Exploring the Relationship Between Patent Forward Citation and Stock Return Rate Using Empirical Data of China Stock Market

A novel indicator called price-citation was proposed.Based on the company integrated patent database of China listed companies of common stocks(A-shares)with the stock price and the stock return rate data,more than two thousand of A-shares from 2017 to 2020 were selected.The effect of the traditional patent forward citation and the price-citation for discriminating the stock return rate was thoroughly analyzed via ANOVA.The A-shares of forward citation counts above the average showed higher stock return rate means than the A-shares having patents but receiving no forward citations.The price-citation,combining both the financial and patent attributes,defined as the multiplication of the current stock price and the currently receiving forward citation count,showed its excellence in discriminating the stock return rate.The A-shares of higher price-citation showed significantly higher stock return rate means while the A-shares of lower price-citation showed significantly lowest stock return rate means.The price-citation effect had not been changed by COVID-19 though COVID-19 affected the social and economic environment to a considerable extent in 2020.

Effect of droplet characteristics on liquid-phase distribution in spray zone of internal mixing air-mist nozzle

In continuous casting production,droplet characteristics are important parameters for evaluating the nozzle atomization quality,and have a significant impact on the secondary cooling effect and the slab quality.In order to study the behavior of atomized droplets after reaching the slab surface and to optimize the spray cooling effect,the influence of droplet diameter and droplet velocity on the migration behavior of droplets in the secondary cooling zone was analyzed by FLUENT software.Results show that the droplets in the spray zone and on the slab surface are mainly concentrated in the center,thus,the liquid volume fraction in the center is higher than that of either side.As the droplet diameter increases,the region of high liquid volume fraction on the slab surface becomes wider,and the liquid phase distribution in the slab width direction becomes uneven.Although increasing the droplet velocity at the nozzle exit has little effect on droplet diffusion in the spray zone,the distribution becomes more uneven due to more liquid reaches the slab surface per unit time.A prediction formula of the maximum water flow rate on the slab surface for specific droplet characteristics was proposed based on dimensionless analysis and validated by simulated data.A nozzle spacing of 210 mm was recommended under the working conditions in this study,which ensures effective coverage of the spray water over the slab surface and enhances the distribution uniformity of water flow rate in the transverse direction.

Effective Return Rate Prediction of Blockchain Financial Products Using Machine Learning

In recent times,financial globalization has drastically increased in different ways to improve the quality of services with advanced resources.The successful applications of bitcoin Blockchain(BC)techniques enable the stockholders to worry about the return and risk of financial products.The stockholders focused on the prediction of return rate and risk rate of financial products.Therefore,an automatic return rate bitcoin prediction model becomes essential for BC financial products.The newly designed machine learning(ML)and deep learning(DL)approaches pave the way for return rate predictive method.This study introduces a novel Jellyfish search optimization based extreme learning machine with autoencoder(JSO-ELMAE)for return rate prediction of BC financial products.The presented JSO-ELMAE model designs a new ELMAE model for predicting the return rate of financial products.Besides,the JSO algorithm is exploited to tune the parameters related to the ELMAE model which in turn boosts the classification results.The application of JSO technique assists in optimal parameter adjustment of the ELMAE model to predict the bitcoin return rates.The experimental validation of the JSO-ELMAE model was executed and the outcomes are inspected in many aspects.The experimental values demonstrated the enhanced performance of the JSO-ELMAE model over recent state of art approaches with minimal RMSE of 0.1562.

Testification on Effectiveness of Average or Weight-added Internal Rate of Return

It seems that an effective way of how to make the right choice of Various investment projects is based on the theory of average internal income rate, or the theory of weight-added internal income rate. With several examples of numerical value, this paper proves that this method is not as effective as expected, but indirectly testifies that only with the principle of maximization of NPV that independent projects can be the best combination of projects with limited investment that is achieved.

