KO 资产分析 - DOR 信号与波动率

Quick 总览

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 低er (68.27%)	1σ Upper	2σ 低er (95.45%)	2σ Upper
日度	1.44%	1.19%	1.27%	1.47%	1.30%	1.35%	75.64	77.63	74.67	78.64
周度	3.22%	2.97%	3.19%	3.31%	2.86%	2.97%	74.47	78.85	72.38	81.13
月度	5.85%	6.18%	5.95%	7.08%	5.95%	6.18%	72.21	81.32	68.04	86.31
季度	9.33%	10.73%	9.16%	11.57%	10.30%	10.71%	69.13	84.94	62.37	94.15
Annual	—	—	—	—	20.59%	21.41%	62.37	94.15	50.76	115.69
Option Time Horizon	—	—	—	—	7.85%	8.16%	70.85	82.89	65.50	89.65

Calculation Notes: Computed at 2026-04-26T02:44 UTC | Reference Contract: Call option expiring 2026-06-18 (53 days) | Spot 价格 (S): $76.63 | Strike (K): $77.50 (first OTM call ≥ spot) | Observed Mid-价格: $2.0650 (Bid $2.0100 / Ask $2.1200) | Risk-Free Rate (r): 3.69% (1-Month CMT, US Treasury) | Dividend Yield (q): 2.67% | Binomial IV (Annual): 20.59% (CRR binomial tree, American, n=20 steps) | BS IV: 20.78% (European Black-Scholes) | Yahoo IV (Annual): 21.41% → period-scaled as σ_period = σ_annual·√h | 价格 bands: Upper = S·e^+σ√h, 低er = S·e^−σ√h

