XLV 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	1.12%	0.94%	0.97%	1.31%	1.15%	1.31%	142.53	145.84	140.91	147.53
周度	2.43%	2.37%	2.35%	3.01%	2.53%	2.87%	140.58	147.87	137.07	151.66
月度	4.11%	4.82%	4.10%	6.43%	5.26%	5.98%	136.79	151.97	129.78	160.18
季度	6.23%	7.37%	6.23%	10.89%	9.11%	10.36%	131.62	157.94	120.16	173.01
Annual	—	—	—	—	18.23%	20.73%	120.16	173.01	100.14	207.59
Option Time Horizon	—	—	—	—	6.95%	7.90%	134.51	154.55	125.48	165.66

Calculation Notes: Computed at 2026-04-26T02:49 UTC | Reference Contract: Call option expiring 2026-06-18 (53 days) | Spot 价格 (S): $144.18 | Strike (K): $145.00 (first OTM call ≥ spot) | Observed Mid-价格: $3.8500 (Bid $3.5000 / Ask $4.2000) | Risk-Free Rate (r): 3.69% (1-Month CMT, US Treasury) | Dividend Yield (q): 1.24% | Binomial IV (Annual): 18.23% (CRR binomial tree, American, n=20 steps) | BS IV: 18.27% (European Black-Scholes) | Yahoo IV (Annual): 20.73% → 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
2026-03-23	$0.5950
2025-12-22	$0.6570
2025-09-22	$0.6250
2025-06-23	$0.6300
2025-03-24	$0.5650
2024-12-23	$0.6220
2024-09-23	$0.5770
2024-06-24	$0.5730
2024-03-18	$0.5230
2023-12-18	$0.5980
2023-09-18	$0.5400
2023-06-20	$0.5420
2023-03-20	$0.4890
2022-12-19	$0.5560
2022-09-19	$0.5060
2022-06-21	$0.5040
2022-03-21	$0.4260
2021-12-20	$0.5280
2021-09-20	$0.4670
2021-06-21	$0.4810
2021-03-22	$0.3980
2020-12-21	$0.4640
2020-09-21	$0.4180
2020-06-22	$0.4250
2020-03-23	$0.3820
2019-12-30	$0.6660
2019-12-20	$0.4220
2019-09-20	$0.3800
2019-06-21	$0.3980
2019-03-15	$0.3410
2018-12-21	$0.3800
2018-09-21	$0.3670
2018-06-15	$0.3160
2018-03-16	$0.3000
2017-12-15	$0.3310
2017-09-15	$0.3050
2017-06-16	$0.3080
2017-03-17	$0.2740
2016-12-16	$0.3050
2016-09-16	$0.2790
2016-06-17	$0.2850
2016-03-18	$0.2370
2015-12-18	$0.3030
2015-09-18	$0.2610
2015-06-19	$0.2610
2015-03-20	$0.2080
2014-12-19	$0.2600
2014-09-19	$0.2310
2014-06-20	$0.2260
2014-03-21	$0.2050
2013-12-20	$0.2250
2013-09-20	$0.2130
2013-06-21	$0.2120
2013-03-15	$0.1940
2012-12-21	$0.2190
2012-09-21	$0.1990
2012-06-15	$0.1990
2012-03-16	$0.1860
2011-12-16	$0.1880
2011-09-16	$0.1770
2011-06-17	$0.1700
2011-03-18	$0.1450
2010-12-17	$0.1640
2010-09-17	$0.1540
2010-06-18	$0.1510
2010-03-19	$0.1080
2009-12-18	$0.1710
2009-09-18	$0.1270
2009-06-19	$0.1300
2009-03-20	$0.1460
2008-12-19	$0.1580
2008-09-19	$0.1420
2008-06-20	$0.1420
2008-03-20	$0.1390
2007-12-21	$0.1300
2007-09-21	$0.1230
2007-06-15	$0.1930
2007-03-16	$0.1240
2006-12-15	$0.1170
2006-09-15	$0.1130
2006-06-16	$0.1110
2006-03-17	$0.1070
2005-12-16	$0.1040
2005-09-16	$0.0960
2005-06-17	$0.0960
2005-03-18	$0.1010
2004-12-17	$0.0930
2004-09-17	$0.0890
2004-06-18	$0.0860
2004-03-19	$0.0750
2003-12-19	$0.1030
2003-09-19	$0.0860
2003-06-20	$0.0860
2003-03-21	$0.0720
2002-12-20	$0.0990
2002-09-20	$0.0790
2002-06-21	$0.0070
2002-03-15	$0.0130
2001-12-21	$0.0470
2001-09-21	$0.0090
2001-06-15	$0.0120
2001-03-16	$0.0050
2000-12-18	$0.0050
1999-12-20	$0.1760

