Stock prices have always been considered as unpredictable phenomena due to their dynamic patterns. Identifying the forces that contribute to variations of stock prices is probably one of the most researched areas in f...Stock prices have always been considered as unpredictable phenomena due to their dynamic patterns. Identifying the forces that contribute to variations of stock prices is probably one of the most researched areas in finance. This study relates stock prices to the stock volatility (measured by beta) and to corporate attributes, i.e., size, liquidity, profits, leverage, and returns. The study is based on manufacturing sector in India, and it is based on a sample of 3,027 manufacturing companies during the periods from 1991-1992 to 2006-2007 collected from the Centre for Monitoring Indian Economy (CMIE) database. The regressions were performed with the dummies for time effect and firm effect separately and then for both effects together. Panel data models have been used to estimate the stock prices equation. The model finds out fixed and random effects between independent and explanatory variables and analyzes them through Hausman test. The paper also studies multicollineairity that may exist amongst the selected variables. The study shows that volatility (represented by Beta), profit (represented by earnings per share (EPS)), and size (represented by market capitalization (MCAP)) significantly influence the stock prices (at the level of 5%). Panel data analysis using Hausman test supports the fixed effect model.展开更多
Chemically exfoliated nanosheets have exhibited great potential for applications in various electronic devices.Solution-based processing strategies such as inkjet printing provide a low-cost,environmentally friendly,a...Chemically exfoliated nanosheets have exhibited great potential for applications in various electronic devices.Solution-based processing strategies such as inkjet printing provide a low-cost,environmentally friendly,and scalable route for the fabrication of flexible devices based on functional inks of twodimensional nanosheets.In this study,chemically exfoliated high-k perovskite nanosheets(i.e.,Ca_(2)Nb_(3)O_(10)and Ca_(2)NaNb_(4)O_(13))are well dispersed in appropriate solvents to prepare printable inks,and then,a series of microcapacitors with Ag and graphene electrodes are printed.The resulting microcapacitors,Ag/Ca_(2)Nb_(3)O_(10)/Ag,graphene/Ca_(2)Nb_(3)O_(10)/graphene,and graphene/Ca_(2)NaNb_(4)O_(13)/graphene,demonstrate high capacitance densities of 20,80,and 150 nF/cm^(2) and high dielectric constants of 26,110.and 200,respectively.Such dielectric enhancement in the microcapacitors with graphene electrodes is possibly attributed to the dielectric/graphene interface.In addition,these microcapacitors also exhibit good insulating performance with a moderate electrical breakdown strength of approximately 1 MV/cm,excellent flexibility,and thermal stability up to 200℃.This work demonstrates the potential of high-k perovskite nanosheets for additive manufacturing of flexible high-performance dielectric capacitors.展开更多
文摘Stock prices have always been considered as unpredictable phenomena due to their dynamic patterns. Identifying the forces that contribute to variations of stock prices is probably one of the most researched areas in finance. This study relates stock prices to the stock volatility (measured by beta) and to corporate attributes, i.e., size, liquidity, profits, leverage, and returns. The study is based on manufacturing sector in India, and it is based on a sample of 3,027 manufacturing companies during the periods from 1991-1992 to 2006-2007 collected from the Centre for Monitoring Indian Economy (CMIE) database. The regressions were performed with the dummies for time effect and firm effect separately and then for both effects together. Panel data models have been used to estimate the stock prices equation. The model finds out fixed and random effects between independent and explanatory variables and analyzes them through Hausman test. The paper also studies multicollineairity that may exist amongst the selected variables. The study shows that volatility (represented by Beta), profit (represented by earnings per share (EPS)), and size (represented by market capitalization (MCAP)) significantly influence the stock prices (at the level of 5%). Panel data analysis using Hausman test supports the fixed effect model.
基金supported by the Basic Science Center Program of National Natural Science Foundation of China(51788104)the National Natural Science Foundation of China(52172124 and51872214)the Fundamental Research Funds for the Central Universities(WUT:2021III019JC,2018III041GX)。
文摘Chemically exfoliated nanosheets have exhibited great potential for applications in various electronic devices.Solution-based processing strategies such as inkjet printing provide a low-cost,environmentally friendly,and scalable route for the fabrication of flexible devices based on functional inks of twodimensional nanosheets.In this study,chemically exfoliated high-k perovskite nanosheets(i.e.,Ca_(2)Nb_(3)O_(10)and Ca_(2)NaNb_(4)O_(13))are well dispersed in appropriate solvents to prepare printable inks,and then,a series of microcapacitors with Ag and graphene electrodes are printed.The resulting microcapacitors,Ag/Ca_(2)Nb_(3)O_(10)/Ag,graphene/Ca_(2)Nb_(3)O_(10)/graphene,and graphene/Ca_(2)NaNb_(4)O_(13)/graphene,demonstrate high capacitance densities of 20,80,and 150 nF/cm^(2) and high dielectric constants of 26,110.and 200,respectively.Such dielectric enhancement in the microcapacitors with graphene electrodes is possibly attributed to the dielectric/graphene interface.In addition,these microcapacitors also exhibit good insulating performance with a moderate electrical breakdown strength of approximately 1 MV/cm,excellent flexibility,and thermal stability up to 200℃.This work demonstrates the potential of high-k perovskite nanosheets for additive manufacturing of flexible high-performance dielectric capacitors.