Omega Healthcare Skewness
| O2HI34 Stock | | | 82.80 0.00 0.00% |
The Skewness indicator for Omega Healthcare Investors is derived from observed market data. Exchange-specific data schedules may affect the recency of readings.
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Omega Healthcare Investors has current Skewness of 0.3864. 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
Omega Healthcare Investors is rated
third in skewness among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
23.17 of Maximum Drawdown per Skewness. At
23.17 , Omega Healthcare Investors's Maximum Drawdown-to-Skewness multiple reflects the spread between these metrics
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.
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Other Technical Indicators