite was improved by increasing calumite contents compared to unmodified mortar regardless of using VA/E/MMA terpolymer powder or not.

  • PDF

A Study on the Lateral Field Effect of VA-LCDs (VA-LCD의 측면전장효과에 관한 연구)

  • Lim, Cheol-Jae
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
    • /
    • v.21 no.3
    • /
    • pp.260-264
    • /
    • 2008
  • We analyzed the lowering of transmittance due to lateral field effect in the edge of pixel. We studied the method to solve the problem of VA-LCD. It occurred director distortion and transmittance lowering by strong lateral field in the edge of pixel. For analyzing the director distortion and improving the transmittance lowering, we applied the edge pattern to PVA-LCD of cross pattern. As a results, transmittance in the new VA modes were higher than that of conventional VA modes.

Wide Viewing Angle Characteristics Using Novel Vertical-Alignment 1/6$\pi$ Cell Mode (새로운 VA-1/6$\pi$셀 모드를 이용한 광시야각 특성)

  • 황정연;서대식;한은주;김재형
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
    • /
    • v.13 no.10
    • /
    • pp.883-886
    • /
    • 2000
  • We have developed a novel vertical-alignment(VA) - 1/6$\pi$ mode that provides a wide viewing angle for nematic liquid crystal (NLC) with negative dielectric anisotropy on a homeotropic polyimide (PI) surfaces. Good voltage-transmittance curves were achieved with the new VA - 1/6$\pi$ cell model without a negative compensation film. The viewing angle of a new VA -1/6$\pi$ cell without a negative compensation film was wider than that of a conventional VA cell. Finally, the wide viewing angle using the new VA-1/6$\pi$ cell mode can be achieved.

  • PDF

Extracranial Carotid-Vertebral Artery Bypass Technique and Surgical Outcomes

  • Lee, Jung Koo;Park, Ik Seong
    • Journal of Korean Neurosurgical Society
    • /
    • v.65 no.4
    • /
    • pp.603-608
    • /
    • 2022
  • Vertebral artery (VA) occlusion is frequently encountered, usually without acute ischemic injury of the brain. However, when it is accompanied by hypoplasia or stenosis of the opposite VA, brain ischemia may develop due to insufficient collateral supply. Both hemodynamic instability and embolic infarction can occur in VA occlusion, which may cause severe symptoms in a patient. Extracranial carotid-VA bypass should be considered for symptomatic VA occlusion patients, especially when the patient has repeated ischemic brain injuries. In this report, the cases of three extracranial carotid-VA bypass patients are introduced, along with a brief description of the surgical techniques. All three cases were treated with different bypass methods according to their disease location.