HomeDefinitionsCompareDebt Excess kurtosisThe financial definition for Excess kurtosis:Kurtosis measures the "fatness" of the tails of a distribution. Excess kurtosis means that distribution has fatter tails than a normal distribution. Fat tails means there is a higher than normal probability of big positive and negative returns realizations. Similar MatchesLeptokurtosisLeptokurtosisThe condition of a probability density curve to have fatter tails and a higher peak at the mean than the normal distribution. Click to compare definitions of Excess kurtosis Click to view definitions beginning ex |