This paper presents a system which adopts a standard sequence labeling technique for hedge detection and scope finding. For hedge detection, we formulate it as a hedge labeling problem, while for hedge scope finding, we use a two-step labeling strategy, one for hedge labeling and the other for scope finding. In particular, various kinds of syntactic dependencies are systemically exploited and e...

The fund manager always pronounces “the high returns from hedge fund are along with low risk. Is the performance of hedge fund manager really good? In this study, the market-timing ability and performance consistency on hedge fund manager are tested. The Sharpe ratio was employed to implement the consistency of performance for mutual fund in the previous literature. Due to the non-normally dist...

We assess the use of hedge phrases in “affective” NLG texts. A simple experiment suggests non-native speakers prefer texts that contain hedge phrases, but native speakers prefer texts that do not contain hedge phrases.

This paper re-examines the ability of the factor model approach to evaluate the performance of the Equity Hedge, Event Driven, Macro, Relative Value, and Funds of Hedge Funds styles. As Hedge Fund returns are not normally distributed, we assign a premium to higher-order comoments of Hedge Fund returns with the US market aggregate. In addition to traditional asset(conditioned by the levels of so...

The monthly return distributions of many hedge fund indices exhibit highly unusual skewness and kurtosis properties as well as first-order serial correlation. This has important consequences for investors. We demonstrate that although hedge fund indices are highly attractive in mean-variance terms, this is much less the case when skewness, kurtosis and autocorrelation are taken into account. Sh...

The efficacy of pregabalin in acute postsurgical pain has been demonstrated in numerous studies; however, the analgesic efficacy and adverse effects of using pregabalin in various surgical procedures remain uncertain. We aim to assess the postsurgical analgesic efficacy and adverse events after pregabalin administration under different surgical categories using a systematic review and meta-anal...

This paper continues our investigation on hedge albebras [6]. We extend hedge algebras by two additional operations corresponding to infimum and supremum of the so-called concept category of an element x, i.e. the set which is generated from x by means of the hedge operations. It is shown that every extended hedge algebra with a lattice of the primary generators is a lattice. In the symmetrical...

This paper analyzes hedge fund investors’ geographical preference and its implication for hedge fund performance. We document that funds of funds overweigh their investments in hedge funds located in the same cities by 6 to 15 percent. We also find that funds of funds with a stronger local bias exhibit superior performance. However, this local bias of funds of funds can adversely impact the hed...

It is shown that any sets of linguistic values of linguistic variables can be axiomatized, which leads to a notion of hedge algebras. Some intuitive properties of linguistic hedges, which are a basis of the axiomatization of the hedge algebras, are discussed informally. The characteristics of the hedge algebras depend on such a discussion and they seem to reflect the natural structure of sets o...

OBJECTIVE Salvia divinorum (salvia) is a plant that appears to be enjoying increased popularity as a legal hallucinogen in many U.S. jurisdictions. While the popular press has claimed that its use has become widespread, there have been no epidemiological studies published documenting this within the U.S. METHOD A sample of college students was randomly drawn from a large public university in ...