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.03. Further, an Excess 峰度 of 8.82 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -3.33%	52	0.76%	0.76%
-3.33% to -2.49%	76	1.11%	1.86%
-2.49% to -1.65%	249	3.62%	5.48%
-1.65% to -0.81%	773	11.24%	16.73%
-0.81% to 0.04%	2253	32.77%	49.50%
0.04% to 0.88%	2292	33.34%	82.84%
0.88% to 1.72%	846	12.31%	95.14%
1.72% to 2.57%	236	3.43%	98.57%
2.57% to 3.41%	60	0.87%	99.45%
Greater than 3.41%	38	0.55%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-1.09%	1.16%	77.82%	68.27%
±2σ	-2.21%	2.29%	95.23%	95.45%
±3σ	-3.33%	3.41%	98.69%	99.73%

Descriptive Statistics

均值	0.038%
Standard Error	0.014%
中位数	0.055%
Mode	0.000%
Standard Deviation	1.124%
Sample Variance	1.264%
峰度	8.82
偏度	-0.03
Range	21.916%
Minimum	-9.861%
Maximum	12.055%
Count	6875

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	0.789%	3583	52.12%	0.411%
负向	-0.801%	3206	46.63%	-0.374%
Zero	0.000%	86	1.25%	0.000%

Average True Range Percentage (ATRP)

Trading Days	Horizon	Average 日度 True Range %
5	1 Week	1.38%
20	1 Month	1.48%
60	1 Quarter	1.44%
250	1 Year	1.35%
750	3 Years	1.21%
1,250	5 Years	1.31%
2,500	10 Years	1.32%
5,000	20 Years	1.38%
12,500	50 Years	1.44%

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 5.77. Further, an Excess 峰度 of 84.59 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -1.49%	0	0.00%	0.00%
-1.49% to -0.78%	0	0.00%	0.00%
-0.78% to -0.08%	0	0.00%	0.00%
-0.08% to 0.63%	760	11.05%	11.05%
0.63% to 1.33%	3630	52.79%	63.85%
1.33% to 2.04%	1624	23.62%	87.46%
2.04% to 2.75%	498	7.24%	94.71%
2.75% to 3.45%	180	2.62%	97.32%
3.45% to 4.16%	76	1.11%	98.43%
Greater than 4.16%	108	1.57%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	0.39%	2.28%	90.37%	68.27%
±2σ	-0.55%	3.22%	96.83%	95.45%
±3σ	-1.49%	4.16%	98.43%	99.73%

Descriptive Statistics

均值	1.335%
Standard Error	0.011%
中位数	1.116%
Mode	1.043%
Standard Deviation	0.942%
Sample Variance	0.887%
峰度	84.59
偏度	5.77
Range	25.281%
Minimum	0.218%
Maximum	25.499%
Count	6876

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	1.335%	6876	100.00%	1.335%
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 Fairly Symmetrical with a 偏度 factor of 0.34. Further, an Excess 峰度 of 7.44 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -2.92%	42	0.61%	0.61%
-2.92% to -2.19%	60	0.87%	1.48%
-2.19% to -1.46%	215	3.13%	4.61%
-1.46% to -0.72%	869	12.64%	17.25%
-0.72% to 0.01%	2411	35.06%	52.31%
0.01% to 0.73%	2097	30.50%	82.81%
0.73% to 1.47%	792	11.52%	94.33%
1.47% to 2.20%	263	3.82%	98.15%
2.20% to 2.93%	69	1.00%	99.16%
Greater than 2.93%	58	0.84%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-0.97%	0.98%	77.21%	68.27%
±2σ	-1.94%	1.95%	94.95%	95.45%
±3σ	-2.92%	2.93%	98.55%	99.73%

Descriptive Statistics

均值	0.005%
Standard Error	0.012%
中位数	-0.026%
Mode	0.000%
Standard Deviation	0.974%
Sample Variance	0.949%
峰度	7.44
偏度	0.34
Range	17.327%
Minimum	-7.407%
Maximum	9.920%
Count	6876

