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%	1.68%	1.50%	2.40%	1.55%	1.77%	311.11	320.89	306.33	325.89
Weekly	3.84%	4.46%	3.88%	5.60%	3.41%	3.90%	305.37	326.91	295.14	338.24
Monthly	7.45%	11.62%	7.80%	11.94%	7.09%	8.11%	294.32	339.19	274.17	364.12
Quarterly	12.15%	22.37%	12.86%	19.22%	12.29%	14.04%	279.43	357.27	247.12	403.97
Annual	—	—	—	—	24.57%	28.09%	247.12	403.97	193.28	516.50
Option Time Horizon	—	—	—	—	9.45%	10.80%	287.46	347.28	261.54	381.70

Calculation Notes: Computed at 2026-02-22T14:20 UTC | Reference Contract: Call option expiring 2026-04-17 (54 days) | Spot Price (S): $315.96 | Strike (K): $320.00 (first OTM call ≥ spot) | Observed Mid-Price: $10.9000 (Bid $9.9000 / Ask $11.9000) | Risk-Free Rate (r): 3.72% (1-Month CMT, US Treasury) | Dividend Yield (q): 0.19% | Binomial IV (Annual): 24.57% (CRR binomial tree, American, n=20 steps) | BS IV: 24.78% (European Black-Scholes) | Yahoo IV (Annual): 28.09% → 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
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 5.80 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	0.72%	0.72%
-5.24% to -3.91%	31	1.01%	1.73%
-3.91% to -2.58%	116	3.79%	5.52%
-2.58% to -1.25%	348	11.36%	16.87%
-1.25% to 0.08%	1025	33.45%	50.33%
0.08% to 1.41%	1012	33.03%	83.36%
1.41% to 2.74%	345	11.26%	94.61%
2.74% to 4.08%	115	3.75%	98.37%
4.08% to 5.41%	27	0.88%	99.25%
Greater than 5.41%	23	0.75%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.69%	1.86%	77.48%	68.27%
±2σ	-3.47%	3.63%	95.17%	95.45%
±3σ	-5.24%	5.41%	98.53%	99.73%

Descriptive Statistics

Mean	0.082%
Standard Error	0.032%
Median	0.073%
Mode	0.000%
Standard Deviation	1.775%
Sample Variance	3.152%
Kurtosis	5.80
Skewness	0.09
Range	26.622%
Minimum	-12.571%
Maximum	14.051%
Count	3064

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.286%	1595	52.06%	0.669%
Negative	-1.244%	1447	47.23%	-0.587%
Zero	0.000%	22	0.72%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	2.28%
20	1 Month	2.15%
60	1 Quarter	1.99%
250	1 Year	2.30%
750	3 Years	2.02%
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 68.74 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -2.71%	0	0.00%	0.00%
-2.71% to -1.46%	0	0.00%	0.00%
-1.46% to -0.20%	0	0.00%	0.00%
-0.20% to 1.06%	288	9.40%	9.40%
1.06% to 2.31%	1679	54.78%	64.18%
2.31% to 3.57%	707	23.07%	87.24%
3.57% to 4.82%	245	7.99%	95.24%
4.82% to 6.08%	75	2.45%	97.68%
6.08% to 7.34%	38	1.24%	98.92%
Greater than 7.34%	33	1.08%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.64%	3.99%	90.80%	68.27%
±2σ	-1.04%	5.66%	97.13%	95.45%
±3σ	-2.71%	7.34%	98.92%	99.73%

Descriptive Statistics

Mean	2.312%
Standard Error	0.030%
Median	1.908%
Mode	1.047%
Standard Deviation	1.675%
Sample Variance	2.806%
Kurtosis	68.74
Skewness	5.97
Range	31.451%
Minimum	0.513%
Maximum	31.964%
Count	3065

