2,957 research outputs found

    Relationship between Electronic and Geometric Structures of the O/Cu(001) System

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    The electronic structure of the (22×2)R45(2\sqrt{2}\times\sqrt{2})R45^{\circ} O/Cu(001) system has been calculated using locally self-consistent, real space multiple scattering technique based on first principles. Oxygen atoms are found to perturb differentially the long-range Madelung potentials, and hence the local electronic subbands at neighboring Cu sites. As a result the hybridization of the oxygen electronic states with those of its neighbors leads to bonding of varying ionic and covalent mix. Comparison of results with those for the c(2x2) overlayer shows that the perturbation is much stronger and the Coulomb lattice energy much higher for it than for the (22×2)R45(2\sqrt{2}\times\sqrt{2})R45^{\circ} phase. The main driving force for the 0.5ML oxygen surface structure formation on Cu(001) is thus the long-range Coulomb interaction which also controls the charge transfer and chemical binding in the system.Comment: 17 pages, 8 figure

    A Comparative Analysis on the Role and Market Linkages of Gold Backed Assets During COVID-19 Pandemic

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    Gold is a traditional favorite investment avenue for investors all over the globe, particularly during the crisis period. Irrespective of the nature of the crisis, investors are allocating their funds to different gold-backed assets. This paper uses various globally traded gold-backed assets to identify its role and market linkages during the Covid 19 pandemic. Daily prices of assets from March 2020 to January 2022 were employed. DCC GARCH model is used to ascertain time-varying correlations and quantile regression was employed to examine the relationship between assets in different quantiles. Based on the analysis, safe haven property of all the assets is revealed and it is associated with the severity of the stock market crash as specified by the quantiles. Moreover, double exposure of gold mining stock results in different flights to quality. Co-movement of gold bullion, gold futures, and gold volatility index is visible during this crisis. Gold Exchange Traded Funds and gold-backed cryptocurrency offer diversification by decoupling with gold bullion in the portfolio. The paper highlights the importance of the choice of gold-backed assets along with gold bullion in the investment portfolio based on its role and market linkages

    The Price Impact of Order Book Events

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    We study the price impact of order book events - limit orders, market orders and cancelations - using the NYSE TAQ data for 50 U.S. stocks. We show that, over short time intervals, price changes are mainly driven by the order flow imbalance, defined as the imbalance between supply and demand at the best bid and ask prices. Our study reveals a linear relation between order flow imbalance and price changes, with a slope inversely proportional to the market depth. These results are shown to be robust to seasonality effects, and stable across time scales and across stocks. We argue that this linear price impact model, together with a scaling argument, implies the empirically observed "square-root" relation between price changes and trading volume. However, the relation between price changes and trade volume is found to be noisy and less robust than the one based on order flow imbalance

    A Four-Unit-Cell Periodic Pattern of Quasiparticle States Surrounding Vortex Cores in Bi2Sr2CaCu2O8+d

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    Scanning tunneling microscopy is used to image the additional quasiparticle states generated by quantized vortices in the high-Tc superconductor Bi2Sr2CaCu2O8+d. They exhibit a Cu-O bond oriented 'checkerboard' pattern, with four unit cell (4a0) periodicity and a ~30 angstrom decay length. These electronic modulations may be related to the magnetic field-induced, 8a0 periodic, spin density modulations of decay length ~70 angstroms recently discovered in La1.84Sr0.16CuO4. The proposed explanation is a spin density wave localized surrounding each vortex core. General theoretical principles predict that, in the cuprates, a localized spin modulation of wavelength L should be associated with a corresponding electronic modulation of wavelength L/2, in good agreement with our observations.Comment: 10 pages, 3 figure

    Market Segmentation Analysis and Visualization Using K-Mode Clustering Algorithm for E-Commerce Business

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    Today all business organizations are adopting data driven strategies to generate more revenue out of their business. Growing startups are investing a lot of money in data economy to maximize profits of business organizations by developing intelligent tools backed by machine learning and artificial intelligence. The nature of BI tool depends on factor like business goals, size, model, technology etc. In this paper architecture of business intelligence tool and decision process has been discussed with a focus on market segmentation, based on user behavior analysis using k-mode clustering algorithm and user geographical distributions. The proposed toolkit also incorporates interactive visualizations and maps
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