KFA Mount Kurtosis
| KMLM ETF | | | USD 29.04 -0.47 -1.59% |
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 KFA Mount's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
The Kurtosis of 0.5677 for KFA Mount indicates thin tails relative to a normal distribution. KFA Mount's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Relative to peers, KFA Mount's Kurtosis is below the group average of 1.15. Peer readings range from 0.3758 (Northern Lights) to 2.41 (iShares Currency Hedged), reflecting wide dispersion across the sector.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for KFA Mount 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.
KFA Mount shows nearly
7.03 of Maximum Drawdown per unit of Kurtosis (
0.57 versus
3.99 ). This indicates Maximum Drawdown substantially exceeds Kurtosis for KFA Mount.
Methodology, Assumptions & Data Sources
KFA Mount's Kurtosis currently stands at 0.5677. KFA Mount's Kurtosis is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators