Mainz Biomed Kurtosis

MYNZ Stock  USD 0.87  0.04  4.40%   
Mainz Biomed kurtosis technical analysis lookup allows you to check this and other technical indicators for Mainz Biomed BV or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Mainz Biomed BV has current Kurtosis of 10.04. 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).

Kurtosis

 = 

4PM

STD4

 = 
10.04
4PM = Forth upper moment
STD =   Standard Deviation of Mainz Biomed

Mainz Biomed Kurtosis Peers Comparison

Mainz Kurtosis Relative To Other Indicators

Mainz Biomed BV is regarded third in kurtosis category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  3.32  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Mainz Biomed BV is roughly  3.32 
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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