Default Spread dan Term Spread sebagai Variabel Proxy Siklus Bisnis pada Model Fama-French

This research aims to apply the Fama-French models and test the effect of alternative variable of bond yield spread, default spread (RBBB – RAAA and RAAA – RF), and the term spread (RSUN10-RSUN1), as proxy variables of the business cycle, in IDX stock data during 2005-2010. Four types of asset pricing models tested are Sharpe-Lintner CAPM, Fama-French models, Hwang et al.model, and hybrid model. The results showed that the size effect and value effect has an impact on excess stock returns. Slopes of market beta, SMB, and HML are more sensitive to stock big size and high B / M. Default spreads and term spreads in Hwang et al. model can explain the value effect, and weakly explain the size effect, meanwhile the power of explanation disappeared on Hybrid models. Based on the assessment adjusted R2 and the frequency of rejection of non-zero alpha, is found that the hybrid model is the most suitable model

Two Circular-Rotational Eigenmodes in Vortex Gyrotropic Motions in Soft Magnetic Nanodots

We found, by micromagnetic numerical and analytical calculations, that the clockwise (CW) and counterclockwise (CCW) circular-rotational motions of a magnetic vortex core in a soft magnetic circular nanodot are the elementary eigenmodes existing in the gyrotropic motion with respect to the corresponding CW and CCW circular-rotational-field eigenbasis. Any steady-state vortex gyrotropic motions driven by a linearly polarized oscillating in-plane magnetic field in the linear regime can be perfectly understood according to the superposition of the two circular eigenmodes, which show asymmetric resonance characteristics reflecting the vortex polarization. The relative magnitudes in the amplitude and phase between the CCW and CW eigenmodes determine the elongation and orientation of the orbital trajectories of the vortex core motions, respectively, which trajectories vary with the polarization and chirality of the given vortex as well as the field frequency across the resonance frequency.Comment: 30 pages, 7 figure

Inverse Tunneling Magnetoresistance in nanoscale Magnetic Tunnel Junctions

We report on our theoretical study of the inverse TMR effect in the spin polarized transport through a narrow channel. In the weak tunneling limit, we find the ordinary positive TMR. The TMR changes its sign as the transmission probability becomes large close to a unity. Our results might be relevant to the magnetic tunnel junction with a pinhole or a quantum point contact.Comment: 11 pages, 4 figures, To be published in Phys. Rev. B (in press

The Eruption from a Sigmoidal Solar Active Region on 2005 May 13

This paper presents a multiwavelength study of the M8.0 flare and its associated fast halo CME that originated from a bipolar active region NOAA 10759 on 2005 May 13. The source active region has a conspicuous sigmoid structure at TRACE 171 A channel as well as in the SXI soft X-ray images, and we mainly concern ourselves with the detailed process of the sigmoid eruption as evidenced by the multiwavelength data ranging from Halpha, WL, EUV/UV, radio, and hard X-rays (HXRs). The most important finding is that the flare brightening starts in the core of the active region earlier than that of the rising motion of the flux rope. This timing clearly addresses one of the main issues in the magnetic eruption onset of sigmoid, namely, whether the eruption is initiated by an internal tether-cutting to allow the flux rope to rise upward or a flux rope rises due to a loss of equilibrium to later induce tether cutting below it. Our high time cadence SXI and Halpha data shows that the first scenario is relevant to this eruption. As other major findings, we have the RHESSI HXR images showing a change of the HXR source from a confined footpoint structure to an elongated ribbon-like structure after the flare maximum, which we relate to the sigmoid-to-arcade evolution. Radio dynamic spectrum shows a type II precursor that occurred at the time of expansion of the sigmoid and a drifting pulsating structure in the flare rising phase in HXR. Finally type II and III bursts are seen at the time of maximum HXR emission, simultaneous with the maximum reconnection rate derived from the flare ribbon motion in UV. We interpret these various observed properties with the runaway tether-cutting model proposed by Moore et al. in 2001.Comment: 10 pages, 10 figures, The Astrophysical Journal, accepted July, 200

Nkx2-5 and Sarcospan genetically interact in the development of the muscular ventricular septum of the heart

