Wistron NeWeb Skewness

6285 Stock  TWD 116.00  0.50  0.43%   
Wistron NeWeb skewness technical analysis lookup allows you to check this and other technical indicators for Wistron NeWeb Corp 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
  
Wistron NeWeb Corp has current Skewness of 0.0535. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.

Skewness

 = 

3PM

STD3

 = 
0.0535
3PM = Third upper moment
STD =   Standard Deviation of Wistron NeWeb

Wistron NeWeb Skewness Peers Comparison

Wistron Skewness Relative To Other Indicators

Wistron NeWeb Corp is rated fifth in skewness category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  275.72  of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Wistron NeWeb Corp is roughly  275.72 
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns are skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily), implying a symmetric distribution.
Compare Wistron NeWeb to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas