That sounds like achievement testing (based on exposure to academics) rather than ability testing and unless the ceiling is very high for 12 year-olds (like the SAT or ACT), I can't see accuracy beyond the top one or two percentiles. Since your DS skipped a year, I am assuming that he is now an 8th grader, which makes this the last year that most talent searches even uses the SAT/ACT as an out of level assessment tool. If he hits above 720 on the new SAT Math or EBRW before turning 13, then 3 SD is probably very likely.