Thursday, September 3, 2020

The Moon Landing Conspiracy Theory

The Moon Landing Conspiracy Theory Bill Kaysing anticipated in 1959 the odds of getting a man to the moon and back was extremely low because of the radiation and small scale meters that may hurt any individual. Were two years after the fact president J. F. Kennedy gave his prestigious discourse saying that he will appoint the USA with heaps of recourses of handling a man on the moon before the decade was finished .which was never done and albeit inconceivable at the time the undertaking was intriguing to such an extent that everybody was discussing it out and everybody was hanging tight for the second that rocket will take off from earth to the obscure planet, the moon. After eight years Apollo 11 took off to the moon conveying three individuals and returned securely .so.neil Armstrong and his group won the race against Russia .a great deal of exceptionally powerful proof has been found and the individuals have questioned that America sent a man to the moon, and that was the point at which the Apollo lie was conceived . There are three wellsprings of proof for this deception: Photographic, video, and logical. Wide Spread Conspiracy In this lie picture that temporary workers, NASA enlightens everybody concerning the moon arrival trick and pays them for their administrations that their not giving. Nasa makes a declaration to the open revealing to them that their creation rocket parts. At that point at the essential day of work they tell everyone in the processing plant that they are not so much making rocket parts and that in the event that they participate they will be set forever. Representatives that don't agree are undermined from NASA authorities. The preferred position to this is kind of intrigue that no genuine hardware must be made, with the exception of a rocket to go up and a Lander to descend. On the off chance that we sent six shuttles to the moon in ten years, at that point why in thirty years with such a large number of innovative advances why didnt they return to the moon not even once? NASA contends that there was a subsidizes cut .for the initial ten years this can be clarified after the Apollo missions, as a result of the development of atomic weapons would have cost cash that could have been detracted from NASA. In any case, what occurred during the other twenty years? A few gatherings state that the dangers were too high to even think about validating another moon arrival, yet the hazard was there the first run through and it will consistently be there. A possibility is that the innovation accessible is as yet insufficient for humankind to go to the moon, since we didnt go to the moon in any case. Photographic Evidence Moon landing photos are the principle contention for the Apollo scheme devotees, as there are many moon photos that have botches on them, for instance extraordinary shadow headings. On account of these errors the photographs are accepted phony by the intrigue supporters. Those individuals clarify why make counterfeit photographs of something that truly occurred? One of the most consistent contentions is that the moon arrival photographs and recordings are faked is basically that there are no stars in the sky which is unthinkable. Despite the fact that researchers clarify this marvel, contending that the cameras utilized by the Apollo crucial manual light channels, which is like a people eye student, The Sun reflects off of the moons surface and the white suits of the space travelers. Making both strikingly brilliant, not at all like the stars which are extremely far thus diminish .The cameras on the Apollo strategic put on a splendid setting, so the moon and the space explorers are obvious however the stars are not noticeable as a result of the surge of light from both the moon and space explorers despite the fact that there is a clarification for no stars, there are numerous different photographs that seem as though they have various light sources sparkling on the environmental factors, throwing shadows in various bearings despite the fact that the sun is the main light source accessible on the moon , which similar researchers neglected to clarify .The intrigue devotees squabble that the main conceivable way a few light sources could be sparkling on the ‘set, is if these photographs and recordings were taken in a film studio in Hollywood. Perhaps the greatest inconsistency that show up on the Moon shots are the manner by which shadows appear to be thrown in entirely unexpected ways, despite the fact that the articles making the shadows are a negligible scarcely any feet separated. An exampleof this is in one of the photos where the shadow of the Lander is pointing east while the stones which are a couple of meters away are pointing south-east. The conspirasitsts express that with the goal for this to happen they needed to utilize all the more then one light source a stunt makers use tohighlight certain territories while shooting a film . Another image shows two space explorers with one of the space explorers shadows bowed .researchers state that calculated shadows originate from one long fake light work this clarification could work, as film lights do cause this impact. In spite of the fact that this has to do with ones own feeling however the trick scholars clarification could work. Another model is the image of Earth taken from the Apollo 11 when it was 130,000 miles away. This was the absolute first view at any point taken of Earth on the mission and in the image the window outline shows up on the left of the shot which appears to be unusual as one would need to come as close as he can so one can get the absolute best and furthermore to dispense with any light reflections .however Buzz Aldrin, one of the space explorers on the strategic the person who made the effort , took it when he was remaining far away from the window additionally the camera isn't put to endlessness to get the nearest shot conceivable. Moreover According to nasa ,focus were worked inside the cameras that would enable the space explorers to compute separations on the moon .having said that those line of sight ought to be available on all the recording Furthermore on all Apollo film there ought to be line of sight present on the film Incidentally, Jan Lundberg, official VP and head of revelation research at Astra Zeneca has expressed that the main way that one could ascertain the separation in the shot utilizing the line of sight would be on the off chance that one had two cameras set up to take a sound system picture. In addition the entirety of the line of sight have vanished from the film. This is unimaginable except if the film has been messed with. Other than that all the line of sight ought to be not holed up behind any thing and ought to be totally detectable in all shots. The main clarification is that NASA has either eradicated out specific items in the film or included the articles over the line of sight. Logical proof In actuality the extraordinary variety in temperature that the movies would have needed to experience during the Apollo crucial between-180F degrees in the shade to a mind blowing - 200F degree. As found in certain shots the space explorers move between the shadows of the stones then into full daylight unquestionably the film would have eroded under such conditions. On the off chance that the movies utilized on that strategic such attributes why isnt Kodak selling them today in the business sectors? A portion of the lighting on the recording is dicey. One of the photos shows the space explorer in complete shadow on the grounds that the sun is behind him, despite the fact that the entire space explorer is trapped in striking light The camcorders utilized on the mission were exceptionally fitted with night focal points to improve the absence of light on the grounds that the reflectivity of light is low on the moon that light doesn't think about onto the stones the ground. Having said that by what method can in any case camera take photographs so brilliant and clear that one can see all the subtleties on aldrins suit and on the lunar Lander. This is just conceivable if the counterfeit lighting is utilized or it has been added to the photographs, in spite of the fact that NASA affirmed that definitely no fake light was utilized .how is it conceivable to have no fake light but the photos are splendid to the point that even aldrins boot defender is lit up. Dr. David forests that works for quantech picture handling has examined these shots and utilizing the central length of the camera and he had the option to get hold of the boot aldrin was wearing and utilizing these apparatuses he had the option to locate the specific point where the counterfeit light was utilized. Next comes the image that shows neil Armstrong at landing site in the reflector of his visor. The stange thing about this photograph is that the crosshair that should be in the center shows up at the base close aldrins right leg. How could that be if the cameras where connected to the chest of the cameraman? A reality that is provable because of the impression of the camera man in the visor. This proof proposes that man didn't go to the moon and that all the movies and pictures are phony since man would need to remain close to the earths attractive field for security. In any case, for what reason would NASA counterfeit and the US counterfeit the moon arrival? NASA Motives There are numerous hypotheses concerning the thought processes of the USA government to the stage the moon arrival .a portion of these are war renown, financial increase and they likewise utilized it as an interruption. It was a significant for the us government to win the race against the soviet association and they additionally utilized this episode to divert the world from the Vietnam war ,so missions were dropped thus the US took the risk and stopped its participating in the Vietnam war. As per Bill Kaysing effective arrivals on the moon was determined to be 0.017% which guarantees that the possibility of getting a man to the moon is practically incomprehensible .30 billion was gathered and paid off to individuals as an inspiration for their quiet . around then moon landing was outlandish and still is incomprehensible, however o satisfy president kennedys guarantee the main arrangement was to cause the world to accept they arrived on the moon when they really didn't .another explanation NASA had to counterfeit the moon arrival to secure its picture before the world and spare itself from the humiliation and their dread of national wary. Did Man go to the Moon? It is a disputable issue, taking into account how ridiculous the inquiry may initially appear. Regardless of the heaps of proof accessible that demonstrate that the moon arrival was faked ,there is as yet an uncertainty about the entire issue

