HLT - 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	1.77%	1.67%	1.50%	2.40%	2.06%	2.34%	296.90	309.40	290.84	315.85
Weekly	3.83%	4.45%	3.87%	5.60%	4.54%	5.14%	289.64	317.17	276.79	331.89
Monthly	7.43%	11.59%	7.77%	11.90%	9.45%	10.71%	275.76	333.13	250.90	366.14
Quarterly	12.16%	22.33%	12.86%	19.37%	16.37%	18.55%	257.33	356.99	218.48	420.47
Annual	—	—	—	—	32.73%	37.10%	218.48	420.47	157.49	583.30
Option Time Horizon	—	—	—	—	12.36%	14.00%	267.86	342.95	236.73	388.05

Calculation Notes: Computed at 2026-03-23T16:36 UTC | Reference Contract: Call option expiring 2026-05-15 (52 days) | Spot Price (S): $303.09 | Strike (K): $310.00 (first OTM call ≥ spot) | Observed Mid-Price: $12.7000 (Bid $11.2000 / Ask $14.2000) | Risk-Free Rate (r): 3.73% (1-Month CMT, US Treasury) | Dividend Yield (q): 0.21% | Binomial IV (Annual): 32.73% (CRR binomial tree, American, n=20 steps) | BS IV: 33.11% (European Black-Scholes) | Yahoo IV (Annual): 37.10% → 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
2026-02-27	$0.1500
2025-11-21	$0.1500
2025-08-29	$0.1500
2025-05-23	$0.1500
2025-02-21	$0.1500
2024-11-15	$0.1500
2024-08-23	$0.1500
2024-05-16	$0.1500
2024-02-22	$0.1500
2023-11-16	$0.1500
2023-08-24	$0.1500
2023-05-18	$0.1500
2023-02-27	$0.1500
2022-11-09	$0.1500
2022-08-25	$0.1500
2022-05-26	$0.1500
2020-02-27	$0.1500
2019-11-07	$0.1500
2019-08-08	$0.1500
2019-05-16	$0.1500
2019-02-28	$0.1500
2018-11-08	$0.1500
2018-08-09	$0.1500
2018-05-10	$0.1500
2018-03-01	$0.1500
2017-11-16	$0.1500
2017-08-16	$0.1500
2017-05-10	$0.1500
2017-03-08	$0.1500
2016-11-08	$0.1436
2016-08-17	$0.1436
2016-05-18	$0.1436
2016-03-16	$0.1436
2015-11-24	$0.1436
2015-08-12	$0.1436

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.09. Further, an Excess Kurtosis of 5.77 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -5.24%	22	0.71%	0.71%
-5.24% to -3.91%	31	1.00%	1.72%
-3.91% to -2.58%	117	3.79%	5.51%
-2.58% to -1.25%	354	11.47%	16.99%
-1.25% to 0.08%	1025	33.23%	50.21%
0.08% to 1.41%	1020	33.06%	83.27%
1.41% to 2.74%	350	11.35%	94.62%
2.74% to 4.07%	116	3.76%	98.38%
4.07% to 5.40%	26	0.84%	99.22%
Greater than 5.40%	24	0.78%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.69%	1.85%	77.41%	68.27%
±2σ	-3.47%	3.63%	95.20%	95.45%
±3σ	-5.24%	5.40%	98.54%	99.73%

Descriptive Statistics

Mean	0.080%
Standard Error	0.032%
Median	0.073%
Mode	0.000%
Standard Deviation	1.774%
Sample Variance	3.149%
Kurtosis	5.77
Skewness	0.09
Range	26.622%
Minimum	-12.571%
Maximum	14.051%
Count	3085

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.285%	1605	52.03%	0.669%
Negative	-1.246%	1458	47.26%	-0.589%
Zero	0.000%	22	0.71%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	2.93%
20	1 Month	2.93%
60	1 Quarter	2.34%
250	1 Year	2.29%
750	3 Years	2.04%
1,250	5 Years	2.40%
2,500	10 Years	2.45%
5,000	20 Years	2.45%
12,500	50 Years	2.45%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 5.97. Further, an Excess Kurtosis of 68.83 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -2.70%	0	0.00%	0.00%
-2.70% to -1.45%	0	0.00%	0.00%
-1.45% to -0.19%	0	0.00%	0.00%
-0.19% to 1.06%	294	9.53%	9.53%
1.06% to 2.31%	1685	54.60%	64.13%
2.31% to 3.57%	712	23.07%	87.20%
3.57% to 4.82%	248	8.04%	95.24%
4.82% to 6.08%	76	2.46%	97.70%
6.08% to 7.33%	37	1.20%	98.90%
Greater than 7.33%	34	1.10%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.64%	3.99%	90.76%	68.27%
±2σ	-1.03%	5.66%	97.15%	95.45%
±3σ	-2.70%	7.33%	98.93%	99.73%

