Fidelity Stocks Kurtosis
| FCPI ETF | | | USD 53.84 0.61 1.15% |
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 Fidelity Stocks's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
At 0.1933, Fidelity Stocks exhibits thin tails relative to a normal distribution in Kurtosis. Fidelity Stocks's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Relative to peers, Fidelity Stocks's Kurtosis is below the group average of 0.51. Peer readings range from -0.3898 (Parametric Equity Premium) to 1.22 (Amplify Digital Payments), reflecting wide dispersion across the sector.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Fidelity Stocks 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.
At
0.19 for Kurtosis and
4.33 for Maximum Drawdown, Fidelity Stocks's cross-indicator ratio sits almost
22.41 . This indicates Maximum Drawdown substantially exceeds Kurtosis for Fidelity Stocks.
Methodology, Assumptions & Data Sources
Fidelity Stocks has a current Kurtosis reading of 0.1933. The Kurtosis for Fidelity Stocks applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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