Saturday, August 22, 2020

European Union and Stricter Environmental Protection

Bug †Analysis This examination is a useful apparatus to investigate the general condition. Despite the fact that the PEST investigation depend on past occasions and experience, it very well may be utilized as a gauge of things to come (Wilson and Gilligan, 1998). Political components The world of politics is acceptable. The administration is steady and dependable, regardless of whether Britain neglects to accomplish absolute concurrence with some EU strategies every once in a while. At the present no EU mandates are realized which will directly affect the UK garments retail industry in the close to future.Due to the EU enrollment a pattern can be seen towards stricter ecological security enactment. This may have an immediate or backhanded impact on NEXT or his providers. Financial components Looking at the monetary condition, it is fairly precarious since from one viewpoint there is the solid authentic contrasted with the Euro. Euroland urges imports and attempts to hold local c osts at an alluring level. Be that as it may, then again it is hard for the UK to be serious outside its limits as a result of the high pound authentic swapping scale against the Euro.As NEXT sells about 96% in the UK commercial center, this may at present just have a restricted impact, yet could be progressively significant later on when thinking comprehensively. Fig. 2 This can likewise be seen on the â€Å"Big Mac †Cross Rates† table, where cheeseburgers sold in the UK are more costly than in most different nations. So a speculation outside the UK may be extremely alluring †additionally talking about â€Å"reimports† to move the products once more into the household showcase. Source: see Chapter 7 Another issue is the falling joblessness rate. For the UK populace this is uplifting news yet for organizations like NEXT, this has distinctive implications.For NEXT it implies higher use on compensation, just as more prominent troubles in enlisting great represe ntatives. Social components Speaking of the socio-social future it ought to be referenced that individuals resign before nowadays, just as working shorter hours. Normal working hours out of each week have diminished in the course of the most recent 20 years. Accordingly numerous individuals have progressively save time. This implies they have the opportunity to look at costs in the High Street and the nature of merchandise and enterprises from retailers. Be that as it may, therefore, they invest more energy in the shops.Another issue nowadays are the â€Å"Green ecological issues†. Since individuals have additional time and have plentiful access to the media by means of the TV, radio, just as papers and the Internet, the purchaser is better educated and along these lines this familiarity with ecological issues provokes him to mind. He needs something other than an item. He is keen on the creation procedure. He needs to know whether the plants are ecologically amicable or not, where his item was assemble and under which conditions and so on and so on. So one issue in the dress retail segment could be youngster labour.There are organizations who depend on it so as to be serious in their residential market, for instance Marks and Spencer. Imprints and Spencer had been blamed for utilizing kid work in Indonesia in 1999. In any case, when the clients gets mindful of such practices, organizations fall into genuine difficulty on the off chance that they don't react right away. Shoppers who are searching at a best cost buy, may anyway not be set up to consider the monetary value which their social inner voice causes on those organizations whose items outrages their morals and which they subsequently shun.Technological factors Another issue is the speed of innovative exchanges which additionally affects the business †it isn't tantamount with the quickly developing web business †however by and by it is significant. New innovation permits new items to be created, e. g. Lycraâ ®, Supplexâ ® or other engineered material. Existing materials can be created speedier and less expensive. Embracing these advancements can be a decis ive factor with respect to whether an organization is in front of his rivals or whether it falls behind.

