Hededge funds Essay Example | Topics and Well Written Essays - 1750 words

Hededge funds - Essay Example Summary of Data The data used for this exercise consists of monthly returns and Assets under Management (AUM) over a period of ten years (September 1999 – August 2009) for over 28 hedge funds. The information on these sample hedge funds was obtained from the EurekaHedge database which stores information on over 21,000 hedge funds. The sample hedge funds follow one of the following strategies typical of financial institutions operating in this domain: Long/Short Equities CTA/Managed Futures Multi-Strategy Arbitrage The table below details results of the results from the Monte Carlo and the Historical simulation methods using the sample data. Historical Monte Carlo             prob Not Losing prob Number of run > 50% Not losing Not Losing prob Number of run > 50% Drift SD Mean    98.90% 9814 13.05% 1,354 98.95% 9865 13.10% 1319 0.45% 1.59% 0.46% Arbitrage 86.56% 8600 53.01% 5,363 86.02% 8532 53.20% 5371 0.76% 5.63% 0.92% CTA/Managed Futures 87.53% 8729 58.98% 5,944 85. 10% 8434 56.77% 5779 0.86% 6.65% 1.08% Multi-Strategy 86.98% 8611 55.45% 5,595 87.10% 8661 52.53% 5331 0.74% 5.19% 0.88% Long/Short Equities The above results show that the mean monthly returns (lowest to highest) for each fund class are 0.46% (Arbitrage), 0.88% (Long-Short Equities), 0.92% (CTA-Managed Futures) and 1.08% (Multi-Strategy). The dispersion (Standard Deviation - SD) of returns among these fund classes follows the same order suggesting that Arbitrage funds have the lowest mean and the lowest SD while Multi-Strategy funds exhibit the highest mean and highest SD. Summary of Approaches used The analysis uses both the Monte Carlo and the Historical simulation methods for answering the key questions listed previously. The Monte Carlo Simulation method depends on the formulation of an appropriate model that can suitably explain and analyze the monthly returns used as input for this analysis. To model the behaviour of these monthly returns, the concept of geometric Brownian Mo tion (BM) was specified (Rubinstein, 2008). The BM used in this context is a Markov Process which simply means that the monthly returns follow a random walk and exhibit behaviour consistent with the weak form of the EMH (Efficient Market Hypothesis) (Robert, 2004). This implies that the Monte Carlo method in this case utilizes the fact that movements in monthly returns are conditionally independent from such movements during previous periods. Under the Monte Carlo Method, a number of iterations for each test case was conducted to analyze the deterministic model configured using a sequence of random numbers generated as inputs. This simulation technique is especially useful when modelling non-linear, uncertain and complex parameters (Hammersley, 2005). On an average, the current simulations utilize between 5500 and 9000 iterations under any given test case. The Historical Simulation method, also known as back simulation, is part of the Value at Risk (VaR) approach which also utilizes a large number of iterations like the Monte Carlo method. As the name suggests, the Historical method depends on past information on monthly returns (unlike the Monte Carlo method that depends on random input) and simulates useful results through the construction of a CDF (Cumulative Distribution Function) of these monthly returns over time) (Dowd, 2009). Key Findings Monte Carlo Method On the question of the chances of

Crime and Criminology Essay Writing

Crime and Criminology Essay WritingCrime has been an ever-present problem in the history of mankind. It is believed that the concept of crime itself has a history. The first crime was generally 'witch hunting' and was widely practiced during ancient times. As time passed, many other criminal activities took place such as kidnapping, rape, arson, etc.Before we go too far back in history, we have to take a step forward to explore the realm of past crimes and how they were solved. People around the world suffered at the hands of organized crime. There are various types of crimes ranging from simple thefts to murders, which may seem to be senseless and unrealistic to us.From thousands of years ago, society had a way of thinking and deciding on how to deal with crimes. Most people knew when someone had committed a crime because they had a face. It was a well known thing in their society to confront criminals at least once. Criminal justice in the beginning was based on the arrest, arraign ment, and court cases.In the United States of America, we must understand that a crime has been rampant throughout our history. There have been many instances when a person has been wrongly accused and had to pay a hefty sum of money as well as being executed. Many countries have been subject to serious crimes including murder, rape, kidnappings, torture, arson, etc. People have been killed by thieves, by innocent people, and by themselves.Many criminals make use of disguises and even fake identities when committing crimes. They will try to cover up their faces and identities so that no one will be able to recognize them. Also, a criminal may also conceal what he/she is carrying and what he/she is wearing. Often, an armed robber will disguise himself as a stranger so that he/she may not be caught. All these factors make it difficult for police officers and other authorities to solve crimes.Crime has been prevalent since antiquity. Once upon a time, there were many battles fought ove r ownership of certain territories. If a man had a good support base, then that person would have the upper hand in any fighting. There were many wars fought over territories and many thieves used to rob others for their wealth.It is now true that society has largely adopted a philosophy of crime, punishment, and criminal justice. However, this system was once flawed and people were often wrongly accused of crimes.

