Polight ASA Kurtosis

PLT Stock   4.86  0.28  6.11%   
Polight ASA kurtosis technical analysis lookup allows you to check this and other technical indicators for Polight ASA 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
  
Polight ASA has current Kurtosis of 0.8714. 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

 = 
0.8714
4PM = Forth upper moment
STD =   Standard Deviation of Polight ASA

Polight ASA Kurtosis Peers Comparison

Polight Kurtosis Relative To Other Indicators

Polight ASA is regarded fourth in kurtosis category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  23.01  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Polight ASA is roughly  23.01 
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 Polight ASA to Peers

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