CSCO - Detail Report

Quick Overview

Timeframe	C-C DoR σ (Historical)	H-L DoR σ (Historical)	O-C DoR σ (Historical)	5Y ATRP (Avg)	Binomial IV (Period)	Yahoo IV (Period)	1σ Lower (68.27%)	1σ Upper	2σ Lower (95.45%)	2σ Upper
Daily	2.46%	2.09%	2.09%	1.90%	1.99%	2.04%	77.14	80.27	75.62	81.88
Weekly	5.30%	5.29%	5.22%	4.53%	4.38%	4.50%	75.32	82.21	72.10	85.89
Monthly	10.23%	10.97%	10.29%	9.89%	9.11%	9.36%	71.84	86.19	65.58	94.42
Quarterly	20.18%	22.82%	19.40%	16.65%	15.78%	16.22%	67.20	92.14	57.39	107.89
Annual	—	—	—	—	31.56%	32.43%	57.39	107.89	41.86	147.92
Option Time Horizon	—	—	—	—	11.91%	12.24%	69.85	88.64	62.01	99.86

Calculation Notes: Computed at 2026-03-23T16:32 UTC | Reference Contract: Call option expiring 2026-05-15 (52 days) | Spot Price (S): $78.69 | Strike (K): $80.00 (first OTM call ≥ spot) | Observed Mid-Price: $3.2500 (Bid $3.1500 / Ask $3.3500) | Risk-Free Rate (r): 3.73% (1-Month CMT, US Treasury) | Dividend Yield (q): 2.11% | Binomial IV (Annual): 31.56% (CRR binomial tree, American, n=20 steps) | BS IV: 31.83% (European Black-Scholes) | Yahoo IV (Annual): 32.43% → period-scaled as σ_period = σ_annual·√h | Price bands: Upper = S·e^+σ√h, Lower = S·e^−σ√h

Historical Dividend Payouts

Ex-Dividend Date	Amount
2026-01-02	$0.4100
2025-10-03	$0.4100
2025-07-03	$0.4100
2025-04-03	$0.4100
2025-01-03	$0.4000
2024-10-02	$0.4000
2024-07-05	$0.4000
2024-04-03	$0.4000
2024-01-03	$0.3900
2023-10-03	$0.3900
2023-07-05	$0.3900
2023-04-04	$0.3900
2023-01-04	$0.3800
2022-10-04	$0.3800
2022-07-05	$0.3800
2022-04-05	$0.3800
2022-01-04	$0.3700
2021-10-04	$0.3700
2021-07-02	$0.3700
2021-04-05	$0.3700
2021-01-04	$0.3600
2020-10-01	$0.3600
2020-07-02	$0.3600
2020-04-02	$0.3600
2020-01-02	$0.3500
2019-10-03	$0.3500
2019-07-03	$0.3500
2019-04-04	$0.3500
2019-01-03	$0.3300
2018-10-04	$0.3300
2018-07-05	$0.3300
2018-04-04	$0.3300
2018-01-04	$0.2900
2017-10-04	$0.2900
2017-07-05	$0.2900
2017-04-04	$0.2900
2017-01-04	$0.2600
2016-10-03	$0.2600
2016-07-05	$0.2600
2016-04-04	$0.2600
2016-01-04	$0.2100
2015-10-01	$0.2100
2015-07-01	$0.2100
2015-03-31	$0.2100
2015-01-02	$0.1900
2014-09-30	$0.1900
2014-07-02	$0.1900
2014-04-01	$0.1900
2014-01-02	$0.1700
2013-10-01	$0.1700
2013-07-01	$0.1700
2013-04-04	$0.1700
2012-11-27	$0.1400
2012-10-02	$0.1400
2012-07-02	$0.0800
2012-04-03	$0.0800
2012-01-03	$0.0600
2011-10-04	$0.0600
2011-07-05	$0.0600
2011-03-29	$0.0600

