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Pricing of European- and American-style Asian Options using the Finite Element MethodKarlsson, Jesper January 2018 (has links)
An option is a contract between two parties where the holder has the option to buy or sell some underlying asset after a predefined exercise time. Options where the holder only has the right to buy or sell at the exercise time is said to be of European-style, while options that can be exercised any time before the exercise time is said to be of American-style. Asian options are options where the payoff is determined by some average value of the underlying asset, e.g., the arithmetic or the geometric average. For arithmetic Asian options, there are no closed-form pricing formulas, and one must apply numerical methods. Several methods have been proposed and tested for Asian options. For example, the Monte Carlo method isslowforEuropean-styleAsianoptionsandnotapplicableforAmerican-styleAsian options. In contrast, the finite difference method have successfully been applied to price both European- and American-style Asian options. But from a financial point of view, one is also interested in different measures of sensitivity, called the Greeks, which are hard approximate with the finite difference method. For more accurate approximations of the Greeks, researchers have turned to the finite element method with promising results for European-style Asian options. However, the finite element method has never been applied to American-style Asian options, which still lack accurate approximations of the Greeks. Here we present a study of pricing European- and American-style Asian options using the finite element method. For European-style options, we consider two different pricing PDEs. The first equation we consider is a convection-dominated problem, which we solve by applying the so-called streamline-diffusion method. The second equation comes from modelling Asian options as options on a traded account, which we solve by using the so-called cG(1)cG(1) method. For American-style options, the model based on options on a traded account is not applicable. Therefore, we must consider the first convection-dominated problem. To handle American-style options, we study two different methods, a penalty method and the projected successive over-relaxation method. For European-style Asian options, both approaches give good results, but the model based on options on a traded account show more accurate results. For American-style Asian options, the penalty method give accurate results. Meanwhile, the projected successive over-relaxation method does not converge properly for the tested parameters. Our result is a first step towards an accurate and fast method to calculate the price and the Greeks of both European- and American-style Asian options. Because good estimations of the Greeks are crucial when hedging and trading of options, we anticipate that the ideas presented in this work can lead to new ways of trading with Asian options.
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Návrh podnikového finančního plánu / A Draft of a Corporate Financial PlanBarnetová, Jana January 2020 (has links)
This master’s thesis is focused on drafting the corporate financial plan proposal for the company Formplast Purkert, s.r.o. The first part contains the theoretical basis of financial planning. The second part introduces the analyzed company and the analysis of the current condition of the company. Consequently is it proposed financial plan of company for the period 2019-2023 in the optimistic and pessimistic variant. In the final part of the thesis are evaluated both options of the financial plan.
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Návrh podnikového finančního plánu / A Draft of a Corporate Financial PlanŘehořová, Ivana January 2020 (has links)
This thesis is focused on the proposal of the company financial plan. The thesis is divided into 2 parts. The first part contains theoretical basis of financial planning, strategic and financial analysis. The practical part is focused on the evaluation of the financial health of the company using selected indicators of financial analysis. Based on the results of strategic and financial analysis is prepared financial plan for the selected company.
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Návrh podnikového finančního plánu / A Draft of a Corporate Financial PlanSakánek, Karel January 2021 (has links)
This master’s thesis is focused on a draft of a corporate financial plan. The thesis is divided into several parts. The first part describes a theoretical background needed to process the topic. Next part consists of description of a selected company and its strategic and financial analysis. This is followed by a draft of the corporate financial plan for the next four years in an optimistic and pessimistic version. Finally, an overall evaluation of the financial plan is made.
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Penzion s vinným sklepem / Pension with a wine cellarTrčka, Jan January 2014 (has links)
The subject of the thesis is the preparation of project documentation for construction of the new building boarding house with a wine cellar near the recreation area Leopoldov, the local Městyse Buchlovice. Due to the location near the attractive location with a rich tradition of folklore object at the same time offers space for a presentation and wine tasting for the public, with the possibility of organizing smaller events. For added convenience, the services offered includes the construction of a total capacity of 48 beds. The total required capacity are dealt with in two separate buildings of rectangular plan in mutually perpendicular arrangement. The visible design of both buildings respects the landscape and sensitive integration of the building into the surrounding buildings. SO-01 Wineries Object wineries (production 60.000l/rok) with a wine cellar for the production, storage and presentation of wine products, a lounge for 48 people and an accommodation for 10 persons.The building is brick, single-storey, basement, covered with a wooden roof truss attic, partially flat grass roof. SO-02 Guest house Construction of accommodation (guest house) with a capacity of 38 persons for accommodation of visitors wine cellar. The building is brick, single-storey, basement, covered with a wooden roof truss attic utilized. The property adjoining a paved parking area.
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Theory of Electronic Transport and Novel Modeling of Amorphous MaterialsSubedi, Kashi 24 May 2022 (has links)
No description available.
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Development of Radial Basis Function Cascade Correlation Networks and Applications of Chemometric Techniques for Hyphenated Chromatography-Mass Spectrometry AnalysisLu, Weiying January 2011 (has links)
No description available.