What You Do Not Know About Medical Terminology Research Paper Topics

What You Do Not Know About Medical Terminology Research Paper Topics Ideas, Formulas and Shortcuts for Medical Terminology Research Paper Topics An excellent approach to develop novel and one of a kind idea is to scout internet or learn the hottest topic in the news. You ought to be thinking about it at the beginning of the program. You're likely to be working on your topic for quite a while, so choose one which you find interesting and engaging or that motivates you to have a position. You receive your topic and paper in time and free up time for some other activities. Choosing Good Medical Terminology Research Paper Topics On the flip side, inequality might have a positive impact on performance by supplying incentives. Your paper must have a wholly one-sided conclusion stating your own stance is good while that of your opponent is entirely bad. Sometimes controversial issues can be intriguing to explore. Researching any issue about government or laws can get overwhelming because of the intricacy of the issues and even on account of the wording of some laws. Medical Terminology Research Paper Topics - Is it a Scam? You want to know more about the most efficient rehabilitation methods for that sort of injury, or a comparison of two methods. Physical therapy is a rather beneficial portion of the health field. Physical therapists care for folks of all ages who have functional difficulties. If you aren't able to comprehend and or speak the terminology, you might be a danger to patients. New Ideas Into Medical Terminology Research Paper Topics Never Before Revealed Frequently, a distinction between both research types is framed regarding using close-end questions as opposed to the open-ended ones or using words rather than numbers. For instance, some assignment prompts enable you to include footnotes, while others forbid them. You will not just be in a position to put forth your ideas in best possible fashion however, you will also delight in writ ing it. Most medical terms is composed of Greek and Latin roots. So, first of all, a college research paper has to be informative. The research incorporates the outcomes of several interviews that were held in the shape of conversation as a way to set a high degree of confidence between the researcher and the respondent. The wide range of health research papers topics may confuse many students, and if you buy an opportunity to settle on a topic independently, you should evaluate your abilities and brainstorm ideas to create the right choice. Greatest college research paper topics are those that are original. Luckily for us, there's no lack of such topics as several issues raise discussion in the health care research community. Knowledge of health terms is quite significant in the health care field. By taking a look at a well-written case of research proposal paper, you will learn that topics which are too broad can be challenging to manage as you will probably have differe nt, and frequently conflicting, ideas on how best to tackle the issue. There's a quantity of powerful research paper topics for the most intriguing regions of investigation. If you believe writing of a research paper is simply about gathering relevant materials and copy-pasting then in another document, you're mistaken. To simplify, utilize the next diagram whenever you have to work on a research paper. A research paper involves surveying a field of knowledge to be able to get the best possible info in that area. It is a very serious form of academic writing. It's simple to locate a college research paper writing service which provides project work, but if you buy from 123TermPapers. Our writers in the health care field provide updated research with the latest peer reviewed information to generate every medical wellness paper we generate a quality, publishable work. Our healthcare research papers are written by our qualified and knowledgeable writers that are experts in their various fields. If a student plans to develop into a distinguished author of the health-related literature, it's important to select several relevant healthcare research issues and conduct independent studying to provide new solutions to the present problems. Do not select a research paper topic that's rather hard to research about. Research Paper isn't a task for a single day. A research paper is generally the very first step for students to acquire funding for their project, so it's essential to create a thoughtful and deep paper. A research paper that concerns scientific issues isn't only a free-style essay where you are able to tell readers whatever you desire.

