ThaiDEX SET Kurtosis

1DIV Etf  THB 10.35  0.17  1.62%   
ThaiDEX SET kurtosis technical analysis lookup allows you to check this and other technical indicators for ThaiDEX SET High or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
ThaiDEX SET High has current Kurtosis of 2.52. Kurtosis is a measure of the return distribution. In a similar way to the concept of skewness, kurtosis is a descriptor of the shape of a return distribution. There are various interpretations of kurtosis, and of how particular measures should be interpreted; these are primarily peakedness (width of peak), tail weight, and lack of shoulders (distribution primarily peak and tails, not in between).

Kurtosis

 = 

4PM

STD4

 = 
2.52
4PM = Forth upper moment
STD =   Standard Deviation of ThaiDEX SET

ThaiDEX SET Kurtosis Peers Comparison

ThaiDEX Kurtosis Relative To Other Indicators

ThaiDEX SET High is second largest ETF in kurtosis as compared to similar ETFs. It is the top ETF in maximum drawdown as compared to similar ETFs reporting about  1.87  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for ThaiDEX SET High is roughly  1.87 
A high kurtosis typically shows a distribution of returns with fat tails, whereas a low kurtosis portrays a distribution with skinny tails or a distribution concentrated toward the mean.
Compare ThaiDEX SET to Peers

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