Standard Deviations by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2015

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/optvar.xls

For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html

can be obtained by clicking here

on which companies are included in each industry


Industry Name
Number of Firms
Std Deviation in Equity
Std Deviation in Firm Value
E/(D+E)
D/(D+E)
Advertising
52
51.52%
38.15%
66.39%
33.61%
Aerospace/Defense
93
50.15%
43.84%
84.07%
15.93%
Air Transport
22
53.32%
35.16%
55.09%
44.91%
Apparel
64
56.24%
48.63%
82.83%
17.17%
Auto & Truck
22
43.52%
26.76%
48.56%
51.44%
Auto Parts
75
53.89%
44.49%
77.73%
22.27%
Bank (Money Center)
13
39.98%
20.38%
31.38%
68.62%
Banks (Regional)
676
37.41%
24.97%
56.28%
43.72%
Beverage (Alcoholic)
22
55.14%
47.34%
82.05%
17.95%
Beverage (Soft)
46
61.94%
52.82%
81.27%
18.73%
Broadcasting
28
62.12%
42.43%
58.46%
41.54%
Brokerage & Investment Banking
46
44.77%
21.31%
24.78%
75.22%
Building Materials
39
43.52%
35.23%
75.62%
24.38%
Business & Consumer Services
177
52.77%
43.14%
76.68%
23.32%
Cable TV
18
52.83%
40.16%
69.06%
30.94%
Chemical (Basic)
46
50.32%
39.08%
71.27%
28.73%
Chemical (Diversified)
10
41.14%
33.13%
75.08%
24.92%
Chemical (Specialty)
103
51.80%
44.62%
82.40%
17.60%
Coal & Related Energy
42
74.62%
45.37%
47.53%
52.47%
Computer Services
119
59.41%
49.34%
78.39%
21.61%
Computers/Peripherals
64
66.35%
61.79%
91.35%
8.65%
Construction Supplies
55
47.26%
35.83%
68.78%
31.22%
Diversified
23
32.85%
23.30%
62.16%
37.84%
Drugs (Biotechnology)
400
93.06%
87.28%
92.18%
7.82%
Drugs (Pharmaceutical)
151
75.04%
68.01%
88.17%
11.83%
Education
42
70.19%
54.75%
71.72%
28.28%
Electrical Equipment
126
65.34%
57.89%
85.57%
14.43%
Electronics (Consumer & Office)
28
56.16%
54.26%
95.76%
4.24%
Electronics (General)
189
69.01%
62.02%
87.19%
12.81%
Engineering/Construction
56
47.91%
39.85%
78.55%
21.45%
Entertainment
84
58.48%
48.58%
78.42%
21.58%
Environmental & Waste Services
103
65.61%
50.88%
71.14%
28.86%
Farming/Agriculture
37
41.59%
29.56%
62.32%
37.68%
Financial Svcs. (Non-bank & Insurance)
288
38.80%
16.02%
7.65%
92.35%
Food Processing
96
42.05%
34.99%
78.61%
21.39%
Food Wholesalers
14
35.73%
31.61%
85.40%
14.60%
Furn/Home Furnishings
27
54.24%
45.29%
78.98%
21.02%
Green & Renewable Energy
26
53.18%
32.37%
47.63%
52.37%
Healthcare Products
261
64.48%
57.57%
86.46%
13.54%
Healthcare Support Services
138
46.72%
39.00%
78.95%
21.05%
Heathcare Information and Technology
127
70.49%
61.32%
83.51%
16.49%
Homebuilding
35
53.78%
38.18%
62.20%
37.80%
Hospitals/Healthcare Facilities
56
43.11%
28.99%
56.95%
43.05%
Hotel/Gaming
80
49.55%
36.06%
64.67%
35.33%
