Cameco Corp Stock Price on October 3, 2024
| CCJ Stock | USD 57.81 0.81 1.38% |
Below is the normalized historical share price chart for Cameco Corp extending back to March 14, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cameco Corp stands at 57.81, as last reported on the 28th of November, with the highest price reaching 58.92 and the lowest price hitting 57.62 during the day.
If you're considering investing in Cameco Stock, it is important to understand the factors that can impact its price. Cameco Corp appears to be very steady, given 3 months investment horizon. Cameco Corp secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing Cameco Corp's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Cameco Corp's Mean Deviation of 2.03, risk adjusted performance of 0.1547, and Downside Deviation of 2.29 to double-check if our risk estimates are consistent with your expectations.
At this time, Cameco Corp's Issuance Of Capital Stock is relatively stable compared to the past year. Stock Based Compensation To Revenue is expected to hike to 0.03 this year, although the value of Liabilities And Stockholders Equity will most likely fall to nearly 6.2 B. . At this time, Cameco Corp's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. Price To Book Ratio is expected to hike to 4.28 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 44.14. Cameco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of March 1996 | 200 Day MA 47.6266 | 50 Day MA 52.3748 | Beta 0.886 |
Cameco |
Sharpe Ratio = 0.2128
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Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Cameco Corp is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cameco Corp by adding it to a well-diversified portfolio.
Price Book 5.7926 | Enterprise Value Ebitda 62.8135 | Price Sales 8.9969 | Shares Float 434 M | Dividend Share 0.12 |
Cameco Corp Valuation on October 3, 2024
It is possible to determine the worth of Cameco Corp on a given historical date. On October 3, 2024 Cameco was worth 50.0 at the beginning of the trading date compared to the closed value of 49.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cameco Corp stock. Still, in general, we apply an absolute valuation method to find Cameco Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cameco Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cameco Corp's related companies.
| Open | High | Low | Close | Volume | |
| 48.72 | 49.76 | 48.53 | 49.44 | 3,171,215 | |
10/03/2024 | 50.00 | 50.19 | 49.29 | 49.96 | 4,935,390 |
| 50.18 | 52.20 | 49.55 | 51.84 | 6,879,650 |
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Cameco Corp Trading Date Momentum on October 3, 2024
| On October 04 2024 Cameco Corp was traded for 51.84 at the closing time. Highest Cameco Corp's price during the trading hours was 52.20 and the lowest price during the day was 49.55 . The net volume was 6.9 M. The overall trading history on the 4th of October contributed to the next trading period price surge. The overall trading delta to the next next day price was 3.76% . The overall trading delta to current price is 2.78% . |
Cameco Corp Fundamentals Correlations and Trends
By evaluating Cameco Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cameco Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cameco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cameco Corp Stock history
Cameco Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cameco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cameco Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cameco Corp stock prices may prove useful in developing a viable investing in Cameco Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 435.4 M | 403.3 M | |
| Net Income Applicable To Common Shares | 80.4 M | 138.5 M |
Cameco Corp Quarterly Net Working Capital |
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Cameco Corp Stock Technical Analysis
Cameco Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cameco Corp Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Cameco Corp November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cameco Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cameco Corp shares will generate the highest return on investment. By undertsting and applying Cameco Corp stock market strength indicators, traders can identify Cameco Corp entry and exit signals to maximize returns
Cameco Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cameco Corp's price direction in advance. Along with the technical and fundamental analysis of Cameco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cameco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1547 | |||
| Jensen Alpha | 0.4097 | |||
| Total Risk Alpha | 0.1043 | |||
| Sortino Ratio | 0.1745 | |||
| Treynor Ratio | 0.5636 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cameco Corp. If investors know Cameco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cameco Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.12 | Earnings Share 0.18 | Revenue Per Share 6.435 | Quarterly Revenue Growth 0.253 |
The market value of Cameco Corp is measured differently than its book value, which is the value of Cameco that is recorded on the company's balance sheet. Investors also form their own opinion of Cameco Corp's value that differs from its market value or its book value, called intrinsic value, which is Cameco Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cameco Corp's market value can be influenced by many factors that don't directly affect Cameco Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.