Quest Resource Kurtosis
| QRHC Stock | | | USD 1.15 0.07 6.48% |
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). Below is Quest Resource's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Quest Resource has a Kurtosis of 6.79, indicating high excess kurtosis — significantly heavier tails than a normal distribution. Quest Resource experiences extreme price moves far more frequently than a normal distribution would predict, substantially increasing tail risk.
Kurtosis Peers Comparison
The peer group averages 2.92 for Kurtosis, with Quest Resource at 6.79 falling above that level. Readings span 0.731 (TOP Ships) to 8.07 (Spirit Aviation Holdings). Quest Resource's elevated kurtosis relative to peers indicates heavier tails and more frequent extreme moves.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Quest Resource 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.
With Kurtosis at
6.79 and Maximum Drawdown at
28.18 , Quest Resource shows a
4.15 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Kurtosis for Quest Resource.
Methodology, Assumptions & Data Sources
Quest Resource has a current Kurtosis reading of 6.79. This Kurtosis reading for Quest Resource results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Quest Resource operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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