|ZNOG Stock|| ||USD 0.08 0.01 14.29% |
Zion Oil kurtosis technical analysis lookup allows you to check this and other technical indicators for Zion Oil Gas 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
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Zion Oil Gas has current Kurtosis of 24.88. 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).
Zion Oil Kurtosis Peers Comparison
Zion Kurtosis Relative To Other Indicators
Zion Oil Gas is rated first
in kurtosis category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about 2.91
of Maximum Drawdown per Kurtosis. The ratio of Maximum Drawdown to Kurtosis for Zion Oil Gas is roughly 2.91
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.