Pacific Ridge Kurtosis

PEXZF Stock  USD 0.05  0.01  10.67%   
Pacific Ridge kurtosis technical analysis lookup allows you to check this and other technical indicators for Pacific Ridge Exploration 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
  
Pacific Ridge Exploration has current Kurtosis of 0.4314. 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

 = 
0.4314
4PM = Forth upper moment
STD =   Standard Deviation of Pacific Ridge

Pacific Ridge Kurtosis Peers Comparison

Pacific Kurtosis Relative To Other Indicators

Pacific Ridge Exploration is rated below average in kurtosis category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  143.50  of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Pacific Ridge Exploration is roughly  143.50 
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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