Gehäusematerial: EdelstahlBandmaterial: EdelstahlBandfarbe: SilberfarbenGlasart: HardlexglasZifferblattfarbe: SchwarzUhrtyp: SolarVerschluss: FaltschließeWasserdichte: 10 BarGehäusedurchmesser: 43,2 mm Features: Chronograph up to 60 minutes in 1/20 second increments Date display Overcharge prevention function Screw case back
Master's Thesis from the year 2013 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,7, University of Mannheim, language: English, abstract: The commodity futures contract is an agreement to deliver a specific amount of commodity at a future time . There are usually choices of deliverable grades, delivery locations and delivery dates. Hedging belongs to one of the fundamental functions of futures market. Futures can be used to help producers and buyers protect themselves from price risk arising from many factors. For instance, in crude oil commodities, price risk occurs due to disrupted oil supply as a consequence of political issues, increasing of demand in emerging markets, turnaround in energy policy from the fossil fuel to the solar and efficient energy, etc. By hedging with futures, producers and users can set the prices they will receive or pay within a fixed range. A hedger takes a short position if he/she sells futures contracts while owning the underlying commodity to be delivered; a long position if he/she purchases futures contracts. The commonly known basis is defined as the difference between the futures and spot prices, which is mostly time-varying and mean-reverting. Due to such basis risk, a naïve hedging (equal and opposite) is unlikely to be effective. With the popularity of commodity futures, how to determine and implement the optimal hedging strategy has become an important issue in the field of risk management. Hedging strategies have been intensively studied since the 1960s. One of the most popular approaches to hedging is to quantify risk as variance, known as minimum-variance (MV) hedging. This hedging strategy is based on Markowitz portfolio theory, resting on the result that 'a weighted portfolio of two assets will have a variance lower than the weighted average variance of the two individual assets, as long as the two assets are not perfectly and positively correlated.' MV strategy is quite well accepted, however, it ignores the expected return of the hedged portfolio and the risk preference of investors. Other hedging models with different objective functions have been studied intensively in hedging literature. Due to the conceptual simplicity, the value at risk (VaR) and conditional value at risk (C)VaR have been adopted as the hedging risk objective function. [...]
Gehäusematerial: EdelstahlBandmaterial: EdelstahlBandfarbe: SilberfarbenGlasart: HardlexglasZifferblattfarbe: BlauUhrtyp: SolarVerschluss: FaltschließeWasserdichte: 10 BarGehäusedurchmesser: 43,2 mm Features Chronograph up to 60 minutes in 1/20 second increments Date display Overcharge prevention function Screw case back
This is the most popular dictionary of physics available, and contains almost 4,000 entries covering all commonly encountered physics terms and concepts. It also defines many terms from the related fields of astronomy, astrophysics, and physical chemistry. With over 200 new entries and full revision of the existing text, A Dictionary of Physics is as essential a reference tool as before. The dictionary is generously illustrated with over 120 diagrams, graphs, and tables and it also contains biographies of important scientists. Recommended web links are also included to provide useful and relevant extra information, and are accessible and kept up to date via the Dictionary of Physics companion web page. Appendices include SI units, the solar system, and the electromagnetic spectrum, plus a list of Nobel Prize winners and a chronology of key dates in physics. This fully revised and updated A-Z is an ideal introduction to the subject for anyone with an interest in physics, and it remains an indispensable reference work for students of physics and physics-related subjects (either at school or at university), and professionals.
Gehäusematerial: EdelstahlBandmaterial: LederBandfarbe: SchwarzGlasart: HardlexglasZifferblattfarbe: SchwarzUhrtyp: SolarVerschluss: FaltschließeWasserdichte: 20 BarGehäusedurchmesser: 44 mm Features: Chronograph up to 60 minutes in 1/20 second increments Date display Overcharge prevention function Rotating bezel Screw case back Screw-down crown
This book will explain the mathematical details behind the Jewish calendar and Easter calculation with a mathematical proposal to fix the Jewish Calendar. In addition, we will explore the mathematics behind the Mayan calendar, Islamic calendar, and our everyday calendar, the Gregorian calendar. First, I will demonstrate how the Jewish calendar works, and how to convert dates between the Jewish calendar to the Gregorian/Julian calendar. I will then explain the Easter calculation and demonstrate how to use the methods from the Easter calculation to fix the Jewish calendar so that the Jewish calendar stays consistent with the solar cycle. In 1582, there were two competing proposals to reform the Julian calendar. I will explain the mathematics behind the two proposals. I will explain the proposal that placed Washington, DC on the 77th meridian.
