Unknown Indicator
Kurtosis In A Nutshell
Data is usually distributed normally which means if you take a visual depiction of the data it would look like a bell shaped curve. If looking at statistics, a normal distribution is desired because this will give you best opportunity to find where standard deviations are along with other measures depending on the data.
When looking at data, it is important to understand how it is laid out and if everything seems appropriate. Skewness and distribution of data around the mean is key and Kurtosis helps with measuring that.
Closer Look at Kurtosis
There are a few different kinds of Kurtosis, so let us start with Leptokurtic. Visually, this is when the bell shape is skinny and tall compared to a normal bell curve distribution. What this can indicate is that the data is really close together and data falls off drastically sooner in relation to the mean.
Secondly there is Mesokurtic, and this appears with a fatter and shorter bell curve, indicate the data may be spread out further. Standard deviations and other statistical data will be different but that does not mean it will be incorrect.
Lastly, there is Platykurtic, which means the bell in the middle is really evened out and that could indicate data is further dispersed than all the other variations. However, just like the others, this does not mean it is positively or negatively affecting the research.
With Kurtosis, it allows people to view data and the skewness and begin taking it apart. Be sure to fully understand the statistical data and what you are searching for because it will vary between each investor and trader. Take a look through Macroaxis as well as other Internet articles as this may not be for all investors. Test it out on a demo account and see if it fits your current investing style. Kurtosis has been around for quite some time and will continue to be a tool in the toolbox of finance.
Other Indicators
All Technical Analysis
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Social Domain Invested a lot of shares | ||
Manufacturing Invested over 40 shares | ||
FinTech Invested over 50 shares | ||
Artificial Intelligence Invested few shares | ||
Automobiles and Trucks Invested over 70 shares | ||
Other Complementary Tools
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |