STLD - 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	2.97%	2.47%	2.68%	3.49%	3.19%	3.21%	161.07	171.68	156.01	177.25
Weekly	6.33%	6.34%	6.31%	8.13%	7.02%	7.06%	155.01	178.39	144.50	191.37
Monthly	12.29%	15.06%	12.56%	17.17%	14.62%	14.70%	143.67	192.47	124.13	222.77
Quarterly	19.20%	37.03%	23.05%	29.20%	25.32%	25.47%	129.09	214.21	100.21	275.94
Annual	—	—	—	—	50.64%	50.93%	100.21	275.94	60.39	457.89
Option Time Horizon	—	—	—	—	19.12%	19.22%	137.36	201.32	113.46	243.73

Calculation Notes: Computed at 2026-03-23T16:41 UTC | Reference Contract: Call option expiring 2026-05-15 (52 days) | Spot Price (S): $166.29 | Strike (K): $170.00 (first OTM call ≥ spot) | Observed Mid-Price: $11.3500 (Bid $10.8000 / Ask $11.9000) | Risk-Free Rate (r): 3.73% (1-Month CMT, US Treasury) | Dividend Yield (q): 1.22% | Binomial IV (Annual): 50.64% (CRR binomial tree, American, n=20 steps) | BS IV: 50.97% (European Black-Scholes) | Yahoo IV (Annual): 50.93% → 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
2025-12-31	$0.5000
2025-09-30	$0.5000
2025-06-30	$0.5000
2025-03-31	$0.5000
2024-12-31	$0.4600
2024-09-30	$0.4600
2024-06-28	$0.4600
2024-03-27	$0.4600
2023-12-28	$0.4250
2023-09-28	$0.4250
2023-06-29	$0.4250
2023-03-30	$0.4250
2022-12-29	$0.3400
2022-09-29	$0.3400
2022-06-29	$0.3400
2022-03-30	$0.3400
2021-12-30	$0.2600
2021-09-29	$0.2600
2021-06-29	$0.2600
2021-03-30	$0.2600
2020-12-30	$0.2500
2020-09-29	$0.2500
2020-06-29	$0.2500
2020-03-30	$0.2500
2019-12-30	$0.2400
2019-09-27	$0.2400
2019-06-27	$0.2400
2019-03-28	$0.2400
2018-12-28	$0.1880
2018-09-27	$0.1880
2018-06-28	$0.1880
2018-03-28	$0.1880
2017-12-28	$0.1550
2017-09-28	$0.1550
2017-06-28	$0.1550
2017-03-29	$0.1550
2016-12-28	$0.1400
2016-09-28	$0.1400
2016-06-28	$0.1400
2016-03-29	$0.1400
2015-12-29	$0.1380
2015-09-28	$0.1380
2015-06-26	$0.1380
2015-03-27	$0.1380
2014-12-29	$0.1150
2014-09-26	$0.1150
2014-06-26	$0.1150
2014-03-27	$0.1150
2013-12-27	$0.1100
2013-09-26	$0.1100
2013-06-26	$0.1100
2013-03-26	$0.1100
2012-12-27	$0.1000
2012-09-26	$0.1000
2012-06-27	$0.1000
2012-03-28	$0.1000
2011-12-28	$0.1000
2011-09-28	$0.1000
2011-06-28	$0.1000
2011-03-29	$0.1000
2010-12-29	$0.0750
2010-09-28	$0.0750
2010-06-28	$0.0750
2010-03-29	$0.0750
2009-12-29	$0.0750
2009-09-28	$0.0750
2009-06-26	$0.0750
2009-03-27	$0.1000
2008-12-29	$0.1000
2008-09-26	$0.1000
2008-06-26	$0.1000
2008-03-27	$0.0500
2007-12-27	$0.0750
2007-09-26	$0.0750
2007-06-27	$0.0750
2007-03-28	$0.0750
2006-12-28	$0.0750
2006-09-27	$0.0750
2006-06-28	$0.0500
2006-03-29	$0.0500
2005-12-28	$0.0250
2005-09-28	$0.0250
2005-06-28	$0.0250
2005-03-29	$0.0250
2004-12-29	$0.0250
2004-09-28	$0.0187
2004-07-22	$0.0187

