TMO - 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	2.00%	1.59%	1.74%	2.36%	2.40%	2.59%	465.37	488.25	454.33	500.12
Weekly	4.51%	4.09%	4.40%	5.52%	5.28%	5.70%	452.14	502.54	428.87	529.81
Monthly	9.06%	10.02%	9.17%	11.95%	11.00%	11.86%	427.03	532.10	382.55	593.96
Quarterly	14.32%	17.00%	15.49%	21.10%	19.05%	20.55%	393.99	576.71	325.65	697.75
Annual	—	—	—	—	38.10%	41.09%	325.65	697.75	222.47	1021.34
Option Time Horizon	—	—	—	—	14.38%	15.51%	412.82	550.40	357.53	635.53

Calculation Notes: Computed at 2026-03-23T16:31 UTC | Reference Contract: Call option expiring 2026-05-15 (52 days) | Spot Price (S): $476.67 | Strike (K): $480.00 (first OTM call ≥ spot) | Observed Mid-Price: $26.7500 (Bid $25.0000 / Ask $28.5000) | Risk-Free Rate (r): 3.73% (1-Month CMT, US Treasury) | Dividend Yield (q): 0.36% | Binomial IV (Annual): 38.10% (CRR binomial tree, American, n=20 steps) | BS IV: 37.99% (European Black-Scholes) | Yahoo IV (Annual): 41.09% → 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
2026-03-13	$0.4700
2025-12-15	$0.4300
2025-09-15	$0.4300
2025-06-13	$0.4300
2025-03-14	$0.4300
2024-12-13	$0.3900
2024-09-13	$0.3900
2024-06-14	$0.3900
2024-03-14	$0.3900
2023-12-14	$0.3500
2023-09-14	$0.3500
2023-06-14	$0.3500
2023-03-14	$0.3500
2022-12-14	$0.3000
2022-09-14	$0.3000
2022-06-14	$0.3000
2022-03-15	$0.3000
2021-12-14	$0.2600
2021-09-14	$0.2600
2021-06-14	$0.2600
2021-03-15	$0.2600
2020-12-14	$0.2200
2020-09-14	$0.2200
2020-06-12	$0.2200
2020-03-13	$0.2200
2019-12-16	$0.1900
2019-09-16	$0.1900
2019-06-13	$0.1900
2019-03-14	$0.1900
2018-12-14	$0.1700
2018-09-14	$0.1700
2018-06-14	$0.1700
2018-03-14	$0.1700
2017-12-14	$0.1500
2017-09-14	$0.1500
2017-06-13	$0.1500
2017-03-13	$0.1500
2016-12-13	$0.1500
2016-09-13	$0.1500
2016-06-13	$0.1500
2016-03-11	$0.1500
2015-12-11	$0.1500
2015-09-11	$0.1500
2015-06-11	$0.1500
2015-03-12	$0.1500
2014-12-11	$0.1500
2014-09-11	$0.1500
2014-06-12	$0.1500
2014-03-13	$0.1500
2013-12-12	$0.1500
2013-09-12	$0.1500
2013-06-13	$0.1500
2013-03-13	$0.1500
2012-12-13	$0.1500
2012-09-13	$0.1300
2012-06-13	$0.1300
2012-03-13	$0.1300
2001-11-16	$2.5200
2001-08-09	$0.8200
1996-01-25	$0.0040
1993-08-06	$0.0430

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.38. Further, an Excess Kurtosis of 6.79 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -5.93%	65	0.56%	0.56%
-5.93% to -4.43%	113	0.98%	1.54%
-4.43% to -2.93%	391	3.38%	4.91%
-2.93% to -1.43%	1402	12.11%	17.02%
-1.43% to 0.07%	4247	36.67%	53.69%
0.07% to 1.57%	3454	29.82%	83.52%
1.57% to 3.07%	1290	11.14%	94.66%
3.07% to 4.57%	376	3.25%	97.90%
4.57% to 6.07%	135	1.17%	99.07%
Greater than 6.07%	108	0.93%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.93%	2.07%	77.37%	68.27%
±2σ	-3.93%	4.07%	94.74%	95.45%
±3σ	-5.93%	6.07%	98.51%	99.73%

