The ground state is going to look like:
$$ \psi(\theta) = \frac 1 {\sqrt{2\pi}}e^{in\theta} $$
with $n=0$, which is:
$$ \psi(\theta) = \frac 1 {\sqrt{2\pi}} $$
which manifestly does not have a preferred coordinate.
But we can find the expectations values and uncertainties via:
$$ \langle\theta^n\rangle = \int_0^{2\pi}\psi^*\theta^n\psi d\theta$$
$$ \langle\theta^n\rangle = \frac 1 {2\pi}\int_0^{2\pi}\theta^nd\theta = \frac 1 {n+1}\theta^{n+1}|^{2\pi}_0 = \frac{(2\pi)^n}{n+1}$$
so that:
$$ \langle\theta\rangle = \pi$$
and
$$ \langle\theta^2\rangle = \frac{4\pi^2} 3$$
Hence:
$$ \sigma_{\theta} = (\frac{4\pi^2} 3 - \pi^2)^{\frac 1 2}= \frac 1 {\sqrt 3} \pi $$
which one would expect, since a uniform random variable has standard deviation $1/\sqrt{12}$.
To paraphrase Feynman, this is a "[just] calculate" situation.
One thing to note here, which is also true in central potentials (hydrogen atom), is that the energy eigenstates are also angular momentum eigenstates, that means the uncertainty in $J^2$ is zero, while the angular coordinate is distributed around the ring (or according to $Y_l^m(\theta, \phi)$ in the 3D case), which is of course uncertain.
When $J=0$, the solution is completely rotationally symmetric, so any rotation leaves the state unchanged (up to a possible global phase factor). That means the probability amplitude is uniform around the ring. This is the same as the free particle case with $\vec p=0$: translations do not change the state, and the probability is uniform over all $\vec r$. Any wave function with "clumping", so to speak, means there is non-zero angular/linear momentum in the wave function.
This behavior all derives from the fact that momenta in a coordinate $q$ is proportional to $-i\partial_q$, and that's because translations (rotations) are generated by linear (angular) momentum operators.