| SNAS Etf | | | 24.22 0.16 0.66% |
ETFS Ultra kurtosis technical analysis lookup allows you to check this and other technical indicators for ETFS Ultra Short 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
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ETFS Ultra Short has current Kurtosis of 65.98. 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).
ETFS Ultra Kurtosis Peers Comparison
ETFS Kurtosis Relative To Other Indicators
ETFS Ultra Short is presently regarded as number one ETF in kurtosis as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
29.68 of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for ETFS Ultra Short is roughly
29.68 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.
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