| ESGLW Stock | | | 0.02 0 22.82% |
ESGL Holdings kurtosis technical analysis lookup allows you to check this and other technical indicators for ESGL Holdings Limited 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
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ESGL Holdings Limited has current Kurtosis of 9.25. 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).
ESGL Holdings Kurtosis Peers Comparison
ESGL Kurtosis Relative To Other Indicators
ESGL Holdings Limited is one of the top stocks in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
15.24 of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for ESGL Holdings Limited is roughly
15.24 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.
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