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.24. Further, an Excess Kurtosis of 7.88 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -7.26%	79	0.87%	0.87%
-7.26% to -5.42%	95	1.05%	1.91%
-5.42% to -3.57%	293	3.22%	5.14%
-3.57% to -1.73%	951	10.46%	15.60%
-1.73% to 0.11%	3216	35.39%	50.99%
0.11% to 1.95%	3042	33.47%	84.46%
1.95% to 3.80%	929	10.22%	94.69%
3.80% to 5.64%	308	3.39%	98.07%
5.64% to 7.48%	96	1.06%	99.13%
Greater than 7.48%	79	0.87%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.35%	2.57%	78.59%	68.27%
±2σ	-4.80%	5.02%	94.84%	95.45%
±3σ	-7.26%	7.48%	98.26%	99.73%

Descriptive Statistics

Mean	0.111%
Standard Error	0.026%
Median	0.069%
Mode	0.000%
Standard Deviation	2.457%
Sample Variance	6.037%
Kurtosis	7.88
Skewness	0.24
Range	44.216%
Minimum	-19.828%
Maximum	24.388%
Count	9088

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.712%	4682	51.52%	0.882%
Negative	-1.664%	4210	46.33%	-0.771%
Zero	0.000%	196	2.16%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	2.51%
20	1 Month	2.41%
60	1 Quarter	2.44%
250	1 Year	2.14%
750	3 Years	1.79%
1,250	5 Years	1.90%
2,500	10 Years	1.96%
5,000	20 Years	2.21%
12,500	50 Years	3.08%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.62. Further, an Excess Kurtosis of 14.19 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -3.36%	0	0.00%	0.00%
-3.36% to -1.79%	0	0.00%	0.00%
-1.79% to -0.22%	0	0.00%	0.00%
-0.22% to 1.35%	1645	18.10%	18.10%
1.35% to 2.92%	4128	45.42%	63.52%
2.92% to 4.49%	1825	20.08%	83.60%
4.49% to 6.06%	805	8.86%	92.45%
6.06% to 7.63%	351	3.86%	96.31%
7.63% to 9.20%	180	1.98%	98.29%
Greater than 9.20%	155	1.71%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.83%	5.01%	84.95%	68.27%
±2σ	-1.27%	7.11%	95.46%	95.45%
±3σ	-3.36%	9.20%	98.29%	99.73%

Descriptive Statistics

Mean	2.920%
Standard Error	0.022%
Median	2.312%
Mode	2.020%
Standard Deviation	2.093%
Sample Variance	4.381%
Kurtosis	14.19
Skewness	2.62
Range	30.683%
Minimum	0.041%
Maximum	30.724%
Count	9089

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.920%	9089	100.00%	2.920%
Negative	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

Open-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.32. Further, an Excess Kurtosis of 8.11 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -6.26%	60	0.66%	0.66%
-6.26% to -4.69%	98	1.08%	1.74%
-4.69% to -3.13%	300	3.30%	5.04%
-3.13% to -1.56%	989	10.88%	15.92%
-1.56% to 0.01%	3345	36.80%	52.72%
0.01% to 1.58%	2878	31.66%	84.39%
1.58% to 3.14%	901	9.91%	94.30%
3.14% to 4.71%	319	3.51%	97.81%
4.71% to 6.28%	102	1.12%	98.93%
Greater than 6.28%	97	1.07%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.08%	2.10%	78.31%	68.27%
±2σ	-4.17%	4.19%	94.66%	95.45%
±3σ	-6.26%	6.28%	98.28%	99.73%

Descriptive Statistics

Mean	0.009%
Standard Error	0.022%
Median	-0.034%
Mode	0.000%
Standard Deviation	2.090%
Sample Variance	4.369%
Kurtosis	8.11
Skewness	0.32
Range	45.231%
Minimum	-21.180%
Maximum	24.051%
Count	9089