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.19. Further, an Excess Kurtosis of 5.67 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -8.80%	55	0.75%	0.75%
-8.80% to -6.57%	69	0.94%	1.68%
-6.57% to -4.35%	245	3.32%	5.00%
-4.35% to -2.12%	879	11.92%	16.92%
-2.12% to 0.10%	2550	34.57%	51.49%
0.10% to 2.32%	2309	31.30%	82.80%
2.32% to 4.55%	870	11.80%	94.59%
4.55% to 6.77%	275	3.73%	98.32%
6.77% to 9.00%	65	0.88%	99.20%
Greater than 9.00%	59	0.80%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.87%	3.07%	77.18%	68.27%
±2σ	-5.83%	6.03%	95.21%	95.45%
±3σ	-8.80%	9.00%	98.45%	99.73%

Descriptive Statistics

Mean	0.099%
Standard Error	0.035%
Median	0.000%
Mode	0.000%
Standard Deviation	2.966%
Sample Variance	8.798%
Kurtosis	5.67
Skewness	0.19
Range	41.133%
Minimum	-18.311%
Maximum	22.822%
Count	7376

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.186%	3676	49.84%	1.089%
Negative	-2.054%	3557	48.22%	-0.991%
Zero	0.000%	143	1.94%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	3.65%
20	1 Month	3.69%
60	1 Quarter	3.46%
250	1 Year	3.22%
750	3 Years	3.05%
1,250	5 Years	3.49%
2,500	10 Years	3.44%
5,000	20 Years	3.88%
12,500	50 Years	4.02%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 2.83. Further, an Excess Kurtosis of 13.30 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -3.51%	0	0.00%	0.00%
-3.51% to -1.66%	0	0.00%	0.00%
-1.66% to 0.20%	0	0.00%	0.00%
0.20% to 2.05%	1184	16.05%	16.05%
2.05% to 3.91%	3529	47.84%	63.89%
3.91% to 5.76%	1580	21.42%	85.31%
5.76% to 7.61%	590	8.00%	93.30%
7.61% to 9.47%	238	3.23%	96.53%
9.47% to 11.32%	115	1.56%	98.09%
Greater than 11.32%	141	1.91%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.43%	6.38%	85.52%	68.27%
±2σ	-1.04%	8.85%	95.80%	95.45%
±3σ	-3.51%	11.32%	98.09%	99.73%

Descriptive Statistics

Mean	3.906%
Standard Error	0.029%
Median	3.268%
Mode	2.326%
Standard Deviation	2.472%
Sample Variance	6.113%
Kurtosis	13.30
Skewness	2.83
Range	27.859%
Minimum	0.389%
Maximum	28.248%
Count	7377

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.906%	7377	100.00%	3.906%
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 0.45. Further, an Excess Kurtosis of 5.66 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -8.01%	39	0.53%	0.53%
-8.01% to -5.99%	85	1.15%	1.68%
-5.99% to -3.98%	261	3.54%	5.22%
-3.98% to -1.97%	911	12.35%	17.57%
-1.97% to 0.04%	2497	33.85%	51.42%
0.04% to 2.06%	2338	31.69%	83.11%
2.06% to 4.07%	847	11.48%	94.59%
4.07% to 6.08%	255	3.46%	98.05%
6.08% to 8.10%	76	1.03%	99.08%
Greater than 8.10%	68	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.64%	2.73%	76.59%	68.27%
±2σ	-5.32%	5.41%	94.97%	95.45%
±3σ	-8.01%	8.10%	98.55%	99.73%

Descriptive Statistics

Mean	0.045%
Standard Error	0.031%
Median	0.000%
Mode	0.000%
Standard Deviation	2.684%
Sample Variance	7.206%
Kurtosis	5.66
Skewness	0.45
Range	39.272%
Minimum	-17.990%
Maximum	21.282%
Count	7377

