Cameco Corp Stock Price Prediction
| CCJ Stock | USD 60.93 3.32 5.76% |
Oversold Vs Overbought
56
Oversold | Overbought |
Quarterly Earnings Growth (0.95) | EPS Estimate Next Quarter 0.27 | EPS Estimate Current Year 0.5721 | EPS Estimate Next Year 2.1356 | Wall Street Target Price 84.7076 |
Using Cameco Corp hype-based prediction, you can estimate the value of Cameco Corp from the perspective of Cameco Corp response to recently generated media hype and the effects of current headlines on its competitors.
Cameco Corp Hype to Price Pattern
Investor biases related to Cameco Corp's public news can be used to forecast risks associated with an investment in Cameco. The trend in average sentiment can be used to explain how an investor holding Cameco can time the market purely based on public headlines and social activities around Cameco Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Cameco Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Cameco Corp.
The fear of missing out, i.e., FOMO, can cause potential investors in Cameco Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Cameco because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cameco Corp after-hype prediction price | USD 60.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Cameco |
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 After-Hype Price Prediction Density Analysis
As far as predicting the price of Cameco Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cameco Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cameco Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cameco Corp Estimiated After-Hype Price Volatility
In the context of predicting Cameco Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cameco Corp's historical news coverage. Cameco Corp's after-hype downside and upside margins for the prediction period are 57.48 and 62.92, respectively. We have considered Cameco Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cameco Corp is very steady at this time. Analysis and calculation of next after-hype price of Cameco Corp is based on 3 months time horizon.
Cameco Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cameco Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cameco Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cameco Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.62 | 2.74 | 0.75 | 0.00 | 10 Events / Month | 4 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
60.93 | 60.20 | 1.20 |
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Cameco Corp Hype Timeline
On the 22nd of November Cameco Corp is traded for 60.93. The entity has historical hype elasticity of -0.75, and average elasticity to hype of competition of 0.0. Cameco is forecasted to decline in value after the next headline, with the price expected to drop to 60.2. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -1.2%, whereas the daily expected return is currently at 0.62%. The volatility of related hype on Cameco Corp is about 82200.0%, with the expected price after the next announcement by competition of 60.93. About 75.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 116.1. Cameco Corp last dividend was issued on the 27th of November 2024. The entity had 2:1 split on the 23rd of February 2006. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out Cameco Corp Basic Forecasting Models to cross-verify your projections.Cameco Corp Related Hype Analysis
Having access to credible news sources related to Cameco Corp's direct competition is more important than ever and may enhance your ability to predict Cameco Corp's future price movements. Getting to know how Cameco Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cameco Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| UUUU | Energy Fuels | (0.07) | 8 per month | 3.40 | 0.13 | 7.07 | (5.35) | 22.36 | |
| NXE | NexGen Energy | (0.18) | 7 per month | 2.28 | 0.14 | 6.94 | (4.56) | 19.63 | |
| UEC | Uranium Energy Corp | 0.18 | 11 per month | 3.21 | 0.16 | 11.59 | (5.58) | 22.80 | |
| URG | Ur Energy | 0.02 | 6 per month | 2.46 | 0.1 | 6.40 | (4.32) | 19.23 | |
| DNN | Denison Mines Corp | 0.03 | 9 per month | 2.53 | 0.14 | 6.96 | (4.46) | 22.38 | |
| EU | enCore Energy Corp | 0.04 | 10 per month | 3.31 | 0.05 | 6.31 | (4.62) | 23.30 |
Cameco Corp Additional Predictive Modules
Most predictive techniques to examine Cameco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cameco using various technical indicators. When you analyze Cameco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
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| Volume Indicators |
About Cameco Corp Predictive Indicators
The successful prediction of Cameco Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cameco Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cameco Corp based on analysis of Cameco Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cameco Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cameco Corp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002904 | 0.004169 | 0.002106 | 0.002001 | Price To Sales Ratio | 7.43 | 6.66 | 9.56 | 5.63 |
Story Coverage note for Cameco Corp
The number of cover stories for Cameco Corp depends on current market conditions and Cameco Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cameco Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cameco Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Cameco Corp Short Properties
Cameco Corp's future price predictability will typically decrease when Cameco Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cameco Corp often depends not only on the future outlook of the potential Cameco Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cameco Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 435.4 M | |
| Cash And Short Term Investments | 566.8 M |
Check out Cameco Corp Basic Forecasting Models to cross-verify your projections. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.