Diageo Plc Kurtosis

GUIA Stock  EUR 120.00  0.00  0.00%   
Diageo Plc kurtosis technical analysis lookup allows you to check this and other technical indicators for Diageo plc 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
  
Diageo plc has current Kurtosis of 0.726. 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

 = 
0.726
4PM = Forth upper moment
STD =   Standard Deviation of Diageo Plc

Diageo Plc Kurtosis Peers Comparison

Diageo Kurtosis Relative To Other Indicators

Diageo plc is rated below average in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  12.32  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Diageo plc is roughly  12.32 
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 Diageo Plc to Peers

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