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	0.722%	3279	47.69%	0.344%
负向	-0.669%	3489	50.74%	-0.339%
Zero	0.000%	108	1.57%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of 0.15. Further, an Excess 峰度 of 6.04 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -7.12%	15	1.05%	1.05%
-7.12% to -5.29%	8	0.56%	1.61%
-5.29% to -3.47%	59	4.14%	5.75%
-3.47% to -1.65%	166	11.64%	17.39%
-1.65% to 0.18%	450	31.56%	48.95%
0.18% to 2.00%	487	34.15%	83.10%
2.00% to 3.83%	184	12.90%	96.00%
3.83% to 5.65%	32	2.24%	98.25%
5.65% to 7.48%	16	1.12%	99.37%
Greater than 7.48%	9	0.63%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.25%	2.61%	77.91%	68.27%
±2σ	-4.69%	5.04%	95.09%	95.45%
±3σ	-7.12%	7.48%	98.32%	99.73%

Descriptive Statistics

均值	0.179%
Standard Error	0.064%
中位数	0.233%
Mode	0.000%
Standard Deviation	2.433%
Sample Variance	5.919%
峰度	6.04
偏度	0.15
Range	32.485%
Minimum	-13.254%
Maximum	19.231%
Count	1426

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	1.762%	776	54.42%	0.959%
负向	-1.726%	644	45.16%	-0.779%
Zero	0.000%	6	0.42%	0.000%

Average True Range Percentage (ATRP)

Weeks	Horizon	Average 周度 True Range %
4	1 Month	3.15%
12	1 Quarter	3.18%
52	1 Year	3.14%
156	3 Years	2.81%
260	5 Years	3.01%
520	10 Years	3.11%
1,040	20 Years	3.19%
2,600	50 Years	3.39%

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 4.29. Further, an Excess 峰度 of 34.74 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -3.70%	0	0.00%	0.00%
-3.70% to -1.92%	0	0.00%	0.00%
-1.92% to -0.14%	0	0.00%	0.00%
-0.14% to 1.64%	170	11.91%	11.91%
1.64% to 3.42%	751	52.63%	64.54%
3.42% to 5.20%	327	22.92%	87.46%
5.20% to 6.98%	103	7.22%	94.67%
6.98% to 8.76%	30	2.10%	96.78%
8.76% to 10.54%	20	1.40%	98.18%
Greater than 10.54%	26	1.82%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	1.05%	5.80%	89.70%	68.27%
±2σ	-1.33%	8.17%	96.29%	95.45%
±3σ	-3.70%	10.54%	98.18%	99.73%

Descriptive Statistics

均值	3.423%
Standard Error	0.063%
中位数	2.851%
Mode	3.345%
Standard Deviation	2.374%
Sample Variance	5.637%
峰度	34.74
偏度	4.29
Range	34.282%
Minimum	0.699%
Maximum	34.981%
Count	1427

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	3.423%	1427	100.00%	3.423%
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 0.69. Further, an Excess 峰度 of 6.17 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -7.09%	5	0.35%	0.35%
-7.09% to -5.33%	14	0.98%	1.33%
-5.33% to -3.56%	34	2.38%	3.71%
-3.56% to -1.80%	202	14.16%	17.87%
-1.80% to -0.03%	496	34.76%	52.63%
-0.03% to 1.73%	443	31.04%	83.67%
1.73% to 3.50%	150	10.51%	94.18%
3.50% to 5.26%	54	3.78%	97.97%
5.26% to 7.03%	14	0.98%	98.95%
Greater than 7.03%	15	1.05%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-2.39%	2.32%	77.08%	68.27%
±2σ	-4.74%	4.67%	95.02%	95.45%
±3σ	-7.09%	7.03%	98.60%	99.73%

Descriptive Statistics

均值	-0.032%
Standard Error	0.062%
中位数	-0.150%
Mode	0.000%
Standard Deviation	2.353%
Sample Variance	5.536%
峰度	6.17
偏度	0.69
Range	30.618%
Minimum	-14.611%
Maximum	16.007%
Count	1427

