Solid Power Kurtosis
| SLDP Stock | | | USD 3.06 -0.29 -8.66% |
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 Solid Power's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Solid Power's Kurtosis of 1.14 reflects thin tails relative to a normal distribution. Solid Power's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
The peer group averages 5.51 for Kurtosis, with Solid Power at 1.14 falling below that level. Readings span -0.4401 (Global Ship Lease) to 15.08 (PROG Holdings).
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Solid Power 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.
Solid Power's Kurtosis reads
1.14 while Maximum Drawdown reads
18.43 , a
16.12 ratio between the two. This indicates Maximum Drawdown substantially exceeds Kurtosis for Solid Power.
Methodology, Assumptions & Data Sources
Solid Power has a current Kurtosis reading of 1.14. Solid Power's Kurtosis is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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