Descriptive Statistics

Mean	0.069%
Standard Error	0.019%
Median	0.000%
Mode	0.000%
Standard Deviation	2.001%
Sample Variance	4.003%
Kurtosis	6.79
Skewness	0.38
Range	36.352%
Minimum	-18.644%
Maximum	17.708%
Count	11581

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.527%	5498	47.47%	0.725%
Negative	-1.401%	5422	46.82%	-0.656%
Zero	0.000%	661	5.71%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average Daily True Range %
5	1 Week	2.36%
20	1 Month	2.70%
60	1 Quarter	2.63%
250	1 Year	2.80%
750	3 Years	2.30%
1,250	5 Years	2.36%
2,500	10 Years	2.20%
5,000	20 Years	2.24%
12,500	50 Years	2.50%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.12. Further, an Excess Kurtosis of 20.48 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -2.42%	0	0.00%	0.00%
-2.42% to -1.22%	0	0.00%	0.00%
-1.22% to -0.03%	0	0.00%	0.00%
-0.03% to 1.17%	1937	16.72%	16.72%
1.17% to 2.36%	5403	46.65%	63.37%
2.36% to 3.56%	2550	22.02%	85.39%
3.56% to 4.75%	900	7.77%	93.16%
4.75% to 5.95%	397	3.43%	96.59%
5.95% to 7.14%	193	1.67%	98.26%
Greater than 7.14%	202	1.74%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.77%	3.95%	85.11%	68.27%
±2σ	-0.82%	5.55%	95.81%	95.45%
±3σ	-2.42%	7.14%	98.26%	99.73%

Descriptive Statistics

Mean	2.361%
Standard Error	0.015%
Median	1.974%
Mode	2.941%
Standard Deviation	1.593%
Sample Variance	2.538%
Kurtosis	20.48
Skewness	3.12
Range	25.552%
Minimum	0.207%
Maximum	25.759%
Count	11582

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	2.361%	11582	100.00%	2.361%
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 0.05. Further, an Excess Kurtosis of 6.44 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -5.25%	96	0.83%	0.83%
-5.25% to -3.94%	141	1.22%	2.05%
-3.94% to -2.64%	416	3.59%	5.64%
-2.64% to -1.33%	1270	10.97%	16.60%
-1.33% to -0.03%	3474	29.99%	46.60%
-0.03% to 1.28%	4230	36.52%	83.12%
1.28% to 2.58%	1346	11.62%	94.74%
2.58% to 3.89%	410	3.54%	98.28%
3.89% to 5.20%	116	1.00%	99.28%
Greater than 5.20%	83	0.72%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.77%	1.71%	77.25%	68.27%
±2σ	-3.51%	3.46%	94.58%	95.45%
±3σ	-5.25%	5.20%	98.45%	99.73%

Descriptive Statistics

Mean	-0.027%
Standard Error	0.016%
Median	0.000%
Mode	0.000%
Standard Deviation	1.741%
Sample Variance	3.030%
Kurtosis	6.44
Skewness	0.05
Range	31.793%
Minimum	-13.043%
Maximum	18.750%
Count	11582

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	1.276%	5345	46.15%	0.589%
Negative	-1.313%	5436	46.94%	-0.616%
Zero	0.000%	801	6.92%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.44. Further, an Excess Kurtosis of 5.12 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -13.20%	13	0.54%	0.54%
-13.20% to -9.81%	21	0.87%	1.42%
-9.81% to -6.43%	86	3.58%	5.00%
-6.43% to -3.05%	334	13.91%	18.91%
-3.05% to 0.34%	773	32.19%	51.10%
0.34% to 3.72%	779	32.44%	83.55%
3.72% to 7.10%	255	10.62%	94.17%
7.10% to 10.49%	90	3.75%	97.92%
10.49% to 13.87%	28	1.17%	99.08%
Greater than 13.87%	22	0.92%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.17%	4.85%	75.47%	68.27%
±2σ	-8.69%	9.36%	95.00%	95.45%
±3σ	-13.20%	13.87%	98.54%	99.73%

