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Open Access
Article
Publication date: 19 May 2023

Emmanuel Asafo-Adjei, Anokye M. Adam, Peterson Owusu Junior, Clement Lamboi Arthur and Baba Adibura Seidu

This study investigates information flow of market constituents and global indices at multi-frequencies.

Abstract

Purpose

This study investigates information flow of market constituents and global indices at multi-frequencies.

Design/methodology/approach

The study’s findings were obtained using the Improved Complete Ensemble Empirical Mode Decomposition with Adaptive Noise (I-CEEMDAN)-based cluster analysis executed for Rényi effective transfer entropy (RETE).

Findings

The authors find that significant negative information flows among sustainability equities (SEs) and conventional equities (CEs) at most multi-frequencies, which exacerbates diversification benefits. The information flows are mostly bi-directional, highlighting the importance of stock markets' constituents and their global indices in portfolio construction.

Research limitations/implications

The authors advocate that both SE and CE markets are mostly heterogeneous, revealing some levels of markets inefficiencies.

Originality/value

The empirical literature on CEs is replete with several dynamics, revealing their returns behaviour for diversification purposes, leaving very little to know about the returns behaviour of SE. Wherein, an avalanche of several initiatives on Corporate Social Responsibility (CSR) enjoin firms to operate socially responsible, but investors need to have a clear reason to remain sustainable into the foreseeable future period. Accordingly, the humble desire of investors is the formation of a well-diversified portfolio and would highly demand stocks to the extent that they form a reliable portfolio, especially, amid SEs and/or CEs.

研究目的

本研究擬審查多頻率的及為市場成份的信息流和全球指數。

研究設計/方法/理念

研究人員使用基於改良完全集合經驗模態分解自適應噪聲(Improved Complete Ensemble Empirical Mode Decomposition with Adaptive Noise)的聚類分析法,取得Rényi有效轉移熵,藉此得到研究結果。

研究結果

我們發現、於大部份多頻率,在持續性股票和傳統股票間有顯著的負信息流動,這會增加多樣化的益處。這些信息流大部份是雙向的,這強調了股票市場成份及其全球指數在構建投資組合上的重要性。

研究的局限/啟示

我們認為持續性股票市場和傳統股票市場大多為異質市場,這顯示了市場的低效率,而且這低效率的程度頗大。

研究的原創性/價值

關於傳統股票的實證性文獻裡是充滿了變革動力的,這顯示了它們以多樣化為目的的回報行為。這使我們對關於持續性股票的回報行為、認識變得實在太少了。於此,大量的企業社會責任的新措施不斷提醒各公司、要本著企業社會責任的理念去營運;但投資者需清晰明白他們為何需在可見的將來保持可持續性。因此,他們卑微的願望是一個較好的多樣化投資組合得以形成,故此他們高度要求股票要有組成可靠投資組合的性質和能力,特別是在持續性股票和/或傳統股票當中。

Details

European Journal of Management and Business Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2444-8451

Keywords

Article
Publication date: 1 September 2001

Bernhard Brandstätter, Hermann Scharfetter and Christian Magele

Electrical impedance tomography (EIT) is a non‐invasive method to monitor conductivity changes in regions of the human body. Its robust, miniaturizable instrumentation makes EIT…

Abstract

Electrical impedance tomography (EIT) is a non‐invasive method to monitor conductivity changes in regions of the human body. Its robust, miniaturizable instrumentation makes EIT particularly suitable for online‐monitoring without too much inconvenience for the patient. A major methodological problem is the poor quality of the conductivity images, which is due to the low spatial resolution and low sensitivity for structures far away from the object’s surface as well as large qualitative errors in the reconstructed conductivity values. This paper outlines the advantages of multi‐frequency EIT for a simple two‐dimensional model. In the first part of the paper we assume that some a priori information from MR images is at hand, providing good starting values for the reconstruction process, while in the second part it is assumed that no a priori information about regions of different material values is available.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 20 no. 3
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 30 October 2018

Long Thanh Cung, Nam Hoang Nguyen, Pierre Yves Joubert, Eric Vourch and Pascal Larzabal

The purpose of this paper is to propose an approach, which is easy to implement, for estimating the thickness of the air layer that may separate metallic parts in some…

Abstract

Purpose

The purpose of this paper is to propose an approach, which is easy to implement, for estimating the thickness of the air layer that may separate metallic parts in some aeronautical assemblies, by using the eddy current method.