The muscular ventricular septum separates the flow of oxygenated and de-oxygenated blood in air-breathing vertebrates. Defects within it, termed muscular ventricular septal defects (VSDs), are common, yet less is known about how they arise than rarer heart defects. Mutations of the cardiac transcription factor NKX2-5 cause cardiac malformations, including muscular VSDs. We describe here a genetic interaction between Nkx2-5 and Sarcospan (Sspn) that affects the risk of muscular VSD in mice. Sspn encodes a protein in the dystrophin-glycoprotein complex. Sspn knockout (Sspn(KO)) mice do not have heart defects, but Nkx2-5(+/−)/Sspn(KO) mutants have a higher incidence of muscular VSD than Nkx2-5(+/−) mice. Myofibers in the ventricular septum follow a stereotypical pattern that is disrupted around a muscular VSD. Subendocardial myofibers normally run in parallel along the left ventricular outflow tract, but in the Nkx2-5(+/−)/Sspn(KO) mutant they commonly deviate into the septum even in the absence of a muscular VSD. Thus, Nkx2-5 and Sspn act in a pathway that affects the alignment of myofibers during the development of the ventricular septum. The malalignment may be a consequence of a defect in the coalescence of trabeculae into the developing ventricular septum, which has been hypothesized to be the mechanistic basis of muscular VSDs

Multiple haplotype-resolved genomes reveal population patterns of gene and protein diplotypes

To fully understand human biology and link genotype to phenotype, the phase of DNA variants must be known. Here we present a comprehensive analysis of haplotype-resolved genomes to assess the nature and variation of haplotypes and their pairs, diplotypes, in European population samples. We use a set of 14 haplotype-resolved genomes generated by fosmid clone-based sequencing, complemented and expanded by up to 372 statistically resolved genomes from the 1000 Genomes Project. We find immense diversity of both haploid and diploid gene forms, up to 4.1 and 3.9 million corresponding to 249 and 235 per gene on average. Less than 15% of autosomal genes have a predominant form. We describe a ‘common diplotypic proteome’, a set of 4,269 genes encoding two different proteins in over 30% of genomes. We show moreover an abundance of cis configurations of mutations in the 386 genomes with an average cis/trans ratio of 60:40, and distinguishable classes of cis- versus trans-abundant genes. This work identifies key features characterizing the diplotypic nature of human genomes and provides a conceptual and analytical framework, rich resources and novel hypotheses on the functional importance of diploidy

TURBULENCE MEASUREMENTS WITHIN A CYCLIC FLOW AND ANALYSIS IN THE MOMENTUM EQUATION

ABSTRACT Particle Image Velocimetry (PIV) measurements were performed within an optical water analog engine. A unique triggering and data collection system was developed to allow a CCD camera to acquire two consecutive image frames at predetermined crank angles. The water analog engine operated at 15 RPM and had a square cross-section with two circular valved inlets. Measurements were made throughout an entire cycle to determine mean and turbulence statistics and results at 60 crank angle degree are discussed in this paper. Different averaging techniques were used and results between the techniques were compared to provide a number of statistical quantities having large discrepancies in scales and distributions. A study of the equations of motion showed that different averaging techniques results in differing physical interpretations of the flow

Suppression of current in transport through parallel double quantum dots

We report our study of the I-V curves in the transport through the quantum dot when an additional quantum dot lying in the Kondo regime is side-connected to it. Due to the Kondo scattering off the effective spin on a side-connected quantum dot the conductance is suppressed at low temperatures and at low source-drain bias voltages. This zero-bias anomaly is understood as enhanced Kondo scattering with decreasing temperature.Comment: 14 pages, 8 figure

Thermopower of Aharonov-Bohm Interferometer with a Quantum Dot

We report on the thermopower of an Aharonov-Bohm interferometer (AB) with a quantum dot in the Kondo limit. The thermopower is anomalously enhanced due to the Kondo effect as in heavy fermion systems. In contrast to the bulk systems, the sign of the thermopower can be changed by adjusting the energy level scheme or the particle-hole asymmetry of a dot with the gate voltage. Further the magnitude and even the sign of the thermopower in the AB ring can be changed at will with varying either magnetic fields or the gate voltages.Comment: 4 pages, 3 figures, accepted for publication in Physical Review Letter