Undrained vane shear strength of sand-foam mixtures subjected to different shear rates

The shear strength of sand-foam mixtures plays a crucial role in ensuring successful earth pressure balance(EPB)shield tunneling.Since the sand-foam mixtures are constantly sheared by the cutterhead and the screw conveyor with varied rotation speeds during tunneling,it is non-trivial to investigate the effect of shear rates on the undrained shear strength of sand-foam mixtures under chamber pressures to extend the understanding on the tunneling process.This study conducted a series of pressurized vane shear tests to investigate the role of shear rates on the peak and residual strengths of sand-foam mixtures at different pore states.Different from the shear-rate characteristics of natural sands or clay,the results showed that the peak strength of sand-foam mixtures under high vertical total stress(σ_(v)≥200 kPa)and low foam injection ratio(FIR30%)decreased with the increase in shear rate.Otherwise,the peak strength was not measurably affected by shear rates.The sand-foam mixtures in the residual state resembled low-viscous fluid with yield stress and the residual strength increased slightly with shear rates.In addition,the peak and residual strengths were approximately linear with vertical effective stress regardless of the total stress and FIR.The peak effective internal friction angle remained almost invariant in a low shear rate(γ′<0.25 s1)but decreased when the shear rate continued increasing.The residual effective internal friction angle was lower than the peak counterpart and insensitive to shear rates.This study unveiled the role of shear rates in the undrained shear strength of sand-foam mixtures with various FIRs and vertical total stresses.The findings can extend the understanding of the rate-dependent shear characteristics of conditioned soils and guide the decision-making of soil conditioning schemes in the EPB shield tunneling practice.

NCCT for Micropolar Solid and Fluid Media Based on Internal Rotations and Rotation Rates with Rotational Inertial Physics: Model Problem Studies

This paper presents model problem studies for micropolar thermoviscoelastic solids without memory and micropolar thermoviscous fluid using micropolar non-classical continuum theories (NCCT) based on internal rotations and rotation rates in which rotational inertial physics is considered in the derivation of the conservation and balance laws (CBL). The dissipation mechanism is due to strain rates as well as rotation rates. Model problems are designed to demonstrate and illustrate various significant aspects of the micropolar NCCT with rotational inertial physics considered in this paper. In case of micropolar solids, the translational and rotational waves are shown to coexist. In the absence of microconstituents (classical continuum theory, CCT) the internal rotations are a free field, hence have no influence on CCT. Absence of gradients of displacements and strains in micropolar thermoviscous fluid medium prohibits existence of translational waves as well as rotational waves even though the appearance of the mathematical model is analogous to the solids, but in terms of strain rates. It is shown that in case of micropolar thermoviscous fluids the BAM behaves more like time dependent diffusion equation i.e., like heat conduction equation in Lagrangian description. The influence of rotational inertial physics is demonstrated using BLM as well as BAM in the model problem studies.

Influence of temperature rate on transitory internal friction during reverse martensitic transformation for Ti_(50)Ni_(27)Cu_(23) alloy

Internal friction （IF） spectra during reverse martensitic transformation from 35 to 135°C at different temperature rates of 0.5,0.75,and 1°C/min for Ti50Ni27Cu23 shape memory alloy （SMA） samples were measured with a dynamic mechanical analyzer,respectively.The IF spectra were characterized by IF peak increasing progressively and peak shifting toward high temperature with an increase in temperature rate.An iterative approach was used to calculate the precise intrinsic and approximate transitory IF contributions to the normal IF spectrum.The quantitatively analyzed results indicate that the transitory IF of this alloy is nonlinearly dependent on the temperature rate and obeys a power law with a power coefficient of 0.55.The predicted and experimental IF spectra at different temperature rates of 0.75 and 1°C/min agree well with each other,respectively.