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.514%	4297	47.28%	0.716%
Negative	-1.406%	4571	50.29%	-0.707%
Zero	0.000%	221	2.43%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.33. Further, an Excess Kurtosis of 3.96 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.38%	8	0.42%	0.42%
-15.38% to -11.40%	27	1.43%	1.86%
-11.40% to -7.43%	70	3.72%	5.58%
-7.43% to -3.45%	221	11.74%	17.31%
-3.45% to 0.53%	642	34.09%	51.41%
0.53% to 4.51%	600	31.86%	83.27%
4.51% to 8.49%	196	10.41%	93.68%
8.49% to 12.47%	76	4.04%	97.72%
12.47% to 16.45%	27	1.43%	99.15%
Greater than 16.45%	16	0.85%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.77%	5.84%	76.69%	68.27%
±2σ	-10.08%	11.14%	93.89%	95.45%
±3σ	-15.38%	16.45%	98.73%	99.73%

Descriptive Statistics

Mean	0.531%
Standard Error	0.122%
Median	0.389%
Mode	0.000%
Standard Deviation	5.305%
Sample Variance	28.144%
Kurtosis	3.96
Skewness	0.33
Range	64.647%
Minimum	-27.075%
Maximum	37.572%
Count	1883

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.980%	1017	54.01%	2.150%
Negative	-3.572%	853	45.30%	-1.618%
Zero	0.000%	13	0.69%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	4.74%
12	1 Quarter	5.80%
52	1 Year	5.03%
156	3 Years	4.27%
260	5 Years	4.53%
520	10 Years	4.61%
1,040	20 Years	5.11%
2,600	50 Years	7.19%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.04. Further, an Excess Kurtosis of 6.46 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -8.36%	0	0.00%	0.00%
-8.36% to -4.39%	0	0.00%	0.00%
-4.39% to -0.43%	0	0.00%	0.00%
-0.43% to 3.54%	382	20.28%	20.28%
3.54% to 7.51%	807	42.83%	63.11%
7.51% to 11.48%	365	19.37%	82.48%
11.48% to 15.44%	184	9.77%	92.25%
15.44% to 19.41%	84	4.46%	96.71%
19.41% to 23.38%	27	1.43%	98.14%
Greater than 23.38%	35	1.86%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.22%	12.80%	82.70%	68.27%
±2σ	-3.07%	18.09%	95.38%	95.45%
±3σ	-8.36%	23.38%	98.14%	99.73%

Descriptive Statistics

Mean	7.509%
Standard Error	0.122%
Median	5.950%
Mode	10.000%
Standard Deviation	5.290%
Sample Variance	27.979%
Kurtosis	6.46
Skewness	2.04
Range	45.933%
Minimum	1.006%
Maximum	46.939%
Count	1884

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.509%	1884	100.00%	7.509%
Negative	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

Open-to-Close Returns

Gram-Charlier Analysis: Data reveals Right Skewed (Positive Asymmetry) with a Skewness factor of 0.79. Further, an Excess Kurtosis of 5.34 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.77%	7	0.37%	0.37%
-15.77% to -11.86%	23	1.22%	1.59%
-11.86% to -7.94%	68	3.61%	5.20%
-7.94% to -4.03%	216	11.46%	16.67%
-4.03% to -0.11%	671	35.62%	52.28%
-0.11% to 3.80%	594	31.53%	83.81%
3.80% to 7.71%	191	10.14%	93.95%
7.71% to 11.63%	69	3.66%	97.61%
11.63% to 15.54%	27	1.43%	99.04%
Greater than 15.54%	18	0.96%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.33%	5.11%	76.38%	68.27%
±2σ	-10.55%	10.32%	94.85%	95.45%
±3σ	-15.77%	15.54%	98.67%	99.73%

Descriptive Statistics

Mean	-0.114%
Standard Error	0.120%
Median	-0.300%
Mode	0.000%
Standard Deviation	5.219%
Sample Variance	27.239%
Kurtosis	5.34
Skewness	0.79
Range	63.244%
Minimum	-25.210%
Maximum	38.034%
Count	1884

