Polski Koncern Kurtosis

PKY1 Stock  EUR 11.13  0.01  0.09%   
Polski Koncern kurtosis technical analysis lookup allows you to check this and other technical indicators for Polski Koncern Naftowy 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
  
Polski Koncern Naftowy has current Kurtosis of 0.988. 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

 = 
0.988
4PM = Forth upper moment
STD =   Standard Deviation of Polski Koncern

Polski Koncern Kurtosis Peers Comparison

Polski Kurtosis Relative To Other Indicators

Polski Koncern Naftowy is rated below average in kurtosis category among its peers. It is regarded fifth in maximum drawdown category among its peers reporting about  10.90  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Polski Koncern Naftowy is roughly  10.90 
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 Polski Koncern to Peers

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