Most Recent intervals return of -3.52% ranks in the 2th percentile — an unusually weak move (bottom decile).
Central Tendency & Dispersion
Mean Return
0.08%
Median Return
0.03%
Std Dev (Volatility)
1.77%
Observations
126
Distribution Shape
Skewness
-0.51
Excess Kurtosis
2.10
Jarque-Bera
28.7 (non-normal)
Negatively skewed (longer left tail). Fat-tailed — outliers more likely than normal.
Tail Risk & Expectancy
Value at Risk (95%)
-2.51%
Value at Risk (99%)
-4.36%
Expected Shortfall (CVaR 95%)
-3.89%
Expectancy / Period
0.08%
Percentile Band
5th
25th
Median
75th
95th
-2.51%
-0.98%
0.03%
1.20%
2.81%
90% of intervals returns fall between -2.51% and 2.81%.
Key Observations
FOX posted 126 intervals returns averaging 0.08% (median 0.03%) with a 1.77% standard deviation. The distribution is negatively skewed (longer left tail) with fatter-than-normal tails (elevated outlier risk), and a Jarque-Bera test classifies it as non-normal — lean on percentiles rather than σ to size risk. Positive periods occurred 50.0% of the time, giving an expectancy of 0.08% per period. In the worst 5% of periods, returns fell below -2.51%, averaging -3.89% (Expected Shortfall). The most recent move of -3.52% ranks in the 2th percentile — an unusually weak move (bottom decile).