Compass Minerals Kurtosis
| CMP Stock | | | USD 27.93 -0.31 -1.10% |
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 Compass Minerals's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Compass Minerals registers a Kurtosis of 3.24, reflecting near-normal tail behavior. Compass Minerals's return distribution is close to normal in terms of extreme-move frequency.
Kurtosis Peers Comparison
Compass Minerals falls above the 3.05 peer average for Kurtosis. Graphjet Technology leads at 11.11 while Oil Dri registers the lowest at -0.0747.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Compass Minerals 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.
Compass Minerals's Kurtosis reads
3.24 while Maximum Drawdown reads
14.93 , a
4.61 ratio between the two. This indicates Maximum Drawdown is significantly higher than Kurtosis for Compass Minerals.
Methodology, Assumptions & Data Sources
The current Kurtosis for Compass Minerals is 3.24. Kurtosis for Compass Minerals is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Compass Minerals operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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