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309 Uppsatser om Alpha estimation - Sida 4 av 21
En företagsstudie och dataanalys med syfte att förenkla produktionsstyrning
SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.
Prediktionsmodell för graviditet vid in vitro-fertilisering med ett frys-tinat embryo
SEB Merchant Banking provides to its institutional customers a true market neutral product called Dynamic Manager Alpha (DMA). The DMA is constructed by a long position in an exceptionally well performing mutual fund and a beta adjusted short position in an appropriate index. The key to making the product market neutral is adjusting with the correct beta, since the beta changes, it is very important to have a good model for predicting beta in the future.This master thesis begins with describing what beta is in a CAPM sense. It then continues with recognizing the so called ?Two Beta Trap?, which separates two kinds of beta.
Översättning av Intensive Care Experience Questionnaire
Bakgrund: Patienters upplevelser av intensivvård har i många studier undersökts från ett kvalitativt perspektiv. För att kunna skapa resultat som är generaliserbara behövs kvantitativa studier som utgår från validerade instrument.Syfte: Syftet är att översätta, validera och testa instrumentet Intensive Care Experience Questionnaire (ICEQ), vilket har för avsikt att undersöka patienters upplevelser av att vårdas på intensivvårdsavdelning.Metod: Instrumentet översattes till svenska i en process som inkluderade både expertgruppsbedömning och back-translation till engelska. Den svenska versionen av ICEQ (items=31) testades i en pilotstudie med patienter som vårdats på en intensivvårdsavdelning.Resultat: Deltagarna (n=14) hade en medianålder på 59 år och medelvårdtid på 2,0 dygn. Majoriteten var nöjda med vården, men många patienter som erhållit invasiv ventilatorbehandling hade skrämmande upplevelser. Genom en explorativ faktoranalys skapades fyra kategorier av frågor.
Optimering av Karaktärer mot Unity
Examensarbetet undersöker prestandakostnader och flaskhalsar för spelgrafik samt beskiver vanliga optimerings tekniker som tillämpas i industrin. Rapporten ger sig på uppgiften att visa exempel på prestandakostnad. Det framgår att dagens spelgrafik är för komplex och situationsberoende för att komma med annat än enkla abstraktioner man kan använda sig att göra en estimation på prestanda..
Utveckling av ett frågeformulär för delaktighet : En pilotstudie
Background: The need for structured practice has in recent years appeared in connection with the request for a more evidence-based nursing. In psychiatric care with its complex disabilities, it is important to have methods to identify these. Research has demonstrated the importance of patient participation in nursing that has been shown to affect their mental health. It is essential to get to know how patients with mental illness are capable of involvement in their life situation. The ICF emerged as a useful theoretical framework for development of questionnaires of patient participation.Aim: The aim of the present pilotstudy was to develop and test a questionnaire for participation, based on ICF.
Fr?n antikens algoritmer till dagens klassrum
This paper is a literature review that examines how good mental calculation skills benefit pupils,
which could work as a valuable learning tool for future teachers. The study addresses four key
questions: ?What are the advantages of proficient mental calculations??, ?What strategies exist
for mental calculation skills??, ?How can teachers accommodate their teaching to develop
pupils? mental calculation skills?? and ?What has arithmetic looked like in different eras and
what algorithms have been used??. Through literature searches in search engines, scientific
articles were found, which formed the basis for the result segment. This was divided into two
parts: A historical and a didactic overview.
Modellkalibrering och läckagelokalisering för
dricksvattennätet i Kalmar kommun med minsta kvadratmetoden
I Kalmar kommun finns en datormodell över hela kommunens vattenledningsnät. Detta examensarbete gick ut på att med datormodellen samt med tryck- och flödesmätningar ge svar på ledningarnas kondition vad gäller råhetstal och eventuella dimensionsminskningar, samt framförallt läckagepotentialen i ledningarna. Målet var att få en så pass välkalibrerad modell att en avvikelse i tryck mellan det uppmätta och det beräknade värdet kunde detektera en flödesförändring, vilket i sin tur kunde bero på ett läckage. Modellen ska kunna användas som ett direkt läckageanalysinstrument. Beräkningsmetodiken som använts är State Estimation, som baseras på minsta kvadratmetoden.
Rekursiv greyboxidentifiering av drivsystem i industrirobot.
In modern industrial robots the components in the transmission contain nonlinearities. These nonlinearities need to be to estimated either for better control or to use the parameters for diagnosis of the system. There is a lot of work done within system identification and mainly within the field of iterative parameter estimation.This thesis considers recursive grey-box identification for a nonlinear model of the transmission in an industrial robot. The nonlinearities that are identified are friction, spring stiffnes, hysteresis and backlash. These nonlinearities are a part of the models that are presented in this thesis.
Interpersonell problematik och arbetsallians i psykoterapi : Klientens upplevelse och förändring av interpersonell problematik och dess relation till arbetsallians i psykoterapi
The purpose of this study was to examine interpersonal problems and its relationship to the working alliance in psychotherapy. To examine this, data was used from Umeå and Lund University psychology practice client database, which clients responded to by using the self-assessment scales Inventory of Interpersonal Problems Circumplex Scales and the Working Alliance Inventory. The sample consisted of 201 participants that answered the questionnaires both before and after psychotherapy. A second sample consisted of 93 clients who specifically sought help for interpersonal problems. Results showed that the level of interpersonal problems before and after psychotherapy changes.
