I’m using the IPCA for some of my analysis and the Kurtosis values are displaying negative values.
Are negative values considered low values, or is it just the magnitude that matters?
In one of my analysis I’m even getting rising negative kurtosis values.
e.g. -0.3125531 -0.6767299 -0.8193821 for PC1, 2, & 3 respectively.
This also results in explained variance of 22% (PC1), 26% (PC2), 16% (PC3)