| GMYYX Fund | | | USD 12.23 0.07 0.57% |
Mydestination 2045 kurtosis technical analysis lookup allows you to check this and other technical indicators for Mydestination 2045 Fund 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
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Mydestination 2045 Fund has current Kurtosis of 10.96. 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).
Mydestination 2045 Kurtosis Peers Comparison
Mydestination Kurtosis Relative To Other Indicators
Mydestination 2045 Fund is rated
below average in kurtosis among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
0.47 of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Mydestination 2045 Fund is roughly
2.12 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.
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