Counterpoint Sanlam Kurtosis

0P0000XBPB   1.87  0.01  0.53%   
Counterpoint Sanlam kurtosis technical analysis lookup allows you to check this and other technical indicators for Counterpoint Sanlam Collective 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
  
Counterpoint Sanlam Collective has current Kurtosis of 0.3886. 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

 = 
0.3886
4PM = Forth upper moment
STD =   Standard Deviation of Counterpoint Sanlam

Counterpoint Sanlam Kurtosis Peers Comparison

Counterpoint Kurtosis Relative To Other Indicators

Counterpoint Sanlam Collective is rated below average in kurtosis among similar funds. It is fifth largest fund in maximum drawdown among similar funds reporting about  5.61  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Counterpoint Sanlam Collective is roughly  5.61 
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 Counterpoint Sanlam to Peers

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