Historical Dividend Payouts

Ex-Dividend Date	Amount
2026-03-13	$0.5300
2025-12-01	$0.5100
2025-09-15	$0.5100
2025-06-13	$0.5100
2025-03-14	$0.5100
2024-11-29	$0.4850
2024-09-13	$0.4850
2024-06-14	$0.4850
2024-03-14	$0.4850
2023-11-30	$0.4600
2023-09-14	$0.4600
2023-06-15	$0.4600
2023-03-16	$0.4600
2022-11-30	$0.4400
2022-09-15	$0.4400
2022-06-14	$0.4400
2022-03-14	$0.4400
2021-11-30	$0.4200
2021-09-14	$0.4200
2021-06-14	$0.4200
2021-03-12	$0.4200
2020-11-30	$0.4100
2020-09-14	$0.4100
2020-06-12	$0.4100
2020-03-13	$0.4100
2019-11-29	$0.4000
2019-09-13	$0.4000
2019-06-13	$0.4000
2019-03-14	$0.4000
2018-11-29	$0.3900
2018-09-13	$0.3900
2018-06-14	$0.3900
2018-03-14	$0.3900
2017-11-30	$0.3700
2017-09-14	$0.3700
2017-06-13	$0.3700
2017-03-13	$0.3700
2016-11-29	$0.3500
2016-09-13	$0.3500
2016-06-13	$0.3500
2016-03-11	$0.3500
2015-11-27	$0.3300
2015-09-11	$0.3300
2015-06-11	$0.3300
2015-03-12	$0.3300
2014-11-26	$0.3050
2014-09-11	$0.3050
2014-06-12	$0.3050
2014-03-12	$0.3050
2013-11-27	$0.2800
2013-09-12	$0.2800
2013-06-12	$0.2800
2013-03-13	$0.2800
2012-11-28	$0.2550
2012-09-12	$0.2550
2012-06-13	$0.2550
2012-03-13	$0.2550
2011-11-29	$0.2350
2011-09-13	$0.2350
2011-06-13	$0.2350
2011-03-11	$0.2350
2010-11-29	$0.2200
2010-09-13	$0.2200
2010-06-11	$0.2200
2010-03-11	$0.2200
2009-11-27	$0.2050
2009-09-11	$0.2050
2009-06-11	$0.2050
2009-03-11	$0.2050
2008-11-26	$0.1900
2008-09-11	$0.1900
2008-06-11	$0.1900
2008-03-12	$0.1900
2007-11-28	$0.1700
2007-09-12	$0.1700
2007-06-13	$0.1700
2007-03-13	$0.1700
2006-11-29	$0.1550
2006-09-13	$0.1550
2006-06-13	$0.1550
2006-03-13	$0.1550
2005-11-29	$0.1400
2005-09-13	$0.1400
2005-06-13	$0.1400
2005-03-11	$0.1400
2004-11-29	$0.1250
2004-09-13	$0.1250
2004-06-14	$0.1250
2004-03-11	$0.1250
2003-11-26	$0.1100
2003-09-11	$0.1100
2003-06-11	$0.1100
2003-03-12	$0.1100
2002-11-26	$0.1000
2002-09-11	$0.1000
2002-06-12	$0.1000
2002-03-13	$0.1000
2001-11-28	$0.0900
2001-09-17	$0.0900
2001-09-10	$0.1800
2001-06-13	$0.0900
2001-03-13	$0.0900
2000-11-29	$0.0850
2000-09-13	$0.0850
2000-06-13	$0.0850
2000-03-13	$0.0850
1999-11-29	$0.0800
1999-09-13	$0.0800
1999-06-11	$0.0800
1999-03-11	$0.0800
1998-11-27	$0.0750
1998-09-11	$0.0750
1998-06-11	$0.0750
1998-03-11	$0.0750
1997-11-26	$0.0700
1997-09-11	$0.0700
1997-06-11	$0.0700
1997-03-12	$0.0700
1996-11-26	$0.0625
1996-09-11	$0.0625
1996-06-12	$0.0625
1996-03-13	$0.0625
1995-11-29	$0.0550
1995-09-13	$0.0550
1995-06-13	$0.0550
1995-03-09	$0.0550
1994-11-25	$0.0488
1994-09-09	$0.0488
1994-06-09	$0.0488
1994-03-09	$0.0488
1993-11-24	$0.0425
1993-09-09	$0.0425
1993-06-09	$0.0425
1993-03-09	$0.0425
1992-11-24	$0.0350
1992-09-09	$0.0350
1992-06-09	$0.0350
1992-03-09	$0.0350
1991-11-22	$0.0300
1991-09-09	$0.0300
1991-06-10	$0.0300
1991-03-11	$0.0300
1990-11-26	$0.0250
1990-09-10	$0.0250
1990-06-11	$0.0250
1990-03-09	$0.0250
1989-11-27	$0.0213
1989-09-11	$0.0213
1989-06-09	$0.0213
1989-03-09	$0.0213
1988-11-25	$0.0187
1988-09-09	$0.0187
1988-06-09	$0.0187
1988-03-09	$0.0187
1987-11-24	$0.0175
1987-09-09	$0.0175
1987-06-09	$0.0175
1987-03-10	$0.0175
1986-11-24	$0.0163
1986-09-09	$0.0163
1986-06-10	$0.0163
1986-03-10	$0.0163
1985-11-25	$0.0154
1985-09-10	$0.0154
1985-06-11	$0.0154
1985-03-11	$0.0154
1984-11-27	$0.0144
1984-09-10	$0.0144
1984-06-11	$0.0144
1984-03-09	$0.0144
1983-11-25	$0.0140
1983-09-12	$0.0140
1983-06-09	$0.0140
1983-03-09	$0.0140
1982-11-24	$0.0129
1982-09-09	$0.0129
1982-05-24	$0.0129
1982-03-09	$0.0129
1981-11-24	$0.0121
1981-09-09	$0.0121
1981-06-09	$0.0121
1981-03-10	$0.0121
1980-11-24	$0.0112
1980-09-10	$0.0112
1980-06-09	$0.0112
1980-03-11	$0.0112
1979-11-26	$0.0102
1979-09-10	$0.0102
1979-06-12	$0.0102
1979-03-13	$0.0102
1978-11-27	$0.0091
1978-09-08	$0.0091
1978-06-12	$0.0091
1978-03-10	$0.0091
1977-11-25	$0.0080
1977-09-12	$0.0080
1977-06-10	$0.0080
1977-03-10	$0.0080
1976-11-24	$0.0069
1976-09-10	$0.0069
1976-06-08	$0.0069
1976-03-11	$0.0069
1975-11-24	$0.0060
1975-09-10	$0.0060
1975-06-09	$0.0060
1975-03-11	$0.0060
1974-11-25	$0.0056
1974-09-10	$0.0056
1974-06-10	$0.0053
1974-03-08	$0.0053
1973-11-26	$0.0049
1973-09-10	$0.0049
1973-06-08	$0.0044
1973-03-12	$0.0044
1972-11-27	$0.0043
1972-09-08	$0.0043
1972-06-08	$0.0043
1972-03-10	$0.0043
1971-11-24	$0.0041
1971-09-10	$0.0041
1971-06-08	$0.0041
1971-03-08	$0.0041
1970-11-24	$0.0037
1970-09-10	$0.0037
1970-06-08	$0.0037
1969-11-24	$0.0034
1969-09-10	$0.0034
1969-06-09	$0.0034
1969-03-10	$0.0034
1968-11-25	$0.0031
1968-09-10	$0.0031
1968-06-10	$0.0031
1968-03-08	$0.0027
1967-11-28	$0.0027
1967-09-11	$0.0027
1967-06-09	$0.0027
1967-03-13	$0.0027
1966-11-28	$0.0025
1966-09-09	$0.0025
1966-06-09	$0.0025
1966-03-14	$0.0025
1965-11-26	$0.0022
1965-09-09	$0.0022
1965-06-09	$0.0022
1965-03-09	$0.0022
1964-11-25	$0.0020
1964-09-09	$0.0020
1964-06-09	$0.0020
1964-03-10	$0.0020
1963-11-26	$0.0018
1963-09-11	$0.0018
1963-06-11	$0.0018
1963-03-11	$0.0018
1962-11-28	$0.0016
1962-09-11	$0.0016
1962-06-11	$0.0016
1962-03-13	$0.0016