Descriptive Statistics

Mean	2.314%
Standard Error	0.030%
Median	1.913%
Mode	1.047%
Standard Deviation	1.672%
Sample Variance	2.795%
Kurtosis	68.83
Skewness	5.97
Range	31.451%
Minimum	0.513%
Maximum	31.964%
Count	3086

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.314%	3086	100.00%	2.314%
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 0.36. Further, an Excess Kurtosis of 3.34 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -4.51%	15	0.49%	0.49%
-4.51% to -3.38%	31	1.00%	1.49%
-3.38% to -2.26%	118	3.82%	5.31%
-2.26% to -1.13%	407	13.19%	18.50%
-1.13% to -0.00%	1011	32.76%	51.26%
-0.00% to 1.12%	949	30.75%	82.02%
1.12% to 2.25%	364	11.80%	93.81%
2.25% to 3.38%	127	4.12%	97.93%
3.38% to 4.51%	45	1.46%	99.38%
Greater than 4.51%	19	0.62%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.50%	1.50%	75.44%	68.27%
±2σ	-3.01%	3.00%	94.75%	95.45%
±3σ	-4.51%	4.51%	98.90%	99.73%

Descriptive Statistics

Mean	-0.002%
Standard Error	0.027%
Median	-0.045%
Mode	0.000%
Standard Deviation	1.503%
Sample Variance	2.260%
Kurtosis	3.34
Skewness	0.36
Range	17.521%
Minimum	-8.667%
Maximum	8.854%
Count	3086

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.136%	1483	48.06%	0.546%
Negative	-1.069%	1582	51.26%	-0.548%
Zero	0.000%	21	0.68%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.40. Further, an Excess Kurtosis of 3.13 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -11.12%	6	0.94%	0.94%
-11.12% to -8.24%	10	1.56%	2.50%
-8.24% to -5.37%	24	3.75%	6.25%
-5.37% to -2.49%	71	11.09%	17.34%
-2.49% to 0.38%	203	31.72%	49.06%
0.38% to 3.26%	211	32.97%	82.03%
3.26% to 6.13%	83	12.97%	95.00%
6.13% to 9.01%	24	3.75%	98.75%
9.01% to 11.89%	6	0.94%	99.69%
Greater than 11.89%	2	0.31%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.45%	4.22%	75.94%	68.27%
±2σ	-7.28%	8.05%	94.22%	95.45%
±3σ	-11.12%	11.89%	98.75%	99.73%

Descriptive Statistics

Mean	0.384%
Standard Error	0.152%
Median	0.499%
Mode	0.630%
Standard Deviation	3.834%
Sample Variance	14.699%
Kurtosis	3.13
Skewness	-0.40
Range	37.706%
Minimum	-19.308%
Maximum	18.398%
Count	640

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.864%	355	55.47%	1.589%
Negative	-2.714%	284	44.38%	-1.204%
Zero	0.000%	1	0.16%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	5.74%
12	1 Quarter	5.01%
52	1 Year	5.26%
156	3 Years	4.65%
260	5 Years	5.60%
520	10 Years	5.73%
1,040	20 Years	5.71%
2,600	50 Years	5.71%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 5.31. Further, an Excess Kurtosis of 49.21 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -7.39%	0	0.00%	0.00%
-7.39% to -4.06%	0	0.00%	0.00%
-4.06% to -0.72%	0	0.00%	0.00%
-0.72% to 2.62%	55	8.58%	8.58%
2.62% to 5.95%	353	55.07%	63.65%
5.95% to 9.29%	160	24.96%	88.61%
9.29% to 12.62%	44	6.86%	95.48%
12.62% to 15.96%	13	2.03%	97.50%
15.96% to 19.30%	7	1.09%	98.60%
Greater than 19.30%	9	1.40%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.50%	10.40%	91.89%	68.27%
±2σ	-2.95%	14.85%	97.04%	95.45%
±3σ	-7.39%	19.30%	98.60%	99.73%

Descriptive Statistics

Mean	5.952%
Standard Error	0.176%
Median	4.946%
Mode	2.280%
Standard Deviation	4.449%
Sample Variance	19.796%
Kurtosis	49.21
Skewness	5.31
Range	59.915%
Minimum	1.439%
Maximum	61.354%
Count	641