Household Products
135
61.63%
53.90%
84.11%
15.89%
Information Services
67
42.71%
38.74%
88.25%
11.75%
Insurance (General)
24
35.35%
27.09%
69.91%
30.09%
Insurance (Life)
25
34.48%
23.54%
58.40%
41.60%
Insurance (Prop/Cas.)
52
36.73%
29.63%
75.24%
24.76%
Investments & Asset Management
148
41.63%
28.14%
57.45%
42.55%
Machinery
137
46.22%
40.04%
83.03%
16.97%
Metals & Mining
124
74.49%
55.13%
66.36%
33.64%
Office Equipment & Services
25
49.87%
36.72%
65.84%
34.16%
Oil/Gas (Integrated)
8
33.56%
30.91%
90.04%
9.96%
Oil/Gas (Production and Exploration)
392
71.93%
53.83%
67.49%
32.51%
Oil/Gas Distribution
85
43.15%
32.36%
67.68%
32.32%
Oilfield Svcs/Equip.
161
65.23%
54.16%
78.35%
21.65%
Packaging & Container
26
31.06%
23.20%
67.30%
32.70%
Paper/Forest Products
22
44.94%
33.21%
66.22%
33.78%
Power
82
29.70%
19.96%
56.90%
43.10%
Precious Metals
147
93.69%
72.59%
71.02%
28.98%
Publshing & Newspapers
43
50.42%
37.87%
67.85%
32.15%
R.E.I.T.
213
31.55%
20.35%
53.05%
46.95%
Real Estate (Development)
18
43.65%
33.08%
68.77%
31.23%
Real Estate (General/Diversified)
11
45.97%
38.18%
78.39%
21.61%
Real Estate (Operations & Services)
52
50.05%
36.02%
63.56%
36.44%
Recreation
68
50.41%
40.93%
75.97%
24.03%
Reinsurance
4
21.20%
16.69%
72.68%
27.32%
Restaurant/Dining
79
44.43%
36.84%
78.20%
21.80%
Retail (Automotive)
30
48.06%
35.64%
66.58%
33.42%
Retail (Building Supply)
5
50.71%
44.20%
83.71%
16.29%
Retail (Distributors)
90
52.06%
38.99%
67.57%
32.43%
Retail (General)
23
46.36%
37.70%
76.12%
23.88%
Retail (Grocery and Food)
21
51.83%
37.48%
64.05%
35.95%
Retail (Online)
46
70.16%
66.26%
93.01%
6.99%
Retail (Special Lines)
128
51.42%
39.71%
70.70%
29.30%
Rubber& Tires
4
49.54%
32.04%
53.26%
46.74%
Semiconductor
100
57.12%
52.72%
90.29%
9.71%
Semiconductor Equip
47
60.18%
53.06%
85.01%
14.99%
Shipbuilding & Marine
14
71.45%
52.22%
65.10%
34.90%
Shoe
13
40.80%
38.58%
93.16%
6.84%
Software (Entertainment)
20
69.84%
61.70%
85.25%
14.75%
Software (Internet)
327
72.48%
69.42%
94.71%
5.29%
Software (System & Application)
259
61.85%
57.51%
91.16%
8.84%
Steel
40
52.45%
36.76%
60.96%
39.04%
Telecom (Wireless)
21
53.05%
29.48%
39.31%
60.69%
Telecom. Equipment
126
62.74%
57.52%
89.51%
10.49%
Telecom. Services
77
55.60%
38.76%
60.45%
39.55%
Tobacco
20
41.74%
36.31%
83.51%
16.49%
Transportation
21
42.36%
36.56%
82.62%
17.38%
Transportation (Railroads)
10
30.73%
26.66%
83.19%
16.81%
Trucking
30
48.49%
33.65%
60.00%
40.00%
Unclassified
8
NA
NA
79.20%
20.80%
Utility (General)
21
23.02%
16.31%
62.00%
38.00%
Utility (Water)
19
38.21%
28.35%
66.59%
33.41%
Total Market
7887
53.60%
37.27%
60.19%
39.81%

 



Last Updated in January 2015
By Aswath Damodaran