Royce Pennsylvania Kurtosis

PENNX Fund  USD 9.54  0.90  8.62%   
Royce Pennsylvania kurtosis technical analysis lookup allows you to check this and other technical indicators for Royce Pennsylvania Mutual 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
  
Royce Pennsylvania Mutual has current Kurtosis of 15.77. 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

 = 
15.77
4PM = Forth upper moment
STD =   Standard Deviation of Royce Pennsylvania

Royce Pennsylvania Kurtosis Peers Comparison

Royce Kurtosis Relative To Other Indicators

Royce Pennsylvania Mutual is regarded second largest fund in kurtosis among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  0.42  of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Royce Pennsylvania Mutual is roughly  2.40 
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 Royce Pennsylvania to Peers

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