Xtrackers Nikkei Kurtosis

XDJP Etf  EUR 24.70  0.29  1.19%   
Xtrackers Nikkei kurtosis technical analysis lookup allows you to check this and other technical indicators for Xtrackers Nikkei 225 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
  
Xtrackers Nikkei 225 has current Kurtosis of 0.3213. 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

 = 
0.3213
4PM = Forth upper moment
STD =   Standard Deviation of Xtrackers Nikkei

Xtrackers Nikkei Kurtosis Peers Comparison

Xtrackers Kurtosis Relative To Other Indicators

Xtrackers Nikkei 225 is rated below average in kurtosis as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about  16.41  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Xtrackers Nikkei 225 is roughly  16.41 
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 Xtrackers Nikkei to Peers

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