COSCO SHIPPING Kurtosis

CITAY Stock  USD 5.19  0.00  0.00%   
COSCO SHIPPING kurtosis technical analysis lookup allows you to check this and other technical indicators for COSCO SHIPPING Development 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
  
COSCO SHIPPING Development has current Kurtosis of 63.0. 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

 = 
63.0
4PM = Forth upper moment
STD =   Standard Deviation of COSCO SHIPPING

COSCO SHIPPING Kurtosis Peers Comparison

COSCO Kurtosis Relative To Other Indicators

COSCO SHIPPING Development is number one stock in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  0.04  of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for COSCO SHIPPING Development is roughly  22.72 
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 COSCO SHIPPING to Peers

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