This article quantifies the information flow between major equities in the Oil & Gas Midstream and Marine Shipping industries, on the basis of the effective transfer entropy methodology. In addition, the article provides the first analysis of the investors` fear and market expectations in these sectors, according to Rényi entropy approach. The period of study was extended over five years, to fully capture the pre/post-COVID situations. The entropy results reveal a major change in the underlying information flow pattern among equities in the Oil & Gas Midstream and Marine Shipping sectors, in the aftermath of COVID-19. According to the new (post-COVID) paradigm, the stocks in the Oil & Gas Midstream and Integrated Freight & Logistics industries have gained momentum in occupying six of the ten positions within the list of most-influencing equities in the market, in terms of information transmission. The disorder and randomness has decreased for over 89% of the studied equities, after virus outbreak. For the equities detected with high information-transmission standing, the Rényi entropy results indicate that investors more likely showed higher level of future expectations and lower level of fear regarding frequent market events, within the post-COVID timeline. Doi: 10.28991/HIJ-2021-02-04-07 Full Text: PDF
Background and Objective: Hookah consumption is an underlying decline in lung function. However, data are limited on the physiological effects in young trained and untrained men. The purpose of this study was to investigate the effects of chronic hookah consumption on aerobic capacity (VO2max), resting and submaximal heart rate in men who are trained and untrained. Materials and Methods: Forty-nine young men (18-34 years) were assigned into the following groups: a. trained-hookah (n = 11), b. untrained-hookah (n = 14), c. trained (n = 12) and d. untrained (n = 12). The trained men had done at least three sessions (1-hour for each) of aerobic training a week during the past three years, while the untrained men had continued a sedentary lifestyle. Hookah smokers had smoked at least three times a week during the period. The VO2max, resting and submaximal heart rate indices were measured in all subjects. Results: One-way analysis of variance showed that VO2max was significantly higher in trained group than the other groups, although no significant difference was observed in the other groups. Resting and submaximal heart rate were remarkably lower in the trained groups than in the untrained groups, but no significant difference was noted in the other groups. Conclusion: The results of the present study indicated that hookah smoking has a negative effect on aerobic capacity in men who are trained; however, it seems that the effect of aerobic training is higher than the effect of hookah on resting and submaximal heart rate indices.
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