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	5.952%	641	100.00%	5.952%
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 1.20. Further, an Excess Kurtosis of 6.75 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -11.70%	2	0.31%	0.31%
-11.70% to -8.80%	1	0.16%	0.47%
-8.80% to -5.90%	27	4.21%	4.68%
-5.90% to -2.99%	80	12.48%	17.16%
-2.99% to -0.09%	234	36.51%	53.67%
-0.09% to 2.81%	196	30.58%	84.24%
2.81% to 5.72%	59	9.20%	93.45%
5.72% to 8.62%	26	4.06%	97.50%
8.62% to 11.52%	9	1.40%	98.91%
Greater than 11.52%	7	1.09%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.96%	3.78%	75.98%	68.27%
±2σ	-7.83%	7.65%	95.16%	95.45%
±3σ	-11.70%	11.52%	98.60%	99.73%

Descriptive Statistics

Mean	-0.090%
Standard Error	0.153%
Median	-0.404%
Mode	-0.912%
Standard Deviation	3.871%
Sample Variance	14.983%
Kurtosis	6.75
Skewness	1.20
Range	44.227%
Minimum	-14.819%
Maximum	29.408%
Count	641

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.939%	289	45.09%	1.325%
Negative	-2.600%	349	54.45%	-1.416%
Zero	0.000%	3	0.47%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.47. Further, an Excess Kurtosis of 2.17 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -20.67%	2	1.36%	1.36%
-20.67% to -15.10%	1	0.68%	2.04%
-15.10% to -9.53%	4	2.72%	4.76%
-9.53% to -3.96%	22	14.97%	19.73%
-3.96% to 1.61%	39	26.53%	46.26%
1.61% to 7.18%	47	31.97%	78.23%
7.18% to 12.76%	24	16.33%	94.56%
12.76% to 18.33%	6	4.08%	98.64%
18.33% to 23.90%	2	1.36%	100.00%
Greater than 23.90%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.81%	9.04%	76.19%	68.27%
±2σ	-13.24%	16.47%	94.56%	95.45%
±3σ	-20.67%	23.90%	98.64%	99.73%

Descriptive Statistics

Mean	1.613%
Standard Error	0.613%
Median	2.340%
Mode	-29.794%
Standard Deviation	7.428%
Sample Variance	55.174%
Kurtosis	2.17
Skewness	-0.47
Range	51.778%
Minimum	-29.794%
Maximum	21.984%
Count	147

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.175%	88	59.86%	3.697%
Negative	-5.282%	58	39.46%	-2.084%
Zero	0.000%	1	0.68%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	8.85%
12	1 Year	10.20%
36	3 Years	9.72%
60	5 Years	11.90%
120	10 Years	12.52%
240	20 Years	12.41%
600	50 Years	12.41%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 6.14. Further, an Excess Kurtosis of 52.85 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -20.99%	0	0.00%	0.00%
-20.99% to -12.29%	0	0.00%	0.00%
-12.29% to -3.60%	0	0.00%	0.00%
-3.60% to 5.10%	0	0.00%	0.00%
5.10% to 13.79%	103	69.59%	69.59%
13.79% to 22.49%	30	20.27%	89.86%
22.49% to 31.19%	8	5.41%	95.27%
31.19% to 39.88%	5	3.38%	98.65%
39.88% to 48.58%	0	0.00%	98.65%
Greater than 48.58%	2	1.35%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.20%	25.39%	91.89%	68.27%
±2σ	-9.39%	36.98%	97.97%	95.45%
±3σ	-20.99%	48.58%	98.65%	99.73%

Descriptive Statistics

Mean	13.795%
Standard Error	0.953%
Median	10.752%
Mode	5.766%
Standard Deviation	11.594%
Sample Variance	134.414%
Kurtosis	52.85
Skewness	6.14
Range	116.627%
Minimum	5.766%
Maximum	122.393%
Count	148

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	13.795%	148	100.00%	13.795%
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 1.53. Further, an Excess Kurtosis of 6.49 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -24.20%	0	0.00%	0.00%
-24.20% to -18.38%	0	0.00%	0.00%
-18.38% to -12.55%	6	4.05%	4.05%
-12.55% to -6.72%	24	16.22%	20.27%
-6.72% to -0.90%	53	35.81%	56.08%
-0.90% to 4.92%	38	25.68%	81.76%
4.92% to 10.75%	19	12.84%	94.59%
10.75% to 16.58%	5	3.38%	97.97%
16.58% to 22.40%	1	0.68%	98.65%
Greater than 22.40%	2	1.35%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-8.67%	6.87%	78.38%	68.27%
±2σ	-16.43%	14.63%	95.95%	95.45%
±3σ	-24.20%	22.40%	98.65%	99.73%