Friday, August 21, 2020

History of Translation Short Free Essays

HISTORY OF TRANSL. : †¢ St. Jerome-book of scriptures into latin †¢ 14/15 century: Chrystus z martwych wstal quip Psalterz florianski/krol. We will compose a custom exposition test on History of Translation Short or then again any comparative point just for you Request Now Jadwigi-in 3 lang. Zoltarz dawidow-W. Wrobel, awkward, latin sentence structure Only strict txts †¢ 16 penny. : first mainstream lit. Improvement of pl lang New confirmation by St. Murzynowski first full tr. of book of scriptures by Jan Wojek[you can acquire a few things from past tr. on the off chance that are good] Leonard z Bonczy†historyja Aleksandra Wlk. .. Biernat z lbn „Raj duszny†, Ezop’s tales Jan z Koszczek „Rozmowy kt mial krol Salomon.. † †¢ 17 penny. Lukasz Gornicki „Dworzanin polski† Sep Sarzynski-rewording tunes Jan Kochanowski „Psalterz Dawidow† Andrzej Kochanowski-Wirgiliusz, Eneida †¢ Baroque: nothing significant †¢ Enlightened: Developng of tr. Free tr. Polonisations Intermediere tr. Beginnning of tr. tech. Interpreter as a group developer Bohomolec-tr. request more work than unique St. Kostka Potocki-prawdziwa sztuka to przekladanie, nie tr. Fr. Ks. Dmochowski-Homer, Milton W. Boguslawski â€Å"Hamlet† Adam Mickiewicz â€Å"Giaur† G. Byron Leon Borowski-rules of faithfull tr. J. Slowacki-â€Å"Ksiaze niezlomny† v. dubious, a long way from orig. †¢ 19 penny. J. Paszkowski, St. Kozmian, L. Urlich-Shakespeare C. K. Norwid „Dante Comedies†-v. quite a bit of his style †¢ Positivism-Victorian lit. †¢ Fin de siecle Openess for tr. Zenon Przesmycki â€Poe’s verse Leopold Staff-adaptable tr. Boleslaw Lesmian-Poe’s stories T. Kid Zelenski-Balzac, Proust †¢ 20 penny. Julian Tuwim-russian verse Czeslaw Milosz-â€Å"The midriff land† T. S. Elliot †¢ after war period distributing with cuts control creators tr works bec they couldn’t distribute their own lit. M. Dabrowska] †¢ ‘50 tr. th: O. Lukasiewicz, R. Ingarden, Z. Klemensiewicz; †¢ ‘70 enchantment authenticity polemics, criticizm M. Slomczynski†Alice†¦ †, Shakespeare †¢ after 1989 patterns in tr. St. Baranczak ENGLAND: King Alfred Aelfric G. Chaucer-fr. Works William Caxton-fr. txt William Tyndale-Bibl e, wide range of styles, explicit structure and rythm FRANCE: Charles V-infavour of tr. Jacque Amyat-the ruler of tr. , rewival of tr. , making txt excellent; Nicolas d’Abencourt-beauty infidele Pierre le Tournier-Biblie Step by step instructions to refer to History of Translation Short, Essay models

Tuesday, June 16, 2020

Preparation and Characterization of Melamine-Formaldehyde Crosslinked Acrylic Resins - Free Essay Example

