Calumet Specialty Standard Deviation
| CLMT Stock | | | USD 34.61 0.11 0.32% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is Calumet Specialty's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
A Standard Deviation of 3.29 for Calumet Specialty signals moderate price variability. This places Calumet Specialty within the typical volatility range for Oil & Gas Refining & Marketing.
Standard Deviation | = | SQRT(V) |
| = | 3.29 | |
Standard Deviation Peers Comparison
Calumet Specialty falls above the 2.78 peer average for Standard Deviation. Nextdecade Corp leads at 4.74 while Genesis Energy LP registers the lowest at 1.4. Calumet Specialty has exhibited greater price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for Calumet Specialty and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Standard Deviation (
3.29 ) to Maximum Drawdown (
20.91 ) for Calumet Specialty yields a
6.36 multiple. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Calumet Specialty.
Methodology, Assumptions & Data Sources
Calumet Specialty has a current Standard Deviation reading of 3.29. The Standard Deviation for Calumet Specialty is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Calumet Specialty operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators