|AA -- USA Stock|| |
USD 36.19 0.85 2.41%
The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available 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
Alcoa Corporation has current Kurtosis of 21.01. 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).
Alcoa Corporation is rated second
in kurtosis category among related companies. It is rated below average
in maximum drawdown category among related companies reporting about 0.09
of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Alcoa Corporation is roughly 10.72
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.