Descriptive Statistics

Mean	0.336%
Standard Error	0.092%
Median	0.242%
Mode	0.000%
Standard Deviation	4.511%
Sample Variance	20.350%
Kurtosis	5.12
Skewness	0.44
Range	65.273%
Minimum	-27.273%
Maximum	38.000%
Count	2401

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.448%	1240	51.65%	1.781%
Negative	-3.138%	1105	46.02%	-1.444%
Zero	0.000%	56	2.33%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average Weekly True Range %
4	1 Month	6.17%
12	1 Quarter	6.61%
52	1 Year	6.57%
156	3 Years	5.28%
260	5 Years	5.52%
520	10 Years	5.13%
1,040	20 Years	5.20%
2,600	50 Years	6.05%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.25. 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 -6.07%	0	0.00%	0.00%
-6.07% to -3.00%	0	0.00%	0.00%
-3.00% to 0.07%	0	0.00%	0.00%
0.07% to 3.15%	393	16.36%	16.36%
3.15% to 6.22%	1118	46.54%	62.91%
6.22% to 9.29%	532	22.15%	85.05%
9.29% to 12.36%	207	8.62%	93.67%
12.36% to 15.43%	78	3.25%	96.92%
15.43% to 18.50%	30	1.25%	98.17%
Greater than 18.50%	44	1.83%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.12%	10.31%	85.55%	68.27%
±2σ	-1.97%	14.40%	96.00%	95.45%
±3σ	-6.07%	18.50%	98.17%	99.73%

Descriptive Statistics

Mean	6.216%
Standard Error	0.084%
Median	5.155%
Mode	4.762%
Standard Deviation	4.094%
Sample Variance	16.762%
Kurtosis	21.23
Skewness	3.25
Range	52.746%
Minimum	1.004%
Maximum	53.750%
Count	2402

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.216%	2402	100.00%	6.216%
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 0.54. Further, an Excess Kurtosis of 6.44 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -13.30%	15	0.62%	0.62%
-13.30% to -10.00%	22	0.92%	1.54%
-10.00% to -6.70%	88	3.66%	5.20%
-6.70% to -3.40%	284	11.82%	17.03%
-3.40% to -0.10%	821	34.18%	51.21%
-0.10% to 3.20%	736	30.64%	81.85%
3.20% to 6.50%	305	12.70%	94.55%
6.50% to 9.80%	89	3.71%	98.25%
9.80% to 13.10%	23	0.96%	99.21%
Greater than 13.10%	19	0.79%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.50%	4.30%	75.81%	68.27%
±2σ	-8.90%	8.70%	95.17%	95.45%
±3σ	-13.30%	13.10%	98.58%	99.73%

Descriptive Statistics

Mean	-0.096%
Standard Error	0.090%
Median	-0.224%
Mode	0.000%
Standard Deviation	4.400%
Sample Variance	19.363%
Kurtosis	6.44
Skewness	0.54
Range	65.906%
Minimum	-28.406%
Maximum	37.500%
Count	2402

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	3.297%	1102	45.88%	1.513%
Negative	-3.101%	1246	51.87%	-1.609%
Zero	0.000%	54	2.25%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of 0.22. Further, an Excess Kurtosis of 2.47 proves the distribution possesses Fat Tails (Higher Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -25.75%	4	0.72%	0.72%
-25.75% to -18.96%	2	0.36%	1.09%
-18.96% to -12.16%	16	2.90%	3.99%
-12.16% to -5.36%	91	16.49%	20.47%
-5.36% to 1.43%	173	31.34%	51.81%
1.43% to 8.23%	167	30.25%	82.07%
8.23% to 15.03%	66	11.96%	94.02%
15.03% to 21.82%	22	3.99%	98.01%
21.82% to 28.62%	7	1.27%	99.28%
Greater than 28.62%	4	0.72%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-7.63%	10.49%	72.83%	68.27%
±2σ	-16.69%	19.56%	95.29%	95.45%
±3σ	-25.75%	28.62%	98.55%	99.73%

