Patrick Industries Standard Deviation
| PATK Stock | | | USD 95.36 -0.54 -0.56% |
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 Patrick Industries's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
A Standard Deviation of 2.9 for Patrick Industries signals moderate price variability. This places Patrick Industries within the typical volatility range for Building Products.
Standard Deviation | = | SQRT(V) |
| = | 2.9 | |
Standard Deviation Peers Comparison
Patrick Industries falls below the 3.02 peer average for Standard Deviation. TheRealReal leads at 4.63 while Brightstar Lottery PLC registers the lowest at 1.72. Patrick Industries has exhibited less 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 Patrick Industries 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.
The Maximum Drawdown-to-Standard Deviation ratio for Patrick Industries sits near
6.69 , with Standard Deviation at
2.90 and Maximum Drawdown at
19.43 . This indicates Maximum Drawdown substantially exceeds Standard Deviation for Patrick Industries.
Methodology, Assumptions & Data Sources
Patrick Industries has a current Standard Deviation reading of 2.9. Standard Deviation for Patrick Industries is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Patrick Industries operates in the consumer cyclical 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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