Oberweis Micro-cap Kurtosis

OBMCX Fund  USD 48.24  0.70  1.43%   
Oberweis Micro-cap kurtosis technical analysis lookup allows you to check this and other technical indicators for Oberweis Micro Cap Fund 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
  
Oberweis Micro Cap Fund has current Kurtosis of 0.4199. 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

 = 
0.4199
4PM = Forth upper moment
STD =   Standard Deviation of Oberweis Micro-cap

Oberweis Micro-cap Kurtosis Peers Comparison

Oberweis Kurtosis Relative To Other Indicators

Oberweis Micro Cap Fund is regarded fifth largest fund in kurtosis among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  17.50  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Oberweis Micro Cap Fund is roughly  17.50 
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 Oberweis Micro-cap to Peers

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