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Multi Strategy Management System Financial Investment Case Study: Focused on E Securities Company Prop Trading (Multi Strategy 운용 체계 금융 투자 사례연구: E증권사 Prop Trading을 중심으로)

  • Lee, Joo Han;Park, Tae Hyun;Oh, Kyung Joo
    • Knowledge Management Research
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    • v.22 no.1
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    • pp.21-37
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    • 2021
  • The purpose of this study is to explore financial investment knowledge related to multi-strategy, which is not generally shared. Through case studies, we will share it with the domestic hedge fund market. Since the era of full-fledged private equity hedge funds in Korea opens, many funds are created; however, reality is that there is a lack of diversity in strategies. Initially, it started with a simple stock long/short strategy, and various strategies such as mezzanine and alternative investments are in use but funds using multi-strategy are limited. This study aims to present an empirical application plan for hedge fund management strategies using a case study. It will specifically focus on process of achieving Absolute Return using the Multi Strategy technique actively used in securities firms' Prop Trading. With the results of this study, we intend to contribute to those fund managers and desired researchers who are utilizing multiple strategies in the hedge fund management to pursue Absolute Return and to help them strengthening their financial knowledge and competitiveness.

Success rate of nitrous oxide-oxygen procedural sedation in dental patients: systematic review and meta-analysis

  • Rossit, Marco;Gil-Manich, Victor;Ribera-Uribe, Jose Manuel
    • Journal of Dental Anesthesia and Pain Medicine
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    • v.21 no.6
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    • pp.527-545
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    • 2021
  • The aim of this systematic review was to determine the success rate of nitrous oxide-oxygen procedural sedation (NOIS) in dentistry. A systematic digital search was conducted for publications or reports of randomized controlled trials evaluating the clinical performance of NOIS. Abstracts of research papers were screened for suitability, and full-text articles were obtained for those who met the inclusion and exclusion criteria accordingly. The quality of the studies was assessed using the revised Cochrane risk-of-bias tool (RoB 2). A total of 19 articles (eight randomized clinical trials with parallel intervention groups and 11 crossover trials), published between May 1988 and August 2019, were finally selected for this review. The studies followed 1293 patients reporting NOIS success rates, with a cumulative mean value of 94.9% (95% CI: 88.8-98.9%). Thirteen trials were conducted on pediatric populations (1098 patients), and the remaining six were conducted on adults (195 patients), with cumulative efficacy rates of 91.9% (95% CI: 82.5-98.1%) and 99.9% (95% CI: 97.7-100.0%), respectively. The difference was statistically significant (P = 0.002). Completion of treatment and Section IV of the Houpt scale were the most used efficacy criteria. Within the limitations of this systematic review, the present study provides important information on the efficacy rate of NOIS. However, further well-designed and well-documented clinical trials are required and there is a need to develop guidelines for standardization of criteria and definition of success in procedural sedation. Currently, completion of treatment is the most used parameter in clinical practice, though many others also do exist at the same time. To maximize NOIS efficacy, clinicians should strictly consider appropriate indications for the procedure.

Analysis of Determinants of Employment Quality of Youth in Seoul: Focused on Population Movement, Labor Market Trends, Job Duration and Wages (서울시 청년층의 고용의 질 결정요인 분석: 인구이동, 노동시장 동향, 일자리 지속기간 및 임금을 중심으로)

  • Hwang, Kwanghoon
    • Land and Housing Review
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    • v.13 no.1
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    • pp.39-54
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    • 2022
  • Using the 1st to 13th rounds of occupational history data of the Korea Employment Information Service's Youth Panel (YP2007), this study explores the trends and characteristics of the youth labor market in Seoul. We further empirically investigated the job duration and wage determinants of youth employed in Seoul. The results confirm that workers who have a higher income and a higher consistency with their majors are less likely to leave. In addition, we find that workers in full-time, householders, or labor unions have a higher income if they are men and work in large companies. In particular, compared to the reference group (appropriate academic background, appropriate skill), mismatches in the lack of education and skill showed a wage increase effect of 4.9% and 5.5%, respectively. For the major consistency, the wage of the matched major group is 3.8% higher than the non-matched major group.

