Ellen AB Kurtosis

ELN Stock  SEK 1.06  0.01  0.93%   
Ellen AB kurtosis technical analysis lookup allows you to check this and other technical indicators for Ellen AB or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Ellen AB has current Kurtosis of 0.593. 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).

Kurtosis

 = 

4PM

STD4

 = 
0.593
4PM = Forth upper moment
STD =   Standard Deviation of Ellen AB

Ellen AB Kurtosis Peers Comparison

Ellen Kurtosis Relative To Other Indicators

Ellen AB is rated # 4 in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  20.29  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Ellen AB is roughly  20.29 
A high kurtosis typically shows a distribution of returns with fat tails, whereas a low kurtosis portrays a distribution with skinny tails or a distribution concentrated toward the mean.
Compare Ellen AB to Peers

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