Design/methodology/approach

Based on an experimental study of the coupling of a magnetic cup core coil sensor with a metallic layered structure (consisting of first metal layer/air layer/second metal layer), which is confirmed by finite element modelling simulations, an inversion technique relying on a polynomial forward model of the coupling is proposed to estimate the air layer thickness. The least squares and the nonnegative least squares algorithms are applied and analysed to obtain the estimation results.

Findings

The choice of an appropriate inversion technique to optimize the estimation results is dependent on the signal-to-noise ratio of measured data. The obtained estimation error is smaller than a few percent, for both simulated and experimental data. The proposed approach can be used to estimate both the air layer thickness and the second metal layer thickness simultaneously/separately.

Originality/value

This model-based approach is easy to implement and available to all types of eddy current sensors.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 38 no. 1
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 25 January 2011

Y. Volkan Pehlivanoglu and Oktay Baysal

The purpose of this paper is to develop a new genetic optimization strategy which provides computationally more efficient and accurate solutions, and to provide practically…

Abstract

Purpose

The purpose of this paper is to develop a new genetic optimization strategy which provides computationally more efficient and accurate solutions, and to provide practically applicable optimization method in radar cross‐section (RCS) minimization problems.

Design/methodology/approach

The problem of RCS minimization for three‐dimensional air vehicle is considered. New computationally efficient optimization tool; neural networks (NNs) coupled multi‐frequency vibrational genetic algorithm (NN‐coupled VGAm) is based on genetic algorithm (GA) search strategy together with NNs. The results include RCS minimization problem of an air vehicle under structural and aero dynamical‐related geometry constraints.

Findings

For the demonstration problem considered, remarkable reduction in the computational time has been accomplished.

Research limitations/implications

The results reported in this paper suggest an efficient GA optimization methodology for engineering problems.

Originality/value

Owing to reduction in computational time, the new method provides a shorter design cycle for engineering problems.

Details

Aircraft Engineering and Aerospace Technology, vol. 83 no. 1
Type: Research Article
ISSN: 0002-2667

Keywords

Article
Publication date: 16 November 2010

Fabrizio Ferraioli, Alessandro Formisano, Raffaele Martone and Francesco Iacotucci

The purpose of this paper is to present a new approach to drive the excitation field sources in the eddy current testing (ECT) of tubular conductive structures.

Abstract

Purpose

The purpose of this paper is to present a new approach to drive the excitation field sources in the eddy current testing (ECT) of tubular conductive structures.

Design/methodology/approach

The magnetic field used for ECT is generated by pairs of counter‐series connected coils, driven by AC currents. The phase and amplitude of the currents is electronically controlled in order to shape the primary field map, allowing circumferential sweeps until the presence of defects is detected, and then “focusing” the field on the defective section of the tube, increasing in this way the sensibility of the ECT probes in the targeted area, in order to determine with higher precision, the position, and the shape of the defect.

Findings

If suitably designed, the field measurement system allows to enable/disable a number of probes to enhance the resolution in the defect area while keeping low the number of required data channels.

Research limitations/implications

The analyzed geometry is limited to circular‐shaped tubes, of infinite extent. Future work should be on the extension of the methodology to general shapes, and to finite length cylinders.

Practical implications

The proposed method allows to enhance resolution in ECT of tubes at the end of production lines, guaranteeing a first, simple yet effective quality assessment of tubes in industrial environments.