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	1.756%	660	46.25%	0.812%
负向	-1.586%	759	53.19%	-0.844%
Zero	0.000%	8	0.56%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.29. Further, an Excess 峰度 of 0.52 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -11.59%	2	0.61%	0.61%
-11.59% to -8.51%	3	0.91%	1.52%
-8.51% to -5.43%	19	5.79%	7.32%
-5.43% to -2.35%	48	14.63%	21.95%
-2.35% to 0.73%	80	24.39%	46.34%
0.73% to 3.81%	106	32.32%	78.66%
3.81% to 6.89%	52	15.85%	94.51%
6.89% to 9.96%	16	4.88%	99.39%
9.96% to 13.04%	2	0.61%	100.00%
Greater than 13.04%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-3.38%	4.83%	70.12%	68.27%
±2σ	-7.48%	8.94%	94.82%	95.45%
±3σ	-11.59%	13.04%	99.39%	99.73%

Descriptive Statistics

均值	0.729%
Standard Error	0.227%
中位数	1.059%
Mode	-6.587%
Standard Deviation	4.105%
Sample Variance	16.854%
峰度	0.52
偏度	-0.29
Range	27.067%
Minimum	-14.479%
Maximum	12.588%
Count	328

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	3.382%	196	59.76%	2.021%
负向	-3.211%	132	40.24%	-1.292%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Months	Horizon	Average 月度 True Range %
3	1 Quarter	6.45%
12	1 Year	6.59%
36	3 Years	6.03%
60	5 Years	6.43%
120	10 Years	6.73%
240	20 Years	6.81%
600	50 Years	7.17%

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 3.07. Further, an Excess 峰度 of 12.97 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -6.90%	0	0.00%	0.00%
-6.90% to -3.29%	0	0.00%	0.00%
-3.29% to 0.32%	0	0.00%	0.00%
0.32% to 3.93%	37	11.25%	11.25%
3.93% to 7.54%	178	54.10%	65.35%
7.54% to 11.15%	70	21.28%	86.63%
11.15% to 14.76%	22	6.69%	93.31%
14.76% to 18.38%	11	3.34%	96.66%
18.38% to 21.99%	5	1.52%	98.18%
Greater than 21.99%	6	1.82%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	2.73%	12.36%	88.15%	68.27%
±2σ	-2.09%	17.17%	96.05%	95.45%
±3σ	-6.90%	21.99%	98.18%	99.73%

Descriptive Statistics

均值	7.541%
Standard Error	0.265%
中位数	6.283%
Mode	3.347%
Standard Deviation	4.815%
Sample Variance	23.189%
峰度	12.97
偏度	3.07
Range	34.033%
Minimum	2.414%
Maximum	36.447%
Count	329

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	7.541%	329	100.00%	7.541%
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 Fairly Symmetrical with a 偏度 factor of 0.49. Further, an Excess 峰度 of 1.15 proves the distribution possesses Fat Tails (高er Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -12.65%	1	0.30%	0.30%
-12.65% to -9.57%	1	0.30%	0.61%
-9.57% to -6.50%	13	3.95%	4.56%
-6.50% to -3.42%	54	16.41%	20.97%
-3.42% to -0.35%	114	34.65%	55.62%
-0.35% to 2.73%	72	21.88%	77.51%
2.73% to 5.80%	53	16.11%	93.62%
5.80% to 8.87%	15	4.56%	98.18%
8.87% to 11.95%	3	0.91%	99.09%
Greater than 11.95%	3	0.91%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.45%	3.75%	70.52%	68.27%
±2σ	-8.55%	7.85%	96.35%	95.45%
±3σ	-12.65%	11.95%	98.78%	99.73%

Descriptive Statistics

均值	-0.349%
Standard Error	0.226%
中位数	-0.809%
Mode	-2.783%
Standard Deviation	4.099%
Sample Variance	16.800%
峰度	1.15
偏度	0.49
Range	30.957%
Minimum	-14.148%
Maximum	16.809%
Count	329

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	3.507%	135	41.03%	1.439%
负向	-3.064%	192	58.36%	-1.788%
Zero	0.000%	2	0.61%	0.000%

