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Investopedia explains 'Leptokurtic'
When analyzing historical returns, kurtosis helps gauge the level of risk for a stock. If the past return data yields a leptokurtic distribution, the stock will have a relatively low amount of variance, because return values are usually close to the mean. Investors who wish to avoid large, erratic swings in portfolio returns may wish to structure their investments to produce a leptokurtic distribution.
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