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If Excel's sample kurtosis coefficient is negative, we conclude that
EAFE
An acronym for Europe, Australasia, and Far East, representing a stock index that measures the equity market performance outside the U.S. and Canada.
European, Australian, Far East
An acronym (EAFE) referring to a major stock market index that measures the equity market performance of developed markets outside of North America.
Country Selection Return
The return attributed to the strategic selection of countries in which to invest, as opposed to stock selection or currency impact.
Benchmark
A standard or point of reference against which the performance of an investment, individual, or strategy can be measured.
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