Invesco Markets Kurtosis

SRMKFDelisted Etf  USD 43.70  0.00  0.00%   
Invesco Markets kurtosis technical analysis lookup allows you to check this and other technical indicators for Invesco Markets Plc 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
  
Invesco Markets Plc has current Kurtosis of 23.55. 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

 = 
23.55
4PM = Forth upper moment
STD =   Standard Deviation of Invesco Markets

Invesco Markets Kurtosis Peers Comparison

Invesco Kurtosis Relative To Other Indicators

Invesco Markets Plc is rated third largest ETF in kurtosis as compared to similar ETFs. It is rated second largest ETF in maximum drawdown as compared to similar ETFs reporting about  0.28  of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Invesco Markets Plc is roughly  3.53 
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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