A Research for Regional Contribution Rate of Internal Source and External Source of PM_(2.5) Based on Set Pair Analysis Method

A problem of the air pollution control in China is getting to know a regional contribution rate of internal and external source of PM2.5. In this paper,Set Pair Analysis（ SPA） method is proposed to calculate the contribution rate of PM2.5in Dongguan City. Due to geographic,meteorological factors and the low concentration of air pollutants in Qingxi area,the PM2.5in this place is mainly contributed by the regional transport of air pollutants from other inside areas of Dongguan,and less affected by the outside of Dongguan. So the concentration of PM2.5in Qingxi area can reflect the Dongguan＇s basic background concentration of PM2.5. On the basis of the basic background concentration,firstly the concentration of each pollutant components is divided into the internal part and the mixed part. Secondly using the source apportionment samples of five monitoring sites in Dongguan we can respectively construct a sample set A and an evaluation set B. Thirdly the SPA is operated onto the mixed part in terms of set B.At last the connection degree between the concentration of each pollutant components and external source and internal source will be calculated,that is the contribution rate. The research reveals that the contribution rate of internal source and external source of PM2.5in Dongguan City is 83%and 17% respectively,which roughly met expectations. This method is simple and effective and it can provide a reference for the government taking reduction measures to control PM2.5pollutants emission.

Reducing the Internal Difference Error Rate in Hospital Pharmacies:From the Angle of Quality Control Circle

Objective To improve the management level of pharmacy dispensing center,reduce dispensing errors and promote the safety of drug use.Methods Hospital pharmacies could be managed according to the theory of quality control circle(QCC).Based on the ten steps of QCC,the internal difference error rate in pharmacies could be reduced.Results and Conclusion The error rate of pharmacies was reduced from 2.74‰to 0.57‰,and the goal achievement rate was 108.466.Besides,the progress rate reached 84.82%.The abilities of circle members were improved,and the operation of pharmacy was more standardized.The activity of QCC is helpful to reduce the internal difference error rate,improve the operation level of pharmacy and ensure the safety of drug use.

Optimization of Pension Asset Portfolio in Nigeria with Contributors’ Specified Return Rate

This work focuses on the optimization of investment contributions of pension asset with a view to improving contributors’ participation in achieving better return on investment (RoI) of their funds. We viewed some new regulations on Nigeria’s Contributory Pension Scheme” (CPS) from amended legislation of 2014, some of which are yet to be implemented when their regulations are approved. A mathematical model involving 5 variables, 5 inequality constraints covering regulatory limitations and limitation on scarce resource known as Asset Under Management (AUM), suggested and mathematically shown to be possible through “maximization of return irrespective of risk” while obeying all regulatory controls as our constraints optimized. Optimized portfolio using MatLab shows that the portfolio representing AES 2013 portfolio with a deficit growth of 15.75 m representing 3.27% less than the portfolio’s full growth potential within defined assumptions would have been averted if contributors actually set their targets and investment managers optimize from forecasts of future prices using trend analysis.

Rate Constitutive Theories of Orders n and 1n for Internal Polar Non-Classical Thermofluids without Memory