Comparative Analysis of the Intake Volume, Perception Volume, and Satiety Rate of an Augmented Rice Bowl with an Elevated Bottom (바닥을 올린 밥그릇의 식품 섭취량, 인지 섭취량 및 포만도에 대한 비교 분석)

  • Jung, Eun-Jin;Kim, Dong Geon;Chang, Un-Jae
    • Journal of the Korean Dietetic Association
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    • v.28 no.1
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    • pp.19-29
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    • 2022
  • This study examined the impact of perceived volume on satiety using 400 g kimchi fried rice in a normal rice bowl (Normal-400), 300 g kimchi fried rice in an augmented rice bowl with an elevated bottom (Illusion-300 and 300 g kimchi fried rice in a normal rice bowl (Normal-300). Thirty-six healthy women took part in this study once a week for three weeks. The Normal-400 (1st week), Illusion-300 (2nd week), and Normal-300 (3rd week) bowls were used to served kimchi fried rice to the same participants over three consecutive weeks. After each lunch, the consumption volume of fried rice, perception volume, and satiety rate were measured. The consumption volume of the fried rice was 313.8 g with the Normal-400, 248.9 g with the Illusion-300 and 240.2 g with the Normal-300. The perceived volume on an estimated five-point scale was 4.0 with the Normal-400, 4.1 with the Illusion-300 and 2.4 with the Normal-300. We compared the post-meal satiety of perceptually equal but quantitatively different amounts of food served in two different bowls (Normal-400 vs Illusion-300) and found that the participants felt equally full with both bowls despite having consumed significantly more food from the Normal-400. We also compared the post-meal satiety of perceptually different but quantitatively equal amounts of food in two different bowls (Illusion-300 vs Normal-300) and discovered that the subjects felt significantly fuller with the Illusion-300 although similar amounts of food were consumed from the two bowls. These two comparisons showed that visual cues play a critical role in determining satiety and that perceived volume is perhaps more important than the actual volume of consumed food, while in determining the level of fullness.

A Study on Characteristic of Hybrid PCS for Solar Power Generation Considering on a Residential Lithium Battery ESS. (가정용 리튬배터리 ESS를 고려한 태양광 발전 하이브리드 PCS 특성에 관한 연구)

  • Hwang, Lark-Hoon;Na, Seung-kwon;Choi, Byung-Sang
    • Journal of Advanced Navigation Technology
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    • v.26 no.1
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    • pp.35-45
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    • 2022
  • In this paper, we modeled the devices used easily in PV system circuits. In addition, for full operation of the photovoltaic system, a complete operation system for the DC-DC buck-boost converter and the MPPT control system was modeled and simulated to confirm good operation. we were constructed an actual system with the same conditions in the simulation and experimented. The purpose is to confirm the stable power supply through the load leveling by presenting the PCS considering ESS of photovoltaic power generation. we will do study to apply hybrid capacitors that have high energy density to the same size compared to the EDLC to DVR. As a result, we proposed a single-phase 3 kW grid-connected solar power converter.

Application of TBM for Mining and Energy Resources Development (광물과 에너지자원 개발을 위한 TBM 활용사례)

  • Ko, Tae Young;Choi, Sung-Oong
    • Tunnel and Underground Space
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    • v.31 no.6
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    • pp.460-468
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    • 2021
  • A TBM is an equipment that excavates a tunnel with a full face by rotating a circular cutter head and its advantages are fast excavation rate and safe construction. A TBM, which is primarily used for tunnel excavation on civil construction sites, is easily adaptable to information and communication technology. Research related to unmanned and automated technology is being actively pursued. TBM applications for mining and energy resource development in other countries were investigated in this study. The difference of TBM applications between the mining and energy resource development and civil construction sites was examined. Technical factors such as geological conditions, depth, site access, TBM launching, alignment and inclination, TBM size, and others that should be considered when choosing a TBM were investigated. Finally, the advantages and disadvantages of TBM application in mines and the technical requirements for TBM for successful mine application are summarized.

Proposal of BIM Application Process to Improve BIM Applicability of Basic Design in Heavy Civil Projects (토목 분야 기본설계 단계 BIM 적용성 향상을 위한 BIM 적용 프로세스 제안)

  • Song, EunSol;Moon, SoYeong
    • Land and Housing Review
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    • v.13 no.3
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    • pp.115-123
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    • 2022
  • Recently, the adoption of BIM technology in domestic civil engineering projects has continually increased both in its numbers and scope. However, the BIM model was developed and used after the 2D design was developed instead of creating the BIM model from the conceptual design phase. BIM must be used throughout every phase of design and construction to use BIM for its original purpose. However, if BIM application is applied in heavy civil projects without a step-by-step guideline, it can confuse the market and face industry resistance to using BIM. Therefore, BIM is currently being used step by step in the civil engineering field by using BIM as a conversion design. However, the BIM conversion design method, currently being performed in the Preliminary design stage, has many difficulties due to low work efficiency. This paper analyzes the existing process of converting a 2D design into a 3D BIM model while addressing the issues related to its low work efficiency. To this end, a novel approach to 2D to BIM conversion for the design development stage is proposed.

