CarMax Standard Deviation
| KMX Stock | | | USD 38.27 -0.28 -0.73% |
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 CarMax's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
CarMax has a Standard Deviation of 3.4, indicating moderate price variability. This places CarMax within the typical volatility range for Automotive Retail.
Standard Deviation | = | SQRT(V) |
| = | 3.4 | |
Standard Deviation Peers Comparison
Relative to peers, CarMax's Standard Deviation is above the group average of 2.37. Peer readings range from 1.82 (Allison Transmission Holdings) to 3.57 (Light Wonder), reflecting moderate dispersion across the sector. CarMax 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 CarMax 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.
CarMax's Maximum Drawdown of
23.17 runs about
6.82 times its Standard Deviation of
3.40 . This indicates Maximum Drawdown substantially exceeds Standard Deviation for CarMax.
Methodology, Assumptions & Data Sources
The current Standard Deviation for CarMax is 3.4. CarMax's Standard Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. CarMax operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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