Kurtosis (redirected from kurtoses)

Kurtosis

A statistical measure used to describe the distribution of observed data around the mean.

Notes:

Used generally in the statistical field, it 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 towards the mean.

It is sometimes referred to as the "volatility of volatility."

See also: Skewness

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Kurtosis

Measures the fatness of the tails of a probability distribution. A fat-tailed distribution has higher-than-normal chances of a big positive or negative realization. Kurtosis should not be confused with skewness, which measures the fatness of one tail. Kurtosis is sometimes referred to as the volatility of volatility.