Full mouth rehabilitation of a worn dentition using digital guided tooth preparation: a case report (과도한 구치부 마모를 보이는 환자에서 digital guided tooth preparation을 이용한 완전 구강 회복 증례)

  • Kim, Yong-Kyu;Yeo, In-Sung Luke;Yoon, Hyung-In;Lee, Jae-Hyun;Han, Jung-Suk
    • The Journal of Korean Academy of Prosthodontics
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    • v.60 no.1
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    • pp.80-90
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    • 2022
  • With the development of digital dentistry, it is being applied in various ways of dental treatment. This case report presents the definitive prosthesis designed in advance with a re-established vertical dimension and the digital technology, which determined the amount of tooth preparation, in order to preserve as much tooth structure as possible in a patient with pathological wear of the posterior teeth and loss of vertical dimension. For accurate tooth preparation, the guides of the occlusal and axial surfaces were digitally and additively manufactured. Then, aesthetics and anterior guidance were established at the provisional stage. The information of the provisional restoration was delivered to the definitive stage by double scanning. The digital technology, including the virtual planning and the guided tooth removal, produced the definitive restorations satisfactory to both the patient and clinician.

Analytical-numerical formula for estimating the characteristics of a cylindrical NaI(Tl) gamma-ray detector with a side-through hole

  • Thabet, Abouzeid A.;Badawi, Mohamed S.
    • Nuclear Engineering and Technology
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    • v.54 no.10
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    • pp.3795-3802
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    • 2022
  • NaI(Tl) scintillation materials are considered to be one of many materials that are used exclusively for γ-ray detection and spectroscopy. The gamma-ray spectrometer is not an easy-to-use device, and the accuracy of the numerical values must be carefully checked based on the rules of the calibration technique. Therefore, accurate information about the detection system and its effectiveness is of greater importance. The purpose of this study is to estimate, using an analytical-numerical formula (ANF), the purely geometric solid angle, geometric efficiency, and total efficiency of a cylindrical NaI(Tl) γ-ray detector with a side-through hole. This type of detector is ideal for scanning fuel rods and pipelines, as well as for performing radio-immunoassays. The study included the calculation of the complex solid angle, in combination with the use of various points like gamma sources, located axially and non-axially inside the through detector side hole, which can be applied in a hypothetical method for calibrating the facility. An extended γ-ray energy range, the detector, source dimensions, "source-to-detector" geometry inside the side-through hole, path lengths of γ-quanta photons crossing the facility, besides the photon average path length inside the detector medium itself, were studied and considered. This study is very important for an expanded future article where the radioactive point source can be replaced by a volume source located inside the side-trough hole of the detector, or by a radioactive pipeline passing through the well. The results provide a good and useful approach to a new generation of detectors that can be used for low-level radiation that needs to be measured efficiently.

The Mediating Effects of Positive Psychological Capital on the Relationship between Small Business Enterpreneur's Learning Goal Orientation and Work Engagement (소상공인의 학습목표지향성과 업무열의 관계에서 긍정심리자본의 매개효과)

  • Lee, Hyung Woo;Kim, Man Soo;Kim, Jung Won
    • Journal of Convergence for Information Technology
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    • v.11 no.8
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    • pp.151-159
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    • 2021
  • The purpose of this study was to examine the mediating effects of Positive Psychological Capital on the relationship between Small Business Enterpreneur's Learning Goal Orientation and Work Engagement. In order to achieve the purpose of research, the survey results of 300 small business Enterpreneurs who participated in the K-BIZ's Small Business Enterpreneurs Support Program were used for analysis. The collected data were analyzed using frequency analysis, reliability analysis, confirmatory factor analysis, descriptive statistical analysis, correlation analysis and structural equation model. The results of this study were as follows: First, learning goal orientation of small business enterpreneurs had positive effect on positive psychological capital. Second, positive psychological capital of small business enterpreneurs had positive effect on work engagement. Third, positive psychological capital of small business enterpreneurs had full mediating effect on the relationship between learning goal orientation and work engagement. Based upon these results, several suggestions were suggested to promote small business enterpreneurs' learning goal orientation, work engagement, and positive psychological capital.