Core Laboratories Kurtosis
| CLB Stock | | | USD 13.45 -0.22 -1.61% |
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 Core Laboratories's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Core Laboratories carries a Kurtosis of 5.81, consistent with high excess kurtosis — significantly heavier tails than a normal distribution. Core Laboratories experiences extreme price moves far more frequently than a normal distribution would predict, substantially increasing tail risk.
Kurtosis Peers Comparison
Core Laboratories falls above the 1.9 peer average for Kurtosis. Sable Offshore Corp leads at 9.13 while Highpeak Energy Acquisition registers the lowest at -0.2974. Core Laboratories's elevated kurtosis relative to peers indicates heavier tails and more frequent extreme moves.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Core Laboratories 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.
Core Laboratories's Maximum Drawdown of
22.57 runs about
3.88 times its Kurtosis of
5.81 . This indicates Maximum Drawdown is significantly higher than Kurtosis for Core Laboratories.
Methodology, Assumptions & Data Sources
Core Laboratories' Kurtosis currently stands at 5.81. Core Laboratories' Kurtosis is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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