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.06. Further, an Excess 峰度 of 12.90 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -4.25%	97	0.60%	0.60%
-4.25% to -3.17%	156	0.96%	1.56%
-3.17% to -2.10%	515	3.18%	4.75%
-2.10% to -1.02%	1951	12.06%	16.81%
-1.02% to 0.06%	5659	34.98%	51.79%
0.06% to 1.13%	5111	31.59%	83.38%
1.13% to 2.21%	1830	11.31%	94.70%
2.21% to 3.29%	534	3.30%	98.00%
3.29% to 4.36%	193	1.19%	99.19%
Greater than 4.36%	131	0.81%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.38%	1.49%	77.71%	68.27%
±2σ	-2.82%	2.93%	95.09%	95.45%
±3σ	-4.25%	4.36%	98.59%	99.73%

Descriptive Statistics

均值	0.056%
Standard Error	0.011%
中位数	0.000%
Mode	0.000%
Standard Deviation	1.436%
Sample Variance	2.061%
峰度	12.90
偏度	-0.06
Range	44.363%
Minimum	-24.691%
Maximum	19.672%
Count	16177

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	1.070%	7948	49.13%	0.526%
负向	-1.021%	7431	45.94%	-0.469%
Zero	0.000%	798	4.93%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average 日度 True Range %
5	1 Week	1.45%
20	1 Month	1.66%
60	1 Quarter	1.70%
250	1 Year	1.47%
750	3 Years	1.42%
1,250	5 Years	1.47%
2,500	10 Years	1.49%
5,000	20 Years	1.52%
12,500	50 Years	1.88%

高-to-低收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 5.53. Further, an Excess 峰度 of 104.59 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -1.84%	0	0.00%	0.00%
-1.84% to -0.94%	0	0.00%	0.00%
-0.94% to -0.05%	0	0.00%	0.00%
-0.05% to 0.85%	2393	14.79%	14.79%
0.85% to 1.74%	7767	48.01%	62.80%
1.74% to 2.64%	3644	22.52%	85.33%
2.64% to 3.53%	1377	8.51%	93.84%
3.53% to 4.43%	511	3.16%	97.00%
4.43% to 5.32%	256	1.58%	98.58%
Greater than 5.32%	230	1.42%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.55%	2.94%	86.03%	68.27%
±2σ	-0.64%	4.13%	96.25%	95.45%
±3σ	-1.84%	5.32%	98.58%	99.73%

Descriptive Statistics

均值	1.743%
Standard Error	0.009%
中位数	1.455%
Mode	1.136%
Standard Deviation	1.193%
Sample Variance	1.423%
峰度	104.59
偏度	5.53
Range	37.848%
Minimum	0.083%
Maximum	37.931%
Count	16178

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	1.743%	16178	100.00%	1.743%
负向	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