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.978%	3614	48.99%	0.969%
Negative	-1.892%	3604	48.85%	-0.924%
Zero	0.000%	159	2.15%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.34. Further, an Excess Kurtosis of 3.77 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -18.52%	6	0.39%	0.39%
-18.52% to -13.77%	16	1.05%	1.44%
-13.77% to -9.03%	67	4.38%	5.82%
-9.03% to -4.28%	197	12.88%	18.69%
-4.28% to 0.47%	497	32.48%	51.18%
0.47% to 5.21%	468	30.59%	81.76%
5.21% to 9.96%	189	12.35%	94.12%
9.96% to 14.70%	61	3.99%	98.10%
14.70% to 19.45%	18	1.18%	99.28%
Greater than 19.45%	11	0.72%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-5.86%	6.79%	74.44%	68.27%
±2σ	-12.19%	13.12%	95.36%	95.45%
±3σ	-18.52%	19.45%	98.89%	99.73%

Descriptive Statistics

Mean	0.466%
Standard Error	0.162%
Median	0.277%
Mode	0.000%
Standard Deviation	6.328%
Sample Variance	40.042%
Kurtosis	3.77
Skewness	0.34
Range	77.874%
Minimum	-30.884%
Maximum	46.990%
Count	1530

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	4.896%	799	52.22%	2.557%
Negative	-4.431%	722	47.19%	-2.091%
Zero	0.000%	9	0.59%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	9.17%
12	1 Quarter	7.85%
52	1 Year	7.23%
156	3 Years	6.99%
260	5 Years	8.13%
520	10 Years	7.90%
1,040	20 Years	8.92%
2,600	50 Years	9.22%

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 22.28 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -9.28%	0	0.00%	0.00%
-9.28% to -4.53%	0	0.00%	0.00%
-4.53% to 0.23%	0	0.00%	0.00%
0.23% to 4.98%	207	13.52%	13.52%
4.98% to 9.73%	783	51.14%	64.66%
9.73% to 14.48%	325	21.23%	85.89%
14.48% to 19.24%	129	8.43%	94.32%
19.24% to 23.99%	38	2.48%	96.80%
23.99% to 28.75%	20	1.31%	98.11%
Greater than 28.75%	29	1.89%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	3.39%	16.07%	86.74%	68.27%
±2σ	-2.94%	22.41%	95.95%	95.45%
±3σ	-9.28%	28.75%	98.11%	99.73%

Descriptive Statistics

Mean	9.732%
Standard Error	0.162%
Median	8.078%
Mode	7.692%
Standard Deviation	6.338%
Sample Variance	40.167%
Kurtosis	22.28
Skewness	3.49
Range	77.177%
Minimum	2.094%
Maximum	79.271%
Count	1531

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	9.732%	1531	100.00%	9.732%
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 0.75. Further, an Excess Kurtosis of 4.57 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -18.88%	5	0.33%	0.33%
-18.88% to -14.15%	15	0.98%	1.31%
-14.15% to -9.41%	52	3.40%	4.70%
-9.41% to -4.68%	211	13.78%	18.48%
-4.68% to 0.06%	521	34.03%	52.51%
0.06% to 4.79%	459	29.98%	82.50%
4.79% to 9.52%	170	11.10%	93.60%
9.52% to 14.26%	65	4.25%	97.84%
14.26% to 18.99%	18	1.18%	99.02%
Greater than 18.99%	15	0.98%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-6.26%	6.37%	76.36%	68.27%
±2σ	-12.57%	12.68%	95.17%	95.45%
±3σ	-18.88%	18.99%	98.69%	99.73%

Descriptive Statistics

Mean	0.055%
Standard Error	0.161%
Median	-0.240%
Mode	0.000%
Standard Deviation	6.313%
Sample Variance	39.858%
Kurtosis	4.57
Skewness	0.75
Range	78.178%
Minimum	-30.070%
Maximum	48.108%
Count	1531

