MTN - 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	2.33%	2.10%	2.13%	2.78%	2.46%	2.76%	139.36	146.38	135.98	150.03
Weekly	5.00%	5.23%	5.03%	6.42%	5.41%	6.07%	135.31	150.77	128.18	159.15
Monthly	9.32%	11.72%	9.66%	13.10%	11.26%	12.64%	127.62	159.86	114.02	178.91
Quarterly	13.69%	20.03%	14.01%	20.93%	19.51%	21.89%	117.52	173.59	96.69	210.99
Annual	—	—	—	—	39.01%	43.78%	96.69	210.99	65.46	311.67
Option Time Horizon	—	—	—	—	15.01%	16.84%	122.93	165.95	105.80	192.82

Calculation Notes: Computed at 2026-02-22T14:20 UTC | Reference Contract: Call option expiring 2026-04-17 (54 days) | Spot Price (S): $142.83 | Strike (K): $145.00 (first OTM call ≥ spot) | Observed Mid-Price: $7.3500 (Bid $6.0000 / Ask $8.7000) | Risk-Free Rate (r): 3.72% (1-Month CMT, US Treasury) | Dividend Yield (q): 6.20% | Binomial IV (Annual): 39.01% (CRR binomial tree, American, n=20 steps) | BS IV: 39.37% (European Black-Scholes) | Yahoo IV (Annual): 43.78% → 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
2025-12-30	$2.2200
2025-10-09	$2.2200
2025-06-24	$2.2200
2025-03-27	$2.2200
2024-12-26	$2.2200
2024-10-08	$2.2200
2024-06-25	$2.2200
2024-03-27	$2.2200
2023-12-22	$2.0600
2023-10-06	$2.0600
2023-06-26	$2.0600
2023-03-24	$2.0600
2022-12-23	$1.9100
2022-10-04	$1.9100
2022-06-24	$1.9100
2022-03-29	$1.9100
2021-12-27	$0.8800
2021-10-04	$0.8800
2020-03-25	$1.7600
2019-12-24	$1.7600
2019-10-07	$1.7600
2019-06-25	$1.7600
2019-03-26	$1.7600
2018-12-26	$1.4700
2018-10-05	$1.4700
2018-06-26	$1.4700
2018-03-26	$1.4700
2017-12-26	$1.0530
2017-10-06	$1.0530
2017-06-26	$1.0530
2017-03-27	$1.0530
2016-12-23	$0.8100
2016-10-05	$0.8100
2016-06-24	$0.8100
2016-03-24	$0.8100
2015-12-23	$0.6230
2015-10-07	$0.6230
2015-06-23	$0.6230
2015-03-27	$0.6230
2014-12-24	$0.4150
2014-10-03	$0.4150
2014-06-19	$0.4150
2014-03-28	$0.4150
2013-12-23	$0.2080
2013-10-07	$0.2070
2013-06-20	$0.2070
2013-03-21	$0.2070
2012-12-17	$0.1880
2012-10-05	$0.1880
2012-06-21	$0.1880
2012-03-22	$0.1880
2011-12-20	$0.1500
2011-10-07	$0.1500
2011-06-29	$0.1500

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.26. Further, an Excess Kurtosis of 7.16 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -6.92%	53	0.73%	0.73%
-6.92% to -5.18%	81	1.11%	1.83%
-5.18% to -3.43%	214	2.93%	4.76%
-3.43% to -1.69%	789	10.80%	15.56%
-1.69% to 0.06%	2629	35.98%	51.55%
0.06% to 1.80%	2415	33.06%	84.60%
1.80% to 3.55%	759	10.39%	94.99%
3.55% to 5.29%	203	2.78%	97.77%
5.29% to 7.04%	89	1.22%	98.99%
Greater than 7.04%	74	1.01%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.27%	2.38%	79.43%	68.27%
±2σ	-4.59%	4.71%	94.79%	95.45%
±3σ	-6.92%	7.04%	98.26%	99.73%

Descriptive Statistics

Mean	0.057%
Standard Error	0.027%
Median	0.000%
Mode	0.000%
Standard Deviation	2.326%
Sample Variance	5.409%
Kurtosis	7.16
Skewness	0.26
Range	37.085%
Minimum	-17.853%
Maximum	19.232%
Count	7306