Descriptive Statistics

Mean	1.432%
Standard Error	0.386%
Median	1.091%
Mode	0.000%
Standard Deviation	9.062%
Sample Variance	82.127%
Kurtosis	2.47
Skewness	0.22
Range	84.287%
Minimum	-39.572%
Maximum	44.715%
Count	552

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	7.318%	308	55.80%	4.083%
Negative	-6.123%	239	43.30%	-2.651%
Zero	0.000%	5	0.91%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average Monthly True Range %
3	1 Quarter	13.73%
12	1 Year	13.03%
36	3 Years	11.52%
60	5 Years	11.95%
120	10 Years	11.12%
240	20 Years	10.88%
600	50 Years	13.25%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 4.95. Further, an Excess Kurtosis of 45.98 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -15.60%	0	0.00%	0.00%
-15.60% to -8.09%	0	0.00%	0.00%
-8.09% to -0.57%	0	0.00%	0.00%
-0.57% to 6.95%	61	11.03%	11.03%
6.95% to 14.47%	292	52.80%	63.83%
14.47% to 21.98%	125	22.60%	86.44%
21.98% to 29.50%	47	8.50%	94.94%
29.50% to 37.02%	13	2.35%	97.29%
37.02% to 44.53%	6	1.08%	98.37%
Greater than 44.53%	9	1.63%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	4.44%	24.49%	89.87%	68.27%
±2σ	-5.58%	34.51%	97.11%	95.45%
±3σ	-15.60%	44.53%	98.37%	99.73%

Descriptive Statistics

Mean	14.466%
Standard Error	0.426%
Median	12.174%
Mode	13.291%
Standard Deviation	10.023%
Sample Variance	100.453%
Kurtosis	45.98
Skewness	4.95
Range	134.663%
Minimum	2.837%
Maximum	137.500%
Count	553

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	14.466%	553	100.00%	14.466%
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 1.25. Further, an Excess Kurtosis of 7.45 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -28.07%	1	0.18%	0.18%
-28.07% to -21.19%	6	1.08%	1.27%
-21.19% to -14.31%	20	3.62%	4.88%
-14.31% to -7.43%	74	13.38%	18.26%
-7.43% to -0.56%	190	34.36%	52.62%
-0.56% to 6.32%	161	29.11%	81.74%
6.32% to 13.20%	71	12.84%	94.58%
13.20% to 20.07%	21	3.80%	98.37%
20.07% to 26.95%	5	0.90%	99.28%
Greater than 26.95%	4	0.72%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-9.73%	8.61%	74.14%	68.27%
±2σ	-18.90%	17.78%	95.48%	95.45%
±3σ	-28.07%	26.95%	99.10%	99.73%

Descriptive Statistics

Mean	-0.558%
Standard Error	0.390%
Median	-1.075%
Mode	0.000%
Standard Deviation	9.170%
Sample Variance	84.091%
Kurtosis	7.45
Skewness	1.25
Range	97.032%
Minimum	-29.775%
Maximum	67.257%
Count	553

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	6.960%	239	43.22%	3.008%
Negative	-6.382%	309	55.88%	-3.566%
Zero	0.000%	5	0.90%	0.000%

Close-to-Close Returns

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a Skewness factor of -0.35. Further, an Excess Kurtosis of 0.87 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -38.84%	2	1.09%	1.09%
-38.84% to -28.10%	4	2.17%	3.26%
-28.10% to -17.36%	7	3.80%	7.07%
-17.36% to -6.62%	26	14.13%	21.20%
-6.62% to 4.12%	44	23.91%	45.11%
4.12% to 14.86%	65	35.33%	80.43%
14.86% to 25.60%	26	14.13%	94.57%
25.60% to 36.34%	6	3.26%	97.83%
36.34% to 47.08%	4	2.17%	100.00%
Greater than 47.08%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-10.20%	18.44%	70.65%	68.27%
±2σ	-24.52%	32.76%	94.57%	95.45%
±3σ	-38.84%	47.08%	98.91%	99.73%