In recent papers, Surana et al. presented internal polar non-classical Continuum theory in which velocity gradient tensor in its entirety was incorporated in the conservation and balance laws. Thus, this theory incorporated symmetric part of the velocity gradient tensor (as done in classical theories) as well as skew symmetric part representing varying internal rotation rates between material points which when resisted by deforming continua result in dissipation (and/or storage) of mechanical work. This physics referred as internal polar physics is neglected in classical continuum theories but can be quite significant for some materials. In another recent paper Surana et al. presented ordered rate constitutive theories for internal polar non-classical fluent continua without memory derived using deviatoric Cauchy stress tensor and conjugate strain rate tensors of up to orders n and Cauchy moment tensor and its conjugate symmetric part of the first convected derivative of the rotation gradient tensor. In this constitutive theory higher order convected derivatives of the symmetric part of the rotation gradient tensor are assumed not to contribute to dissipation. Secondly, the skew symmetric part of the velocity gradient tensor is used as rotation rates to determine rate of rotation gradient tensor. This is an approximation to true convected time derivatives of the rotation gradient tensor. The resulting constitutive theory: (1) is incomplete as it neglects the second and higher order convected time derivatives of the symmetric part of the rotation gradient tensor;(2) first convected derivative of the symmetric part of the rotation gradient tensor as used by Surana et al. is only approximate;(3) has inconsistent treatment of dissipation due to Cauchy moment tensor when compared with the dissipation mechanism due to deviatoric part of symmetric Cauchy stress tensor in which convected time derivatives of up to order n are considered in the theory. The purpose of this paper is to present ordered rate constitutive theories for deviatoric Cauchy strain tensor, moment tensor and heat vector for thermofluids without memory in which convected time derivatives of strain tensors up to order n are conjugate with the Cauchy stress tensor and the convected time derivatives of the symmetric part of the rotation gradient tensor up to orders 1n are conjugate with the moment tensor. Conservation and balance laws are used to determine the choice of dependent variables in the constitutive theories: Helmholtz free energy density Φ, entropy density η, Cauchy stress tensor, moment tensor and heat vector. Stress tensor is decomposed into symmetric and skew symmetric parts and the symmetric part of the stress tensor and the moment tensor are further decomposed into equilibrium and deviatoric tensors. It is established through conjugate pairs in entropy inequality that the constitutive theories only need to be derived for symmetric stress tensor, moment tensor and heat vector. Density in the current configuration, convected time derivatives of the strain tensor up to order n, convected time derivatives of the symmetric part of the rotation gradient tensor up to orders 1n, temperature gradient tensor and temperature are considered as argument tensors of all dependent variables in the constitutive theories based on entropy inequality and principle of equipresence. The constitutive theories are derived in contravariant and covariant bases as well as using Jaumann rates. The nth and 1nth order rate constitutive theories for internal polar non-classical thermofluids without memory are specialized for n = 1 and 1n = 1 to demonstrate fundamental differences in the constitutive theories presented here and those used presently for classical thermofluids without memory and those published by Surana et al. for internal polar non-classical incompressible thermofluids.

Does the Shanghai-Hong Kong Stock Connect Program Enhance the Abnormal Rate of Return and Transaction Volatility of the Underlying Stocks:A Quasi-Natural Experimental Design

Shanghai-Hong Kong Stock Connect Program,which is a new starting point for the opening up of the mainland capital market,still has many uncertainties.Research on the benefits and market volatility of such policies can provide investors with time to invest in such policies,fluctuations in the underlying stocks of the Chinese stock market,and decision support for the formulation and revision of relevant policies.This paper studies whether there is significant abnormal rate of return in the selected stocks which are in the Shanghai Stock Connect Program within the specified period,the excess return gap between the stocks which are in the program and which are not in the program,and the impact of the Shanghai Stock Connect Program on the volatility of the relevant stocks.Based on the CAPM model and the Fama-French 3-factor model,this paper uses t test to study the significance of the abnormal rate of return.By establishing a difference-in-difference(DID)model,the regression of the abnormal rate of return is tested,and the sample volatility is analyzed according to the influence of the fund transaction.The study found that the stocks in the program have significant abnormal rate of returns during the window period.The Shanghai Stock Connect has brought about a huge change in transaction amount,and policy makers need to improve related and similar policies.

Causes of the exchange rate with the U.S. trade deficit

With debate that the U.S. trade deficit is due to overestimate exchange rate of RMB, the paper pointed out that exchange rate is not the main factor for the formation of balance of payments on trade. U.S. trade deficit is largely due to the current international monetary system, international division of labor and the trade structure determined by it, low savings rates and other factors.

