Seadrill Kurtosis
| SDRL Stock | | | USD 48.61 -0.29 -0.59% |
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 Seadrill's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Seadrill carries a Kurtosis of 0.196, consistent with thin tails relative to a normal distribution. Seadrill's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Seadrill falls above the 0.05 peer average for Kurtosis. Baytex Energy Corp leads at 0.8524 while Cosan SA ADR registers the lowest at -0.6349.
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Seadrill 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.
The Maximum Drawdown-to-Kurtosis ratio for Seadrill sits near
59.35 , with Kurtosis at
0.20 and Maximum Drawdown at
11.63 . This indicates Maximum Drawdown substantially exceeds Kurtosis for Seadrill.
Methodology, Assumptions & Data Sources
Seadrill's Kurtosis currently stands at 0.196. This Kurtosis reading for Seadrill results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
Other Technical Indicators