American Century Kurtosis
| AVIE ETF | | | USD 72.54 -1.01 -1.37% |
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). Below is American Century's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
At 1.23, American Century's Kurtosis indicates thin tails relative to a normal distribution. American Century's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Among sector peers, American Century's Kurtosis of 1.23 is above the 0.66 group average. The range runs from -0.2243 (DBX ETF Trust) to 2.38 (SPDR SAMPP SmallCap).
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for American Century and its peers. Each point represents one equity — position along the horizontal axis shows Kurtosis while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Kurtosis at
1.23 and Maximum Drawdown at
3.57 , American Century shows a
2.91 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Kurtosis for American Century.
Methodology, Assumptions & Data Sources
American Century's Kurtosis currently stands at 1.23. The Kurtosis for American Century applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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