Stocks with a Platykurtic Distribution: Nov. 14, 2023
- Stocks with a platykurtic distribution.
- What it means for a stock to have a platykurtic distribution.
- Show a platykurtic distribution example.
We define a platykurtic stock as having a standardized kurtosis score that is < 0.750, where a normal distribution = 3.0. Kurtosis is the fourth central movement of a distribution. We also focus in on stocks that have very little variance of their stock prices. This better highlights their kurtosis.
We provide our clients a daily list of the US-listed stocks with a platykurtic distribution and a low variance.
We provide our clients a daily list of the US-listed stocks with a platykurtic distribution and a low variance.
Limits for Kurtosis: 4.75 1.0
Platykurtic and low variance stocks:
ACI 0.739 0.0000115
BRK.B 0.919 0.0000157
CCEP 0.662 0.0000224
DRI 0.171 0.0000239
DUK -0.264 0.0000250
EPD 0.163 0.0000103
GLPI 0.343 0.0000255
HYG 0.169 0.0000049
IEF -0.309 0.0000067
KMB 0.868 0.0000173
KMI 0.006 0.0000255
MCD 0.492 0.0000146
RY 0.590 0.0000231
SEIC 0.393 0.0000241
SLF 0.878 0.0000230
SPY -0.017 0.0000154
TIP 0.444 0.0000040
V 0.710 0.0000213
YUM 0.626 0.0000194
Platykurtic and low variance stocks:
ACI 0.739 0.0000115
BRK.B 0.919 0.0000157
CCEP 0.662 0.0000224
DRI 0.171 0.0000239
DUK -0.264 0.0000250
EPD 0.163 0.0000103
GLPI 0.343 0.0000255
HYG 0.169 0.0000049
IEF -0.309 0.0000067
KMB 0.868 0.0000173
KMI 0.006 0.0000255
MCD 0.492 0.0000146
RY 0.590 0.0000231
SEIC 0.393 0.0000241
SLF 0.878 0.0000230
SPY -0.017 0.0000154
TIP 0.444 0.0000040
V 0.710 0.0000213
YUM 0.626 0.0000194
A short film to describe our platykurtic stock service.