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	4.855%	730	47.68%	2.315%
Negative	-4.379%	790	51.60%	-2.260%
Zero	0.000%	11	0.72%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.09. Further, an Excess Kurtosis of 0.49 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -34.96%	0	0.00%	0.00%
-34.96% to -25.74%	6	1.70%	1.70%
-25.74% to -16.52%	16	4.55%	6.25%
-16.52% to -7.31%	49	13.92%	20.17%
-7.31% to 1.91%	102	28.98%	49.15%
1.91% to 11.13%	112	31.82%	80.97%
11.13% to 20.34%	39	11.08%	92.05%
20.34% to 29.56%	22	6.25%	98.30%
29.56% to 38.78%	4	1.14%	99.43%
Greater than 38.78%	2	0.57%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-10.38%	14.20%	71.02%	68.27%
±2σ	-22.67%	26.49%	94.89%	95.45%
±3σ	-34.96%	38.78%	99.43%	99.73%

Descriptive Statistics

Mean	1.909%
Standard Error	0.655%
Median	2.093%
Mode	-10.553%
Standard Deviation	12.289%
Sample Variance	151.013%
Kurtosis	0.49
Skewness	0.09
Range	72.327%
Minimum	-30.838%
Maximum	41.489%
Count	352

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	10.056%	201	57.10%	5.742%
Negative	-8.995%	150	42.61%	-3.833%
Zero	0.000%	1	0.28%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	16.26%
12	1 Year	14.31%
36	3 Years	14.20%
60	5 Years	17.17%
120	10 Years	17.11%
240	20 Years	18.64%
600	50 Years	19.35%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 4.44. Further, an Excess Kurtosis of 29.78 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -23.12%	0	0.00%	0.00%
-23.12% to -11.82%	0	0.00%	0.00%
-11.82% to -0.52%	0	0.00%	0.00%
-0.52% to 10.77%	32	9.07%	9.07%
10.77% to 22.07%	195	55.24%	64.31%
22.07% to 33.37%	84	23.80%	88.10%
33.37% to 44.66%	28	7.93%	96.03%
44.66% to 55.96%	5	1.42%	97.45%
55.96% to 67.25%	3	0.85%	98.30%
Greater than 67.25%	6	1.70%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	7.01%	37.13%	90.93%	68.27%
±2σ	-8.05%	52.19%	96.88%	95.45%
±3σ	-23.12%	67.25%	98.30%	99.73%

Descriptive Statistics

Mean	22.069%
Standard Error	0.802%
Median	18.404%
Mode	16.968%
Standard Deviation	15.062%
Sample Variance	226.874%
Kurtosis	29.78
Skewness	4.44
Range	142.127%
Minimum	5.749%
Maximum	147.876%
Count	353

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	22.069%	353	100.00%	22.069%
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 1.19 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -37.66%	0	0.00%	0.00%
-37.66% to -28.24%	3	0.85%	0.85%
-28.24% to -18.82%	12	3.40%	4.25%
-18.82% to -9.40%	57	16.15%	20.40%
-9.40% to 0.03%	123	34.84%	55.24%
0.03% to 9.45%	89	25.21%	80.45%
9.45% to 18.87%	45	12.75%	93.20%
18.87% to 28.29%	13	3.68%	96.88%
28.29% to 37.71%	6	1.70%	98.58%
Greater than 37.71%	5	1.42%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-12.54%	12.59%	73.09%	68.27%
±2σ	-25.10%	25.15%	94.62%	95.45%
±3σ	-37.66%	37.71%	98.58%	99.73%

Descriptive Statistics

Mean	0.026%
Standard Error	0.669%
Median	-1.170%
Mode	-6.998%
Standard Deviation	12.562%
Sample Variance	157.803%
Kurtosis	1.19
Skewness	0.73
Range	76.598%
Minimum	-32.530%
Maximum	44.068%
Count	353

