The Dynamic Relationship between Price and Trading Volume:Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. Then we examine the dynamic relation between returns and volume using VAR, Granger causality, variance decomposition (VD) and impulse response function (IRF). Mixture of Distributions Hypothesis (MDH), which tests the GARCH vs. Volume effect, is also studied between the conditional volatility and volume. The results show that there is positive and asymmetric relation between volume and price changes. Further the results of VAR and Granger causality show that there is a bi-directional relation between volume and returns. However, the results of VD imply weak dynamic relation between returns and volume which becomes more evident from the plots of IRF. On MDH, our results are mixed, neither entirely rejecting the MDH nor giving it an unconditional support.

Thermodynamic Volume and the Extended Smarr Relation

We continue to explore the scaling transformation in the reduced action formalism of gravity models. As an extension of our construction, we consider the extended forms of the Smarr relation for various black holes, adopting the cosmological constant as the bulk pressure as in some literatures on black holes. Firstly, by using the quasi-local formalism for charges, we show that, in a general theory of gravity, the volume in the black hole thermodynamics could be defined as the thermodynamic conjugate variable to the bulk pressure in such a way that the first law can be extended consistently. This, so called, thermodynamic volume can be expressed explicitly in terms of the metric and field variables. Then, by using the scaling transformation allowed in the reduced action formulation, we obtain the extended Smarr relation involving the bulk pressure and the thermodynamic volume. In our approach, we do not resort to Euler's homogeneous scaling of charges while incorporating the would-be hairy contribution without any difficulty.Comment: 1+21 pages, plain LaTeX; v2 typo fixed and references adde

Relation between intraventricular pressure and volume in diastole

The pressure-volume curves for 10 patients with various types of heart disease were studied throughout mid to late diastole when both pressure and volume were increasing. The results were used to test a currently held theory that the form of this relation is exponential. It was found that for the patients examined this hypothesis was not valid

Restricted volumes and divisorial Zariski decompositions

We give a relation between the existence of a Zariski decomposition and the behavior of the restricted volume of a big divisor on a smooth (complex) projective variety. Moreover, we give an analytic description of the restricted volume in the line of Boucksom's work. It enables us to define the restricted volume of a transcendental class on a compact K\"ahler manifold in natural way. The relation can be extended to a transcendental class.Comment: 24 pages, to appear in Amer. J. Math, v2: completely revise

Scattering in the quenched approximation

We study, in the quenched approximation, Luescher's relation between pion scattering lengths and the finite-volume energy of two pions at rest. The quenched relation is drastically different from the full theory one; in particular, ``enhanced finite-volume corrections" of order $L^0=1$ and $L^{-2}$ occur at one loop ($L$ is the linear size of the box), due to the special properties of the $\eta'$ in the quenched approximation. Numerical examples show that the size of these effects can be substantial.Comment: 4 pages, uuencoded compressed tar-file, contribution to Lattice'9