开盘-to-收盘收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 1.02. Further, an Excess 峰度 of 28.70 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -3.83%	97	0.60%	0.60%
-3.83% to -2.88%	185	1.14%	1.74%
-2.88% to -1.93%	571	3.53%	5.27%
-1.93% to -0.98%	1865	11.53%	16.80%
-0.98% to -0.02%	5023	31.05%	47.85%
-0.02% to 0.93%	5693	35.19%	83.04%
0.93% to 1.88%	1936	11.97%	95.01%
1.88% to 2.83%	547	3.38%	98.39%
2.83% to 3.79%	155	0.96%	99.34%
Greater than 3.79%	106	0.66%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.29%	1.25%	77.44%	68.27%
±2σ	-2.56%	2.52%	95.23%	95.45%
±3σ	-3.83%	3.79%	98.75%	99.73%

Descriptive Statistics

均值	-0.023%
Standard Error	0.010%
中位数	0.000%
Mode	0.000%
Standard Deviation	1.270%
Sample Variance	1.614%
峰度	28.70
偏度	1.02
Range	46.216%
Minimum	-15.068%
Maximum	31.148%
Count	16178

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	0.932%	7412	45.81%	0.427%
负向	-0.936%	7782	48.10%	-0.450%
Zero	0.000%	984	6.08%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.08. Further, an Excess 峰度 of 7.02 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -9.37%	17	0.51%	0.51%
-9.37% to -6.96%	30	0.89%	1.40%
-6.96% to -4.55%	124	3.70%	5.10%
-4.55% to -2.14%	441	13.14%	18.24%
-2.14% to 0.28%	1065	31.74%	49.99%
0.28% to 2.69%	1084	32.31%	82.30%
2.69% to 5.10%	411	12.25%	94.55%
5.10% to 7.51%	113	3.37%	97.91%
7.51% to 9.92%	49	1.46%	99.37%
Greater than 9.92%	21	0.63%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.94%	3.49%	76.04%	68.27%
±2σ	-6.16%	6.71%	95.08%	95.45%
±3σ	-9.37%	9.92%	98.87%	99.73%

Descriptive Statistics

均值	0.275%
Standard Error	0.056%
中位数	0.276%
Mode	0.000%
Standard Deviation	3.216%
Sample Variance	10.341%
峰度	7.02
偏度	-0.08
Range	57.288%
Minimum	-32.033%
Maximum	25.255%
Count	3355

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	2.434%	1785	53.20%	1.295%
负向	-2.266%	1510	45.01%	-1.020%
Zero	0.000%	60	1.79%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average 周度 True Range %
4	1 Month	3.06%
12	1 Quarter	3.79%
52	1 Year	3.29%
156	3 Years	3.21%
260	5 Years	3.31%
520	10 Years	3.39%
1,040	20 Years	3.43%
2,600	50 Years	4.34%

高-to-低收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 4.82. Further, an Excess 峰度 of 57.40 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -4.49%	0	0.00%	0.00%
-4.49% to -2.26%	0	0.00%	0.00%
-2.26% to -0.04%	0	0.00%	0.00%
-0.04% to 2.19%	506	15.08%	15.08%
2.19% to 4.42%	1598	47.62%	62.69%
4.42% to 6.65%	781	23.27%	85.97%
6.65% to 8.88%	279	8.31%	94.28%
8.88% to 11.11%	103	3.07%	97.35%
11.11% to 13.33%	40	1.19%	98.54%
Greater than 13.33%	49	1.46%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.45%	7.39%	86.62%	68.27%
±2σ	-1.52%	10.36%	96.63%	95.45%
±3σ	-4.49%	13.33%	98.54%	99.73%

Descriptive Statistics

均值	4.421%
Standard Error	0.051%
中位数	3.741%
Mode	4.167%
Standard Deviation	2.971%
Sample Variance	8.826%
峰度	57.40
偏度	4.82
Range	61.498%
Minimum	0.571%
Maximum	62.069%
Count	3356

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	4.421%	3356	100.00%	4.421%
负向	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

开盘-to-收盘收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 1.36. Further, an Excess 峰度 of 18.31 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -9.66%	13	0.39%	0.39%
-9.66% to -7.27%	33	0.98%	1.37%
-7.27% to -4.88%	115	3.43%	4.80%
-4.88% to -2.49%	425	12.66%	17.46%
-2.49% to -0.10%	1145	34.12%	51.58%
-0.10% to 2.29%	1045	31.14%	82.72%
2.29% to 4.68%	409	12.19%	94.90%
4.68% to 7.08%	108	3.22%	98.12%
7.08% to 9.46%	40	1.19%	99.31%
Greater than 9.46%	23	0.69%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.28%	3.09%	77.38%	68.27%
±2σ	-6.47%	6.28%	95.50%	95.45%
±3σ	-9.66%	9.46%	98.93%	99.73%