Originality/value

The paper presents a new technique to test conductive tubes using fixed excitation system, but allowing to focus magnetic field in defective regions. The method could be helpful for industrial diagnostics.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 29 no. 6
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 25 June 2019

Nirmal Kumar Manna, Nirmalendu Biswas and Pallab Sinha Mahapatra

This study aims to enhance natural convection heat transfer for a porous thermal cavity. Multi-frequency sinusoidal heating is applied at the bottom of a porous square cavity…

Abstract

Purpose

This study aims to enhance natural convection heat transfer for a porous thermal cavity. Multi-frequency sinusoidal heating is applied at the bottom of a porous square cavity, considering top wall adiabatic and cooling through the sidewalls. The different frequencies, amplitudes and phase angles of sinusoidal heating are investigated to understand their major impacts on the heat transfer characteristics.

Design/methodology/approach

The finite volume method is used to solve the governing equations in a two-dimensional cavity, considering incompressible laminar flow, Boussinesq approximation and Brinkman–Forchheimer–Darcy model. The mean-temperature constraint is applied for enhancement analysis.

Findings

The multi-frequency heating can markedly enhance natural convection heat transfer even in the presence of porous medium (enhancement up to ∼74 per cent). Only the positive phase angle offers heat transfer enhancement consistently in all frequencies (studied).

Research limitations/implications

The present research idea can usefully be extended to other multi-physical areas (nanofluids, magneto-hydrodynamics, etc.).

Practical implications

The findings are useful for devices working on natural convection.

Originality/value

The enhancement using multi-frequency heating is estimated under different parametric conditions. The effect of different frequencies of sinusoidal heating, along with the uniform heating, is collectively discussed from the fundamental point of view using the average and local Nusselt number, thermal and hydrodynamic boundary layers and heatlines.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 10
Type: Research Article
ISSN: 0961-5539

Keywords

Open Access
Article
Publication date: 1 April 2021

Arunit Maity, P. Prakasam and Sarthak Bhargava

Due to the continuous and rapid evolution of telecommunication equipment, the demand for more efficient and noise-robust detection of dual-tone multi-frequency (DTMF) signals is…

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Abstract

Purpose

Due to the continuous and rapid evolution of telecommunication equipment, the demand for more efficient and noise-robust detection of dual-tone multi-frequency (DTMF) signals is most significant.

Design/methodology/approach

A novel machine learning-based approach to detect DTMF tones affected by noise, frequency and time variations by employing the k-nearest neighbour (KNN) algorithm is proposed. The features required for training the proposed KNN classifier are extracted using Goertzel's algorithm that estimates the absolute discrete Fourier transform (DFT) coefficient values for the fundamental DTMF frequencies with or without considering their second harmonic frequencies. The proposed KNN classifier model is configured in four different manners which differ in being trained with or without augmented data, as well as, with or without the inclusion of second harmonic frequency DFT coefficient values as features.

Findings

It is found that the model which is trained using the augmented data set and additionally includes the absolute DFT values of the second harmonic frequency values for the eight fundamental DTMF frequencies as the features, achieved the best performance with a macro classification F1 score of 0.980835, a five-fold stratified cross-validation accuracy of 98.47% and test data set detection accuracy of 98.1053%.

Originality/value

The generated DTMF signal has been classified and detected using the proposed KNN classifier which utilizes the DFT coefficient along with second harmonic frequencies for better classification. Additionally, the proposed KNN classifier has been compared with existing models to ascertain its superiority and proclaim its state-of-the-art performance.

Details

Applied Computing and Informatics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2634-1964

Keywords

Article
Publication date: 1 October 2003

Barend van den Bos, Stefan Sahlén and Joakim Andersson

Eddy current testing is a frequently used NDT method at Saab/CSM but recently only single frequency testing has been used. The purpose of our work was to increase both testing…

Abstract

Eddy current testing is a frequently used NDT method at Saab/CSM but recently only single frequency testing has been used. The purpose of our work was to increase both testing speed and sensitivity by using multi‐frequency eddy current testing combined with a scanning system for corrosion detection in multi‐layered structures. The wing of the Saab 2000 aircraft was one specific example for which several samples were manufactured with both artificial (chemically etched) corrosion of various severity and cracks. Using previously determined optimal single frequency as a start, frequency combinations were determined to give increased detectability for the different structures and defects. The influence of different disturbing signals, e.g. signals from rivets, thickness variations, noise, and how to reduce them using the multi‐frequency technique was studied. Tests were also made in “field” conditions to evaluate the system.

