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%	2.69%	2.95%	129.35	136.51	125.92	140.23
Weekly	5.00%	5.22%	5.02%	6.41%	5.93%	6.50%	125.23	140.99	118.03	149.60
Monthly	9.30%	11.71%	9.64%	12.97%	12.33%	13.53%	117.46	150.32	103.83	170.06
Quarterly	13.69%	20.03%	13.99%	20.93%	21.36%	23.44%	107.32	164.53	86.67	203.72
Annual	—	—	—	—	42.73%	46.88%	86.67	203.72	56.53	312.32
Option Time Horizon	—	—	—	—	16.13%	17.69%	113.09	156.14	96.24	183.46

Calculation Notes: Computed at 2026-03-23T16:36 UTC | Reference Contract: Call option expiring 2026-05-15 (52 days) | Spot Price (S): $132.88 | Strike (K): $135.00 (first OTM call ≥ spot) | Observed Mid-Price: $7.3500 (Bid $6.1000 / Ask $8.6000) | Risk-Free Rate (r): 3.73% (1-Month CMT, US Treasury) | Dividend Yield (q): 6.77% | Binomial IV (Annual): 42.73% (CRR binomial tree, American, n=20 steps) | BS IV: 43.13% (European Black-Scholes) | Yahoo IV (Annual): 46.88% → 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 0.27. Further, an Excess Kurtosis of 7.13 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -6.93%	53	0.72%	0.72%
-6.93% to -5.18%	82	1.12%	1.84%
-5.18% to -3.44%	214	2.92%	4.76%
-3.44% to -1.69%	792	10.81%	15.57%
-1.69% to 0.06%	2634	35.95%	51.52%
0.06% to 1.80%	2422	33.06%	84.58%
1.80% to 3.55%	763	10.41%	94.99%
3.55% to 5.29%	203	2.77%	97.76%
5.29% to 7.04%	89	1.21%	98.98%
Greater than 7.04%	75	1.02%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.27%	2.38%	79.38%	68.27%
±2σ	-4.60%	4.71%	94.77%	95.45%
±3σ	-6.93%	7.04%	98.25%	99.73%

Descriptive Statistics

Mean	0.056%
Standard Error	0.027%
Median	0.000%
Mode	0.000%
Standard Deviation	2.328%
Sample Variance	5.422%
Kurtosis	7.13
Skewness	0.27
Range	37.085%
Minimum	-17.853%
Maximum	19.232%
Count	7327

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.638%	3639	49.67%	0.814%
Negative	-1.566%	3543	48.35%	-0.757%
Zero	0.000%	145	1.98%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	5.14%
20	1 Month	4.46%
60	1 Quarter	3.83%
250	1 Year	3.27%
750	3 Years	2.66%
1,250	5 Years	2.78%
2,500	10 Years	2.68%
5,000	20 Years	2.94%
12,500	50 Years	2.91%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.49. Further, an Excess Kurtosis of 21.23 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%	916	12.50%	12.50%
1.23% to 2.81%	3815	52.06%	64.56%
2.81% to 4.38%	1609	21.96%	86.52%
4.38% to 5.96%	535	7.30%	93.82%
5.96% to 7.53%	214	2.92%	96.74%
7.53% to 9.11%	103	1.41%	98.14%
Greater than 9.11%	136	1.86%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.71%	4.91%	87.96%	68.27%
±2σ	-1.39%	7.01%	96.00%	95.45%
±3σ	-3.49%	9.11%	98.14%	99.73%

Descriptive Statistics

Mean	2.808%
Standard Error	0.025%
Median	2.262%
Mode	2.500%
Standard Deviation	2.099%
Sample Variance	4.404%
Kurtosis	21.23
Skewness	3.49
Range	28.240%
Minimum	0.048%
Maximum	28.288%
Count	7328

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.808%	7328	100.00%	2.808%
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 7.69 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%	74	1.01%	1.90%
-4.79% to -3.19%	216	2.95%	4.84%
-3.19% to -1.59%	804	10.97%	15.82%
-1.59% to 0.01%	2594	35.40%	51.21%
0.01% to 1.61%	2400	32.75%	83.97%
1.61% to 3.21%	813	11.09%	95.06%
3.21% to 4.82%	230	3.14%	98.20%
4.82% to 6.42%	74	1.01%	99.21%
Greater than 6.42%	58	0.79%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.12%	2.15%	78.70%	68.27%
±2σ	-4.26%	4.28%	95.26%	95.45%
±3σ	-6.39%	6.42%	98.32%	99.73%

Descriptive Statistics

Mean	0.012%
Standard Error	0.025%
Median	0.000%
Mode	0.000%
Standard Deviation	2.135%
Sample Variance	4.557%
Kurtosis	7.69
Skewness	0.21
Range	34.568%
Minimum	-15.919%
Maximum	18.649%
Count	7328