Descriptive Statistics

Mean	-0.900%
Standard Error	0.638%
Median	-1.958%
Mode	-3.899%
Standard Deviation	7.767%
Sample Variance	60.328%
Kurtosis	6.49
Skewness	1.53
Range	59.867%
Minimum	-17.663%
Maximum	42.204%
Count	148

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.239%	57	38.51%	2.403%
Negative	-5.371%	91	61.49%	-3.302%
Zero	0.000%	0	0.00%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Left Skewed (Negative Asymmetry) with a Skewness factor of -0.66. Further, an Excess Kurtosis of 1.14 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -31.62%	0	0.00%	0.00%
-31.62% to -22.50%	2	4.08%	4.08%
-22.50% to -13.38%	1	2.04%	6.12%
-13.38% to -4.26%	5	10.20%	16.33%
-4.26% to 4.86%	15	30.61%	46.94%
4.86% to 13.97%	15	30.61%	77.55%
13.97% to 23.09%	7	14.29%	91.84%
23.09% to 32.21%	4	8.16%	100.00%
32.21% to 41.33%	0	0.00%	100.00%
Greater than 41.33%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-7.30%	17.01%	75.51%	68.27%
±2σ	-19.46%	29.17%	95.92%	95.45%
±3σ	-31.62%	41.33%	100.00%	99.73%

Descriptive Statistics

Mean	4.855%
Standard Error	1.737%
Median	5.510%
Mode	-29.660%
Standard Deviation	12.158%
Sample Variance	147.823%
Kurtosis	1.14
Skewness	-0.66
Range	56.596%
Minimum	-29.660%
Maximum	26.936%
Count	49

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	10.481%	35	71.43%	7.486%
Negative	-9.211%	14	28.57%	-2.632%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average Quarterly True Range %
4	1 Year	17.21%
12	3 Years	18.12%
20	5 Years	19.37%
40	10 Years	21.21%
80	20 Years	21.38%
200	50 Years	21.38%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 4.79. Further, an Excess Kurtosis of 28.12 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -41.58%	0	0.00%	0.00%
-41.58% to -24.83%	0	0.00%	0.00%
-24.83% to -8.08%	0	0.00%	0.00%
-8.08% to 8.66%	1	2.00%	2.00%
8.66% to 25.41%	34	68.00%	70.00%
25.41% to 42.16%	11	22.00%	92.00%
42.16% to 58.91%	2	4.00%	96.00%
58.91% to 75.65%	1	2.00%	98.00%
75.65% to 92.40%	0	0.00%	98.00%
Greater than 92.40%	1	2.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	3.08%	47.74%	94.00%	68.27%
±2σ	-19.25%	70.07%	98.00%	95.45%
±3σ	-41.58%	92.40%	98.00%	99.73%

Descriptive Statistics

Mean	25.412%
Standard Error	3.158%
Median	20.721%
Mode	7.630%
Standard Deviation	22.330%
Sample Variance	498.649%
Kurtosis	28.12
Skewness	4.79
Range	153.047%
Minimum	7.630%
Maximum	160.677%
Count	50

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	25.412%	50	100.00%	25.412%
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 1.82. Further, an Excess Kurtosis of 4.78 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -41.45%	0	0.00%	0.00%
-41.45% to -31.81%	0	0.00%	0.00%
-31.81% to -22.16%	0	0.00%	0.00%
-22.16% to -12.51%	11	22.00%	22.00%
-12.51% to -2.87%	17	34.00%	56.00%
-2.87% to 6.78%	14	28.00%	84.00%
6.78% to 16.43%	5	10.00%	94.00%
16.43% to 26.07%	1	2.00%	96.00%
26.07% to 35.72%	0	0.00%	96.00%
Greater than 35.72%	2	4.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-15.73%	10.00%	82.00%	68.27%
±2σ	-28.59%	22.86%	94.00%	95.45%
±3σ	-41.45%	35.72%	96.00%	99.73%

Descriptive Statistics

Mean	-2.866%
Standard Error	1.819%
Median	-4.312%
Mode	-20.451%
Standard Deviation	12.862%
Sample Variance	165.426%
Kurtosis	4.78
Skewness	1.82
Range	63.814%
Minimum	-20.451%
Maximum	43.363%
Count	50

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	12.612%	13	26.00%	3.279%
Negative	-8.304%	37	74.00%	-6.145%
Zero	0.000%	0	0.00%	0.000%

HLT Deep Analytical Report