479080 Kurtosis

479080 Etf   51,465  10.00  0.02%   
479080 kurtosis technical analysis lookup allows you to check this and other technical indicators for 479080 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
  
479080 has current Kurtosis of (0.37). 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

 = 
(0.37)
4PM = Forth upper moment
STD =   Standard Deviation of 479080

479080 Kurtosis Peers Comparison

479080 Kurtosis Relative To Other Indicators

479080 is rated below average in kurtosis as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
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 479080 to Peers

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