DEFINITION of 'Mesokurtic'
A term used in a statistical context where the kurtosis of a distribution is similar, or identical, to the kurtosis of a normally distributed data set. Kurtosis is a measure of a distribution's peak, which means how much of the distribution is centered on the distributions mean.
The kurtosis coefficient of a normal distribution is 3.
Next Up
BREAKING DOWN 'Mesokurtic'
Kurtosis is a measure of how extreme observations are in a data set. The greater the kurtosis coefficient, the more peaked the distribution around the mean is. Also, this distribution has fatter tails, which means there is an increase tail risk (extreme results).
When a distributions kurtosis coefficient is greater then 3, the distribution is leptokurtic, and when it's less then 3, its platykurtic.
RELATED TERMS

Kurtosis
A statistical measure used to describe the distribution of observed ... 
Excess Kurtosis
A statistical term describing that a probability, or return distribution, ... 
Leptokurtic
A statistical distribution where the points along the Xaxis ... 
Platykurtosis
A statistical measure that indicates the level of peakedness ... 
Normal Distribution
A probability distribution that plots all of its values in a ... 
Platykurtic
A type of statistical distribution where the points along the ...
Related Articles

Investing
What a Normal Distribution Means
Normal distribution describes a symmetrical data distribution, where most of the results lie near the mean. 
Trading
Trading With Gaussian Models Of Statistics
The entire study of statistics originated from Gauss and allowed us to understand markets, prices and probabilities, among other applications. 
Investing
Find The Right Fit With Probability Distributions
Discover a few of the most popular probability distributions and how to calculate them. 
Investing
Quantitative Analysis Of Hedge Funds
Hedge fund analysis requires more than just the metrics used to analyze mutual funds. 
Investing
What is Descriptive Statistics?
Descriptive statistics is the term applied to meaningful data analysis. 
Trading
Understanding Statistics
Statistics provide the means to analyze data and then summarize it into a numerical form. 
Managing Wealth
Using Normal Distribution Formula To Optimize Your Portfolio
Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk. 
Investing
A Simplified Approach To Calculating Volatility
Volatility is sometimes greater than anticipated, but the way it’s measured can compound the problems that occur when it’s unexpected. 
Financial Advisor
How to Navigate Taxable Mutual Fund Distributions
It's almost time for yearend capital gains distributions for mutual funds. Here's how to monitor them and minimize their tax impact. 
ETFs & Mutual Funds
The ABCs of Bond ETF Distributions
How do bond exchange traded fund (ETF) distributions work? It’s a question I get a lot. First, let’s explain what we mean by distributions.
RELATED FAQS

Can I elect to NOT have income tax withheld from an IRA (NOT ROTH) distribution before ...
... Read Answer >> 
Is my nonqualified Roth IRA distribution subject to taxes or early distribution ...
The ordering rules must be applied to determine whether the distribution is subject to income taxes and/or the early distribution ... Read Answer >> 
What does Value at Risk (VaR) say about the "tail" of the loss distribution?
Learn about value at risk and conditional value at risk and how both models interpret the tail ends of an investment portfolio's ... Read Answer >> 
Can I replace the $7,000 in Jan 2016 and avoid paying taxes on the $7,000 excess ...
I closed an IRA account in Jan 2015 and received $9,000. I forgot that and withdrew my required $7,000 minimum distribution ... Read Answer >> 
I have an IRA with aftertax money in it. How do I avoid being taxed again?
... Read Answer >> 
What are the exceptions to the early distribution penalty for a nonqualified Roth ...
The exceptions are as follows: The distribution is made on or after the date you reach age 59.5 The distribution is made ... Read Answer >>