European Residential Kurtosis
| ERE-UN Stock | | | CAD 1.19 0.00 0.00% |
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 European Residential's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
European Residential carries a Kurtosis of 3.91, consistent with moderate excess kurtosis — heavier tails than a normal distribution. European Residential experiences extreme price moves more frequently than a normal distribution would predict.
Kurtosis Peers Comparison
Relative to peers, European Residential's Kurtosis is above the group average of 1.09. Peer readings range from -0.219 (Inovalis Real Estate) to 2.88 (Invesque), reflecting wide dispersion across the sector. European Residential'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 European Residential 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.
European Residential's Maximum Drawdown of
3.52 runs about
0.90 times its Kurtosis of
3.91 . This indicates Maximum Drawdown runs moderately below Kurtosis for European Residential. At
1.11 , European Residential Real's Kurtosis-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
European Residential has a current Kurtosis reading of 3.91. The Kurtosis for European Residential applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other 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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