It is widely noted that market capitalisation weighted portfolios are inefficient and underperform an equal weighted portfolio over the long-term. However, at least since 2016, an equal weighted ...portfolio of stocks in the S&P500 has significantly underperformed the market capitalisation weighted portfolio. In this paper, we analyse this underperformance using stochastic portfolio theory. We show that the equal weighted portfolio does appear to outperform the market capitalisation weighted portfolio over the long-term but with periods of significant short-term underperformance. In addition, we find that concentration in the market capitalisation weighted portfolio has increased in recent years and has contributed to the recent underperformance together with a significantly lower level of diversification benefits. Furthermore, we highlight an approach to improve the performance of a portfolio by dynamically selecting a market cap or an equal weighting using a rudimentary linear regression model.
New radio (MeerKAT and Parkes) and X-ray (XMM-Newton, Swift, Chandra, and NuSTAR) observations of PSR J1622-4950 indicate that the magnetar, in a quiescent state since at least early 2015, ...reactivated between 2017 March 19 and April 5. The radio flux density, while variable, is approximately 100× larger than during its dormant state. The X-ray flux one month after reactivation was at least 800× larger than during quiescence, and has been decaying exponentially on a 111 19 day timescale. This high-flux state, together with a radio-derived rotational ephemeris, enabled for the first time the detection of X-ray pulsations for this magnetar. At 5%, the 0.3-6 keV pulsed fraction is comparable to the smallest observed for magnetars. The overall pulsar geometry inferred from polarized radio emission appears to be broadly consistent with that determined 6-8 years earlier. However, rotating vector model fits suggest that we are now seeing radio emission from a different location in the magnetosphere than previously. This indicates a novel way in which radio emission from magnetars can differ from that of ordinary pulsars. The torque on the neutron star is varying rapidly and unsteadily, as is common for magnetars following outburst, having changed by a factor of 7 within six months of reactivation.
Abstract
The inner ∼200 pc region of the Galaxy contains a 4 million M
⊙
supermassive black hole (SMBH), significant quantities of molecular gas, and star formation and cosmic-ray energy densities ...that are roughly two orders of magnitude higher than the corresponding levels in the Galactic disk. At a distance of only 8.2 kpc, the region presents astronomers with a unique opportunity to study a diverse range of energetic astrophysical phenomena, from stellar objects in extreme environments, to the SMBH and star-formation-driven feedback processes that are known to influence the evolution of galaxies as a whole. We present a new survey of the Galactic center conducted with the South African MeerKAT radio telescope. Radio imaging offers a view that is unaffected by the large quantities of dust that obscure the region at other wavelengths, and a scene of striking complexity is revealed. We produce total-intensity and spectral-index mosaics of the region from 20 pointings (144 hr on-target in total), covering 6.5 square degrees with an angular resolution of 4″ at a central frequency of 1.28 GHz. Many new features are revealed for the first time due to a combination of MeerKAT’s high sensitivity, exceptional
u
,
v
-plane coverage, and geographical vantage point. We highlight some initial survey results, including new supernova remnant candidates, many new nonthermal filament complexes, and enhanced views of the Radio Arc bubble, Sagittarius A, and Sagittarius B regions. This project is a South African Radio Astronomy Observatory public legacy survey, and the image products are made available with this article.
MeerKAT’s large number (64) of 13.5 m diameter antennas, spanning 8 km with a densely packed 1 km core, create a powerful instrument for wide-area surveys, with high sensitivity over a wide range of ...angular scales. The MeerKAT Galaxy Cluster Legacy Survey (MGCLS) is a programme of long-track MeerKAT
L
-band (900−1670 MHz) observations of 115 galaxy clusters, observed for ∼6−10 h each in full polarisation. The first legacy product data release (DR1), made available with this paper, includes the MeerKAT visibilities, basic image cubes at ∼8″ resolution, and enhanced spectral and polarisation image cubes at ∼8″ and 15″ resolutions. Typical sensitivities for the full-resolution MGCLS image products range from ∼3−5 μJy beam
−1
. The basic cubes are full-field and span 2° × 2°. The enhanced products consist of the inner 1.2° × 1.2° field of view, corrected for the primary beam. The survey is fully sensitive to structures up to ∼10′ scales, and the wide bandwidth allows spectral and Faraday rotation mapping. Relatively narrow frequency channels (209 kHz) are also used to provide H
I
mapping in windows of 0 <
z
< 0.09 and 0.19 <
z
< 0.48. In this paper, we provide an overview of the survey and the DR1 products, including caveats for usage. We present some initial results from the survey, both for their intrinsic scientific value and to highlight the capabilities for further exploration with these data. These include a primary-beam-corrected compact source catalogue of ∼626 000 sources for the full survey and an optical and infrared cross-matched catalogue for compact sources in the primary-beam-corrected areas of Abell 209 and Abell S295. We examine dust unbiased star-formation rates as a function of cluster-centric radius in Abell 209, extending out to 3.5
R
200
. We find no dependence of the star-formation rate on distance from the cluster centre, and we observe a small excess of the radio-to-100 μm flux ratio towards the centre of Abell 209 that may reflect a ram pressure enhancement in the denser environment. We detect diffuse cluster radio emission in 62 of the surveyed systems and present a catalogue of the 99 diffuse cluster emission structures, of which 56 are new. These include mini-halos, halos, relics, and other diffuse structures for which no suitable characterisation currently exists. We highlight some of the radio galaxies that challenge current paradigms, such as trident-shaped structures, jets that remain well collimated far beyond their bending radius, and filamentary features linked to radio galaxies that likely illuminate magnetic flux tubes in the intracluster medium. We also present early results from the H
I
analysis of four clusters, which show a wide variety of H
I
mass distributions that reflect both sensitivity and intrinsic cluster effects, and the serendipitous discovery of a group in the foreground of Abell 3365.