Abstract This lab involves the synthesis of an acrylic polymer. The reagents of hydroxyethyl acrylate, styrene, and butyl acrylate were reacted in a semi-batch process The product was then stored for one week before being crosslinked with a melamine-formaldehyde resin and a catalyst. The resulting coating was applied to an Al panel, cured, and tested according to ASTM D5402 for solvent resistance. This process was repeated and the formulation adjusted until a formulation exceeded 200 MEK double-rubs. The formulation was then created in a larger batch and applied to Al, steel, and free-film substrates by drawdown bars. These samples were then cured and characterized using various ASTM methods based on mechanical and chemical properties. Keywords Melamine-Formaldehyde, Acrylic Resins, Crosslinking, Characterization, Semi-Batch Introduction Acrylic resins were first used in the 1950s in the automotive industry.2 They have since increased their durability and practicality. Acrylic resins are formed by radical chain polymerization. This process has three stages: initiation, propagation, and termination. The formation of a radical is what begins this polymerization. That radical species is then able to react with monomer to produce a carbon radical on the monomer. This new radical can then react with other monomer creating a longer and longer chain of monomer. This polymer continues to grow being driven forward by the reactivity of the radical until it is terminated by either another radical or by other means.2 The objective of this lab is to successfully synthesize an acrylic resin with favorable PDI, then crosslink the polymer with melamine-formaldehyde. This reaction looks to create a coating that will be able to be tested using numerous characterization techniques following ASTMs. Experimental The first step in this experiment was the synthesis of the acrylic resin. A semi-batch process was used in this synthesis. Xylene (100.0g) was added to the resin kettle and began heating to 90? °C. A nitrogen flow was then started to blanket the entire apparatus. Special care was taken to not have an excessive flow to preserve the solvent. While the solvent is heating, hydroxyethyl acrylate (15.0g), styrene (82.6g), butyl acrylate (52.5g), and Vazo 67 (3.75g) was mixed in an Erlenmeyer flask until the initiator, Vazo 67, was fully dissolved. This solution was then added to an addition funnel that ran into the kettle of xylene. The monomer solution began being deposited into the heated solvent dropwise. The temperature was monitored constantly. The temperature goal of the addition period was 90-95? °C. To control the temperature, the mantle was turned off and lowered to cool and raised and turned on to heat. This back-and-forth heating and cooling cycle created a predictable and s teady heating throughout the addition. The entire addition lasted 56 minutes. Once the entire monomer solution was added, the batch was held at the 90-95? °C for an additional 30 minutes. A chaser of xylene (2.5g) and Vazo 67 (0.5g) was added directly into the kettle after this waiting period. The temperature was then maintained for an additional hour. This complete synthesis was followed by cooling the resin and storing for future use in a sealed jar. One week after the synthesis, formulation with a crosslinker was performed along with characterization. The first test was determining percent solids according to ASTM D2369. The percent solids was determined to be 51.88%. With this information, a formulation can be calculated with the crosslinker, Cymel 303. The formulation of synthesized resin (10.00g), Cymel 303 (1.30g)(25%), and pTSA (0.026g)(0.5%) was prepared with a drop of the flow aid, Byk 301 in solvent. This was then drawn down on an Al panel that was chemically cleaned with solvent. The drawdown was conducted with a 5 mil bar. The panel was left to flash dry for 15 minutes before being put in a 160? °C oven for 20 minutes. To test the cure, MEK double rubs were conducted according to ASTM D5402. If the coating passed more than 200 rubs without failing, then the formulation passes and can be used for further testing. The initial formulation failed at 50 rubs. The formulation was adjusted twice more with identical formulat ion as stated above except the amount of catalyst, pTSA, was increased with every new formulation. The final successful formulation contained the synthesized resin (20.09g), Cymel 303, (2.63g)(25%), and pTSA (0.21g)(2%). This formulation successfully exceeded 200 rubs and was used to coat Al and steel panels. A glass panel was also used to attain a thin film and for gloss measurements. These Al and steel panels were subjected to numerous ASTM test methods explained in the Results and Discussion section. Results and Discussion The acid number was calculated to be 0.55 using Equation (1). (Acid Number)=(mL of KOH)(Normality)(56.1)/((g of Sample) ) (1) The hydroxyl equivalence was calculated to be 0.010 using equation (2). (OH Eq.)=((g of OH Monomer))/((OH Eq.of Monomer)) (2) The hydroxyl equivalent weight was calculated to be 1501.00g/eq using equation (3) (OH Eq.Weight)=((g))/((OH Eq.)) (3) The value of Tg (theoretical) was calculated using equation (4). 1/T_g =W_1/T_g1 +W_2/T_g2 +W_3/T_g3 +?†¹?+W_n/T_gn (4) The value of Tg(theoretical) was calculated to be 16.18? °C of the synthesized resin. The measured Tg using DSC was found to be 35.55? °C. This result are found in Figure 1 The thin-film coatings Tg was measured using DSC as well and yielded 57.39? °C. This result is found in Figure 2. Figure 1: Synthesized Resin DSC Figure 2: Thin-Film DSC The results of the DSC tests differ than the theoretically calculated ones. This difference is worth noting. The temperature was held constant within the range during the entire experiment (discarding the start-up). The range was 90.0-94.9? °C. A possibility for this variance is the use of older reagents. It is possible that self-polymerization could have began in any of the reagents that were used. This would also explain the variance in the PDI as shown in Table 1. A more likely source of this difference could be directed from the rate of addition. As shown in Table 3, the rate at which the monomer solution was added was not constant at all throughout the addition with a range of rates from 20 to 40 mL per 10 minutes. This would lead to variations in chain length. An advantage of semi-batch synthesis is that one can control the rate of the addition of monomer. The idea is to keep a steady flow throughout the polymerization. This was not maintained, and the results might vary beca use of it. DMA was supposed to be performed on the thin-film, but the film was too brittle and was impossible to measure. Table 1: Results of Resin Analysis Percent Solids MW Mn PDI Tg (theor.) Tg (Actual) Value 51.88% 17250 10755 1.604 16.18? °C 35.55? °C SD 0.36% Table 2: Results of Crosslinked Coating Tests and Characterization Conical Bend Pencil Hardness Crosshatch Impact (in*lb) Konig Hardness Thickness (? µm) Gloss Forward Reverse 20? ° 60? ° 85? ° Value 32% 8H Fail 5B 78.4 62.72 191.67 41.84 164 162.2 114.4 SD 7H Pass 1.25 1.51 7.29 4.66 2.42 Table 2: Data Observed During the Addition of Monomer Solution Time (min) Amount Added (mL) Temperature (? °C) 0 0 85.1 10 35 91.7 20 25 92.3 30 40 91.3 40 25 91.3 50 20 94.0 56 25 93.0 Despite the temperature maintenance, the conversion rate of the monomer was less than 99%. This is known because of the percent solids value. A percent solids value of 66% would have given a more promising conversion percentage. This value could have been raised by keeping a steady flow and by heating the sample longer and with slightly more initiator. This would increase the conversion rate, but it could lead to other problems with PDI. This synthesis needs to be run through in one go. The initiation, propagation, and termination are not processes that can simply be paused. If temperature were to drop to room temperature, then termination could end early and leave monomer unreacted or with a low MW. Any loss of solvent over time would also affect the viscosity and make measurements of percent solids more difficult. GPC was used to find the MW and Mn of the synthesized resin. GPC works by first diluting the resin and passing it through a series of columns. The size of the polymers begin to separate and larger MW polymers do not diffuse through the columns as fast as the lower MW polymers. The amount of polymer that exits the column series over time is measured and compared to a standard polymer.1 It is important to note the limitations of GPC. There are several variables such as the flow rate and elution volume that can give incorrect results.1 As shown in Table 2, this coating had its strengths and weaknesses as far as coating performance goes. The coating could be harder which can be accomplished by increasing the crosslinking. This could be done but not too much to avoid creating an inflexible and brittle coating. Conclusion This lab encompassed the synthesis and characterization of an acrylic resin. This resin was then crosslinked with melamine-formaldehyde to form a coating that was then subjected to a solvent resistant test. A correct formulation was found and many panels were created using this coating. The coating was then subjected to numerous tests and processes to learn about its physical and chemical properties. References Holding S.R. Gel Permeation Chromatography. Endeavour. Volume 8, Issue 1, 1984, Pages 17-20. (accessed Oct. 2, 2018). Wicks, Z. W. Organic Coatings: Science and Technology; Wiley-Interscience: Hoboken, NJ, 2007.