Details

Aircraft Engineering and Aerospace Technology, vol. 75 no. 5
Type: Research Article
ISSN: 0002-2667

Keywords

Article
Publication date: 6 February 2020

Suresh Akkole and Vasudevan N.

Application of electromagnetic band gap (EBG) i.e. electromagnetic band gap technique and its use in the design of microstrip antenna and MIC i.e. microwave integrated circuits is…

Abstract

Purpose

Application of electromagnetic band gap (EBG) i.e. electromagnetic band gap technique and its use in the design of microstrip antenna and MIC i.e. microwave integrated circuits is becoming more attractive. This paper aims to propose a new type of EBG fractal square patch microstrip multi band fractal antenna structures that are designed and developed. Their performance parameters with and without EBG structures are investigated and minutely compared with respect to the resonance frequency, return loss, a gain of the antenna and voltage standing wave ratio.

Design/methodology/approach

The fractal antenna geometries are designed from the fundamental square patch and then EBG structures are introduced. The antenna geometry is optimized using IE3D simulation tool and fabricated on low cost glass epoxy FR4, with 1.6 mm height and dielectric materials constant of 4.4. The prototype is examined by means of the vector network analyzer and antenna patterns are tested on the anechoic chamber.

Findings

Combining the square fractal patch antenna with an application of EBG techniques, the gain of microstrip antenna has been risen up and attained good return loss as compared to the antennas without EBG structures. The designs exhibit multi-frequency band characteristics extending in between 1.70 and 7.40 GHz. Also, a decrease in antenna size of 34.84 and 59.02 per cent for the first and second iteration, respectively, is achieved for the antenna second and third without EBG. The experimental results agree with that of simulated values. The presented microstrip antenna finds uses in industrial, scientific and medical (ISM) band, Wi-Fi and C band. This antenna can also be used for satellite and radio detection and range devices for communication purposes.

Originality/value

A new type of EBG fractal square patch microstrip antenna structures are designed, developed and compared with and without EBG. Because of the application of EBG techniques, the gain of microstrip antenna has been risen up and attained good return loss as compared to the antennas without EBG structures. The designs exhibit multi-frequency band characteristics extending in between 1.70 and 7.40 GHz, which are useful for Wi-Fi, ISM and C band wireless communication.

Details

International Journal of Pervasive Computing and Communications, vol. 17 no. 2
Type: Research Article
ISSN: 1742-7371

Keywords

Article
Publication date: 13 September 2011

A. Kapusta, A. Levy and B. Mikhailovich

The purpose of this paper is to determine technological potential of using multi‐frequency electromagnetic fields for the optimization of induction heating process.

Abstract

Purpose

The purpose of this paper is to determine technological potential of using multi‐frequency electromagnetic fields for the optimization of induction heating process.

Design/methodology/approach

The aim of the research is achieved by using phase‐modulated current feeding the solenoid that excites the magnetic field. In this case, the magnetic field, side by side with the carrier frequency, contains frequency spectrum arising due to modulation. At that, spectral components possess different penetration depths, which ensures a more uniform current density distribution over the cross‐section of the heated object. The results are obtained using theoretical analysis of electrodynamic and thermal processes in the heated body.

Findings

In the course of the work, a basic possibility of the objective realization is established, and its high enough efficiency is achieved using a sufficiently large range of modulation parameters.

Practical implications

The described method can significantly improve the technology of thermal treatment of metals and alloys liable to the formation of surface defects due to extreme temperature stresses.

Originality/value

The novelty of the paper consists in the use of phase‐modulated currents in induction heating.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 30 no. 5
Type: Research Article
ISSN: 0332-1649

Keywords

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