ORIX JREIT Skewness
| O2F Stock | | | EUR 530.00 -5.00 -0.93% |
The Skewness indicator for ORIX JREIT INC is derived from observed market data. The dataset is based on observed market activity where data is available. Some instruments may report limited inputs depending on trading history. Broader indicator relationships are reflected within
Equity Screeners. ORIX JREIT has a market cap of 4.93 B. Review
Your Equity Center for a broader allocation view. Current allocation data is available for review. A position in ORIX JREIT INC is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
ORIX JREIT INC has current Skewness of 0.3662. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
Skewness Peers Comparison
Skewness Relative To Other Indicators
ORIX JREIT INC ranks
fourth among stocks in skewness across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
69.99 Maximum Drawdown per unit of Skewness. ORIX JREIT INC carries a
69.99 x Maximum Drawdown-to-Skewness ratio
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns are skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily), implying a symmetric distribution.
Compare ORIX JREIT to Peers
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