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.312%	3065	100.00%	2.312%
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 0.37. Further, an Excess Kurtosis of 3.36 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%	14	0.46%	0.46%
-4.51% to -3.38%	32	1.04%	1.50%
-3.38% to -2.26%	116	3.78%	5.29%
-2.26% to -1.13%	403	13.15%	18.43%
-1.13% to -0.00%	1006	32.82%	51.26%
-0.00% to 1.13%	947	30.90%	82.15%
1.13% to 2.25%	356	11.62%	93.77%
2.25% to 3.38%	127	4.14%	97.91%
3.38% to 4.51%	45	1.47%	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%	75.50%	68.27%
±2σ	-3.01%	3.01%	94.78%	95.45%
±3σ	-4.51%	4.51%	98.92%	99.73%

Descriptive Statistics

Mean	-0.001%
Standard Error	0.027%
Median	-0.045%
Mode	0.000%
Standard Deviation	1.504%
Sample Variance	2.263%
Kurtosis	3.36
Skewness	0.37
Range	17.521%
Minimum	-8.667%
Maximum	8.854%
Count	3065

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.137%	1473	48.06%	0.546%
Negative	-1.067%	1571	51.26%	-0.547%
Zero	0.000%	21	0.69%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.41. Further, an Excess Kurtosis of 3.12 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -11.13%	6	0.94%	0.94%
-11.13% to -8.25%	10	1.57%	2.52%
-8.25% to -5.37%	24	3.77%	6.29%
-5.37% to -2.49%	72	11.32%	17.61%
-2.49% to 0.39%	198	31.13%	48.74%
0.39% to 3.27%	213	33.49%	82.23%
3.27% to 6.16%	81	12.74%	94.97%
6.16% to 9.04%	24	3.77%	98.74%
9.04% to 11.92%	6	0.94%	99.69%
Greater than 11.92%	2	0.31%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.45%	4.24%	75.79%	68.27%
±2σ	-7.29%	8.08%	94.18%	95.45%
±3σ	-11.13%	11.92%	98.74%	99.73%

Descriptive Statistics

Mean	0.393%
Standard Error	0.152%
Median	0.502%
Mode	0.630%
Standard Deviation	3.842%
Sample Variance	14.759%
Kurtosis	3.12
Skewness	-0.41
Range	37.706%
Minimum	-19.308%
Maximum	18.398%
Count	636

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.859%	355	55.82%	1.596%
Negative	-2.732%	280	44.02%	-1.203%
Zero	0.000%	1	0.16%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	4.48%
12	1 Quarter	4.47%
52	1 Year	5.36%
156	3 Years	4.67%
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 5.29. Further, an Excess Kurtosis of 48.89 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -7.44%	0	0.00%	0.00%
-7.44% to -4.09%	0	0.00%	0.00%
-4.09% to -0.74%	0	0.00%	0.00%
-0.74% to 2.60%	52	8.16%	8.16%
2.60% to 5.95%	353	55.42%	63.58%
5.95% to 9.30%	159	24.96%	88.54%
9.30% to 12.64%	44	6.91%	95.45%
12.64% to 15.99%	13	2.04%	97.49%
15.99% to 19.34%	7	1.10%	98.59%
Greater than 19.34%	9	1.41%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.49%	10.41%	91.84%	68.27%
±2σ	-2.98%	14.88%	97.02%	95.45%
±3σ	-7.44%	19.34%	98.59%	99.73%

Descriptive Statistics

Mean	5.949%
Standard Error	0.177%
Median	4.926%
Mode	2.280%
Standard Deviation	4.463%
Sample Variance	19.922%
Kurtosis	48.89
Skewness	5.29
Range	59.915%
Minimum	1.439%
Maximum	61.354%
Count	637

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	5.949%	637	100.00%	5.949%
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 6.72 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -11.73%	2	0.31%	0.31%
-11.73% to -8.82%	1	0.16%	0.47%
-8.82% to -5.92%	27	4.24%	4.71%
-5.92% to -3.00%	80	12.56%	17.27%
-3.00% to -0.10%	232	36.42%	53.69%
-0.10% to 2.81%	194	30.46%	84.14%
2.81% to 5.72%	59	9.26%	93.41%
5.72% to 8.63%	26	4.08%	97.49%
8.63% to 11.54%	9	1.41%	98.90%
Greater than 11.54%	7	1.10%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.98%	3.78%	75.82%	68.27%
±2σ	-7.85%	7.67%	95.13%	95.45%
±3σ	-11.74%	11.54%	98.59%	99.73%