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.493%	3580	48.85%	0.729%
Negative	-1.464%	3591	49.00%	-0.717%
Zero	0.000%	157	2.14%	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 3.87 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -14.71%	12	0.79%	0.79%
-14.71% to -10.96%	19	1.25%	2.04%
-10.96% to -7.22%	53	3.49%	5.53%
-7.22% to -3.47%	170	11.19%	16.72%
-3.47% to 0.27%	511	33.64%	50.36%
0.27% to 4.02%	502	33.05%	83.41%
4.02% to 7.77%	161	10.60%	94.01%
7.77% to 11.51%	60	3.95%	97.96%
11.51% to 15.26%	17	1.12%	99.08%
Greater than 15.26%	14	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.72%	5.27%	76.63%	68.27%
±2σ	-9.72%	10.26%	94.47%	95.45%
±3σ	-14.71%	15.26%	98.29%	99.73%

Descriptive Statistics

Mean	0.274%
Standard Error	0.128%
Median	0.243%
Mode	0.000%
Standard Deviation	4.995%
Sample Variance	24.951%
Kurtosis	3.87
Skewness	0.23
Range	57.130%
Minimum	-24.900%
Maximum	32.230%
Count	1519

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.671%	786	51.74%	1.900%
Negative	-3.421%	722	47.53%	-1.626%
Zero	0.000%	11	0.72%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	8.56%
12	1 Quarter	7.87%
52	1 Year	7.57%
156	3 Years	6.14%
260	5 Years	6.41%
520	10 Years	6.12%
1,040	20 Years	6.83%
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 14.60 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -8.49%	0	0.00%	0.00%
-8.49% to -4.57%	0	0.00%	0.00%
-4.57% to -0.65%	0	0.00%	0.00%
-0.65% to 3.27%	197	12.96%	12.96%
3.27% to 7.18%	810	53.29%	66.25%
7.18% to 11.10%	300	19.74%	85.99%
11.10% to 15.02%	110	7.24%	93.22%
15.02% to 18.94%	50	3.29%	96.51%
18.94% to 22.86%	23	1.51%	98.03%
Greater than 22.86%	30	1.97%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.96%	12.41%	88.42%	68.27%
±2σ	-3.26%	17.63%	95.53%	95.45%
±3σ	-8.49%	22.86%	98.03%	99.73%

Descriptive Statistics

Mean	7.185%
Standard Error	0.134%
Median	5.707%
Mode	4.819%
Standard Deviation	5.225%
Sample Variance	27.300%
Kurtosis	14.60
Skewness	3.08
Range	50.675%
Minimum	1.263%
Maximum	51.938%
Count	1520

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.185%	1520	100.00%	7.185%
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 5.03 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.03%	6	0.39%	0.39%
-15.03% to -11.27%	20	1.32%	1.71%
-11.27% to -7.50%	58	3.82%	5.53%
-7.50% to -3.73%	168	11.05%	16.58%
-3.73% to 0.04%	545	35.86%	52.43%
0.04% to 3.80%	481	31.64%	84.08%
3.80% to 7.57%	157	10.33%	94.41%
7.57% to 11.34%	49	3.22%	97.63%
11.34% to 15.10%	18	1.18%	98.82%
Greater than 15.10%	18	1.18%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.99%	5.06%	78.29%	68.27%
±2σ	-10.01%	10.08%	94.74%	95.45%
±3σ	-15.03%	15.10%	98.42%	99.73%

Descriptive Statistics

Mean	0.035%
Standard Error	0.129%
Median	-0.154%
Mode	0.000%
Standard Deviation	5.023%
Sample Variance	25.226%
Kurtosis	5.03
Skewness	0.68
Range	58.725%
Minimum	-22.578%
Maximum	36.147%
Count	1520

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.682%	726	47.76%	1.759%
Negative	-3.343%	784	51.58%	-1.724%
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 2.44 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -26.84%	3	0.86%	0.86%
-26.84% to -19.86%	3	0.86%	1.72%
-19.86% to -12.89%	11	3.15%	4.87%
-12.89% to -5.92%	45	12.89%	17.77%
-5.92% to 1.06%	118	33.81%	51.58%
1.06% to 8.03%	100	28.65%	80.23%
8.03% to 15.01%	47	13.47%	93.70%
15.01% to 21.98%	15	4.30%	97.99%
21.98% to 28.95%	4	1.15%	99.14%
Greater than 28.95%	3	0.86%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-8.24%	10.36%	75.36%	68.27%
±2σ	-17.54%	19.66%	95.42%	95.45%
±3σ	-26.84%	28.95%	98.28%	99.73%

Descriptive Statistics

Mean	1.058%
Standard Error	0.498%
Median	0.732%
Mode	-34.606%
Standard Deviation	9.299%
Sample Variance	86.464%
Kurtosis	2.44
Skewness	0.17
Range	77.533%
Minimum	-34.606%
Maximum	42.927%
Count	349

