Novozymes A/S Kurtosis
| NVZMF Pink Sheet | | | USD 59.91 -3.44 -5.43% |
The Kurtosis profile for Novozymes A/S below includes current and historical values with sector peer benchmarks. Readings recalculate as new trading sessions complete, incorporating the latest market data. Supplemental context on Novozymes A/S is available through
Novozymes A/S Volatility and
Novozymes A/S Price History.
Current Kurtosis Value
Novozymes A/S carries a Kurtosis of
-0.36, consistent with thin tails relative to a normal distribution. Novozymes A/S's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Novozymes A/S's Kurtosis of -0.3616 falls below the 5.27 peer average. Values range from -0.3449 (Linde plc Ordinary) to 20.77 (Akzo Nobel NV), with wide dispersion across the group.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Novozymes 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.
Compare Novozymes A/S to PeersMethodology, Assumptions & Data Sources
Novozymes A/S has a current Kurtosis reading of -0.36. The Kurtosis for Novozymes A/S applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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