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% |