Wednesday, May 6, 2020

United States of Tara Viewed Under Feminist Scope

United States of Tara Viewed Under Feminist Scope In a world structured by male patriarchy, women are constantly criticized and abused. This is the case for Tara Gregson of the television series United States of Tara. She is a woman, wife, and mother dealing with DID (dissociative identity disorder), formerly known as multiple personality disorder. After being subjugated to sexual abuse as a child, her mind was not able to conform to society’s ideal for her. Through her multiple personalities she struggles with Sandra Bartky’s idea of a docile body and is further excluded from the supposedly supportive feminist community, and society in general, because of her disability as discussed by Garland-Thomson. Through this paper I will explain†¦show more content†¦Many feminist topics are considered throughout the show, but, for the purposes of this paper, I will focus on her docile body and exclusion from other women’s acceptance due to her disability, which both nicely intersect. Sandra Lee Bartky wrote in â€Å"Foucault, Femininity, and the Modernization of Patriarchal Power† that society performs as an all seeing being that is there to judge how women look and act. This causes women’s bodies to become docile bodies. The word ‘docile’ means complaisant, submissive, and unassertive. With the world under patriarchal power, women must submit themselves to ideals set forth on them by men. While it may be unnoticeable, women are constantly conforming themselves to be accepted, if not by men, then by other women. All women â€Å"punish themselves for the failure to conform† (Bartky, 104). There are many comments made in United States of Tara that show how Tara and her alters are affected by male domination and how they deal with it. As I explain scenes throughout this paper, keep in mind that Tara has internalized these patriarchal hypocrisies growing up and through her alters she makes satirical comments that critique society. For instance, T says, â€Å"we’re gonna buy cheap, hot clothes that makes us look insecure† and is even willing to get a tattoo of the word ‘slut’. Here T clearly knows that buying cheap, hot clothes is expected of women because looking insecure makes men feel

