Coloplast Kurtosis
| CLPBY Stock | | | USD 6.67 -0.20 -2.91% |
This module presents the Kurtosis indicator for Coloplast A using available market inputs. The indicator computation uses normalized market activity data. Exchange-specific data schedules may affect the recency of readings. The
Equity Screeners framework provides wider technical analysis context. Coloplast has a market cap of 24.94 B, operating margin of 29.97%, ROE of 75.07%. Use
Trending Equities to explore allocation context. The allocation summary reflects available position data. Composition figures are derived from reported holdings. The allocation includes a position in Coloplast A. It is distributed across the allocation. The weighting is determined by the allocation framework in use. All figures are presented for informational review and are not prescriptive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Coloplast A has current Kurtosis of 1.53. 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 Peers Comparison
Kurtosis Relative To Other Indicators
Coloplast A is rated
below average in kurtosis among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
6.51 of Maximum Drawdown per Kurtosis. At
6.51 , Coloplast A's Maximum Drawdown-to-Kurtosis multiple reflects the spread between these metrics
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.
Compare Coloplast to Peers
Other Technical Indicators