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.

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.

This study is made on assignment by the local board of forestry in Skåne, Blekinge and Halland. The change of the forest law 1994 brought a new type of management plan. A more active planning was introduced in order to equate the environment goal with the production goal. The purpose with this study is to give a better picture of how planning for nature conservation in production forest is made and to develop support for selection of silviculture methods for stands with combined goals. With combined goals means production forestry with a reinforced consideration to both nature and culture, called PF-classified stands. This was done by: ? Describing silviculture models from the literature that are possible to use for stands with combined goals. ? Describing silviculture models that is used in practice in stands with combined goals. ? Describing how the classification of stands with combined goals is used. Which means, were in the terrain, with which frequency and in which type of forest PF-classification is used. ? Comparing differences and similarities of theoretical and practical used models. The study was done partly as a literature study and partly as an interview study of forest planners.

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.

This is a survey of different techniques that may be used for embedding geographicdata into web pages. Different models of GIS communication are examined and a testsubject in the form of an application is implemented and evaluated.The test application (?StudentKarta? eng. ?Student Map?) lets students submit theirresidential data and shows their position as pins on an embedded Map.An expire date is used to let the pins fade away and disappear.The application uses the popular Google map engines to display the geographicalpresentations.

The literature on spelling and spelling development suggests there is a strong relationship between spelling and phonology (Bruck & Treiman, 1990; Caravolas, Hulme & Snowling, 2001; Craig, 2006; Gindri, Keske-Soares & Mota, 2007). Spelling, however, is considerably less researched than reading (Caravolas, Humle & Snowling, 2001). Spelling difficulties are known to be more persistent in people with reading and writing disabilities, even when their reading has become acceptable (Høien & Lundberg, 1999) but more research is needed in this area. Assessment and detailed knowledge of the difficulties is of great importance in order to provide the appropriate help for children with reading and writing disabilities (Frisk, 2010; Magnusson, Nauclér, & Reuterskiöld, 2008). The purpose of the present study was to develop and try out a phonologically based spelling test for children, with focus on medial phonemes.

This essay is intended for veterinary nurses and its purpose is to contribute to an increased knowledge about the ferret and there by a better nursing care at clinics. The essay discuss in briefness origin and earlier use of the ferret but also anatomy, physiology and reproduction. The senses of the ferret, as vision and hearing, are described in connection with behaviour. The part of the essay where nursing care is described bring up procedures as handling when collecting blood, medical techniques and how the clinic best should be suited for these animals. The main part of the essay is based on literature studies but it also contains a study visit at Blå Stjärnans animal hospital in Göteborg. 23.

IDCT (Inverse Discrete Cosine Transform) is a common algorithm being used with image and sound decompression. The algorithm is a Fourier related transform which can occur in many different types like, one-dimensional, two-dimensional, three-dimensional and many more.The goal with this thesis is to create a fast and low effect version of two-dimensional IDCT algorithm, where techniques as multiple-constant multiplication and subexpression sharing plus bit-serial and bit-parallel arithmetic are used.The result is a hardware implementation with power consumption at 19,56 mW..

The purpose of this paper is to show how practicing teachers work to prevent racism. Based on four interviews with teachers at low-, middle- and high schools, where these schools differ in numbers of immigrants and geographical location. Conclusion: None of the four teachers feel that racism is a problem at their school; however, they are confident that some racism is present at their school. The teaching techniques are comparable in all four schools which targets the students? values, confidence, attitudes and behavior by work how students should treat one and other..

In several scientific and technical educations today we meet mathematical studies in differential- and integral calculus. The classic mechanics is a foundation for the physics and it has made it possible for today's technical developments that we in our everyday life meet and make use of. The intention for this essay is to give a picture of the person behind this discoveries that changed the science and the world. Besides the purpose to bring the reader on a journey through Isaac Newton's life the main intention is to give an understanding of the way he discovered the binomial theorem, the differential- and integral calculus, the numerical methods Newton-Raphson's and Newton's interpolation-polynomial, Newtons identities and his classification of third-degree curves and elliptic curves. A derivation of Kepler's first law is also included..

In this thesis a number of energy saving methods for a multiplier on algorithmic level are investigated. For the investigation a multiplier is constructed in VHDL, after which the circuit's performance is investigated. A number of techniques for reduced power consumption are introduced in the circuit and are then evaluated. The conclusions are that all investigated methods, pipelining, interleaving and voltage scaling, should be maximally made use of in order to minimize the power consumption..

Ett företag med ett flertal leverantörer måste på sikt välja ut vilka leverantörer man önskar arbeta aktivt/passivt med. För att kunna göra detta krävs att man tar fram konkurrenskraftiga leverantörsstrategier som bygger på välgenomtänkta beslut. Dessa beslut måste ta hänsyn till inköpets totala risk för leverantör och komponent. Den totala risken är oftast väldigt specifik för varje företag och bygger på ett flertal olika parametrar. Författarna ger i denna uppsats förslag på tre parametrar som kan hjälpa företag att ta fram effektiva leverantörsstrategier.

The aim of this study is two folded. We wish to investigate if there is a value premium from hedging jet fuel exposure for American and European airlines. We also seek to answer if airlines can affect their probability to default by using Risk Management. During the period 2003 ? 2006 there existed a value premium for airlines that hedged their expected future consumption of jet fuel.

In my study I have chosen to examine the mathematics in children's free play and everyday situations, with focus on sorting and classification. The purpose of the study was to see how children express their mathematical knowledge. I have chosen to use a qualitative method in my examination, here I did observations in a children's group where the children were between three and six years old. I also did interviews with the teacher's on the department to see how they relate to the mathematics and how they formulate the department to achieve as good a learning environment as possible.The result shows that the teacher's approach is incredible important to the children's learning ability and that they are always present to challenge and discuss together with the children. The observation indicates that children use mathematics all the time in their everyday situations and that it is the interaction between individuals and environment that affects children's development. .

This thesis explores the possibilities of avoiding the issues generally associated with compression of noisy imagery, through the usage of vector quantization. By utilizing the learning aspects of vector quantization, image processing operations such as noise reduction could be implemented in a straightforward way. Several techniques are presented and evaluated. A direct comparison shows that for noisy imagery, vector quantization, in spite of it's simplicity, has clear advantages over MPEG-4 encoding..