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.838%	870	46.18%	1.772%
Negative	-3.554%	1000	53.08%	-1.886%
Zero	0.000%	14	0.74%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.16. Further, an Excess Kurtosis of 1.44 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -28.46%	2	0.46%	0.46%
-28.46% to -20.79%	4	0.92%	1.39%
-20.79% to -13.12%	16	3.70%	5.08%
-13.12% to -5.45%	65	15.01%	20.09%
-5.45% to 2.22%	136	31.41%	51.50%
2.22% to 9.89%	131	30.25%	81.76%
9.89% to 17.56%	47	10.85%	92.61%
17.56% to 25.23%	22	5.08%	97.69%
25.23% to 32.90%	6	1.39%	99.08%
Greater than 32.90%	4	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-8.01%	12.45%	73.44%	68.27%
±2σ	-18.24%	22.68%	94.46%	95.45%
±3σ	-28.46%	32.90%	98.61%	99.73%

Descriptive Statistics

Mean	2.220%
Standard Error	0.492%
Median	1.932%
Mode	-2.395%
Standard Deviation	10.228%
Sample Variance	104.610%
Kurtosis	1.44
Skewness	0.16
Range	75.644%
Minimum	-36.728%
Maximum	38.916%
Count	433

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	8.293%	262	60.51%	5.018%
Negative	-7.084%	171	39.49%	-2.798%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	11.73%
12	1 Year	10.34%
36	3 Years	9.17%
60	5 Years	9.89%
120	10 Years	10.19%
240	20 Years	11.17%
600	50 Years	15.50%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 1.68. Further, an Excess Kurtosis of 3.65 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.87%	0	0.00%	0.00%
-15.87% to -7.64%	0	0.00%	0.00%
-7.64% to 0.59%	0	0.00%	0.00%
0.59% to 8.82%	100	23.04%	23.04%
8.82% to 17.05%	172	39.63%	62.67%
17.05% to 25.28%	84	19.35%	82.03%
25.28% to 33.51%	49	11.29%	93.32%
33.51% to 41.74%	13	3.00%	96.31%
41.74% to 49.98%	6	1.38%	97.70%
Greater than 49.98%	10	2.30%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	6.08%	28.03%	79.95%	68.27%
±2σ	-4.89%	39.00%	94.70%	95.45%
±3σ	-15.87%	49.97%	97.70%	99.73%

Descriptive Statistics

Mean	17.053%
Standard Error	0.527%
Median	14.143%
Mode	7.059%
Standard Deviation	10.974%
Sample Variance	120.420%
Kurtosis	3.65
Skewness	1.68
Range	63.635%
Minimum	2.615%
Maximum	66.250%
Count	434

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	17.053%	434	100.00%	17.053%
Negative	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

Open-to-Close Returns

Gram-Charlier Analysis: Data reveals Right Skewed (Positive Asymmetry) with a Skewness factor of 0.96. Further, an Excess Kurtosis of 3.86 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -31.88%	0	0.00%	0.00%
-31.88% to -24.16%	4	0.92%	0.92%
-24.16% to -16.44%	14	3.23%	4.15%
-16.44% to -8.72%	68	15.67%	19.82%
-8.72% to -1.00%	149	34.33%	54.15%
-1.00% to 6.72%	118	27.19%	81.34%
6.72% to 14.44%	53	12.21%	93.55%
14.44% to 22.16%	16	3.69%	97.24%
22.16% to 29.88%	8	1.84%	99.08%
Greater than 29.88%	4	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-11.29%	9.29%	75.35%	68.27%
±2σ	-21.59%	19.59%	94.93%	95.45%
±3σ	-31.88%	29.88%	99.08%	99.73%

Descriptive Statistics

Mean	-1.000%
Standard Error	0.494%
Median	-1.664%
Mode	-5.251%
Standard Deviation	10.294%
Sample Variance	105.957%
Kurtosis	3.86
Skewness	0.96
Range	87.094%
Minimum	-28.783%
Maximum	58.311%
Count	434

