Leptokurtic frequency distribution and Point: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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A leptokurtic frequency distribution (or leptokurtotic distribution) has a larger number of values clustered at the peak and in the tails, than a comparable normal distribution with the same variance and mean.
1.


A possible explanation for this shape is that the market under review is mean reverting for small market movements (explaining the clustering at the peak) and trending for large market movements (explaining the clustering in the tails).
A minimum price movement for a quoted instrument or asset.
 
''Also known as a 'pip'.''
 
 
2.
 
''US.''
 
1% of a loan principal amount, especially in the context of residential mortgage loans.




== See also ==
== See also ==
* [[Frequency distribution]]
* [[Points]]
* [[Leptokurtosis]]
* [[Principal]]
* [[Lognormal frequency distribution]]
* [[Mean reversion]]
* [[Normal frequency distribution]]
* [[Tail]]
* [[Trend analysis]]
* [[Volatility smile]]
 
[[Category:The_business_context]]

Revision as of 13:28, 21 August 2013

1.

A minimum price movement for a quoted instrument or asset.

Also known as a 'pip'.


2.

US.

1% of a loan principal amount, especially in the context of residential mortgage loans.


See also