Amundi SP Kurtosis

WELJ Etf   13.27  0.17  1.26%   
Amundi SP kurtosis technical analysis lookup allows you to check this and other technical indicators for Amundi SP Global 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
  
Amundi SP Global has current Kurtosis of 0.1098. 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

 = 
0.1098
4PM = Forth upper moment
STD =   Standard Deviation of Amundi SP

Amundi SP Kurtosis Peers Comparison

Amundi Kurtosis Relative To Other Indicators

Amundi SP Global is rated fourth in kurtosis as compared to similar ETFs. It is rated second in maximum drawdown as compared to similar ETFs reporting about  38.93  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Amundi SP Global is roughly  38.93 
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 Amundi SP to Peers

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