Accountancy & Financial Management Business Stocks

Question: Discuss about the Accountancy Financial Management for Business Stocks. Answer: Introduction: Investing in stocks and the underlying companies without analyzing them properly will be like wheels falling off. In this report, we will be focusing on the fundamental and technical analysis. Fundamental Analysis: The value of the underlying company is being estimated throughout this method. The fundamental analysis takes into consideration the fundamental value of the share in relation to the organizations financial condition along with the managements performance over a period of time (Moat et al. 2013). It also takes into account the economic conditions that lie within an industry. The job of a fundamental analyst is to go through the balance sheet of a company besides focusing on the profit and loss report, financial ratios and other related facts which would help him in forecasting the future of the company. The main criteria of fundamental analysis are to make use of the available actual data to assess a stocks price. The fundamental analysis utilizes earnings, proceeds, return on equity, future growth and income margins to settle on a companys underlying share value and the potential it has for growth in the coming days (Wafi Hassan and Mabrouk 2015). Its in the general belief that the value of the share of a company increases with the increase in the stature of the company or the way it expands. The investor is benefited through all this in the long run. Overvalued stock and Undervalued Stock: A look at the balance sheet and other related financial data helps in comparing the price of stock with other statistics through proper ratios, with the most common being the Price-To-earnings ratio. In this ratio analysis it is calculated by dividing the number of shares with the companys earnings per share. This method helps in evaluating an investors real pay in accordance to the companys growth. A stock is stated to be undervalued when the share price in contrast with its earnings per share is fewer than industry standard. This concludes that the stock is getting sold at a much lower price than its actual value. A stock is said to be overvalued when an investor reimburse more for each rupee than the company earns which gives the impression that the price of the stock surpasses its basic value. This situation occurs when the investor is expecting the company to do well in the upcoming days. A high value of PE when compared to a pat PE ratio indicated the stock to be overvalued. As an investor one always has to be on his toes regarding this matter. He needs to compare the fundamental worth of the stock with its past standards. If a sudden increase in valuation is recorded, there are high chances of it being falling in order to strike out the mispricing (Petrov et al. 2015). If there is a sudden fall in the value of the share, the investor would do good to check the latest status of the company and its profit position. The PE is calculated on the basis of the earnings per share for the just ended year, and for that it is also known as trailing PE. But this has not been stated as the right metho d for considering a stocks value. Financial analysts exercise the forward PE where the anticipated earnings per share for the current year or another year are being put in use (Saha Bhuiyan and Rahman 2013). Example: Lets take it for example a company named XYZ earns S$ 40 per share whereas its current share price is S$ 100. Therefore its PE ratio amounts to 2.5. Now supposing the average PE ratio for the industry to which the company belongs is 5, then the company is sad to be undervalued. If another company of the same industry is having a PE ratio of 10, then its stock will be deemed as overvalued. Moreover an analyst anticipates the company to bring in S$ 100 per share in the next monetary year, where the PE would then be 1 which reflects that the price is undervalued even more when one judges the companys expansion. Technical Analysis: Technical analysis is opposite of what fundamental analysis is all about. It does not take into consideration the financial presentation of the underlying firm. The analysts job here is to simply study the trends that exists in the share market and affects the share price. This method takes into account that market prices are a purpose of the stocks demand and supply, which imitates on the worth of the company (Ko et al. 2014). The method also believes in historical prices being an indicator of the future performance. This technical analysis does not depend on the financial reports of a company; rather it focuses on the markets tendency to expect how a security will execute. Analysts look for a force to cash in that improves over time in the market or a stock. The short-term investors and traders are in the habit of using the technical analysis and very rarely by the long term players. Some very frequent technical share market analysis is day moving averages (DMAs), Relative Strength Indices (RSI) and so forth. Purpose of using Moving Averages in Technical Analysis: Moving average has been hailed as a trend following pointer. The general purpose of moving average is to identify the starting point of that trend and follow its progress path and to report if there is a turnaround. It continuously updates the average price whereas the average is taken over a definite period of time, like for 10 days or 30 minutes or 20 weeks, or whatever the trader likes to. A moving average provides a fundamental idea to the investor in which way the cost is moving. Relative Strength Index (RSI): It takes into account the current profits to current losses to come to a conclusion whether an asset is oversold or overbought (Rosillo De la Fuente and Brugos 2013). It is designed on a scale of 0-100. If it is above 70, the stock is measured to be overbought and one can sell it accordingly. Whereas if the RSI pointer is less than 30, it indicates that the stock is oversold and can be purchased. Companies listed in the Singapore Stock Exchange: The following shares are selected for fundamental and technical analysis: List of Shares ABR Holding Ltd BBR Holding Ltd Cambridge Industrial DBS Group Elec Altech Federal International Gallant Venture Hau Tech Holdings IFS Capital Ltd LHT Holdings Pacific Century Raffles Education San tech Ltd Tat Hong UMS Holdings Valvetnonics Wheelloch Yanziang AIMSAMP Baker Tech Interpretation and discussion on technical analysis: The twenty stocks listed on the Singapore stock exchange have been selected. They are evaluated on the basis of technical analysis and after the evaluation; the ten stocks have been selected by the investor. The technical instruments used in the analysis of the performance of these selected stocks are exponential moving average (EMA), relative strength index (RSI) and Moving average converging divergence (MACD). As per the EMA tool used, for the stock ABR, the tools has indicated to buy the stock, using the MACD refer the stock to sell and RSI recommends to buy the stock (Byrne et al. 2016). The overall weight age to buy the stock is more than sell. Therefore, the investor would buy the stock. Now for the stock AIMS, after analysis the recommendation is made not to include the stock in the portfolio as two of the tools recommend the stock to sell. For the stock, Baker it is recommended by the three tools used to by the stock. Now for the stock, BBR, the two tools recommend to sell th e stock and one too indicate to buy the stock. Therefore, the stock of BBR would include in the portfolio. The stock of Cambridge would be included in the portfolio as the two tools recommends to buy it. The next stock is DBS which is recommended to buy as all the three tools is telling to buy the stock. The stock of Elec and Eltek would be included in the portfolio as all the three tools is recommending to buy the stock. The stock of Hai leck and Galland Company would also be included in the portfolio as all the three tools