Invesco QQQ Kurtosis

QQQ Etf  MXN 10,296  84.31  0.83%   
Invesco QQQ kurtosis technical analysis lookup allows you to check this and other technical indicators for Invesco QQQ Trust 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
  
Invesco QQQ Trust has current Kurtosis of 0.2052. 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

 = 
0.2052
4PM = Forth upper moment
STD =   Standard Deviation of Invesco QQQ

Invesco QQQ Kurtosis Peers Comparison

Invesco Kurtosis Relative To Other Indicators

Invesco QQQ Trust is rated fourth largest ETF in kurtosis as compared to similar ETFs. It is rated second largest ETF in maximum drawdown as compared to similar ETFs reporting about  28.50  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Invesco QQQ Trust is roughly  28.50 
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 Invesco QQQ to Peers

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