Cameco Corp Stock Price on October 11, 2024

CCJ Stock  USD 60.11  0.82  1.35%   
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 60.11, as last reported on the 25th of November, with the highest price reaching 60.52 and the lowest price hitting 58.64 during the day.
IPO Date
14th of March 1996
200 Day MA
47.4814
50 Day MA
51.658
Beta
0.886
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.22, which signifies that the company had a 0.22% 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 0.6% is justified by implied risk. Please makes use of Cameco Corp's Downside Deviation of 2.2, risk adjusted performance of 0.1859, and Mean Deviation of 2.07 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 47.79. Cameco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2213

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Cameco Corp is performing at about 17% 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
5.8896
Enterprise Value Ebitda
63.9665
Price Sales
9.3549
Shares Float
434 M
Dividend Share
0.12

Cameco Corp Valuation on October 11, 2024

It is possible to determine the worth of Cameco Corp on a given historical date. On October 11, 2024 Cameco was worth 49.89 at the beginning of the trading date compared to the closed value of 51.35. 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
  50.18    50.68    49.91    50.49    2,304,142  
10/11/2024
  49.89    51.61    49.89    51.35    2,628,428  
  51.35    52.16    51.03    51.88    3,247,237  
Backtest Cameco Corp  |  Cameco Corp History  |  Cameco Corp Valuation   PreviousNext  
Open Value
49.89
51.35
Closing Value
58.04
Upside

Cameco Corp Trading Date Momentum on October 11, 2024

On October 14 2024 Cameco Corp was traded for  51.88  at the closing time. Highest Cameco Corp's price during the trading hours was 52.16  and the lowest price during the day was  51.03 . The net volume was 3.2 M. The overall trading history on the 14th of October 2024 contributed to the next trading period price surge. The overall trading delta to the next next day price was 1.03% . The overall trading delta to current price is 13.92% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding435.4 M403.3 M
Net Income Applicable To Common Shares80.4 M138.5 M

Cameco Corp Quarterly Net Working Capital

990.26 Million

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.
A focus of Cameco Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cameco Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cameco Corp Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cameco Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cameco Corp November 25, 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.
When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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
0.19
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.