Oklahoma Municipal Kurtosis

OKMIX Fund  USD 10.61  0.06  0.56%   
Oklahoma Municipal kurtosis technical analysis lookup allows you to check this and other technical indicators for Oklahoma Municipal Fund 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
  
Oklahoma Municipal Fund has current Kurtosis of 4.89. 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

 = 
4.89
4PM = Forth upper moment
STD =   Standard Deviation of Oklahoma Municipal

Oklahoma Municipal Kurtosis Peers Comparison

Oklahoma Kurtosis Relative To Other Indicators

Oklahoma Municipal Fund is regarded fourth largest fund in kurtosis among similar funds. It is rated below average in maximum drawdown among similar funds reporting about  0.31  of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Oklahoma Municipal Fund is roughly  3.21 
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 Oklahoma Municipal 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