Bharat Immunologicals Kurtosis

Bharat Immunologicals Biologicals Corp Ltd -- India Stock  

INR 22.20  0.95  4.47%

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Bharat Immunologicals Biologicals Corp Ltd has current Kurtosis of (0.72). 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).
Bharat Immunologicals 
Kurtosis 
 = 
4PM 
STD4 
 = 
(0.72)
4PM =   Forth upper moment
STD =   Standard Deviation of Bharat Immunologicals

Kurtosis Comparison

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 .
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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Bharat Immunologicals Biologicals Corporation Limited, a biotechnology company, manufactures and markets a range of pharmaceuticals solutions in India. more
NameBharat Immunologicals Biologicals Corp Ltd
Macroaxis Advice
InstrumentIndia Stock Stocks Directory
ExchangeBombay Stock Exchange
CurrencyINR