Search results for "Skew"
showing 10 items of 79 documents
Relatively Orthocomplemented Skew Nearlattices in Rickart Rings
2015
AbstractA class of (right) Rickart rings, called strong, is isolated. In particular, every Rickart *-ring is strong. It is shown in the paper that every strong Rickart ring R admits a binary operation which turns R into a right normal band having an upper bound property with respect to its natural order ≤; such bands are known as right normal skew nearlattices. The poset (R, ≤) is relatively orthocomplemented; in particular, every initial segment in it is orthomodular.The order ≤ is actually a version of the so called right-star order. The one-sided star orders are well-investigated for matrices and recently have been generalized to bounded linear Hilbert space operators and to abstract Ric…
Portfolio performance evaluation with generalized Sharpe ratios: Beyond the mean and variance
2009
The main purpose of this paper is to present a theoretically sound portfolio performance measure that takes into account higher moments of the distribution of returns. First, we perform a study of the investor's preferences to higher moments of distribution within expected utility theory and discuss the performance measurement. To illustrate the investor's preferences to higher moments and the computation of a performance measure, we provide an approximation analysis of the optimal capital allocation problem and derive a formula for the Sharpe ratio adjusted for skewness of distribution. This performance measure justifies the notion of the Generalized Sharpe Ratio (GSR) introduced by Hodges…
On the risk premium in Nordic electricity futures prices
2011
Abstract This paper examines empirically the relationship between electricity spot and futures prices, by analysing a decade of data for a set of short term-to-maturity futures contracts traded in the Nordic Power Exchange. It is found that, on average, there are significant positive risk premiums in short-term electricity futures prices. The significance and size of the premiums, however, varies seasonally over the year; whereas it is greatest during winter, it is zero in summer. It is also found that time-varying risk premiums are significantly related to unexpectedly low reservoir levels. Furthermore, before the unprecedented supply-shock that hit the market around the end of year 2002, …
A Method for Reduction of Cogging Torque in PM Machines Using Stepped Magnets
2006
The paper presents a general approach to minimization of the cogging torque in electrical machines using surface-mounted magnets with discrete skew angle. Two types of pole shapes, namely monotonic skewing as well as herringbone-shaped magnets are proposed for the purpose of reducing the cogging torque. The elaborated algorithm is validated against the 3D finite element model as well as experimental data obtained from physical model of the motor. The presented cost-effective method leads to a great reduction of cogging torque with only slight decrease of overall electromagnetic torque.
Flood Frequency Analysis for Sicily, Italy
2006
In this paper a regional flood frequency analysis based on the two-component extreme value TCEV distribution is developed using flood data recorded in Sicily. The hierarchical approach, characterized by three investigation levels for estimating the parameters of the theoretical distribution, is discussed first. The highest level of homogeneity hypothesis with regard to the skewness coefficient was verified by using a Monte Carlo technique and taking account of the separation effect proposed by Matalas et al. in 1975. This analysis also showed 1 the inability of the generalized extreme value model to reproduce the empirical cumulative distribution function CDF of the skewness coefficients, a…
Using skeleton and Hough transform variant to correct skew in historical documents
2020
International audience; As a main part of several document analysis systems, Skew estimation represents one of the major research challenges, particularly in case of historical documents exploration. In this paper, we propose an original skew angle detection and correction technique. Morphological Skeleton is introduced to considerably diminish the amount of data by eliminating the redundant pixels and preserving only the central curves of the image components. Next, the proposed method uses Progressive Probabilistic Hough Transform (PPHT) to find image lines. At the end, a specific procedure is applied in order to measure the global skew angle of the document image from these identified li…
PORCNmutations in focal dermal hypoplasia: coping with lethality
2009
The X-linked dominant trait focal dermal hypoplasia (FDH, Goltz syndrome) is a developmental defect with focal distribution of affected tissues due to a block of Wnt signal transmission from cells carrying a detrimental PORCN mutation on an active X-chromosome. Molecular characterization of 24 unrelated patients from different ethnic backgrounds revealed 23 different mutations of the PORCN gene in Xp11.23. Three were microdeletions eliminating PORCN and encompassing neighboring genes such as EBP, the gene associated with Conradi-Hunermann-Happle syndrome (CDPX2). 12/24 patients carried nonsense mutations resulting in loss of function. In one case a canonical splice acceptor site was mutated…
Modelling the occurrence of rainy days under a typical Mediterranean climate
2014
The statistical inference of the alternation of wet and dry periods in daily rainfall records can be achieved through the modelling of inter-arrival time-series, IT, defined as the succession of times elapsed from a rainy day and the one immediately preceding it. In this paper, under the hypothesis that ITs are independent and identically distributed random variables, a modelling framework based on a generalisation of the commonly adopted Bernoulli process is introduced. Within this framework, the capability of three discrete distributions, belonging to the Hurwitz–Lerch-Zeta family, to reproduce the main statistical features of IT time-series was tested. These distributions namely Lerch-se…
Skewness in financial returns
1999
Abstract In this paper the symmetry of daily returns is addressed in eight international stock markets and three spot exchange rates. Tests of symmetry with the sample skewness seem of little value, due to the non-normality of the returns. Under alternative non-normal distributions, the symmetry of the returns cannot be rejected for most markets. Distribution-free procedures do not detect strong asymmetries in most of the series either; however, some differences between returns below the mean and returns over the mean are observed in several markets
Quantitative analysis of crystal/grain sizes and their distributions in 2D and 3D
2011
Abstract We review methods to estimate the average crystal (grain) size and the crystal (grain) size distribution in solid rocks. Average grain sizes often provide the base for stress estimates or rheological calculations requiring the quantification of grain sizes in a rock’s microstructure. The primary data for grain size data are either 1D (i.e. line intercept methods), 2D (area analysis) or 3D (e.g., computed tomography, serial sectioning). These data have been used for different data treatments over the years, whereas several studies assume a certain probability function (e.g., logarithm, square root) to calculate statistical parameters as the mean, median, mode or the skewness of a cr…