The Basic Facts of Korean Cultural Analysis Essay Topics

The Basic Facts of Korean Cultural Analysis Essay Topics Husband and wife do not talk a whole lot because Japanese people don't directly reveal their emotions and feelings to others that were regarded as the absolute most secret portion of individuals. They did not appreciate people who aren't wearing their very own cultural dress. However, a number of the early African Americans never got the opportunity to understand how to read and write. Korean students are somewhat more responsible in their studies and they aren't utilized to distract on other things. To embrace a broader array of people, Korean production businesses need to come up with creative and intriguing scenarios in many genres. It isn't a secret that films reflect culture of distinct countries. Many customs in the united states are much like the customs of my country, Korea. The culture gives solution to the crucial problem that's faced to community. The variety of these kinds of cultures is decreasing slowly. Our society and world generally become increasingly more culturally diverse and cosmopolitan. Korea pop music has also taken a big function of the Korean Wave from the start. These contemporary technologies have exposed every culture to the entire world. Korean Cultural Analysis Essay Topics - the Story Thus, it's the best choice to purchase from the stores immediately. Its products are ensured start-from-scratch originals. As a consequence, Korean products raised their very own value also. The 5-Minute Rule for Korean Cultural Analysis Essay Topics Topics can change depending on your majors. That is the reason why it is so interesting to write Korea essays. Analysis essays are known to be among the hardest to write. To calculate the entire financial impacts, but the exportation of cultural industry isn't fully happy. An analysis essay is a type of persuasive essay. Tackle as many essays as possible and cement your spot among the renowned essay writers on the planet. What's more, you've rather a critical mission if you're assigned to compose a cultural analysis essay. It is recommended to look for the one which has a great reputation and offers high-quality papers at very affordable prices. There are lots of subjects you may select from for a descriptive essay. There are many possible compare and contrast essay topics, and a number of them are difficult to perform. In fact, there are a lot of descriptive essay topics out there that it's rather difficult to choose only one. High school isn't free in Kenya. Education is the fundamental need of human. Therefore, many students and employees decide to get affordable essay rather than writing it themselves. The cost of an essay depends upon the total amount of effort the writer has to exert. It is crucial to choose a minumum of one example and create a paragraph with the counter-argument too. Usually, such an essay includes an introduction, a couple of body paragraphs, and a conclusion. Definition essay is a kind of writing which demands the writer to come up with and explain their private characterization of a notion. Religion is really the most important in cultural society. The Koran Wave began to link Asian regions in a massive boundary of cultural kinship. Although, the creativity without knowledge doesn't bring any positive aspects. Essays on cultural differences If you go for this option, you are going to have to compare two particular cultures. Language is the main cause of culture. It is one of the most important forms of material culture, without language there is no concept of culture.

Network design Coursework Example | Topics and Well Written Essays - 1500 words

Network design - Coursework Example The following is an analysis of the new network design solution for the Storage and Logistics Company: BACKGROUND DESCRIPTION Scenario: The business scenario of this analysis is based on a storage and logistics company located in London. The company has twenty vans that make deliveries in the Greater London area. The company also has one warehouse located directly outside of London. In this case the company goal is to offer temporary storage and delivery to customers with the best quality of service. Company Profile: The Storage and Logistics Company is a warehousing and delivery corporation located in London. This corporation was first established in 1932. It manages the flow of goods and information for several prominent clients. The company has eight warehouse locations including seven in the surrounding Greater London area and one located directly outside of London. The current warehouse borough locations are Harrow, Hounslow, Kensington and Chelsea, Waltham Forest, Sutton, Lewis ham, and Barking and Dagenham. The United Kingdom location is Sunbury. The company operates on a mid-sized level employing four-thousand, five hundred employees corporation wide. Of these five employ three delivery vans, two employ two, and one employs one. Competition Evaluation: Based on what information will go into this case the United Parcel Service and Federal Express could initially be competitors for this company. These companies employ the same geographical techniques that will be employed by the Storage and Logistics Company. REQUIREMENT ANALYSIS Currently, storage and logistics companies need to establish a system that is of low cost. These systems also need to allow the company to expand with the growth of demand. The information technology (IT) system that the company uses should possess the following qualities as directly cited by the IDC (2006: 1): 1. Simple and scalable solutions for painless and low cost storage consolidation that also accommodates the performance r equirements of diverse application. 2. Intelligent storage solutions that enhance the reliability and pace of data migration and data protection across multiple tiers of storage. 3. Storage management systems that boost IT staff efficiency and reduce the time required for administrators to configure and manage expanding storage assets. These strategies toward technologies will allow the client to grow at any desirable rate by while being able to manage large and complex accounts. An upgrade in technology will enable the company to track and deliver the desired accurate information for the client at better than acceptable speeds. Competitiveness from this aspect will be unmatched due to efficient and reliable transportation of data. NETWORK ARCHITECTURE AND DESIGN For the purposes of the intended company functions, several implementations should be made on all tiers. These implementations should be established in order to centralize all company data and extend the reach of all compan y departments. The following are the suggested IT upgrades for the Storage and Logistics Company: 1. A wireless scanners and data input systems should be implemented in all storage facilities. 2. A Delivery Information Acquisition device (DIAD) IV should be implemented into all delivery vans. 3. An online transaction processing system (OLTP) should be arranged for the new IT system. 4. An Extended Enterprise Resource Planning System (ERP) should be integrated into the company’