| HYIN Etf | | | USD 17.80 0.28 1.55% |
WisdomTree Alternative skewness technical analysis lookup allows you to check this and other technical indicators for WisdomTree Alternative Income 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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WisdomTree Alternative Income has current Skewness of
(0.82). 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.
WisdomTree Alternative Skewness Peers Comparison
WisdomTree Skewness Relative To Other Indicators
WisdomTree Alternative Income is rated
below average in skewness as compared to similar ETFs. It is one of the top ETFs in maximum drawdown as compared to similar ETFs .
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.
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