Kurtosis
Definition of 'Kurtosis'A statistical measure used to describe the distribution of observed data around the mean.It is sometimes referred to as the "volatility of volatility." |
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Investopedia explains 'Kurtosis'Used generally in the statistical field, kurtosis describes trends in charts. A high kurtosis portrays a chart with fat tails and a low, even distribution, whereas a low kurtosis portrays a chart with skinny tails and a distribution concentrated toward the mean. |
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