Homer speaks of lightning bolts after which &#8216;a grim reek of sulphur bursts forth&#8217; and the air was &#8216;?lled with reeking brimstone&#8217;. (Homer 3000 BC). The odour was not actually the smell of sulphur dioxide associated with burning sulphur, but rather was the ?rst recorded detection of the presence of another strong odour, that of ozone (O ) in Earth&#8217;s atmosphere. These molecules were formed by the passage of 3 lightning through the air, created by splitting the abundant molecular oxygen (O ) 2 molecules into two, followed by the addition of each of the free O atoms to another O to form the triatomic product. In fact, most of the ozone molecules present 2 in the atmosphere at any time have been made by this same two-step splitti- plus-combination process, although the initiating cause usually begins with very energetic solar ultraviolet (UV) radiation rather than lightning. Many thousands of years later, the modern history of ozone began with its synthesis in the laboratory of H. F. Schonbein in 1840 (Nolte 1999), although the positive con?rmation of its three-oxygen atom chemical formula came along sometime later. Scienti?c interest in high-altitude stratospheric ozone dates back to 1881 when Hartley measured the spectrum of ozone in the laboratory and found that its ability to absorb UV light extended only to 293nm at the long wavelength end (Hartley 1881a).
Building upon his revolutionary theory that the Sphinx dates back much further than 2500 BCE, geologist Robert Schoch reveals scientific evidence of advanced civilization predating ancient Egypt, Sumeria, and Greece, as well as the catastrophe that destroyed it nearly 12,000 years ago and what its legacy can teach us about our own future. Combining evidence from multiple scientific disciplines, Schoch shows how the last ice age ended abruptly in 9700 BCE due to coronal mass ejections from the Sun. These solar outbursts unleashed electrical/plasma discharges upon Earth and triggered volcanic activity, earthquakes, fires, and massive floods as glaciers melted and lightning strikes released torrential rains from the oceans. He explains how these events eradicated the civilization of the time and set humanity back thousands of years, only to reemerge around 3500 BCE with scattered memories and nascent abilities. He explores within this framework, how many megalithic monuments, underground cities, and ancient legends fall logically into place, as well as the reinterpreted Easter Island rongorongo texts and the intentional burial, 10,000 years ago, of the Göbekli Tepe complex in Turkey. Schoch reveals scientific evidence that shows how history could repeat itself with a coronal mass ejection powerful enough to devastate modern society. Weaving together a new view of the origins of civilization, the truths behind ancient wisdom, and the dynamics of the planet we live on, Schoch maintains we must heed the megalithic warning of the past and collectively prepare for future events.
A unique and highly entertaining introduction to the richness of Chinese language, culture, and civilization, built on the groundbreaking and hugely popular Chineasy visual learning method. To educate the world about the richness and character of China&#8217;s people, customs, and heritage, entrepreneur ShaoLan Hsueh created Chineasy, a special building-block learning method that uses highly recognizable and appealing illustrations. She introduced her revolutionary teaching methodology and graphic language in her bestseller, Chineasy. In this standalone guide, she expands her scope to include all facets of Chinese life and culture, including Numbers, Time & Dates, The Solar System & the Five Elements, People, Nature, Animals, How to Describe Things, Health & Well-being, Travel, City & Country, Shopping, Food & Drink, and Internet & Technology. She begins all twelve sections with an overview of key Chineasy characters, then presents the specific symbols relevant to each&#8212;providing insight into how Chinese thinking has shaped its language and civilization in a way that anyone can understand and appreciate. Whether you are a student learning Mandarin, an executive pursuing business ties to Chinese companies, or a curious tourist traveling to China, this single-volume encyclopedia will stimulate the mind, enchant the culturally minded and inspire everyone who seeks new experiences and a wider understanding of our world.
