Tong Hsing Kurtosis

6271 Stock  TWD 129.00  2.00  1.57%   
Tong Hsing kurtosis technical analysis lookup allows you to check this and other technical indicators for Tong Hsing Electronic 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
  
Tong Hsing Electronic has current Kurtosis of 0.2177. 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

 = 
0.2177
4PM = Forth upper moment
STD =   Standard Deviation of Tong Hsing

Tong Hsing Kurtosis Peers Comparison

Tong Kurtosis Relative To Other Indicators

Tong Hsing Electronic is rated third in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  34.34  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Tong Hsing Electronic is roughly  34.34 
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 Tong Hsing to Peers

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