??Finns det ett samband mellan graden av periodiseringar och inflationsjusterade skattade framtida rörelseresultat? : - Empirisk studie av den europeiska aktiemarknaden.
In line with Sloan (1996) but on European data (STOXX 600) we are investigating whether stock prices reflect information about future earnings contained in the accrual and cash flow components. The extent to which current earnings performance persists into the future earnings performance is shown to depend on the relative magnitudes of the cash and accrual components of current earnings. Moreover, we still find a significant positive excess return (Jensen?s alpha and size-adjusted return) by replicating Sloans (1996) hedge portfolio by taking a long position in the stock of firms reporting relatively low levels of accruals and a short position in the stock of firms reporting relatively high levels of accruals. However, we find no evidence of negative excess returns for companies with relatively high accruals, this somewhat lower the total excess returns for all the portfolios.
Vendor due diligence : Advokatbyråns skadeståndsansvar gentemot köparen enligt tillitsprincipen
In line with Sloan (1996) but on European data (STOXX 600) we are investigating whether stock prices reflect information about future earnings contained in the accrual and cash flow components. The extent to which current earnings performance persists into the future earnings performance is shown to depend on the relative magnitudes of the cash and accrual components of current earnings. Moreover, we still find a significant positive excess return (Jensen?s alpha and size-adjusted return) by replicating Sloans (1996) hedge portfolio by taking a long position in the stock of firms reporting relatively low levels of accruals and a short position in the stock of firms reporting relatively high levels of accruals. However, we find no evidence of negative excess returns for companies with relatively high accruals, this somewhat lower the total excess returns for all the portfolios.
Karakterisering och klassificering av gotländska ytvatten enligt ramdirektivet för vatten
In this study the practical work with the EU Water Framework starts on the island of Gotland. 33 lakes and 32 streams have been characterized and classified regarding to their ecological status. The aim with the characterisation is to create a uniform discription of all waterbodies and a comparable estimation for the future. The aim with the classification is both to study the waterbodies ecological status and to gain knowledge of where the resources should be concentrated so that the ecological status in all waterbodies will be good in 2015.The characterisation has been done according to the EU Water Framework Directive, and the factors that have been applied are the mean depth and area of the lake. The length and size on the catchment area are the factors that have been used on streams.
En jämförelsestudie av AP-fonderna och bankernas Sverigefonder 2003-2010
Background: In 1999 the Swedish pension system was reformed with an aim to create a stable and high return on pension assets. First, Second, Third and Fourth general pension funds, hereby referred to as AP1-AP4, had an important part in the reform. AP1-AP4, also called the buffer funds, was assigned to secure long-term, big parts of the pension capital. The funds objective is by law, to manage the fund's assets in a manner that provides maximum benefit for the state pension. The funds will also invest pension assets with an overall low level of risk while achieving a sustainable high return.Aim: The purpose of this study is to investigate whether the First-Fourth AP-Funds is meeting its objectives regarding risk and return according to Swedish law.
Beräkningsmodell för massbalanser för Slottshagens reningsverk
In the next few years the pollutants loading at the Slottshagen wastewater treatment plant in Norrköping is going to increase due to the reason that one of the waste water treatment plant in the district will be shut down.A survey of how these different pollutants are divided in the treatment process is therefore necessary for mapping out both the loading and treatment efficiency.This can be achieved by studying mass balances.Mass balances were carried out for the water treatment process for the mechanical/chemical,biological and the chemical stage.The mass balance studies show that the treatment efficiency was very good. However in order for the mass balances to be quite consistent and to ensure complete coverage of results and conclusions i.e. more reliable results, sludge samples should be collected and taken at different times per day and the influent rate should be investigated.In this work mass balance has been set up in order to illustrate and identify the factors that should be considered and taken care of for further estimation using mass balances in the future. Furthermore this survey results in a calculating model for the mass balances at thisplant.This calculating model is used as a tool to facilitate future calculations for mass balances for the water treatment process at Slottshagens wastewater treatment plant.Moreover it provides a basis for carrying out further estimation of the treatment process in the near future.In this project the importance of some operating parameters was also taken in consideration.This calculating model can be modified so that calculations of such operating parameters i.e. sludge loading and sludge age can be easily performed.Such information can be used further to evaluate different operation alternative in order to ensure an optimal use of the treatment process with in the plant..
Den vinnande formeln: Om Stieg Larssons framgångskoncept i Män som hatar kvinnor
Examensarbetet undersöker prestandakostnader och flaskhalsar för spelgrafik samt beskiver vanliga optimerings tekniker som tillämpas i industrin. Rapporten ger sig på uppgiften att visa exempel på prestandakostnad. Det framgår att dagens spelgrafik är för komplex och situationsberoende för att komma med annat än enkla abstraktioner man kan använda sig att göra en estimation på prestanda..