Western Investment Kurtosis
| WI Stock | | | CAD 1.06 0.05 4.95% |
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 Western Investment's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
Western Investment has a Kurtosis of 0.7969, indicating thin tails relative to a normal distribution. Western Investment's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
The peer group averages 5.09 for Kurtosis, with Western Investment at 0.7969 falling below that level. Readings span 0.1034 (Sparx Technology) to 13.59 (Zero Candida Technologies).
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for Western Investment 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.
Western Investment produces
13.80 in Maximum Drawdown for each unit of Kurtosis, with respective readings of
11.00 and
0.80 . This indicates Maximum Drawdown substantially exceeds Kurtosis for Western Investment.
Methodology, Assumptions & Data Sources
The current Kurtosis for Western Investment is 0.7969. The Kurtosis for Western Investment is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Western Investment operates in the financial services 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.
Other Technical Indicators