CVS Health Kurtosis

CVS -- USA Stock  

USD 70.67  2.93  4.33%

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CVS Health Corporation has current Kurtosis of 0.3648. 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).
CVS Health 
Kurtosis 
 = 
4PM 
STD4 
 = 
0.3648
4PM =   Forth upper moment
STD =   Standard Deviation of CVS Health

Kurtosis Comparison

CVS Health Corporation is rated below average in kurtosis category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  15.83  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for CVS Health Corporation is roughly  15.83 
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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