| PPYA Stock | | | USD 11.14 0.23 2.11% |
Papaya Growth kurtosis technical analysis lookup allows you to check this and other technical indicators for Papaya Growth Opportunity 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
Papaya Growth Opportunity has current Kurtosis of 14.06. 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).
Papaya Growth Kurtosis Peers Comparison
Papaya Kurtosis Relative To Other Indicators
Papaya Growth Opportunity is considered to be number one stock in kurtosis category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about
0.49 of Maximum Drawdown per Kurtosis. The ratio of Kurtosis to Maximum Drawdown for Papaya Growth Opportunity is roughly
2.04 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
