Bassett Furniture Kurtosis
| BSET Stock | | | USD 14.96 0.06 0.40% |
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 Bassett Furniture's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Bassett Furniture has a Kurtosis of 0.7598, indicating thin tails relative to a normal distribution. Bassett Furniture's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
The peer group averages 5.26 for Kurtosis, with Bassett Furniture at 0.7598 falling below that level. Readings span -0.0952 (Clarus Corp) to 12.54 (Torrid Holdings).
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Bassett Furniture 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.
Comparing Kurtosis (
0.76 ) to Maximum Drawdown (
9.39 ) for Bassett Furniture yields a
12.36 multiple. This indicates Maximum Drawdown substantially exceeds Kurtosis for Bassett Furniture.
Methodology, Assumptions & Data Sources
Bassett Furniture's Kurtosis currently stands at 0.7598. Kurtosis for Bassett Furniture is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Bassett Furniture operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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