Outcomes of 4 surgical adjuvants used for internal limiting membrane peeling in macular hole surgery: a systematic review and network Meta-analysis

AIM:To compare the outcomes of four adjuvants used for internal limiting membrane(ILM)peeling in macular hole surgery,including indocyanine green(ICG),brilliant blue G(BBG),triamcinolone(TA)and trypan blue(TB),through systematic review and random-effects Bayesian network Meta-analysis.METHODS:PubMed,Cochrane library databases and Web of Science were searched until August 2018 for clinical trials comparing the above four adjuvants.ORs for postoperative best corrected visual acuity(BCVA)improvement and primary macular hole closure rates were compared between the different adjuvants.RESULTS:Twenty-seven eligible articles were included.For postoperative BCVA improvement,results of BBGassisted peeling were significantly more favorable than those of ICG(WMD 0.08,95%credible interval 0.01-0.16)and TA ranked highest.No significant differences were found between any other two groups in postoperative BCVA improvement.For postoperative primary macular hole closure rates,BBG ranked highest.However,no significant differences were shown between any two groups.CONCLUSION:TA and BBG are the optimum adjuvants for achieving postoperative BCVA improvement macular hole surgery with adjuvant-assisted ILM peeling.Among all adjuvants,the use of BBG is associated with the highest postoperative macular hole closure rate.

The efficiency of long-term straw return to sequester organic carbon in Northeast China＇s cropland

Black soil is one of the most precious soil resources on earth because it has abundant carbon stocks and a relatively high production capacity. However, decreasing organic matter after land reclamation, and the effects of long-term inputs of organic carbon have made it less fertile black soil in Northeast China. Straw return could be an effective method for improving soil organic carbon（SOC） sequestration in black soils. The objective of this study was to evaluate whether straw return effectively increases SOC sequestration. Long-term field experiments were conducted at three sites in Northeast China with varying latitudes and SOC densities. Study plots were subjected to three treatments： no fertilization（CK）; inorganic fertilization（NPK）; and NPK plus straw return（NPKS）. The results showed that the SOC stocks resulting from NPKS treatment were 4.0 and 5.7% higher than those from NPK treatment at two sites, but straw return did not significantly affect the SOC stocks at the third site. Furthermore, at higher SOC densities, the NPKS treatment resulted in significantly higher soil carbon sequestration rates（CSR） than the NPK treatment. The equilibrium value of the CSR for the NPKS treatment equated to cultivation times of 17, 11, and 8 years at the different sites. Straw return did not significantly increase the SOC stocks in regions with low SOC densities, but did enhance the C pool in regions with high SOC densities. These results show that there is strong regional variation in the effects of straw return on the SOC stocks in black soil in Northeast China. Additional cultivations and fertilization practices should be used when straw return is considered as an approach for the long-term improvement of the soil organic carbon pool.

Internal Loads and Bioavailability of Phosphorus and Nitrogen in Dianchi Lake,China

Sediments have a significant influence on the cycling of nutrient elements in lake environments. In order to assess the distribution characteristics and estimate the bioavailability of phosphorus and nitrogen in Dianchi Lake, organic and inorganic phosphorus and nitrogen forms were analysed. The 210 Pb radiometric dating method was employed to study temporal changes in the phosphorus and nitrogen pools in Dianchi Lake. The result show that the total phosphorus(TP) and total nitrogen(TN) were both at high concentrations, ranging from 697.5–3210.0 mg/kg and 1263.7–7155.2 mg/kg, respectively. Inorganic phosphorus(IP) and total organic nitrogen(TON) were the main constituents, at percentages of 59%–78% and 74%–95%, respectively, in the sediments. Spatially, there was a decreasing trend in phosphorus and nitrogen contents from the south and north to the lake centre, which is related to the distribution pattern of local economic production. The burial rates of the various phosphorus and nitrogen forms increased in same spatially and over time. Particularly in the past two decades, the burial rates doubled, with that TN reached to 1.287 mg/(cm^2·yr) in 2014. As the most reactive forms, nitrate nitrogen(NO_3-N) and ammonia nitrogen(NH_4-N) were buried more rapidly in the south region, implying that the potential for releasing sedimentary nitrogen increased from north to south. Based on their concentrations and burial rates, the internal loads of phosphorus and nitrogen were analysed for the last century. A TP pool of 71597.6 t and a TN pool of 81191.7 t were estimated for Dianchi Lake. Bioavailable phosphorus and nitrogen pools were also estimated at 44468.0 t and 5429.7 t, respectively, for the last century.

