Spelling suggestions: "subject:"multifactor"" "subject:"multifactors""
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Political and economic events 1988 to 1998 : their impact on the specification of the nonlinear multifactor asset pricing model described by the arbitrage pricing theory for the financial and industrial sector of the Johannesburg Stock ExchangeStephanou, Costas Michael 05 1900 (has links)
The impact of political and economic events on the asset pricing model described by the
arbitrage pricing theory (APTM) was examined in order to establish if they had caused any
changes in its specification. It was concluded that the APTM is not stationary and that it must
be continuously tested before it can be used as political and economic events can change its
specification. It was also found that political events had a more direct effect on the
specification of the APTM, in that their effect is more immediate, than did economic events,
which influenced the APTM by first influencing the economic environment in which it
operated.
The conventional approach that would have evaluated important political and economic
events, case by case, to determine whether they affected the linear factor model (LFM), and
subsequently the APTM, could not be used since no correlation was found between the
pricing of a risk factor in the LFM and its subsequent pricing in the APTM. A new approach
was then followed in which a correlation with a political or economic event was sought
whenever a change was detected in the specification of the APTM. This was achieved by first
finding the best subset LFM, chosen for producing the highest adjusted R2
, month by month,
over 87 periods from 20 October1991 to 21 June 1998, using a combination of nine
prespecified risk factors (five of which were proxies for economic events and one for
political events). Multivariate analysis techniques were then used to establish which risk
factors were priced most often during the three equal subperiods into which the 87 periods
were broken up.
Using the above methodology, the researcher was able to conclude that political events
changed the specification of the APTM in late 1991. After the national elections in April
1994 it was found that the acceptance of South Africa into the world economic community
had again changed the specification of the APTM and the two most important factors were
proxies for economic events. / Business Leadership / DBL
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Electromagnetic field and neurological disorders Alzheimer´s disease, why the problem is difficult and how to solve itLyttkens, Peter January 2018 (has links)
No description available.
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Political and economic events 1988 to 1998 : their impact on the specification of the nonlinear multifactor asset pricing model described by the arbitrage pricing theory for the financial and industrial sector of the Johannesburg Stock ExchangeStephanou, Costas Michael 05 1900 (has links)
The impact of political and economic events on the asset pricing model described by the
arbitrage pricing theory (APTM) was examined in order to establish if they had caused any
changes in its specification. It was concluded that the APTM is not stationary and that it must
be continuously tested before it can be used as political and economic events can change its
specification. It was also found that political events had a more direct effect on the
specification of the APTM, in that their effect is more immediate, than did economic events,
which influenced the APTM by first influencing the economic environment in which it
operated.
The conventional approach that would have evaluated important political and economic
events, case by case, to determine whether they affected the linear factor model (LFM), and
subsequently the APTM, could not be used since no correlation was found between the
pricing of a risk factor in the LFM and its subsequent pricing in the APTM. A new approach
was then followed in which a correlation with a political or economic event was sought
whenever a change was detected in the specification of the APTM. This was achieved by first
finding the best subset LFM, chosen for producing the highest adjusted R2
, month by month,
over 87 periods from 20 October1991 to 21 June 1998, using a combination of nine
prespecified risk factors (five of which were proxies for economic events and one for
political events). Multivariate analysis techniques were then used to establish which risk
factors were priced most often during the three equal subperiods into which the 87 periods
were broken up.
Using the above methodology, the researcher was able to conclude that political events
changed the specification of the APTM in late 1991. After the national elections in April
1994 it was found that the acceptance of South Africa into the world economic community
had again changed the specification of the APTM and the two most important factors were
proxies for economic events. / Business Leadership / DBL
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Functions of Mentoring as Christian DiscipleshipFoster, Hiram S. 16 June 2014 (has links)
No description available.
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A Multilinear (Tensor) Algebraic Framework for Computer Graphics, Computer Vision and Machine LearningVasilescu, M. Alex O. 09 June 2014 (has links)
This thesis introduces a multilinear algebraic framework for computer graphics, computer vision, and machine learning, particularly for the fundamental purposes of image synthesis, analysis, and recognition. Natural images result from the multifactor interaction between the imaging process, the scene illumination, and the scene geometry. We assert that a principled mathematical approach to disentangling and explicitly representing these causal factors, which are essential to image formation, is through numerical multilinear algebra, the algebra of higher-order tensors.
Our new image modeling framework is based on(i) a multilinear generalization of principal components analysis (PCA), (ii) a novel multilinear generalization of independent components analysis (ICA), and (iii) a multilinear projection for use in recognition that maps images to the multiple causal factor spaces associated with their formation. Multilinear PCA employs a tensor extension of the conventional matrix singular value decomposition (SVD), known as the M-mode SVD, while our multilinear ICA method involves an analogous M-mode ICA algorithm.
As applications of our tensor framework, we tackle important problems in computer graphics, computer vision, and pattern recognition; in particular, (i) image-based rendering, specifically introducing the multilinear synthesis of images of textured surfaces under varying view and illumination conditions, a new technique that we call
``TensorTextures'', as well as (ii) the multilinear analysis and recognition of facial images under variable face shape, view, and illumination conditions, a new technique that we call ``TensorFaces''. In developing these applications, we introduce a multilinear image-based rendering algorithm and a multilinear appearance-based recognition algorithm. As a final, non-image-based application of our framework, we consider the analysis, synthesis and recognition of human motion data using multilinear methods, introducing a new technique that we call ``Human Motion Signatures''.
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A Multilinear (Tensor) Algebraic Framework for Computer Graphics, Computer Vision and Machine LearningVasilescu, M. Alex O. 09 June 2014 (has links)
This thesis introduces a multilinear algebraic framework for computer graphics, computer vision, and machine learning, particularly for the fundamental purposes of image synthesis, analysis, and recognition. Natural images result from the multifactor interaction between the imaging process, the scene illumination, and the scene geometry. We assert that a principled mathematical approach to disentangling and explicitly representing these causal factors, which are essential to image formation, is through numerical multilinear algebra, the algebra of higher-order tensors.
Our new image modeling framework is based on(i) a multilinear generalization of principal components analysis (PCA), (ii) a novel multilinear generalization of independent components analysis (ICA), and (iii) a multilinear projection for use in recognition that maps images to the multiple causal factor spaces associated with their formation. Multilinear PCA employs a tensor extension of the conventional matrix singular value decomposition (SVD), known as the M-mode SVD, while our multilinear ICA method involves an analogous M-mode ICA algorithm.
As applications of our tensor framework, we tackle important problems in computer graphics, computer vision, and pattern recognition; in particular, (i) image-based rendering, specifically introducing the multilinear synthesis of images of textured surfaces under varying view and illumination conditions, a new technique that we call
``TensorTextures'', as well as (ii) the multilinear analysis and recognition of facial images under variable face shape, view, and illumination conditions, a new technique that we call ``TensorFaces''. In developing these applications, we introduce a multilinear image-based rendering algorithm and a multilinear appearance-based recognition algorithm. As a final, non-image-based application of our framework, we consider the analysis, synthesis and recognition of human motion data using multilinear methods, introducing a new technique that we call ``Human Motion Signatures''.
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