are recommended to buy. The other stocks of the company which would form the part of the portfolio are pacific, Tat Hong and Yangziang. This is because all the three tools employed in the performance of the technical analysis are recommending buying all these three stocks. Therefore, the total of the ten stocks would comprise of the portfolio on the basis of the analysis using three technical indicators. Now, the investor has 50000 SGD in his hand which he needs to allocate to the stocks which he has selected to include in his portfolio. The weights would be allocated to the stocks for the distribution of available funds and this weighting criteria would depend upon the average return which these stocks would yield and the risk associated with the respective stocks. For this purpose, the average return of the stocks would be found along with the standard deviation. On evaluating the return and risks of the stocks, the maximum amount of investment would be made in the stock of Pacific company followed with the Hi Leck stock and DBS stock. The investor would allocate lowest amount of funds in the stock of Baker and ABR Company. Therefore, the maximum number of shares that would form the portfolio is the shares of Hi Leck, Gallant and Pacific company. Now, after the analysis of the stocks to be included in the portfolio and the funds allocation has been done, the investor make would lik e to trade the stock. The investment have been cost 50000 SGD , and now if the investor decided to sell the portfolio of the stocks , then he would suffer loss and would lose the amount by the value of 2794.99. Therefore on the basis of technical analysis, it is recommended for the investor to hold on to the stocks which he has included in the portfolio (Rosillo 2013). The details are shown below: 30/05/2016 - Purchase 26/08/2016 - Sell Profit/(Loss) on Stock Trading Share Price Number of share Investment Value Share Price Number of share Investment Value Share Price ABR $ 0.70 3874 $ 2,711.57 $ 0.70 3874 $ 2,711.57 $ - Baker $ 0.72 2846 $ 2,049.37 $ 1.40 2846 $ 3,984.89 $ 1,935.52 Cambridge $ 0.53 12766 $ 6,766.10 $ 0.54 12766 $ 6,893.76 $ 127.66 DBS $ 15.55 402 $ 6,249.64 $ 15.10 402 $ 6,068.78 $ (180.86) Elec $ 0.90 6781 $ 6,103.00 $ 0.87 6781 $ 5,899.57 $ (203.43) Gallant $ 0.23 16594 $ 3,816.60 $ 0.16 16594 $ 2,655.03 $ (1,161.57) Hai Leck $ 0.39 16644 $ 6,491.12 $ 0.38 16644 $ 6,324.68 $ (166.44) Pacific $ 0.36 20297 $ 7,205.45 $ 0.35 20297 $ 7,103.96 $ (101.49) Tat Hong $ 0.53 6682 $ 3,507.79 $ 0.53 6682 $ 3,541.20 $ 33.41 Yang $ 0.93 5513 $ 5,099.36 $ 0.79 5513 $ 4,341.35 $ (758.01) Total 92398 $ 50,000.00 92398 $ 49,524.79 $ (475.21) Interpretation and discussion on fundamental analysis: The fundamental analyses of the stocks have made use of the tools of ratio in evaluating the stocks to form the part of the portfolio. The relevant ratios are price to earnings ratio, price to book value ratio and price to sales ratio. The ratios have been found for the respective stocks. The four of the stocks is yielding negative ratio and the rest of the stocks have positive P/E ratio. The stocks would be evaluated as undervalued or overvalued on the basis of ratios. As per P/e ratio, the stocks of company AIMS , Cambridge , Elek Eltek, Hailec, IFS, Raffles, Tat Hong, and UMS are undervalued. The rest of the stocks are overvalued. Now using the price to book value ratio, four stocks are considered to be undervalued. They are AIMS, Haileck, Raffles and stocks of UMS. Rest of the stocks such as Jardan, Pacific, Wheelock, Yangziang are all overvalued. Again, using the price to sale value, the stocks of Raffles, UMS, ABR, AIMS, Cambridge and Haileck are undervalued. The remaining four teen stocks are considered overvalued. After evaluating the stocks using the above ratios, the stocks recommended to include in the portfolio are stocks of ABR, AIMS, Cambridge, Eleck Eltek, Hailec, IFS, San The, Tat hong , raffles and stocks of UMS. After the evaluation of the stocks which would form the part of portfolio, the investor needs to allocate the available funds to these selected stocks of companies. For this purpose, the average value or the average return of the stocks would be found out. On the basis of average return and the risk associated with the investment in the stocks, the investor would assign the weight to each of the stocks and accordingly the funds would be invested. The investor would allocate the maximum amounts of funds in the stock of AIMS followed by the UMS. The investor would not allocate any amount in the stocks of San The. The least amount would be invested in the stocks of Raffles and Tat Hong. After the investment is made and the portfolio using the selected stocks have been constructed, if the investor is willing to sell the stocks, the investor would exhibit an increase in the portfolio value and there would be profit by the amount 1409.22 SGD. The details are given in the following table: 30/05/2016-Purchase 26/08/2016 - Sell Profit/(Loss) on Stock Trading Share Price Number of share Investment Value Share Price Number of share Investment Value Share Price ABR $ 0.70 11331 $ 7,931.52 $ 0.70 11331 $ 7,931.52 $ - AIMS $ 1.37 14409 $ 19,668.30 $ 1.40 14409 $ 20,172.61 $ 504.32 Cambridge $ 0.53 5630 $ 2,983.96 $ 0.54 5630 $ 3,040.26 $ 56.30 Elec Eltek $ 0.90 2135 $ 1,921.40 $ 0.87 2135 $ 1,857.36 $ -64.05 Hai Leck $ 0.39 8149 $ 3,177.94 $ 0.38 8149 $ 3,096.45 $ -81.49 IFS $ 0.22 7906 $ 1,739.41 $ 0.21 7906 $ 1,620.81 $ -118.60 Raffles $ 0.22 1200 $ 258.04 $ 0.38 1200 $ 456.08 $ 198.03 San The $ 0.23 0 $ - $ 0.21 0 $ - $ - Tat Hong $ 0.53 1588 $ 833.83 $ 0.53 1588 $ 841.77 $ 7.94 UMS $ 0.57 20150 $ 11,485.60 $ 0.62 20150 $ 12,392.36 $ 906.76 Total 72498 $ 50,000.00 72498 $ 51,409.22 $ 1,409.22 Conclusion:- From the above discussion it is concluded that constructing the portfolio based on the fundamental analysis would yield positive return. On the other hand, technical analysis would yield negative return. However, the technical analysis is mainly recommended for the short term trading and the fundamental analysis is suitable when seeking long term investment (Larsson, B 2014). Reference: Byrne, A., Byrne, G., ODonnell, G. and Robinson, A., 2016. Case studies of cavity and external wall insulation retrofitted under the Irish Home Energy Saving Scheme: Technical analysis and occupant perspectives.Energy and Buildings,130, pp.420-433. Cervell-Royo, R., Guijarro, F. and Michniuk, K., 2015. Stock market trading rule based on pattern recognition and technical analysis: Forecasting the DJIA index with intraday data.Expert systems with Applications,42(14), pp.5963-5975. Ko, K.C., Lin, S.J., Su, H.J. and Chang, H.H., 2014. Value investing and technical analysis in Taiwan stock market.Pacific-Basin Finance Journal,26 Larsson, B., 2014. Investment strategies and their performance-Do Hedge and Quant funds, as well as funds using Fundamental analysis, have different risk adjusted returns-and can any of them beat the market?. Moat, H.S., Curme, C., Avakian, A., Kenett, D.Y., Stanley, H.E. and Preis, T., 2013. Quantifying Wikipedia usage patterns before stock market moves.Scientific reports,3. Petrov, S., Barkhatova, D., Kashina, O. and Murashkin, R., 2015. Revealing of investors expectations in the stock exchange using fundamental analysis models. Piotroski, J.D. and So, E.C., 2012. Identifying expectation errors in value/glamour strategies: A fundamental analysis approach.Review of Financial Studies, p.hhs061. Rosillo, R., De la Fuente, D. and Brugos, J.A.L., 2013. Technical analysis and the Spanish stock exchange: testing the RSI, MACD, momentum and stochastic rules using Spanish market companies.Applied Economics,45(12), pp.1 Saha, A.K., Bhuiyan, M. and Rahman, A., 2013. Predictability of stock price fluctuation based on price earnings ratio Wafi, A.S., Hassan, H. and Mabrouk, A., 2015. Fundamental Analysis Vs Technical Analysis in The Egyptian Stock ExchangeEmpirical Study.International Journal of Business and Management StudyIJBMS,2(2)