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	8.404%	170	39.17%	3.292%
Negative	-7.083%	263	60.60%	-4.292%
Zero	0.000%	1	0.23%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Right Skewed (Positive Asymmetry) with a Skewness factor of 0.94. Further, an Excess Kurtosis of 3.41 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -53.50%	1	0.69%	0.69%
-53.50% to -38.37%	0	0.00%	0.69%
-38.37% to -23.24%	5	3.47%	4.17%
-23.24% to -8.11%	21	14.58%	18.75%
-8.11% to 7.03%	46	31.94%	50.69%
7.03% to 22.16%	47	32.64%	83.33%
22.16% to 37.29%	13	9.03%	92.36%
37.29% to 52.42%	7	4.86%	97.22%
52.42% to 67.56%	2	1.39%	98.61%
Greater than 67.56%	2	1.39%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-13.15%	27.20%	75.00%	68.27%
±2σ	-33.32%	47.38%	95.14%	95.45%
±3σ	-53.50%	67.55%	97.92%	99.73%

Descriptive Statistics

Mean	7.027%
Standard Error	1.681%
Median	6.408%
Mode	-5.612%
Standard Deviation	20.176%
Sample Variance	407.087%
Kurtosis	3.41
Skewness	0.94
Range	152.948%
Minimum	-54.644%
Maximum	98.304%
Count	144

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	17.181%	93	64.58%	11.096%
Negative	-11.488%	51	35.42%	-4.069%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average Quarterly True Range %
4	1 Year	16.27%
12	3 Years	16.04%
20	5 Years	16.65%
40	10 Years	17.82%
80	20 Years	20.02%
200	50 Years	27.74%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.09. Further, an Excess Kurtosis of 16.67 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -35.76%	0	0.00%	0.00%
-35.76% to -18.65%	0	0.00%	0.00%
-18.65% to -1.54%	0	0.00%	0.00%
-1.54% to 15.57%	25	17.24%	17.24%
15.57% to 32.68%	72	49.66%	66.90%
32.68% to 49.80%	25	17.24%	84.14%
49.80% to 66.91%	15	10.34%	94.48%
66.91% to 84.02%	4	2.76%	97.24%
84.02% to 101.13%	2	1.38%	98.62%
Greater than 101.13%	2	1.38%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	9.87%	55.50%	86.21%	68.27%
±2σ	-12.95%	78.31%	95.17%	95.45%
±3σ	-35.76%	101.13%	98.62%	99.73%

Descriptive Statistics

Mean	32.684%
Standard Error	1.895%
Median	27.332%
Mode	6.999%
Standard Deviation	22.815%
Sample Variance	520.544%
Kurtosis	16.67
Skewness	3.09
Range	185.892%
Minimum	6.999%
Maximum	192.891%
Count	145

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	32.684%	145	100.00%	32.684%
Negative	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

Open-to-Close Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 1.93. Further, an Excess Kurtosis of 10.82 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -61.04%	0	0.00%	0.00%
-61.04% to -46.49%	1	0.69%	0.69%
-46.49% to -31.95%	4	2.76%	3.45%
-31.95% to -17.40%	20	13.79%	17.24%
-17.40% to -2.85%	54	37.24%	54.48%
-2.85% to 11.69%	43	29.66%	84.14%
11.69% to 26.24%	16	11.03%	95.17%
26.24% to 40.79%	4	2.76%	97.93%
40.79% to 55.34%	2	1.38%	99.31%
Greater than 55.34%	1	0.69%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-22.25%	16.54%	75.17%	68.27%
±2σ	-41.65%	35.94%	95.86%	95.45%
±3σ	-61.04%	55.34%	99.31%	99.73%

Descriptive Statistics

Mean	-2.853%
Standard Error	1.611%
Median	-5.106%
Mode	-50.428%
Standard Deviation	19.396%
Sample Variance	376.192%
Kurtosis	10.82
Skewness	1.93
Range	171.276%
Minimum	-50.428%
Maximum	120.848%
Count	145

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	14.170%	56	38.62%	5.473%
Negative	-13.565%	89	61.38%	-8.326%
Zero	0.000%	0	0.00%	0.000%

CSCO Deep Analytical Report