This paper advances video analytics with a focus on crowd analysis for Hajj and Umrah pilgrimages. In recent years, there has been an increased interest in the advancement of visible surveillance to improve safety security pilgrims during their stay Makkah. It is mainly because entirely special event that involve hundreds thousands people being clustered small area. proposed convolutional neura...

Soccer spread betting is analysed using standard probabilistic methods assuming that goals are scored in a match according to Poisson distributions with constant means. A number of different possible forms of ‘edge’ (betting advantage) is identified. It is shown how the centre spreads of the more common bets in the ‘bet universe’ may be calculated. A more general question is then addressed, nam...

Executive Summary. This article examines the portfolio allocation decision within an asset/liability framework. Here portfolio weights are chosen not just by an asset’s return and variance but also by its correlation with pension liabilities. This results in assets that are highly correlated with pension liabilities being weighted higher in the portfolio. Typical mean-variance models estimate a...

This paper makes a number of contributions to the understanding of minimum variance portfolio (MVP) risk. First, it presents several results connecting changes in MVP risk to changes in portfolio asset volatilities and correlations. Second, it explores the efficacy of three alternative methods of attributing changes in MVP risk to either changes in asset volatility or changes in asset correlati...

In this paper we will state the fundamental principles of the gauge approach to financial economics and demonstrate the ways of its application. In particular, modeling of real pricing processes will be considered for an example of S&P500 market index. Derivative pricing and portfolio theory are also briefly discussed.

In this text, I analyze official public narratives in Ukraine 2020 connected to the Hasidic pilgrimage Uman, best known and most popular destination of its kind Europe. The pandemic year brought restrictions mass gatherings, including pilgrimages, for first time since collapse Soviet Union. have differentiated two competing discourses - "pilgrimage as a source danger" proxy Ukraine's good reput...