Kurtosis (Function)

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The Kurtosis function calculates the Kurtosis of a data set, which is based on the size of the tails of a distribution curve.

Syntax

Kurtosis(Price, Length)

Returns (Double)

A numeric value containing the Kurtosis of the specified data set. If Length is less than 3, the function returns zero.

Parameters

Name	Type	Description
Price	Numeric	Specifies which bar value (price, function, or formula) to use for the distribution.
Length	Numeric	Sets the number of bars used to build the distribution.

Remarks

Kurtosis characterizes the relative peakedness or flatness of a distribution compared with the normal distribution. Positive Kurtosis indicates a relatively peaked distribution. Negative Kurtosis indicates a relatively flat distribution.

Example

Assigns to Values1 the Kurtosis of the distribution of the closing prices during the last 100 periods:

Value1 = Kurtosis(Close, 100);