Descriptive Statistics

均值	-0.096%
Standard Error	0.055%
中位数	-0.225%
Mode	0.000%
Standard Deviation	3.187%
Sample Variance	10.156%
峰度	18.31
偏度	1.36
Range	67.294%
Minimum	-20.163%
Maximum	47.131%
Count	3356

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	2.356%	1529	45.56%	1.073%
负向	-2.224%	1765	52.59%	-1.170%
Zero	0.000%	62	1.85%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.16. Further, an Excess 峰度 of 2.24 proves the distribution possesses Fat Tails (高er Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -16.41%	7	0.91%	0.91%
-16.41% to -12.02%	9	1.17%	2.08%
-12.02% to -7.63%	25	3.24%	5.32%
-7.63% to -3.24%	108	14.01%	19.33%
-3.24% to 1.15%	233	30.22%	49.55%
1.15% to 5.54%	244	31.65%	81.19%
5.54% to 9.93%	101	13.10%	94.29%
9.93% to 14.32%	32	4.15%	98.44%
14.32% to 18.71%	8	1.04%	99.48%
Greater than 18.71%	4	0.52%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.70%	7.01%	74.32%	68.27%
±2σ	-10.56%	12.86%	94.68%	95.45%
±3σ	-16.41%	18.71%	98.57%	99.73%

Descriptive Statistics

均值	1.152%
Standard Error	0.211%
中位数	1.194%
Mode	0.000%
Standard Deviation	5.854%
Sample Variance	34.266%
峰度	2.24
偏度	-0.16
Range	54.713%
Minimum	-29.006%
Maximum	25.707%
Count	771

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	4.686%	461	59.79%	2.802%
负向	-4.172%	305	39.56%	-1.650%
Zero	0.000%	5	0.65%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average 月度 True Range %
3	1 Quarter	8.09%
12	1 Year	7.27%
36	3 Years	6.89%
60	5 Years	7.08%
120	10 Years	7.27%
240	20 Years	7.22%
600	50 Years	9.16%

高-to-低收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 3.92. Further, an Excess 峰度 of 26.80 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -8.74%	0	0.00%	0.00%
-8.74% to -4.10%	0	0.00%	0.00%
-4.10% to 0.53%	0	0.00%	0.00%
0.53% to 5.17%	114	14.77%	14.77%
5.17% to 9.80%	371	48.06%	62.82%
9.80% to 14.44%	177	22.93%	85.75%
14.44% to 19.07%	67	8.68%	94.43%
19.07% to 23.71%	25	3.24%	97.67%
23.71% to 28.34%	6	0.78%	98.45%
Greater than 28.34%	12	1.55%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	3.62%	15.98%	87.31%	68.27%
±2σ	-2.56%	22.16%	97.15%	95.45%
±3σ	-8.74%	28.34%	98.45%	99.73%

Descriptive Statistics

均值	9.802%
Standard Error	0.222%
中位数	8.483%
Mode	6.667%
Standard Deviation	6.180%
Sample Variance	38.188%
峰度	26.80
偏度	3.92
Range	69.275%
Minimum	2.277%
Maximum	71.552%
Count	772

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	9.802%	772	100.00%	9.802%
负向	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

开盘-to-收盘收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 1.02. Further, an Excess 峰度 of 5.02 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -18.39%	2	0.26%	0.26%
-18.39% to -13.92%	5	0.65%	0.91%
-13.92% to -9.45%	26	3.37%	4.27%
-9.45% to -4.99%	119	15.41%	19.69%
-4.99% to -0.52%	259	33.55%	53.24%
-0.52% to 3.94%	230	29.79%	83.03%
3.94% to 8.41%	85	11.01%	94.04%
8.41% to 12.87%	29	3.76%	97.80%
12.87% to 17.34%	7	0.91%	98.70%
Greater than 17.34%	10	1.30%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-6.48%	5.43%	76.55%	68.27%
±2σ	-12.43%	11.38%	95.60%	95.45%
±3σ	-18.38%	17.34%	98.45%	99.73%

Descriptive Statistics

均值	-0.523%
Standard Error	0.214%
中位数	-0.877%
Mode	0.000%
Standard Deviation	5.954%
Sample Variance	35.454%
峰度	5.02
偏度	1.02
Range	62.026%
Minimum	-20.075%
Maximum	41.951%
Count	772

