600674 Stock | | | 16.55 0.13 0.78% |
Sichuan Chuantou skewness technical analysis lookup allows you to check this and other technical indicators for Sichuan Chuantou Energy 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
Sichuan Chuantou Energy has current Skewness of 0.5752. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
Sichuan Chuantou Skewness Peers Comparison
Sichuan Skewness Relative To Other Indicators
Sichuan Chuantou Energy is number one stock in skewness category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
16.49 of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Sichuan Chuantou Energy is roughly
16.49 Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns are skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily), implying a symmetric distribution.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.