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Excess kurtosis |
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Excess kurtosisKurtosis measures the "fatness" of the tails of a distribution. Excess kurtosis means that distribution has fatter tails than a normal distribution. Fat tails means there is a higher than normal probability of big positive and negative returns realizations.Excess kurtosis Similar MatchesLeptokurtosisLeptokurtosisThe condition of a probability density curve to have fatter tails and a higher peak at the mean than the normal distribution. |
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