Central Japan Kurtosis

JAP Stock  EUR 17.42  0.12  0.69%   
Central Japan kurtosis technical analysis lookup allows you to check this and other technical indicators for Central Japan Railway 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
  
Central Japan Railway has current Kurtosis of 0.4068. 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

 = 
0.4068
4PM = Forth upper moment
STD =   Standard Deviation of Central Japan

Central Japan Kurtosis Peers Comparison

Central Kurtosis Relative To Other Indicators

Central Japan Railway is rated below average in kurtosis category among its peers. It is rated below average in maximum drawdown category among its peers reporting about  16.86  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Central Japan Railway is roughly  16.86 
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 Central Japan to Peers

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