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.636%	3630	49.69%	0.813%
Negative	-1.563%	3531	48.33%	-0.755%
Zero	0.000%	145	1.99%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	3.26%
20	1 Month	3.53%
60	1 Quarter	3.45%
250	1 Year	3.12%
750	3 Years	2.61%
1,250	5 Years	2.78%
2,500	10 Years	2.66%
5,000	20 Years	2.93%
12,500	50 Years	2.90%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.50. Further, an Excess Kurtosis of 21.30 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -3.49%	0	0.00%	0.00%
-3.49% to -1.92%	0	0.00%	0.00%
-1.92% to -0.34%	0	0.00%	0.00%
-0.34% to 1.23%	906	12.40%	12.40%
1.23% to 2.80%	3820	52.28%	64.68%
2.80% to 4.38%	1600	21.90%	86.57%
4.38% to 5.95%	531	7.27%	93.84%
5.95% to 7.53%	210	2.87%	96.72%
7.53% to 9.10%	103	1.41%	98.13%
Greater than 9.10%	137	1.87%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.70%	4.90%	88.03%	68.27%
±2σ	-1.39%	7.00%	95.99%	95.45%
±3σ	-3.49%	9.10%	98.13%	99.73%

Descriptive Statistics

Mean	2.804%
Standard Error	0.025%
Median	2.259%
Mode	2.500%
Standard Deviation	2.099%
Sample Variance	4.406%
Kurtosis	21.30
Skewness	3.50
Range	28.240%
Minimum	0.048%
Maximum	28.288%
Count	7307

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.804%	7307	100.00%	2.804%
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 0.21. Further, an Excess Kurtosis of 7.74 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -6.39%	65	0.89%	0.89%
-6.39% to -4.79%	75	1.03%	1.92%
-4.79% to -3.19%	213	2.92%	4.83%
-3.19% to -1.59%	803	10.99%	15.82%
-1.59% to 0.01%	2587	35.40%	51.22%
0.01% to 1.61%	2393	32.75%	83.97%
1.61% to 3.21%	812	11.11%	95.09%
3.21% to 4.81%	228	3.12%	98.21%
4.81% to 6.41%	73	1.00%	99.21%
Greater than 6.41%	58	0.79%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.12%	2.15%	78.73%	68.27%
±2σ	-4.25%	4.28%	95.28%	95.45%
±3σ	-6.39%	6.41%	98.32%	99.73%

Descriptive Statistics

Mean	0.012%
Standard Error	0.025%
Median	0.000%
Mode	0.000%
Standard Deviation	2.133%
Sample Variance	4.550%
Kurtosis	7.74
Skewness	0.21
Range	34.568%
Minimum	-15.919%
Maximum	18.649%
Count	7307

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.491%	3569	48.84%	0.728%
Negative	-1.462%	3581	49.01%	-0.716%
Zero	0.000%	157	2.15%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.23. Further, an Excess Kurtosis of 3.85 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -14.73%	12	0.79%	0.79%
-14.73% to -10.98%	19	1.25%	2.05%
-10.98% to -7.22%	52	3.43%	5.48%
-7.22% to -3.47%	170	11.22%	16.70%
-3.47% to 0.28%	513	33.86%	50.56%
0.28% to 4.03%	497	32.81%	83.37%
4.03% to 7.78%	162	10.69%	94.06%
7.78% to 11.53%	59	3.89%	97.95%
11.53% to 15.29%	17	1.12%	99.08%
Greater than 15.29%	14	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.72%	5.28%	76.50%	68.27%
±2σ	-9.72%	10.28%	94.46%	95.45%
±3σ	-14.73%	15.29%	98.28%	99.73%

Descriptive Statistics

Mean	0.279%
Standard Error	0.128%
Median	0.245%
Mode	0.000%
Standard Deviation	5.002%
Sample Variance	25.015%
Kurtosis	3.85
Skewness	0.23
Range	57.130%
Minimum	-24.900%
Maximum	32.230%
Count	1515

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.677%	785	51.81%	1.905%
Negative	-3.427%	719	47.46%	-1.626%
Zero	0.000%	11	0.73%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	8.57%
12	1 Quarter	8.20%
52	1 Year	7.34%
156	3 Years	6.09%
260	5 Years	6.42%
520	10 Years	6.10%
1,040	20 Years	6.81%
2,600	50 Years	6.89%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.08. Further, an Excess Kurtosis of 14.58 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -8.51%	0	0.00%	0.00%
-8.51% to -4.59%	0	0.00%	0.00%
-4.59% to -0.67%	0	0.00%	0.00%
-0.67% to 3.26%	196	12.93%	12.93%
3.26% to 7.18%	811	53.50%	66.42%
7.18% to 11.10%	296	19.53%	85.95%
11.10% to 15.03%	110	7.26%	93.21%
15.03% to 18.95%	51	3.36%	96.57%
18.95% to 22.87%	22	1.45%	98.02%
Greater than 22.87%	30	1.98%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.95%	12.41%	88.46%	68.27%
±2σ	-3.28%	17.64%	95.51%	95.45%
±3σ	-8.51%	22.87%	98.02%	99.73%