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Prediction and Classification of Physical Properties by Near-Infrared Spectroscopy and Baseline Correction of Gas Chromatography Mass Spectrometry Data of Jet Fuels by Using Chemometric AlgorithmsXu, Zhanfeng 26 July 2012 (has links)
No description available.
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Noggrannhet inom projicerad förstärkt verklighet / Accuracy within projected augmented realityRizal, Richie, Bouyaji, Raffi January 2022 (has links)
Interaktiv projicerad förstärkt verklighet är ett delområde inom projicerad förstärktverklighet, där interaktiviteten handlar om att projicera virtuelldata på en entitet somär rörlig. Denna projektion kan åstadkommas genom att använda en kalibrerad projektor-djupkamerasystem som detekterar entitet med hjälp av datorseende. Dettainteraktiva system har varierande antal tillämpningsområden, dock framkommer enkritisk problemformulering, vilket är noggrannheten för dessa system. Noggrannheten i detta fall är hur korrekt projektionen sker på den specifika entiteten, noggrannheten är därför en viktig aspekt för att validera ifall vissa tillämpningar är möjliga implementera. Lösningen för detta problem är att implementera interaktiv projicerad förstärkt verklighet och utföra prototyptester med det implementerade systemet och sedan vidare analysera noggrannheten med testdata. Prototypen kalibrerasmed befintliga verktyg från tidigare studier, detekterar med hjälp av positionsuppskattning och kan sedan projicera punkter på specifika kroppsdelar som även följerpersonen vid rörelse. Resultatet som framkom blev en prototyp som testades för noggrannheten. Testernasker med hjälp av datorseende för att extrahera mätdata såsom projicerade punktenoch förväntade punkten. Från analysen av testdata framkom det att projektionensnoggrannhet är lämplig för tillämpningar som inte kräver exceptionell noggrannhet,såsom nöje, konst, spel och med mera. Ytterligare forskning krävs för användningsområden som kräver exceptionell noggrannhet som tillämpningar inom sjukvård ochkirurgi. / Interactive projected augmented reality is a subfield within projected augmented reality, where the interactivity is about projecting virtual data onto an entity that canpotentially be in movement. This projection can be accomplished by using a calibrated projector-depth camera system that detects entities using computer vision.This interactive system has a varying number of application areas; however, a criticalproblem emerges, which is the accuracy of these systems. The accuracy in this caseis how correctly the projection takes place on the specific entity, the accuracy istherefore an important aspect to validate if certain applications are possible to implement correctly. The solution for this problem is by implementing interactive projectedaugmented reality and perform prototype tests with the implemented system andthen further analyzing the accuracy with test data. The prototype is calibrated withexisting tools from previous studies, detects using pose detection, which can thenproject points on specific body parts that also follows the person during movement.The result that got developed was a prototype that was tested for accuracy. The testsare done using computer vision to extract measurement data such as the projectedpoint and the expected point. The result from the analysis of the test data showedthat the accuracy of the projection is suitable for applications that do not requireexceptional accuracy, such as entertainment, art, games and so on. Further research is required for applications that require exceptional accuracy such ashealthcare and surgical applications.
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Núcleos transicionais na região de A=130 / Transitional Nuclei in the region of A = 130Rizzutto, Marcia de Almeida 21 January 1994 (has links)
Com o objetivo de ampliar o conhecimento da estrutura dos núcleos duplamente ímpares da região de massa A = 130- 140, foram medidos os estados de spin elevado do ANTIPOT. 138 Pr, que se aproxima da camada fechada N = 82, através de técnicas de espectroscopia y em linha utilizando a reação ANTPOT. 128 Te (ANTIPOT. 14 N,4ny). Pela primeira vez, três bandas rotacionais foram observadas neste núcleo. Uma análise teórica da sistemática desta região foi feita com base nos modelos de \"Cranking Shell Model\" e \"Projected Shell Model\". De um modo geral, uma boa concordância foi obtida entre os resultados experimentais e teóricos. O primeiro modelo indica a coexistência de formas no ANTIPOT. 138 Pr (N=79}, enquanto o segundo sugere forma unicamente oblata. Por outro lado, os dois modelos prevêm uma transição de forma de prolato (N = 73) para oblato (N = 79) passando por uma região de triaxialidade em torno de N = 77. / With the view of extending the systematics of the odd-odd, A = 130 - 140 mass region nuclei towards the N =82 closed shell, high spin states in 138Pr nucleus have been investigated with the 128 Te(l4N,4n7) reaction, using on-line 7-ray spectroscopy techniques. For the first time three rotational bands were observed in this nucleus. A theoretical analysis of the mass region A = 130 - 140 was carried out with the Cranking Shell Model and the Projected Shell Model. Generally speaking, a good agreement was obtained between the experimental and the theoretical results. The first model indicates a shape coexistence in the 138 Pr (N =79) nucleus, while the second one shows an oblate shape. On the other hand, both models suggest a shape transition from prolate (N=73) to oblate (N=79) passing through a triaxial region around N=77.
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