Cameco Competitors
| CCJ Stock | USD 113.63 4.35 3.98% |
Cameco Corp vs Energy Transfer Correlation
Very poor diversification
The correlation between Cameco Corp and ET is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cameco Corp and ET in the same portfolio, assuming nothing else is changed.
Moving together with Cameco Stock
Moving against Cameco Stock
Return On Assets is expected to hike to 0.04 this year, although the value of Return On Tangible Assets will most likely fall to 0.02. At this time, Cameco Corp's Net Tangible Assets are relatively stable compared to the past year. Intangible Assets is expected to hike to about 60.9 M this year, although the value of Non Currrent Assets Other will most likely fall to nearly 497 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cameco Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cameco Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Cameco Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Cameco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Cameco Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cameco Stock performing well and Cameco Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cameco Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMO | 1.53 | 0.32 | 0.14 | 0.68 | 1.60 | 3.60 | 8.06 | |||
| OXY | 1.51 | 0.18 | 0.07 | 0.71 | 1.56 | 3.16 | 8.97 | |||
| OKE | 1.29 | 0.36 | 0.18 | 7.47 | 1.28 | 2.69 | 7.19 | |||
| LNG | 0.96 | 0.02 | (0.04) | 0.24 | 1.11 | 1.95 | 4.89 | |||
| SU | 1.12 | 0.47 | 0.33 | 3.63 | 0.70 | 2.77 | 7.59 | |||
| FANG | 1.58 | 0.27 | 0.10 | 11.18 | 1.66 | 3.36 | 8.37 | |||
| BKR | 1.52 | 0.22 | 0.10 | 0.29 | 1.79 | 4.04 | 8.14 | |||
| TRP | 0.93 | 0.27 | 0.21 | 2.25 | 0.64 | 2.24 | 5.93 | |||
| MPLX | 0.82 | 0.18 | 0.08 | (4.05) | 0.86 | 1.73 | 4.74 | |||
| ET | 0.86 | 0.15 | 0.08 | (3.24) | 0.72 | 2.20 | 4.31 |
Cross Equities Net Income Analysis
Compare Cameco Corp and related stocks such as Imperial Oil, Occidental Petroleum, and ONEOK Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IMO | 684 M | 3.4 B | 3.8 B | 2.7 B | 3.6 B | 1.1 B | 2.2 B | 497.2 M | 2.3 B | 2.3 B | (1.9 B) | 2.5 B | 7.3 B | 4.9 B | 4.8 B | 3.3 B | 2 B |
| OXY | 455 M | 6.8 B | 4.6 B | 5.9 B | 616 M | (7.8 B) | (574 M) | 1.3 B | 4.1 B | (667 M) | (14.8 B) | 2.3 B | 13.2 B | 4.7 B | 3 B | 3.5 B | 3.7 B |
| OKE | 37.5 M | 360.6 M | 360.6 M | 266.5 M | 314.1 M | 245 M | 352 M | 387.8 M | 1.2 B | 1.3 B | 612.8 M | 1.5 B | 1.7 B | 2.7 B | 3 B | 3.5 B | 3.7 B |
| LNG | (100 K) | (198.8 M) | (332.8 M) | (507.9 M) | (547.9 M) | (975 M) | (610 M) | (393 M) | 471 M | 648 M | (85 M) | (2.3 B) | 1.4 B | 9.9 B | 3.3 B | 3.7 B | 3.9 B |
| SU | 77 M | 4.3 B | 2.8 B | 3.9 B | 2.7 B | (2 B) | 434 M | 4.5 B | 3.3 B | 2.9 B | (4.3 B) | 4.1 B | 9.1 B | 8.3 B | 6 B | 5.9 B | 6.2 B |
| FANG | (2.7 M) | (386 K) | (36.5 M) | 54.6 M | 193.8 M | (550.6 M) | (165 M) | 482 M | 846 M | 240 M | (4.5 B) | 2.2 B | 4.4 B | 3.1 B | 3.3 B | 3.8 B | 4 B |
| BKR | 1.8 B | 1.8 B | 1.8 B | 1.8 B | 1.8 B | (606 M) | 254 M | (61 M) | 195 M | 128 M | (9.9 B) | (219 M) | (601 M) | 1.9 B | 3 B | 2.7 B | 2.8 B |
| TRP | 278.1 M | 1.6 B | 1.4 B | 1.8 B | 1.8 B | (1.1 B) | 233 M | 3.2 B | 3.7 B | 4.1 B | 4.6 B | 2 B | 748 M | 2.9 B | 4.7 B | 5.4 B | 5.7 B |
| MPLX | 103.3 M | 134 M | 13.1 M | 77.9 M | 121.3 M | 156 M | 233 M | 794 M | 1.8 B | 1 B | (720 M) | 3.1 B | 3.9 B | 3.9 B | 4.3 B | 4.9 B | 5.2 B |
| ET | 450.2 M | 309.8 M | 304 M | 196 M | 633 M | 1.2 B | 995 M | 954 M | 1.7 B | 3.5 B | (648 M) | 5.5 B | 4.8 B | 3.9 B | 4.8 B | 5.5 B | 5.8 B |
Cameco Corp and related stocks such as Imperial Oil, Occidental Petroleum, and ONEOK Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Cameco Corp financial statement analysis. It represents the amount of money remaining after all of Cameco Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cameco Corp Competitive Analysis
The better you understand Cameco Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Cameco Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Cameco Corp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Cameco Corp Competition Performance Charts
Five steps to successful analysis of Cameco Corp Competition
Cameco Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Cameco Corp in relation to its competition. Cameco Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Cameco Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Cameco Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Cameco Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Cameco Corp Correlation with its peers. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
What growth prospects exist in Oil, Gas & Consumable Fuels sector? Can Cameco capture new markets? Factors like these will boost the valuation of Cameco Corp. Projected growth potential of Cameco fundamentally drives upward valuation adjustments. Valuation analysis balances hard financial data with qualitative growth assessments. While each Cameco Corp valuation metric matters, prioritizing which indicators carry greater predictive weight remains essential.
Quarterly Earnings Growth 8.214 | Dividend Share 0.16 | Earnings Share 0.89 | Revenue Per Share | Quarterly Revenue Growth (0.15) |
Understanding Cameco Corp requires distinguishing between market price and book value, where the latter reflects Cameco's accounting equity. The concept of intrinsic value - what Cameco Corp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push Cameco Corp's price substantially above or below its fundamental value.
It's important to distinguish between Cameco Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cameco Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cameco Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.