A low-risk result means the oligo has no strong predicted stem-loop under your settings. A moderate result means the sequence contains a structure worth reviewing. A high-risk result means the predicted hairpin may compete with target binding at your chosen reaction temperature.
Primer hairpins matter because folded primers cannot bind template DNA efficiently. A strong 3′ or internal stem can also reduce amplification yield, raise Cq values, or create inconsistent replicate behavior. IDT describes hairpin, self-dimer, and hetero-dimer checks as standard oligo analysis steps before ordering primers or probes. See IDT OligoAnalyzer.