Cameco Corp Stock Price Up 4.51 percent on Jan 17 - GuruFocus.com
| CCO Stock | CAD 71.87 0.96 1.32% |
About 62% of Cameco Corp's investor base is looking to short. The analysis of overall sentiment of trading Cameco Corp stock suggests that many investors are alarmed at this time. Cameco Corp's investing sentiment overview a quick insight into current market opportunities from investing in Cameco Corp. Many technical investors use Cameco Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cameco |
Cameco Corp Stock Price Up 4.51 percent on Jan 17 GuruFocus.com
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Cameco Corp Fundamental Analysis
We analyze Cameco Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cameco Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cameco Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Cameco Corp is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Cameco Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cameco Corp stock to make a market-neutral strategy. Peer analysis of Cameco Corp could also be used in its relative valuation, which is a method of valuing Cameco Corp by comparing valuation metrics with similar companies.
Peers
Cameco Corp Related Equities
| ABX | Barrick Gold | 0.96 |
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| AEM | Agnico Eagle | 1.21 |
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| K | Kinross Gold | 1.44 |
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| DML | Denison Mines | 3.27 |
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| FM | First Quantum | 4.76 |
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Check out Cameco Corp Hype Analysis, Cameco Corp Correlation and Cameco Corp Performance. To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.