Descriptive Statistics

Mean	-0.095%
Standard Error	0.154%
Median	-0.404%
Mode	0.000%
Standard Deviation	3.880%
Sample Variance	15.055%
Kurtosis	6.72
Skewness	1.20
Range	44.227%
Minimum	-14.819%
Maximum	29.408%
Count	637

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.941%	287	45.05%	1.325%
Negative	-2.607%	347	54.47%	-1.420%
Zero	0.000%	3	0.47%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.48. Further, an Excess Kurtosis of 2.16 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -20.69%	2	1.37%	1.37%
-20.69% to -15.10%	1	0.68%	2.05%
-15.10% to -9.52%	4	2.74%	4.79%
-9.52% to -3.93%	23	15.75%	20.55%
-3.93% to 1.65%	37	25.34%	45.89%
1.65% to 7.24%	48	32.88%	78.77%
7.24% to 12.83%	23	15.75%	94.52%
12.83% to 18.41%	6	4.11%	98.63%
18.41% to 24.00%	2	1.37%	100.00%
Greater than 24.00%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.79%	9.10%	76.03%	68.27%
±2σ	-13.24%	16.55%	94.52%	95.45%
±3σ	-20.69%	24.00%	98.63%	99.73%

Descriptive Statistics

Mean	1.654%
Standard Error	0.616%
Median	2.363%
Mode	-29.794%
Standard Deviation	7.448%
Sample Variance	55.476%
Kurtosis	2.16
Skewness	-0.48
Range	51.778%
Minimum	-29.794%
Maximum	21.984%
Count	146

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.191%	88	60.27%	3.732%
Negative	-5.323%	57	39.04%	-2.078%
Zero	0.000%	1	0.69%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	9.64%
12	1 Year	11.11%
36	3 Years	9.91%
60	5 Years	11.94%
120	10 Years	12.57%
240	20 Years	12.44%
600	50 Years	12.44%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 6.13. Further, an Excess Kurtosis of 52.65 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -21.02%	0	0.00%	0.00%
-21.02% to -12.30%	0	0.00%	0.00%
-12.30% to -3.59%	0	0.00%	0.00%
-3.59% to 5.13%	0	0.00%	0.00%
5.13% to 13.84%	104	70.75%	70.75%
13.84% to 22.56%	28	19.05%	89.80%
22.56% to 31.27%	8	5.44%	95.24%
31.27% to 39.98%	5	3.40%	98.64%
39.98% to 48.70%	0	0.00%	98.64%
Greater than 48.70%	2	1.36%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.22%	25.46%	91.84%	68.27%
±2σ	-9.40%	37.08%	98.64%	95.45%
±3σ	-21.02%	48.70%	98.64%	99.73%

Descriptive Statistics

Mean	13.842%
Standard Error	0.958%
Median	10.760%
Mode	5.766%
Standard Deviation	11.619%
Sample Variance	135.007%
Kurtosis	52.65
Skewness	6.13
Range	116.627%
Minimum	5.766%
Maximum	122.393%
Count	147

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	13.842%	147	100.00%	13.842%
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 1.52. Further, an Excess Kurtosis of 6.42 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -24.30%	0	0.00%	0.00%
-24.30% to -18.46%	0	0.00%	0.00%
-18.46% to -12.61%	6	4.08%	4.08%
-12.61% to -6.76%	24	16.33%	20.41%
-6.76% to -0.91%	53	36.05%	56.46%
-0.91% to 4.94%	38	25.85%	82.31%
4.94% to 10.79%	18	12.24%	94.56%
10.79% to 16.63%	5	3.40%	97.96%
16.63% to 22.48%	1	0.68%	98.64%
Greater than 22.48%	2	1.36%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-8.71%	6.89%	78.23%	68.27%
±2σ	-16.51%	14.69%	95.92%	95.45%
±3σ	-24.30%	22.48%	98.64%	99.73%

