Invest on your own
Build your own portfolio from a variety of products
Glossary
Kurtosis
Definition
A statistical measure used to describe the distribution of observed data around the average or mean.
It is sometimes described as the volatility of volatility.
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.
It is sometimes described as the volatility of volatility.
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.