Technical Analysis

Platykurtic Defined

What Does Platykurtic Mean? The term "platykurtic" refers to a statistical distribution in which the excess kurtosis value is negative. For this reason, a platykurtic distribution will have thinner tails than a normal distribution, resulting in fewer extreme positive or negative events. The opposite of a platykurtic distribution is a leptokurtic distribution, in which excess […]

Technical Analysis

Value Added Monthly Index (VAMI)

What is the Value Added Monthly Index? A value added monthly index (VAMI) tracks the monthly performance of a hypothetical $1000 investment, assuming reinvestment, over a period of time. Key Takeaways A value added monthly index (VAMI) tracks the monthly performance of a hypothetical $1000 investment, assuming reinvestment, over a period of time. VAMI is […]

Technical Analysis

Ulcer Index (UI)

What Does Ulcer Index Mean? The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines. The index increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is […]