Descriptive Statistics

Mean	-0.911%
Standard Error	0.643%
Median	-1.968%
Mode	-3.899%
Standard Deviation	7.798%
Sample Variance	60.802%
Kurtosis	6.42
Skewness	1.52
Range	59.867%
Minimum	-17.663%
Maximum	42.204%
Count	147

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.239%	57	38.78%	2.419%
Negative	-5.440%	90	61.22%	-3.331%
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 -0.69. Further, an Excess Kurtosis of 1.18 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -31.50%	0	0.00%	0.00%
-31.50% to -22.39%	2	4.08%	4.08%
-22.39% to -13.28%	1	2.04%	6.12%
-13.28% to -4.16%	5	10.20%	16.33%
-4.16% to 4.95%	15	30.61%	46.94%
4.95% to 14.06%	15	30.61%	77.55%
14.06% to 23.17%	7	14.29%	91.84%
23.17% to 32.28%	4	8.16%	100.00%
32.28% to 41.39%	0	0.00%	100.00%
Greater than 41.39%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-7.20%	17.09%	73.47%	68.27%
±2σ	-19.35%	29.24%	95.92%	95.45%
±3σ	-31.50%	41.39%	100.00%	99.73%

Descriptive Statistics

Mean	4.947%
Standard Error	1.735%
Median	5.733%
Mode	-29.660%
Standard Deviation	12.148%
Sample Variance	147.579%
Kurtosis	1.18
Skewness	-0.69
Range	56.596%
Minimum	-29.660%
Maximum	26.936%
Count	49

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	10.610%	35	71.43%	7.579%
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	16.46%
12	3 Years	17.87%
20	5 Years	19.22%
40	10 Years	21.13%
80	20 Years	21.32%
200	50 Years	21.32%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 4.78. Further, an Excess Kurtosis of 27.98 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -41.76%	0	0.00%	0.00%
-41.76% to -24.98%	0	0.00%	0.00%
-24.98% to -8.21%	0	0.00%	0.00%
-8.21% to 8.57%	1	2.00%	2.00%
8.57% to 25.34%	34	68.00%	70.00%
25.34% to 42.12%	11	22.00%	92.00%
42.12% to 58.90%	2	4.00%	96.00%
58.90% to 75.67%	1	2.00%	98.00%
75.67% to 92.45%	0	0.00%	98.00%
Greater than 92.45%	1	2.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.98%	47.71%	94.00%	68.27%
±2σ	-19.39%	70.08%	98.00%	95.45%
±3σ	-41.76%	92.45%	98.00%	99.73%

Descriptive Statistics

Mean	25.343%
Standard Error	3.163%
Median	20.722%
Mode	7.630%
Standard Deviation	22.368%
Sample Variance	500.322%
Kurtosis	27.98
Skewness	4.78
Range	153.047%
Minimum	7.630%
Maximum	160.677%
Count	50

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	25.343%	50	100.00%	25.343%
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 1.84. Further, an Excess Kurtosis of 4.83 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -41.54%	0	0.00%	0.00%
-41.54% to -31.89%	0	0.00%	0.00%
-31.89% to -22.24%	0	0.00%	0.00%
-22.24% to -12.60%	11	22.00%	22.00%
-12.60% to -2.95%	17	34.00%	56.00%
-2.95% to 6.70%	14	28.00%	84.00%
6.70% to 16.34%	5	10.00%	94.00%
16.34% to 25.99%	1	2.00%	96.00%
25.99% to 35.64%	0	0.00%	96.00%
Greater than 35.64%	2	4.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-15.81%	9.91%	82.00%	68.27%
±2σ	-28.67%	22.77%	94.00%	95.45%
±3σ	-41.54%	35.64%	96.00%	99.73%

Descriptive Statistics

Mean	-2.950%
Standard Error	1.819%
Median	-4.659%
Mode	-20.451%
Standard Deviation	12.862%
Sample Variance	165.437%
Kurtosis	4.83
Skewness	1.84
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	-8.418%	37	74.00%	-6.229%
Zero	0.000%	0	0.00%	0.000%

HLT Deep Analytical Report