Tuesday, April 14, 2020

Essay Samples of Staying on Track For Graduation

Essay Samples of Staying on Track For GraduationThe first key to completing your essays on time is to take essay samples of staying on track for graduation. This is an excellent way to practice editing and proofreading and will also enable you to understand the best ways to arrange the content within a larger essay. In essence, it is the easiest method for acquiring all the information needed in the essay you will write for graduation. Below, you will find some essay samples of staying on track for graduation.When writing the essay, always use the best way to organize the material and make it flow. If you are trying to put a theme together in your essay, determine which style fits the theme best. In addition, decide what accent needs to be used within the essay to create a common tone or mood.An essay sample of staying on track for graduation that emphasizes an appropriate and strong focus on learning, personal growth, and achievement can include some essay samples of staying on trac k for a strong setting in which learning and achievement can take place. For example, a strong emphasis on personal growth can include the following sequence of paragraphs in the essay: relationship building, personal strengths, strengths that have been developed through hardship, taking responsibility for mistakes, perseverance, self-esteem, self-acceptance, and reaching goals. The overall idea is to focus on life experiences with emphasis on gaining knowledge, understanding and eventually, growing as a person.In the first year of college, this process may be a little bit easier, but, it is important to make sure the students understand that in the second year they need to focus on the development of a 'message.' This message should be clearly identifiable and have the capacity to stand alone in the written composition. In order to develop a good message in the first year, first outline the topic of the essay and then continue writing until the last page when the message is develop ed.The last theme of this sample essay is developing a general set of core values that guide the student throughout their career and further into life. This theme can include the following.Another theme that should be included in this sample is the importance of responsibility. The student should outline how responsibility and honesty will play an important role in their future. Finally, the importance of self-acceptance can be included as well.Lastly, there is one theme in which the student can focus on making their life memorable and meaningful, and this theme is creativity. As a student, this theme can be explained as the student utilizes the imagination to make a difference in their future.While it may seem like it would be quite difficult to determine where the essay is headed, it will be relatively easy to understand where the student wants the essay to go by simply reading the examples from the school term. If your professor does not provide a school term example, and you nee d to write the essay on your own, the key is to know how to structure a great essay and then plan out a particular theme for each chapter.