L18 Stock | | | 39,200 500.00 1.29% |
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Construction And Investment has current Kurtosis of 2.0. 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).
Construction Kurtosis Peers Comparison
Construction Kurtosis Relative To Other Indicators
Construction And Investment is rated
fourth overall in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
4.02 of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Construction And Investment is roughly
4.02 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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