Natura Co Kurtosis

NTCO3 Stock  BRL 14.25  0.42  3.04%   
Natura Co kurtosis technical analysis lookup allows you to check this and other technical indicators for Natura Co Holding 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
  
Natura Co Holding has current Kurtosis of 0.2279. 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

 = 
0.2279
4PM = Forth upper moment
STD =   Standard Deviation of Natura Co

Natura Co Kurtosis Peers Comparison

Natura Kurtosis Relative To Other Indicators

Natura Co Holding is rated below average in kurtosis category among its peers. It is regarded fourth in maximum drawdown category among its peers reporting about  48.37  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Natura Co Holding is roughly  48.37 
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 Natura Co to Peers

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