Macys Kurtosis

M -- USA Stock  

USD 37.43  1.89  4.81%

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Macys has current Kurtosis of 3.43. 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).
Macys 
Kurtosis 
 = 
4PM 
STD4 
 = 
3.43
4PM =   Forth upper moment
STD =   Standard Deviation of Macys

Kurtosis Comparison

Macys is regarded fifth in kurtosis category among related companies. It is regarded fourth in maximum drawdown category among related companies reporting about  3.49  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Macys is roughly  3.49 
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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