Apple Kurtosis

    Apple -- USA Stock  

    USD 172.80  2.15  1.23%

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    Apple has current Kurtosis of 0.0. 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).
    Apple 
    Kurtosis 
     = 
    4PM 
    STD4 
     = 
    0.0
    4PM =   Forth upper moment
    STD =   Standard Deviation of Apple

    Kurtosis Comparison

    Apple is rated below average in kurtosis category among related companies. It is rated below average in maximum drawdown category among related companies .
    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.

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