Primoris Services Standard Deviation
| PRIM Stock | | | USD 171.60 -0.93 -0.54% |
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 Primoris Services's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
At 3.19, Primoris Services exhibits moderate price variability in Standard Deviation. This places Primoris Services within the typical volatility range for Construction & Engineering.
Standard Deviation | = | SQRT(V) |
| = | 3.19 | |
Standard Deviation Peers Comparison
The peer group averages 2.68 for Standard Deviation, with Primoris Services at 3.19 falling above that level. Readings span 1.87 (Armstrong World Industries) to 4.9 (IES Holdings). Primoris Services 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 Primoris Services 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.
Primoris Services shows nearly
5.25 of Maximum Drawdown per unit of Standard Deviation (
3.19 versus
16.78 ). This indicates Maximum Drawdown substantially exceeds Standard Deviation for Primoris Services.
Methodology, Assumptions & Data Sources
Primoris Services has a current Standard Deviation reading of 3.19. The Standard Deviation for Primoris Services applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Primoris Services operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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