Caesars Entertainment Kurtosis
| CZR Stock | | | USD 28.12 0.19 0.68% |
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 Caesars Entertainment's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Caesars Entertainment carries a Kurtosis of 8.32, consistent with high excess kurtosis — significantly heavier tails than a normal distribution. Caesars Entertainment experiences extreme price moves far more frequently than a normal distribution would predict, substantially increasing tail risk.
Kurtosis Peers Comparison
Caesars Entertainment falls above the 1.49 peer average for Kurtosis. Silgan Holdings leads at 7.09 while Hilton Grand Vacations registers the lowest at -0.2892. Caesars Entertainment'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 Caesars Entertainment 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.
Caesars Entertainment's Kurtosis reads
8.32 while Maximum Drawdown reads
22.98 , a
2.76 ratio between the two. This indicates Maximum Drawdown is significantly higher than Kurtosis for Caesars Entertainment.
Methodology, Assumptions & Data Sources
The current Kurtosis for Caesars Entertainment is 8.32. Caesars Entertainment's Kurtosis is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Caesars Entertainment operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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