Sunmax Biotechnology Kurtosis

4728 Stock  TWD 278.00  3.00  1.09%   
Sunmax Biotechnology kurtosis technical analysis lookup allows you to check this and other technical indicators for Sunmax Biotechnology Co 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
  
Sunmax Biotechnology Co has current Kurtosis of 0.3352. 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

 = 
0.3352
4PM = Forth upper moment
STD =   Standard Deviation of Sunmax Biotechnology

Sunmax Biotechnology Kurtosis Peers Comparison

Sunmax Kurtosis Relative To Other Indicators

Sunmax Biotechnology Co is rated below average in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  16.57  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Sunmax Biotechnology Co is roughly  16.57 
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 Sunmax Biotechnology to Peers

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