Descriptive Statistics

Mean	4.116%
Standard Error	1.056%
Median	5.363%
Mode	0.000%
Standard Deviation	14.320%
Sample Variance	205.059%
Kurtosis	0.87
Skewness	-0.35
Range	86.673%
Minimum	-42.229%
Maximum	44.444%
Count	184

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	12.046%	121	65.76%	7.922%
Negative	-11.480%	61	33.15%	-3.806%
Zero	0.000%	2	1.09%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average Quarterly True Range %
4	1 Year	22.85%
12	3 Years	21.75%
20	5 Years	21.10%
40	10 Years	19.22%
80	20 Years	19.14%
200	50 Years	23.33%

High-to-Low Returns

Gram-Charlier Analysis: Data reveals Highly Right Skewed (Extreme Positive Tail Risk) with a Skewness factor of 3.93. Further, an Excess Kurtosis of 25.92 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -23.84%	0	0.00%	0.00%
-23.84% to -11.09%	0	0.00%	0.00%
-11.09% to 1.66%	0	0.00%	0.00%
1.66% to 14.41%	25	13.51%	13.51%
14.41% to 27.16%	94	50.81%	64.32%
27.16% to 39.91%	43	23.24%	87.57%
39.91% to 52.66%	15	8.11%	95.68%
52.66% to 65.41%	1	0.54%	96.22%
65.41% to 78.16%	4	2.16%	98.38%
Greater than 78.16%	3	1.62%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	10.16%	44.16%	89.73%	68.27%
±2σ	-6.84%	61.16%	96.22%	95.45%
±3σ	-23.84%	78.16%	98.38%	99.73%

Descriptive Statistics

Mean	27.159%
Standard Error	1.250%
Median	23.315%
Mode	25.641%
Standard Deviation	16.999%
Sample Variance	288.966%
Kurtosis	25.92
Skewness	3.93
Range	158.030%
Minimum	9.470%
Maximum	167.500%
Count	185

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	27.159%	185	100.00%	27.159%
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 1.75. Further, an Excess Kurtosis of 5.52 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	Frequency	Prob	Cum. Prob
Less than -48.17%	0	0.00%	0.00%
-48.17% to -36.56%	0	0.00%	0.00%
-36.56% to -24.94%	4	2.16%	2.16%
-24.94% to -13.33%	27	14.59%	16.76%
-13.33% to -1.71%	79	42.70%	59.46%
-1.71% to 9.90%	41	22.16%	81.62%
9.90% to 21.52%	23	12.43%	94.05%
21.52% to 33.13%	5	2.70%	96.76%
33.13% to 44.75%	3	1.62%	98.38%
Greater than 44.75%	3	1.62%	100.00%

Standard Deviation Interval Analysis

SD	Lower Bnd	Upper Bnd	Actual %	Normal %
±1σ	-17.20%	13.77%	76.76%	68.27%
±2σ	-32.68%	29.26%	96.76%	95.45%
±3σ	-48.17%	44.75%	98.38%	99.73%

Descriptive Statistics

Mean	-1.712%
Standard Error	1.139%
Median	-4.990%
Mode	-30.769%
Standard Deviation	15.486%
Sample Variance	239.807%
Kurtosis	5.52
Skewness	1.75
Range	104.954%
Minimum	-30.769%
Maximum	74.185%
Count	185

Frequency Breakdown

Category	Avg Return	Count	Probability	Freq Adj Return
Positive	14.271%	63	34.05%	4.860%
Negative	-9.965%	122	65.95%	-6.572%
Zero	0.000%	0	0.00%	0.000%

TMO Deep Analytical Report