The 1.28 GHz MeerKAT DEEP2 Image Cotton, W. D.; Matthews, A. M.; Abbott, T. D. ...
The Astrophysical journal,
01/2020, Letnik:
888, Številka:
2
Journal Article
Recenzirano
Odprti dostop
We present the confusion-limited 1.28 GHz MeerKAT DEEP2 image covering one primary-beam area with θ = 7 6 FWHM resolution and rms noise. Its J2000 center position = 04h 13m 26 4, δ = −80° 00′ 00″ was ...selected to minimize artifacts caused by bright sources. We introduce the new 64-element MeerKAT array and describe commissioning observations to measure the primary-beam attenuation pattern, estimate telescope pointing errors, and pinpoint (u, v) coordinate errors caused by offsets in frequency or time. We constructed a 1.4 GHz differential source count by combining a power-law count fit to the DEEP2 confusion P(D) distribution from 0.25 to 10 Jy with counts of individual DEEP2 sources between 10 Jy and 2.5 mJy. Most sources fainter than S ∼ 100 Jy are distant star-forming galaxies (SFGs) obeying the far-IR/radio correlation, and sources stronger than 0.25 Jy account for ∼93% of the radio background produced by SFGs. For the first time, the DEEP2 source count has reached the depth needed to reveal the majority of the star formation history of the universe. A pure luminosity evolution of the 1.4 GHz local luminosity function consistent with the Madau & Dickinson model for the evolution of SFGs based on UV and infrared data underpredicts our 1.4 GHz source count in the range .
5, 5'-Diformyl-2, 2'-difuran has been synthesized in 60% yield by the palladium acetate-catalysed aryl coupling of furfural in acetonitrile in the presence of dioxygen under pressure. Various ...reaction conditions have been exploited, and mechanistic aspects of the reaction are discussed.
The synthesis of 5,5′‐diformyl‐2,2′‐difuran (IUPAC name: 2,2′‐bifuryl‐5,5′‐dicarbaldehyde) in good yields by the intermolecular coupling of 2‐furfural and 5‐bromo‐2‐furfural has been achieved. ...Optimum yields were obtained when mixtures of the substrates in acetonitrile were treated with polyvinylpyridine powder (Reillex 402), and irradiated with UV light through a quartz filter. Low yields of coupling product were obtained in the absence of this base or if hydrocarbon solvents were used. A mechanistic pathway involving a transient exciplex intermediate has been proposed.
Desorption kinetics of a xanthenol-dioxane clathrate Jacobs, Ayesha; Nassimbeni, Luigi R.; Taljaard, Benjamin
Acta crystallographica. Section C, Crystal structure communications,
September 2004, Letnik:
60, Številka:
9
Journal Article
Recenzirano
Odprti dostop
The host xanthenol compound forms a 1:1 clathrate with dioxane, namely 9‐(1‐naphthyl)‐9H‐xanthen‐9‐ol–1,4‐dioxane, C23H16O2·C4H8O2. The structure of this clathrate is reported, along with a study of ...the kinetics of desolvation and the determination of an activation energy. The guest molecules are stabilized by Ohost—H⋯Oguest hydrogen bonds O—H = 0.968 (2) Å, O⋯O = 2.7532 (13) Å and O—H⋯O = 151.9 (4)°.
5, 5'-Diformyl-2, 2'-difuran has been synthesized in 60% yield by the palladium acetate-catalysed aryl coupling of furfural in acetonitrile in the presence of dioxygen under pressure. Various ...reaction conditions have been exploited, and mechanistic aspects of the reaction are discussed.