Profile Design and Numerical Calculation of Instantaneous Flow Rate of a Gerotor Pump

Gerotor pump is a special kind of internal rotary pump, which contains a trochoid profile (commonly called as cycloid). Generation of trochoid is normally realized by external rolling method, namely a circle rotating on a fixed circle without slipping. This paper proposes derivative process of the trochoid profile by means of internal rolling method, which is that internal surface of a circle contacts with a fixed circle and rotates around it without slipping. Moreover the instantaneous flow rate can be obtained by numerically calculating the change ratio of area between the inner and outer rotors in the outlet region of the gerotor pump, which avoids to complicatedly derivative process.

Early development and the point of no return in pikeperch( Sander lucioperca L.) larvae

The objectives of the present study were to evaluate the yolk-sac and oil globule absorption and point of no return （PNR） ofpikeperch （Sander lucioperca L.） larvae. Artificial propagation ofpikeperch was performed at （15±2）℃. Yolk-sac absorption, oil globule absorption, larval growth and the first initial feeding rate were observed to analyze the early growth and to determine the PNR of pikeperch larvae. The total length of newly hatched （0 day after hatching, DAH） pikeperch larvae was （4.25±0.22） mm and the volume of the yolk-sac and the oil globule was （0.30±0.12）mm^3 and （5.14±2.28） 10-2 mm^3 respectively. The yolk-sac and the oil globule were exhausted at 11 DAH and 14 DAH, respectively. Pikeperch larvae began feeding at 8 DAH with an initial feeding rate about 10.0%. From 9 to 14 DAH, the initial feeding rate increased rapidly, and reached its highest （about 82.7%） at 14 DAH. It declined thereafter, 48.9% at 15 DAH and 35.6% at 16 DAH, thus the pikeperch larvae reached PNR by 15-16 DAH. The appropriate first feeding time for the pikeperch larvae is 11-12 DAH, when the initial feeding rate is higher than half of the maximum initial feeding rate.

Theoretical Investigation on Internal Leakage and Its Effect on the Efficiency of Fluid Switcher-Energy Recovery Device for Reverse Osmosis Desalting Plant

This work is focused on the theoretical investigation of internal leakage of a newly developed pi lotscale fluid switcherenergy recovery device （FSERD） for reverse osmosis （RO） system. For the purpose of in creasing FSERD efficiency and reducing the operating cost of RO, it is required to control the internal leakage in a low level. In this work, the internal leakage rates at different leakage gaps and retentate brine pressures are investigated by computational fluid dynamics （CFD） method and validating experiments. It is found that the internal leak age has a linear relationship with the retentate brine pressure and a polynomial relationship with the scale of leakage gap. The results of the present work imply that low internal leakage and high retentate brine pressure bring benefits to achieve high FSRD efficiency.

Optimizing Nutrient Use Efficiency and Returns from Soybean Production under Smallholders in Three Agro-Ecologies of Malawi

Field trials were conducted to determine the economically optimum fertilizer rates for soybean production and for optimizing net profits in Dedza, Lilongwe and Salima Districts of Malawi. The effects of PK fertilizer rates on rain use efficiency (RUE), harvest index, agronomic use efficiency of phosphorous (AEP) and potassium (AEK), and value cost ratio (VCR) were evaluated. The applied diagnostic PK fertilizer rates significantly improved soybean grain yields, harvest index, rainwater use efficiency, AEP, AEK and returns to fertilizer use expressed as value cost ratio (VCR). However, the results differed significantly