收盘-to-收盘收益

Gram-Charlier Analysis: Data reveals Fairly Symmetrical with a 偏度 factor of -0.45. Further, an Excess 峰度 of 0.54 proves the distribution possesses Normal Tails (Mesokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -16.60%	1	0.92%	0.92%
-16.60% to -11.92%	1	0.92%	1.83%
-11.92% to -7.25%	2	1.83%	3.67%
-7.25% to -2.57%	19	17.43%	21.10%
-2.57% to 2.10%	31	28.44%	49.54%
2.10% to 6.78%	30	27.52%	77.06%
6.78% to 11.45%	19	17.43%	94.50%
11.45% to 16.13%	6	5.50%	100.00%
16.13% to 20.80%	0	0.00%	100.00%
Greater than 20.80%	0	0.00%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-4.13%	8.33%	71.56%	68.27%
±2σ	-10.36%	14.57%	97.25%	95.45%
±3σ	-16.60%	20.80%	99.08%	99.73%

Descriptive Statistics

均值	2.102%
Standard Error	0.597%
中位数	2.163%
Mode	7.450%
Standard Deviation	6.233%
Sample Variance	38.847%
峰度	0.54
偏度	-0.45
Range	34.246%
Minimum	-18.406%
Maximum	15.840%
Count	109

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	5.572%	72	66.06%	3.681%
负向	-4.651%	37	33.95%	-1.579%
Zero	0.000%	0	0.00%	0.000%

Average True Range Percentage (ATRP)

Quarters	Horizon	Average 季度 True Range %
4	1 Year	11.82%
12	3 Years	10.78%
20	5 Years	10.89%
40	10 Years	11.50%
80	20 Years	11.99%
200	50 Years	12.38%

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 2.69. Further, an Excess 峰度 of 8.19 proves the distribution possesses Extreme Fat Tails (Frequent Outliers, Leptokurtic).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -8.55%	0	0.00%	0.00%
-8.55% to -3.02%	0	0.00%	0.00%
-3.02% to 2.50%	0	0.00%	0.00%
2.50% to 8.03%	11	10.00%	10.00%
8.03% to 13.55%	63	57.27%	67.27%
13.55% to 19.08%	24	21.82%	89.09%
19.08% to 24.60%	4	3.64%	92.73%
24.60% to 30.13%	3	2.73%	95.45%
30.13% to 35.66%	0	0.00%	95.45%
Greater than 35.66%	5	4.55%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	6.19%	20.92%	90.00%	68.27%
±2σ	-1.18%	28.29%	95.45%	95.45%
±3σ	-8.55%	35.66%	95.45%	99.73%

Descriptive Statistics

均值	13.554%
Standard Error	0.702%
中位数	11.686%
Mode	13.350%
Standard Deviation	7.367%
Sample Variance	54.275%
峰度	8.19
偏度	2.69
Range	42.723%
Minimum	4.678%
Maximum	47.401%
Count	110

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	13.554%	110	100.00%	13.554%
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 0.90. Further, an Excess 峰度 of 1.76 proves the distribution possesses Fat Tails (高er Outlier Risk).

Bin Distribution Over Raw Range

Bin / Range	频率	Prob	Cum. Prob
Less than -19.97%	0	0.00%	0.00%
-19.97% to -15.30%	0	0.00%	0.00%
-15.30% to -10.63%	3	2.73%	2.73%
-10.63% to -5.96%	23	20.91%	23.64%
-5.96% to -1.29%	32	29.09%	52.73%
-1.29% to 3.38%	30	27.27%	80.00%
3.38% to 8.05%	17	15.45%	95.45%
8.05% to 12.72%	3	2.73%	98.18%
12.72% to 17.39%	0	0.00%	98.18%
Greater than 17.39%	2	1.82%	100.00%

Standard Deviation Interval Analysis

SD	低er Bnd	Upper Bnd	Actual %	Normal %
±1σ	-7.52%	4.94%	69.09%	68.27%
±2σ	-13.74%	11.17%	97.27%	95.45%
±3σ	-19.97%	17.39%	98.18%	99.73%

Descriptive Statistics

均值	-1.289%
Standard Error	0.594%
中位数	-1.845%
Mode	-13.384%
Standard Deviation	6.227%
Sample Variance	38.781%
峰度	1.76
偏度	0.90
Range	35.526%
Minimum	-13.384%
Maximum	22.142%
Count	110

频率 Breakdown

分类	Avg 收益	Count	概率	Freq Adj 收益
正向	4.991%	41	37.27%	1.860%
负向	-5.021%	69	62.73%	-3.150%
Zero	0.000%	0	0.00%	0.000%

XLV 深度分析报告