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	4.686%	316	40.93%	1.918%
负向	-4.197%	449	58.16%	-2.441%
Zero	0.000%	7	0.91%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.04. Further, an Excess 峰度 of 0.56 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -24.58%	1	0.39%	0.39%
-24.58% to -17.59%	4	1.56%	1.95%
-17.59% to -10.60%	12	4.67%	6.61%
-10.60% to -3.60%	35	13.62%	20.23%
-3.60% to 3.39%	80	31.13%	51.36%
3.39% to 10.39%	73	28.40%	79.77%
10.39% to 17.38%	38	14.79%	94.55%
17.38% to 24.38%	10	3.89%	98.44%
24.38% to 31.37%	3	1.17%	99.61%
Greater than 31.37%	1	0.39%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.93%	12.72%	70.43%	68.27%
±2σ	-15.26%	22.05%	94.16%	95.45%
±3σ	-24.58%	31.37%	99.22%	99.73%

Descriptive Statistics

均值	3.394%
Standard Error	0.582%
中位数	3.183%
Mode	3.985%
Standard Deviation	9.326%
Sample Variance	86.982%
峰度	0.56
偏度	-0.04
Range	59.410%
Minimum	-25.416%
Maximum	33.994%
Count	257

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	8.412%	170	66.15%	5.564%
负向	-6.411%	87	33.85%	-2.170%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average 季度 True Range %
4	1 Year	9.45%
12	3 Years	10.89%
20	5 Years	11.57%
40	10 Years	11.78%
80	20 Years	11.97%
200	50 Years	15.65%

高-to-低收益

Gram-Charlier Analysis: Data reveals 高ly Right Skewed (Extreme 正向 Tail Risk) with a 偏度 factor of 3.54. Further, an Excess 峰度 of 19.73 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -14.79%	0	0.00%	0.00%
-14.79% to -6.74%	0	0.00%	0.00%
-6.74% to 1.31%	0	0.00%	0.00%
1.31% to 9.35%	41	15.89%	15.89%
9.35% to 17.40%	119	46.12%	62.02%
17.40% to 25.45%	68	26.36%	88.37%
25.45% to 33.50%	16	6.20%	94.57%
33.50% to 41.54%	7	2.71%	97.29%
41.54% to 49.59%	3	1.16%	98.45%
Greater than 49.59%	4	1.55%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	6.67%	28.13%	88.76%	68.27%
±2σ	-4.06%	38.86%	96.51%	95.45%
±3σ	-14.79%	49.59%	98.45%	99.73%

Descriptive Statistics

均值	17.401%
Standard Error	0.668%
中位数	15.245%
Mode	5.858%
Standard Deviation	10.730%
Sample Variance	115.133%
峰度	19.73
偏度	3.54
Range	93.582%
Minimum	5.858%
Maximum	99.440%
Count	258

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	17.401%	258	100.00%	17.401%
负向	0.000%	0	0.00%	0.000%
Zero	0.000%	0	0.00%	0.000%

开盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Right Skewed (正向 Asymmetry) with a 偏度 factor of 0.73. Further, an Excess 峰度 of 1.29 proves the distribution possesses Fat Tails (高er Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -29.19%	0	0.00%	0.00%
-29.19% to -22.32%	2	0.78%	0.78%
-22.32% to -15.45%	7	2.71%	3.49%
-15.45% to -8.58%	46	17.83%	21.32%
-8.58% to -1.71%	85	32.95%	54.26%
-1.71% to 5.17%	71	27.52%	81.78%
5.17% to 12.04%	28	10.85%	92.64%
12.04% to 18.91%	9	3.49%	96.12%
18.91% to 25.78%	8	3.10%	99.22%
Greater than 25.78%	2	0.78%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-10.87%	7.46%	72.09%	68.27%
±2σ	-20.03%	16.62%	94.19%	95.45%
±3σ	-29.19%	25.78%	99.22%	99.73%

Descriptive Statistics

均值	-1.705%
Standard Error	0.570%
中位数	-2.245%
Mode	-11.911%
Standard Deviation	9.163%
Sample Variance	83.967%
峰度	1.29
偏度	0.73
Range	59.895%
Minimum	-24.776%
Maximum	35.119%
Count	258

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	7.300%	98	37.98%	2.773%
负向	-7.312%	158	61.24%	-4.478%
Zero	0.000%	2	0.78%	0.000%

KO 深度分析报告