Hi, could someone tell me what the ‘absolute’ skew and kurtosis values are in terms of SPSS output please? I understand you get the z-scores from doing skew/skew.error and same with kurtosis, but I do not know what the ‘absolute’ values are, and I am trying to follow guidance fo...
For the sake of simplicity, we will limit our discussion to moments of order 3 (skewness) and order 4 (kurtosis), as higher order ones have no easy intuitive economic interpretation. Note that there are different definitions of skewness and kurtosis in the finance literature. In the following...
294) stressed that a proper interpretation of kurtosis for a unimodel symmetric distribution involves considering the peakedness of the center, the thickness of the tails, and the amount in the distribution's shoulders. Positive kurtosis implies a movement of part of the distribution's mass from ...
2014). Skewness-seeking behavior is defined as the preference for a distribution of outcomes with a higher skewness coefficient over another with the same expected value, variance, and kurtosis (Ebert and Wiesen 2011). From a theoretical perspective, a prudent individual should be a skewness-...
Analysis of financial time series using multiscale entropy based on skewness and kurtosis. Phys. A Stat. Mech. Its Appl. 2018, 490, 1543–1550. [Google Scholar] [CrossRef] Li, C.; De Oliveira, J.L.V.; Cerrada, M.; Cabrera, D.; Sanchez, R.V.; Zurita, G. A systematic review ...