Descriptive Statistics

Mean	7.180%
Standard Error	0.134%
Median	5.701%
Mode	4.819%
Standard Deviation	5.231%
Sample Variance	27.362%
Kurtosis	14.58
Skewness	3.08
Range	50.675%
Minimum	1.263%
Maximum	51.938%
Count	1516

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.180%	1516	100.00%	7.180%
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 0.68. Further, an Excess Kurtosis of 5.02 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.05%	6	0.40%	0.40%
-15.05% to -11.28%	20	1.32%	1.72%
-11.28% to -7.51%	56	3.69%	5.41%
-7.51% to -3.74%	170	11.21%	16.62%
-3.74% to 0.03%	543	35.82%	52.44%
0.03% to 3.80%	481	31.73%	84.17%
3.80% to 7.57%	155	10.22%	94.39%
7.57% to 11.34%	49	3.23%	97.63%
11.34% to 15.12%	18	1.19%	98.81%
Greater than 15.12%	18	1.19%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.00%	5.06%	78.23%	68.27%
±2σ	-10.02%	10.09%	94.72%	95.45%
±3σ	-15.05%	15.12%	98.42%	99.73%

Descriptive Statistics

Mean	0.031%
Standard Error	0.129%
Median	-0.154%
Mode	0.000%
Standard Deviation	5.028%
Sample Variance	25.278%
Kurtosis	5.02
Skewness	0.68
Range	58.725%
Minimum	-22.578%
Maximum	36.147%
Count	1516

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.681%	724	47.76%	1.758%
Negative	-3.349%	782	51.58%	-1.728%
Zero	0.000%	10	0.66%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.17. Further, an Excess Kurtosis of 2.42 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -26.87%	3	0.86%	0.86%
-26.87% to -19.88%	3	0.86%	1.72%
-19.88% to -12.89%	11	3.16%	4.89%
-12.89% to -5.91%	45	12.93%	17.82%
-5.91% to 1.08%	117	33.62%	51.44%
1.08% to 8.07%	100	28.74%	80.17%
8.07% to 15.06%	47	13.51%	93.68%
15.06% to 22.04%	15	4.31%	97.99%
22.04% to 29.03%	4	1.15%	99.14%
Greater than 29.03%	3	0.86%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-8.24%	10.40%	75.29%	68.27%
±2σ	-17.55%	19.71%	95.40%	95.45%
±3σ	-26.87%	29.03%	98.28%	99.73%

Descriptive Statistics

Mean	1.081%
Standard Error	0.499%
Median	0.808%
Mode	-34.606%
Standard Deviation	9.317%
Sample Variance	86.799%
Kurtosis	2.42
Skewness	0.17
Range	77.533%
Minimum	-34.606%
Maximum	42.927%
Count	348

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.280%	190	54.60%	3.975%
Negative	-6.413%	157	45.12%	-2.893%
Zero	0.000%	1	0.29%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	16.86%
12	1 Year	15.21%
36	3 Years	12.39%
60	5 Years	13.10%
120	10 Years	13.04%
240	20 Years	14.13%
600	50 Years	14.58%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.96. Further, an Excess Kurtosis of 26.14 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -18.91%	0	0.00%	0.00%
-18.91% to -10.12%	0	0.00%	0.00%
-10.12% to -1.33%	0	0.00%	0.00%
-1.33% to 7.46%	33	9.46%	9.46%
7.46% to 16.25%	200	57.31%	66.76%
16.25% to 25.05%	75	21.49%	88.25%
25.05% to 33.84%	22	6.30%	94.56%
33.84% to 42.63%	7	2.01%	96.56%
42.63% to 51.42%	5	1.43%	97.99%
Greater than 51.42%	7	2.01%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	4.53%	27.98%	91.12%	68.27%
±2σ	-7.19%	39.70%	95.99%	95.45%
±3σ	-18.91%	51.42%	97.99%	99.73%

Descriptive Statistics

Mean	16.255%
Standard Error	0.628%
Median	13.228%
Mode	12.500%
Standard Deviation	11.723%
Sample Variance	137.432%
Kurtosis	26.14
Skewness	3.96
Range	121.123%
Minimum	4.908%
Maximum	126.031%
Count	349

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	16.255%	349	100.00%	16.255%
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 1.16. Further, an Excess Kurtosis of 5.16 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -28.97%	1	0.29%	0.29%
-28.97% to -21.72%	2	0.57%	0.86%
-21.72% to -14.48%	11	3.15%	4.01%
-14.48% to -7.23%	53	15.19%	19.20%
-7.23% to 0.02%	116	33.24%	52.44%
0.02% to 7.26%	111	31.81%	84.24%
7.26% to 14.51%	35	10.03%	94.27%
14.51% to 21.76%	13	3.72%	97.99%
21.76% to 29.01%	3	0.86%	98.85%
Greater than 29.01%	4	1.15%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-9.64%	9.68%	76.50%	68.27%
±2σ	-19.31%	19.34%	95.42%	95.45%
±3σ	-28.97%	29.01%	98.57%	99.73%

