The risk and performance of ST stocks are studied.The SVM method is applied on 100 general stocks and 100 ST stocks selected from the website,and a criterion is gotten to select stocks,then the risk of these sample st...The risk and performance of ST stocks are studied.The SVM method is applied on 100 general stocks and 100 ST stocks selected from the website,and a criterion is gotten to select stocks,then the risk of these sample stocks is analysed.In the performance evaluation,the SVM method is also applied on the 100 general stocks and 100 ST stocks according to the return per share,and 57 stocks which are all +1 are selected.Their equally weighted return rate is only-0.02%,but equally weighted return rate of 31 general stocks is 13.23%,that of 26 ST stocks is-96.15%.Naturally,we conclude that ST stocks are unsteady and do not deserve long-term investment.From the Chinese fund website,we know that equally weighted return rate of stock fund in 2004 was-3.3%,so the equally weighted return rate of the selected stocks(except ST stocks)is much higher than that of average return rate.展开更多
The majority of livestock in the rural areas of Africa are indigenous types that are not well defined as breeds as perceived by the developed world. The animals in this important sector have remained largely uncharact...The majority of livestock in the rural areas of Africa are indigenous types that are not well defined as breeds as perceived by the developed world. The animals in this important sector have remained largely uncharacterised and face the risk of genetic dilution due to indiscriminate crossbreeding, breed replacement and neglect. This article uses two examples to describe a system that has been implemented in South Africa that allows indigenous livestock from rural keepers to enter the seed stock industry as recognized breeds. The first example is the indigenous Nguni breed of cattle that has been successfully developed into a seed stock breed, with a society celebrating its 25th anniversary in November 2011. The second example involves the challenges of developing a seed stock industry for some of the unimproved indigenous goat breeds of South Africa. Climate change is expected to have a more extreme effect on southern hemisphere continents than on other continents. Such negative effects will include high ambient temperatures, nutritional stress and altered patterns of animal diseases. With the likelihood of global warming, these adapted genotypes can play a very important role in sustainable livestock production.展开更多
For a long time, equity has been regarded as a legal phenomenon specific to the Anglo-Saxon Law System. Following the lead of Ralph Newman, this paper aims to examine the representation of equity in other law systems....For a long time, equity has been regarded as a legal phenomenon specific to the Anglo-Saxon Law System. Following the lead of Ralph Newman, this paper aims to examine the representation of equity in other law systems. It argues that Chinese cultural traditions have provided ample resources for us to study the phenomenon of law in China. Equity, in a sense, is an all-considered scenario in legal practice, to which Confucianism and other philosophical traditions contributed valuable intellectual support. In classical Chinese law, we can see this manifestation of equity, albeit in a form distinct and different from its counterpart in the Anglo-Saxon Law System.展开更多
An admissible manifold wavelet kernel is proposed to construct manifold wavelet support vector machine(MWSVM) for stock returns forecasting.The manifold wavelet kernel is obtained by incorporating manifold theory into...An admissible manifold wavelet kernel is proposed to construct manifold wavelet support vector machine(MWSVM) for stock returns forecasting.The manifold wavelet kernel is obtained by incorporating manifold theory into wavelet technique in support vector machine(SVM).Since manifold wavelet function can yield features that describe of the stock time series both at various locations and at varying time granularities,the MWSVM can approximate arbitrary nonlinear functions and forecast stock returns accurately.The applicability and validity of MWSVM for stock returns forecasting is confirmed through experiments on real-world stock data.展开更多
文摘The risk and performance of ST stocks are studied.The SVM method is applied on 100 general stocks and 100 ST stocks selected from the website,and a criterion is gotten to select stocks,then the risk of these sample stocks is analysed.In the performance evaluation,the SVM method is also applied on the 100 general stocks and 100 ST stocks according to the return per share,and 57 stocks which are all +1 are selected.Their equally weighted return rate is only-0.02%,but equally weighted return rate of 31 general stocks is 13.23%,that of 26 ST stocks is-96.15%.Naturally,we conclude that ST stocks are unsteady and do not deserve long-term investment.From the Chinese fund website,we know that equally weighted return rate of stock fund in 2004 was-3.3%,so the equally weighted return rate of the selected stocks(except ST stocks)is much higher than that of average return rate.
文摘The majority of livestock in the rural areas of Africa are indigenous types that are not well defined as breeds as perceived by the developed world. The animals in this important sector have remained largely uncharacterised and face the risk of genetic dilution due to indiscriminate crossbreeding, breed replacement and neglect. This article uses two examples to describe a system that has been implemented in South Africa that allows indigenous livestock from rural keepers to enter the seed stock industry as recognized breeds. The first example is the indigenous Nguni breed of cattle that has been successfully developed into a seed stock breed, with a society celebrating its 25th anniversary in November 2011. The second example involves the challenges of developing a seed stock industry for some of the unimproved indigenous goat breeds of South Africa. Climate change is expected to have a more extreme effect on southern hemisphere continents than on other continents. Such negative effects will include high ambient temperatures, nutritional stress and altered patterns of animal diseases. With the likelihood of global warming, these adapted genotypes can play a very important role in sustainable livestock production.
文摘For a long time, equity has been regarded as a legal phenomenon specific to the Anglo-Saxon Law System. Following the lead of Ralph Newman, this paper aims to examine the representation of equity in other law systems. It argues that Chinese cultural traditions have provided ample resources for us to study the phenomenon of law in China. Equity, in a sense, is an all-considered scenario in legal practice, to which Confucianism and other philosophical traditions contributed valuable intellectual support. In classical Chinese law, we can see this manifestation of equity, albeit in a form distinct and different from its counterpart in the Anglo-Saxon Law System.
基金the Hunan Natural Science Foundation(No. 09JJ3129)the Hunan Key Social Science Foundation (No. 09ZDB04)the Hunan Social Science Foundation (No. 08JD28)
文摘An admissible manifold wavelet kernel is proposed to construct manifold wavelet support vector machine(MWSVM) for stock returns forecasting.The manifold wavelet kernel is obtained by incorporating manifold theory into wavelet technique in support vector machine(SVM).Since manifold wavelet function can yield features that describe of the stock time series both at various locations and at varying time granularities,the MWSVM can approximate arbitrary nonlinear functions and forecast stock returns accurately.The applicability and validity of MWSVM for stock returns forecasting is confirmed through experiments on real-world stock data.
