Harum Energy Kurtosis

HRUM Stock  IDR 895.00  5.00  0.56%   
Harum Energy kurtosis technical analysis lookup allows you to check this and other technical indicators for Harum Energy Tbk 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
  
Harum Energy Tbk has current Kurtosis of 0.057. 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

 = 
0.057
4PM = Forth upper moment
STD =   Standard Deviation of Harum Energy

Harum Energy Kurtosis Peers Comparison

Harum Kurtosis Relative To Other Indicators

Harum Energy Tbk is rated below average in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  178.20  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Harum Energy Tbk is roughly  178.20 
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 Harum Energy to Peers

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