WisdomTree STOXX Kurtosis

2CAR Etf   18.50  0.38  2.01%   
WisdomTree STOXX kurtosis technical analysis lookup allows you to check this and other technical indicators for WisdomTree STOXX Europe 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
  
WisdomTree STOXX Europe has current Kurtosis of 0.7461. 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

 = 
0.7461
4PM = Forth upper moment
STD =   Standard Deviation of WisdomTree STOXX

WisdomTree STOXX Kurtosis Peers Comparison

WisdomTree Kurtosis Relative To Other Indicators

WisdomTree STOXX Europe is rated below average in kurtosis as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  17.00  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for WisdomTree STOXX Europe is roughly  17.00 
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 WisdomTree STOXX to Peers

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