Williston Basin/mid-north Kurtosis

ICPUX Fund  USD 6.23  0.07  1.11%   
Williston Basin/mid-north kurtosis technical analysis lookup allows you to check this and other technical indicators for Williston Basinmid North America 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
  
Williston Basinmid North America has current Kurtosis of 0.3332. 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

 = 
0.3332
4PM = Forth upper moment
STD =   Standard Deviation of Williston Basin/mid-north

Williston Basin/mid-north Kurtosis Peers Comparison

Williston Kurtosis Relative To Other Indicators

Williston Basinmid North America is rated below average in kurtosis among similar funds. It is rated third overall fund in maximum drawdown among similar funds reporting about  13.96  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Williston Basinmid North America is roughly  13.96 
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 Williston Basin/mid-north to Peers

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