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	10.604%	159	45.04%	4.776%
Negative	-8.733%	192	54.39%	-4.750%
Zero	0.000%	2	0.57%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.05. Further, an Excess Kurtosis of 0.89 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -52.42%	1	0.85%	0.85%
-52.42% to -38.02%	0	0.00%	0.85%
-38.02% to -23.62%	4	3.42%	4.27%
-23.62% to -9.22%	16	13.68%	17.95%
-9.22% to 5.17%	44	37.61%	55.56%
5.17% to 19.57%	25	21.37%	76.92%
19.57% to 33.97%	20	17.09%	94.02%
33.97% to 48.37%	4	3.42%	97.44%
48.37% to 62.76%	3	2.56%	100.00%
Greater than 62.76%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-14.02%	24.37%	70.09%	68.27%
±2σ	-33.22%	43.57%	95.73%	95.45%
±3σ	-52.42%	62.76%	99.15%	99.73%

Descriptive Statistics

Mean	5.173%
Standard Error	1.775%
Median	2.760%
Mode	-62.191%
Standard Deviation	19.197%
Sample Variance	368.531%
Kurtosis	0.89
Skewness	0.05
Range	121.237%
Minimum	-62.191%
Maximum	59.046%
Count	117

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	17.052%	69	58.97%	10.056%
Negative	-11.902%	48	41.03%	-4.883%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average Quarterly True Range %
4	1 Year	25.19%
12	3 Years	24.06%
20	5 Years	29.20%
40	10 Years	29.02%
80	20 Years	31.53%
200	50 Years	33.02%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 6.19. Further, an Excess Kurtosis of 49.80 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -68.32%	0	0.00%	0.00%
-68.32% to -40.54%	0	0.00%	0.00%
-40.54% to -12.76%	0	0.00%	0.00%
-12.76% to 15.01%	0	0.00%	0.00%
15.01% to 42.79%	78	66.10%	66.10%
42.79% to 70.56%	32	27.12%	93.22%
70.56% to 98.34%	4	3.39%	96.61%
98.34% to 126.12%	1	0.85%	97.46%
126.12% to 153.89%	1	0.85%	98.31%
Greater than 153.89%	2	1.69%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	5.75%	79.82%	95.76%	68.27%
±2σ	-31.28%	116.86%	97.46%	95.45%
±3σ	-68.32%	153.89%	98.31%	99.73%

Descriptive Statistics

Mean	42.788%
Standard Error	3.409%
Median	34.435%
Mode	16.259%
Standard Deviation	37.035%
Sample Variance	1371.565%
Kurtosis	49.80
Skewness	6.19
Range	348.318%
Minimum	16.259%
Maximum	364.577%
Count	118

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	42.788%	118	100.00%	42.788%
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 3.40. Further, an Excess Kurtosis of 22.15 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -69.96%	0	0.00%	0.00%
-69.96% to -52.67%	0	0.00%	0.00%
-52.67% to -35.38%	1	0.85%	0.85%
-35.38% to -18.09%	22	18.64%	19.49%
-18.09% to -0.80%	43	36.44%	55.93%
-0.80% to 16.49%	35	29.66%	85.59%
16.49% to 33.78%	12	10.17%	95.76%
33.78% to 51.07%	3	2.54%	98.31%
51.07% to 68.36%	1	0.85%	99.15%
Greater than 68.36%	1	0.85%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-23.86%	22.25%	79.66%	68.27%
±2σ	-46.91%	45.31%	98.31%	95.45%
±3σ	-69.96%	68.36%	99.15%	99.73%

Descriptive Statistics

Mean	-0.802%
Standard Error	2.122%
Median	-2.045%
Mode	-35.504%
Standard Deviation	23.054%
Sample Variance	531.481%
Kurtosis	22.15
Skewness	3.40
Range	200.605%
Minimum	-35.504%
Maximum	165.101%
Count	118

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	15.800%	52	44.07%	6.963%
Negative	-13.882%	66	55.93%	-7.764%
Zero	0.000%	0	0.00%	0.000%

STLD Deep Analytical Report