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.252%	190	54.44%	3.948%
Negative	-6.384%	158	45.27%	-2.890%
Zero	0.000%	1	0.29%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	13.29%
12	1 Year	15.36%
36	3 Years	12.35%
60	5 Years	12.97%
120	10 Years	13.06%
240	20 Years	14.10%
600	50 Years	14.57%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.97. Further, an Excess Kurtosis of 26.21 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -18.89%	0	0.00%	0.00%
-18.89% to -10.10%	0	0.00%	0.00%
-10.10% to -1.32%	0	0.00%	0.00%
-1.32% to 7.46%	33	9.43%	9.43%
7.46% to 16.24%	201	57.43%	66.86%
16.24% to 25.02%	75	21.43%	88.29%
25.02% to 33.80%	22	6.29%	94.57%
33.80% to 42.59%	7	2.00%	96.57%
42.59% to 51.37%	5	1.43%	98.00%
Greater than 51.37%	7	2.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	4.53%	27.95%	91.14%	68.27%
±2σ	-7.18%	39.66%	96.00%	95.45%
±3σ	-18.89%	51.37%	98.00%	99.73%

Descriptive Statistics

Mean	16.241%
Standard Error	0.626%
Median	13.209%
Mode	12.500%
Standard Deviation	11.709%
Sample Variance	137.098%
Kurtosis	26.21
Skewness	3.97
Range	121.123%
Minimum	4.908%
Maximum	126.031%
Count	350

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	16.241%	350	100.00%	16.241%
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 5.20 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -28.89%	1	0.29%	0.29%
-28.89% to -21.66%	3	0.86%	1.14%
-21.66% to -14.43%	10	2.86%	4.00%
-14.43% to -7.20%	54	15.43%	19.43%
-7.20% to 0.03%	116	33.14%	52.57%
0.03% to 7.26%	111	31.71%	84.29%
7.26% to 14.49%	35	10.00%	94.29%
14.49% to 21.73%	13	3.71%	98.00%
21.73% to 28.96%	3	0.86%	98.86%
Greater than 28.96%	4	1.14%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-9.61%	9.67%	76.57%	68.27%
±2σ	-19.25%	19.31%	95.43%	95.45%
±3σ	-28.89%	28.96%	98.57%	99.73%

Descriptive Statistics

Mean	0.031%
Standard Error	0.515%
Median	-0.338%
Mode	-0.338%
Standard Deviation	9.642%
Sample Variance	92.974%
Kurtosis	5.20
Skewness	1.16
Range	84.830%
Minimum	-31.267%
Maximum	53.563%
Count	350

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.197%	166	47.43%	3.413%
Negative	-6.469%	183	52.29%	-3.382%
Zero	0.000%	1	0.29%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.11. 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 -38.17%	0	0.00%	0.00%
-38.17% to -27.91%	1	0.86%	0.86%
-27.91% to -17.64%	6	5.17%	6.03%
-17.64% to -7.38%	21	18.10%	24.14%
-7.38% to 2.89%	31	26.72%	50.86%
2.89% to 13.15%	27	23.28%	74.14%
13.15% to 23.42%	25	21.55%	95.69%
23.42% to 33.69%	4	3.45%	99.14%
33.69% to 43.95%	1	0.86%	100.00%
Greater than 43.95%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-10.80%	16.58%	68.97%	68.27%
±2σ	-24.48%	30.26%	94.83%	95.45%
±3σ	-38.17%	43.95%	100.00%	99.73%

Descriptive Statistics

Mean	2.889%
Standard Error	1.271%
Median	2.507%
Mode	-29.886%
Standard Deviation	13.687%
Sample Variance	187.341%
Kurtosis	-0.50
Skewness	-0.11
Range	65.316%
Minimum	-29.886%
Maximum	35.430%
Count	116

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	13.051%	64	55.17%	7.200%
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 0.72. 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 -42.43%	0	0.00%	0.00%
-42.43% to -31.94%	0	0.00%	0.00%
-31.94% to -21.44%	3	2.56%	2.56%
-21.44% to -10.95%	29	24.79%	27.35%
-10.95% to -0.45%	30	25.64%	52.99%
-0.45% to 10.04%	32	27.35%	80.34%
10.04% to 20.54%	14	11.97%	92.31%
20.54% to 31.03%	5	4.27%	96.58%
31.03% to 41.53%	3	2.56%	99.15%
Greater than 41.53%	1	0.85%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-14.45%	13.54%	68.38%	68.27%
±2σ	-28.44%	27.53%	96.58%	95.45%
±3σ	-42.43%	41.53%	99.15%	99.73%

Descriptive Statistics

Mean	-0.453%
Standard Error	1.294%
Median	-2.451%
Mode	9.844%
Standard Deviation	13.993%
Sample Variance	195.792%
Kurtosis	0.32
Skewness	0.72
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	-10.753%	64	54.70%	-5.882%
Zero	0.000%	1	0.85%	0.000%

MTN Deep Analytical Report