|BIBCL -- India Stock|| |
INR 20.40 1.55 8.22%
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Bharat Immunologicals Biologicals Corp Ltd has current Kurtosis of 4.19. 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).
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Bharat Immunologicals Biologicals Corp Ltd is rated below average
in kurtosis category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about 1.08
of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Bharat Immunologicals Biologicals Corp Ltd is roughly 1.08
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.