1,991 research outputs found
What Australian investors need to know: To Diversity their portfolios
An ASIC survey in 2008 showed that Australian investors do not diversify their portfolios sufficiently, with the average investor holding only 2.19 securities. To study this issue, we simulate portfolios using daily observations for all traded and delisted equities in Australia between 1975 and 2011. We calculate two measures of risk, including heavy tailed distributions to account for extreme events. For each risk measure, we recommend the number of portfolio holdings that result in a 90 per cent reduction in diversifiable risk for an average and a more conservative investor. We find that, on average, 24 to 30 stocks are sufficient to attain a well-diversified portfolio
The dissimilarity map and representation theory of
We give another proof that -dissimilarity vectors of weighted trees are
points on the tropical Grassmanian, as conjectured by Cools, and proved by
Giraldo in response to a question of Sturmfels and Pachter. We accomplish this
by relating -dissimilarity vectors to the representation theory of Comment: 11 pages, 8 figure
Measurement of the neutron electric dipole moment by crystal diffraction
An experiment using a prototype setup to search for the neutron electric
dipole moment by measuring spin-rotation in a non-centrosymmetric crystal
(quartz) was carried out to investigate statistical sensitivity and systematic
effects of the method. It has been demonstrated that the concept of the method
works. The preliminary result of the experiment is ecm. The experiment showed that an accuracy of ecm can be obtained in 100 days data taking, using available
quartz crystals and neutron beams.Comment: 13 pages, 4 figure
Analysis of the thermomechanical inconsistency of some extended hydrodynamic models at high Knudsen number
There are some hydrodynamic equations that, while their parent kinetic equation satisfies fundamental mechanical properties, appear themselves to violate mechanical or thermodynamic properties. This article aims to shed some light on the source of this problem. Starting with diffusive volume hydrodynamic models, the microscopic temporal and spatial scales are first separated at the kinetic level from the macroscopic scales at the hydrodynamic level. Then we consider Klimontovich’s spatial stochastic version of the Boltzmann kinetic equation, and show that, for small local Knudsen numbers, the stochastic term vanishes and the kinetic equation becomes the Boltzmann equation. The collision integral dominates in the small local Knudsen number regime, which is associated with the exact traditional continuum limit. We find a sub-domain of the continuum range which the conventional Knudsen number classification does not account for appropriately. In this sub-domain, it is possible to obtain a fully mechanically-consistent volume (or mass) diffusion model that satisfies the second law of thermodynamics on the grounds of extended non-local-equilibrium thermodynamics
END TO END LEARNING FOR A DRIVING SIMULATOR
Convolutional network approach is utilized for training an end-to-end model that would let a car drive itself around the track in a driving simulator by predicting steering angles based on the simulated camera data
- …