Thesis (doctoral)--Universitāt Rostock.

Thesis (doctoral)--Universität Marburg.

This study has been conducted in order to determine the existence of predictability for the Stockholm stock exchange. With this purpose the random walk theory has been raised against the theory of mean reversion in order to determine which theory is the most substantial. Data has been collected from Nasdaq OMX Nordic and furtherly been processed using the statistical software EViews. Swedish listed companies’ daily share values between 2000-2014 have been analyzed using two tests; an Augmented Dickey Fuller test and a Variance Ratio test. The results show generally that the null hypothesis - and thus the random walk - is rejected in the short term. This means that both on an aggregated level and on an individual level, the Stockholm stock exchange is predictable in the short term - in the form of mean reversion - and that it is most evident in small cap firms.

This thesis investigates the long-run stability of Cointegrated pairs in the Swedish Equity Market. Stability is evaluated by estimating pairs in an in-sample period then rolling the win- dow forward. A Pairs Trading strategy is then applied to the estimated pairs and traded out-of-sample. The relationships are found to diminish over time and most break o. Negative compound annual growth rates are obtained for the period. However there are enough lasting cointegrating relationships for the strategy to be applicable but the returns are highly dependent on the complexity of the trading rules.

This paper assesses the aspect of market neutrality for a pairs trading strategy built on cointegration. This was conducted by evaluating the strategy?s performance during a negative market environment, 2007-06-01 to 2008-12-30, and a positive market environment, 2013-05-31 to 2014-12-30, for the stocks listed in the OMXS30 index. The results indicate market neutrality and that profitability of pairs trading is higher in prolonged periods of turbulence.

After reversion of Canal ownership from the U.S. to Panama in 1999, the construction of Panamanian national identity became deeply tied to notions of development. This thesis explores how the discourse of development is created, circulated and negotiated through important Panamanian cultural institutions. It shows how race and raced bodies became the dominant site for the negotiation of Panamanian national identity in the post-Reversion era. This discourse of development promotes the “myth of mestizaje”—a myth that the nation is homogeneous and without racial difference. Through the example of Panama, we perceive the cracks in the global notion of development as “common sense” and uniformly experienced. / text

This paper provides methods to select pairs potentially profitable within the frame of statistical arbitrage. We employ a cointegration approach on pairwise combinations of five large energy companies listed on the New York Stock Exchange for the period 27th September 2012 to 22nd April 2014. We find one cointegrated pair, for which we further investigate both short and long run dynamics. A vector-error correction model is constructed, supporting a long run relationship between the two stocks, which is also supported by the mean-reverting characteristic of a stationary linear combination of the stocks. Impulse response functions and variance decomposition are also studied to further describe the interrelation of the stocks, supporting a unidirectional causality between the stocks.

Introduction: Classifications such as Mild Cognitive Impairment (MCI) and Cognitive Impairment, No Dementia (CIND) are thought to represent the transitory, pre-clinical phase of dementia. However, increasing research demonstrates that MCI and CIND represent nonlinear and unstable entities that do not always lead to imminent dementia. Despite an increase in research examining patterns and predictors of cognitive impairment classification stability, this concept is still poorly understood, and the research remains limited. The present study was designed to address the existing limitations within the literature by utilizing a longitudinal repeated measures design to gain a more thorough understanding of CIND classification stability patterns, as well as identify predictors of future stability. Objectives: The objectives were to i) explore patterns of longitudinal stability in cognitive status across multiple assessments, and ii) investigate whether select baseline variables could predict 6-year cognitive status stability patterns. Methods: Participants included 259 older adults from Project MIND, a six-year longitudinal repeated measures design in which participants were classified as either Normal Cognition (NC) or CIND at each assessment. A latent transition analysis approach was adapted in order to identify and characterize transitions in CIND status across annual assessments. Participants were classified as either Stable NC, Stable CIND, Progressers, Reverters, or Fluctuaters. Multinomial logistic regression was then employed to test whether baseline predictors were associated with cognitive status stability patterns. Results: The sample demonstrated high rates of reversion and fluctuation in CIND status across years of study. Additionally, premorbid IQ, total number of medications, presence of arthritis, and CIND severity at baseline were all significantly associated with select CIND stability outcomes. Conclusion: CIND status was unstable for several years following baseline assessment, and factors such as cognitive reserve may delay or protect against demonstrable cognitive impairment. Further, considering cognitive impairment severity (i.e., single versus multidomain impairment) at the time of initial classification may improve CIND classifications. Continued research on CIND stability is recommended to improve classification methodology and provide a framework for future identification and prevention. / Graduate

My diploma thesis is engaged in position of Okinawa within the frame of the postwar Japanese-American relations, in a context of military bases, local and central government and security policy. The thesis is divided into several thematic parts - Japanese-Okinawan relations in modern period, circumstances of the battle of Okinawa, post-war American administration, process of reversion of Okinawa, Okinawa within the Cold War period, and Okinawa from end of bipolar world period in 1989 up to present. Thesis describes the three- way relationship between Okinawa, Japan and United States from economic, cultural and political viewpoint, all with regard to the ever-present military bases. Keywords Okinawa, Japanese-American relations, reversion.

This study is an analysis of the effects of formaldehyde, a chemical which is both recombinogenic and mutagenic, on white-ivory (wi) a highly mutable allele of the white locus of Drosophila. Formaldehyde is shown to significantly increase the reversion frequency of wi. The results of this investigation differ from earlier observations in three respects: (1) there is a positive correlation between RNA (ribonucleic acid) concentration and reversion frequency in the presence of formaldehyde, but reversion does not appear to be totally RNA dependent; (2) female germ cells are more sensitive than those of the male; and ( 3) a cluster of revertants has been recovered. These indicate that formaldehyde-induced wi reversion may involve a different mechanism than that proposed for formaldehyde-induced sex-linked lethals. Different mechanisms have been proposed to account for the induction of sex-linked lethals and for the increase in recombination. Formaldehyde-induced reversion of white-ivory follows the parameters of recombination.