Capital: Kathmandu. Major Cities: According to the 2001 census, only Kathmandu had a population of more than 500,000. The only other cities with more than 100,000 inhabitants were Biratnagar, Birgunj, Lalitpur, and Pokhara. Independence: In 1768 Prithvi Narayan Shah unified a number of states in the Kathmandu Valley under the Kingdom of Gorkha. Nepal recognizes National Unity Day (January 11) to commemorate this achievement. Public Holidays: Numerous holidays and religious festivals are observed in particular regions and by particular religions. Holiday dates also may vary by year and locality as a result of the multiple calendars in use-including two solar and three lunar calendars-and different astrological calculations by religious authorities. In fact, holidays may not be observed if religious authorities deem the date to be inauspicious for a specific year.
For more than two centuries the Oak Island Money Pit has baffled researchers and foiled treasure hunters, and when Dane Maddock and Bones Bonebrake take up the search, they get much more than they bargained for. Danger lies at every turn as they search for a treasure out of legend that dates back to the time of Christ. Ancient wonders, hidden temples, mythical creatures, secret societies, and foes new and old await as Dane and Bones unravel a pirate's deadly secret in Buccaneer. Praise for the Dane Maddock Adventures 'David Wood delivers again in Buccaneer with a fast-paced romp through sunken treasure maps, hidden Templar churches and a secret organization that wants to resurrect an ancient kingdom. Dane Maddock and his sidekick Bones wisecrack their way through adventure, aided by Angel and Avery, two strong women who bring a romantic spin to this action-adventure chase. I loved the Cornish citadel with dragons guarding it and the echoes of Arthurian legend. Fantastic!' -J.F.Penn, author of the ARKANE thrillers. 'With the thoroughly enjoyable way Mr. Wood has mixed speculative history with our modern day pursuit of truth, he has created a story that thrills and makes one think beyond the boundaries of mere fiction and enter the world of 'why not'?'-David Lynn Golemon, Author of Ripper and Legend 'Ancient cave paintings? Cities of gold? Secret scrolls? Sign me up. A twisty tale of adventure and intrigue that never lets up and never lets go!' -Robert Masello, author of The Medusa Amulet 'A page-turning yarn blending high action, Biblical speculation, ancient secrets, and nasty creatures. Indiana Jones better watch his back!'-Jeremy Robinson, author of SecondWorld 'Packed solid with action and witty dialogue, this rousing adventure takes a fresh look at one of the most enduring mysteries of the 20th century.' -Sean Ellis, author of Dark Trinity: Ascendant 'A an all-out blitzkrieg of a globe-trotting adventure that breaks from the action just long enough for a couple of laughs.' -Rick Chesler, author of Solar Island 'Let there be no confusion: David Wood is the next Clive Cussler..'-Edward G. Talbot, author of 2010: The Fifth World
The first mention in Chinese history of a system of movements, proper to maintain health and cure disease, dates back to pre-historic times, the time of the Great Yü, when the country was inundated, and the atmosphere was nearly always wet and unhealthy, and disease overflowed, so to speak, the earth. The Emperor ordered his subjects each day to take military exercise. The movements, which they were thus obliged to make, contributed not a little to the cure of those who were languishing, and to maintain the health of those who were well. In this book are presented two exercises for each month, making 24 in all, arranged according to the 24 solar terms or periods (breaths) of the year, corresponding to the day on which the sun enters the first and fifteenth degree of one of the zodiacal signs. To each of these an appropriate name is given, which we have retained, as they are in popular use. The exercises are arranged according to the four seasons, and each season is prefixed and suffixed with some animal representing the correlated viscera. These we have also retained from their quaintness, excellency of design, and with the view of conveying an idea of the Chinese correspondencies.