Descriptive Statistics

Mean	0.018%
Standard Error	0.517%
Median	-0.338%
Mode	2.326%
Standard Deviation	9.663%
Sample Variance	93.364%
Kurtosis	5.16
Skewness	1.16
Range	84.830%
Minimum	-31.267%
Maximum	53.563%
Count	349

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.197%	166	47.56%	3.423%
Negative	-6.529%	182	52.15%	-3.405%
Zero	0.000%	1	0.29%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.13. Further, an Excess Kurtosis of -0.50 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -38.12%	0	0.00%	0.00%
-38.12% to -27.86%	1	0.86%	0.86%
-27.86% to -17.59%	7	6.03%	6.90%
-17.59% to -7.32%	20	17.24%	24.14%
-7.32% to 2.95%	30	25.86%	50.00%
2.95% to 13.22%	28	24.14%	74.14%
13.22% to 23.49%	25	21.55%	95.69%
23.49% to 33.76%	4	3.45%	99.14%
33.76% to 44.02%	1	0.86%	100.00%
Greater than 44.02%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-10.74%	16.64%	68.97%	68.27%
±2σ	-24.43%	30.33%	94.83%	95.45%
±3σ	-38.12%	44.02%	100.00%	99.73%

Descriptive Statistics

Mean	2.950%
Standard Error	1.271%
Median	3.224%
Mode	-29.886%
Standard Deviation	13.691%
Sample Variance	187.446%
Kurtosis	-0.50
Skewness	-0.13
Range	65.316%
Minimum	-29.886%
Maximum	35.430%
Count	116

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	13.162%	64	55.17%	7.262%
Negative	-9.618%	52	44.83%	-4.312%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average Quarterly True Range %
4	1 Year	20.68%
12	3 Years	19.49%
20	5 Years	20.93%
40	10 Years	21.86%
80	20 Years	23.91%
200	50 Years	24.92%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.66. Further, an Excess Kurtosis of 8.52 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -29.81%	0	0.00%	0.00%
-29.81% to -14.79%	0	0.00%	0.00%
-14.79% to 0.23%	0	0.00%	0.00%
0.23% to 15.25%	16	13.68%	13.68%
15.25% to 30.27%	61	52.14%	65.81%
30.27% to 45.29%	25	21.37%	87.18%
45.29% to 60.31%	9	7.69%	94.87%
60.31% to 75.34%	1	0.85%	95.73%
75.34% to 90.36%	1	0.85%	96.58%
Greater than 90.36%	4	3.42%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	10.25%	50.30%	90.60%	68.27%
±2σ	-9.78%	70.33%	94.87%	95.45%
±3σ	-29.81%	90.36%	96.58%	99.73%

Descriptive Statistics

Mean	30.273%
Standard Error	1.852%
Median	26.046%
Mode	9.492%
Standard Deviation	20.028%
Sample Variance	401.102%
Kurtosis	8.52
Skewness	2.66
Range	116.539%
Minimum	9.492%
Maximum	126.031%
Count	117

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	30.273%	117	100.00%	30.273%
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 0.73. Further, an Excess Kurtosis of 0.32 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -42.52%	0	0.00%	0.00%
-42.52% to -32.02%	0	0.00%	0.00%
-32.02% to -21.52%	3	2.56%	2.56%
-21.52% to -11.01%	29	24.79%	27.35%
-11.01% to -0.51%	31	26.50%	53.85%
-0.51% to 9.99%	31	26.50%	80.34%
9.99% to 20.50%	14	11.97%	92.31%
20.50% to 31.00%	5	4.27%	96.58%
31.00% to 41.51%	3	2.56%	99.15%
Greater than 41.51%	1	0.85%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-14.52%	13.50%	68.38%	68.27%
±2σ	-28.52%	27.50%	96.58%	95.45%
±3σ	-42.52%	41.51%	99.15%	99.73%

Descriptive Statistics

Mean	-0.510%
Standard Error	1.295%
Median	-2.683%
Mode	9.844%
Standard Deviation	14.005%
Sample Variance	196.139%
Kurtosis	0.32
Skewness	0.73
Range	68.882%
Minimum	-25.657%
Maximum	43.225%
Count	117

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	12.215%	52	44.44%	5.429%
Negative	-10.857%	64	54.70%	-5.939%
Zero	0.000%	1	0.85%	0.000%

MTN Deep Analytical Report