Common stock prices are approximately lognormally distributed. Therefore, it is most likely that conventional (discrete) common stock prices are:
- leptokurtic.
- skewed to the right.
- skewed to the left.
Common stock prices are approximately lognormally distributed. Therefore, it is most likely that conventional (discrete) common stock prices are:
Skewed to the right. Stock prices cannot go below 0.
The thing is it being skewed to the left doesnt mean they
re negative values through, so I can´t take “stock prices cannot go below 0” as a justify fot that, look:
Bounded below & unbounded above: skewed to the right.