4510 Stock | | | TWD 47.85 0.75 1.59% |
Kao Fong kurtosis technical analysis lookup allows you to check this and other technical indicators for Kao Fong Machinery 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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Kao Fong Machinery has current Kurtosis of 0.4627. 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).
Kao Fong Kurtosis Peers Comparison
Kao Kurtosis Relative To Other Indicators
Kao Fong Machinery is rated
below average in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
43.10 of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Kao Fong Machinery is roughly
43.10 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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