Cameco Corp Stock Alpha and Beta Analysis
| CCJ Stock | USD 50.30 0.23 0.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cameco Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cameco Corp over a specified time horizon. Remember, high Cameco Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cameco Corp's market risk premium analysis include:
Beta 0.57 | Alpha (0.12) | Risk 3.22 | Sharpe Ratio (0) | Expected Return (0.01) |
Cameco Corp Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cameco |
Cameco Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cameco Corp market risk premium is the additional return an investor will receive from holding Cameco Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cameco Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cameco Corp's performance over market.| α | -0.12 | β | 0.57 |
Cameco Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cameco Corp's Buy-and-hold return. Our buy-and-hold chart shows how Cameco Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cameco Corp Market Price Analysis
Market price analysis 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 understating and applying Cameco Corp stock market price indicators, traders can identify Cameco Corp position entry and exit signals to maximize returns.
Cameco Corp Return and Market Media
The median price of Cameco Corp for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 53.49 with a coefficient of variation of 6.16. The daily time series for the period is distributed with a sample standard deviation of 3.33, arithmetic mean of 54.09, and mean deviation of 2.7. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Cameco Reaches New 1-Year High Time to Buy | 12/04/2024 |
| Cameco Corp dividend paid on 13th of December 2024 | 12/13/2024 |
2 | Use a Long Iron Condor to Potentially Profit from Camecos Chaos | 12/18/2024 |
3 | Cameco Ascends While Market Falls Some Facts to Note | 01/02/2025 |
4 | Kazakhstan Uranium Halt Shakes Market, Boosts Global Prices | 01/06/2025 |
5 | Eagle Plains Partner Refined Energy Identifies Uranium Targets at Dufferin West Uranium Property, Saskatchewan | 01/07/2025 |
6 | Is Cameco Corporation the Best Uranium Stock to Invest In Now | 01/08/2025 |
7 | Cameco Corporations CA3.3b market value fall may be overlooked by institutional investors after a year of 3.9 percent returns | 01/13/2025 |
8 | Cameco Surpasses Market Returns Some Facts Worth Knowing | 01/14/2025 |
9 | Trudeau calls Poilievre to say if he stands with Canada, or Danielle Smith and Donald Trump | 01/16/2025 |
10 | Why SMR and CCJ Are Advancing Today | 01/17/2025 |
11 | Worries spurred by Chinese AI chatbot DeepSeek sink Cameco, TransAlta shares by double-digits - Yahoo Canada Finance | 01/27/2025 |
About Cameco Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cameco or other stocks. Alpha measures the amount that position in Cameco Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.00417 | 0.002097 | 0.002411 | 0.002291 | Price To Sales Ratio | 6.66 | 9.6 | 8.64 | 9.07 |
Cameco Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Cameco Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cameco Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cameco Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cameco Corp. Please utilize our Beneish M Score to check the likelihood of Cameco Corp's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Cameco Corp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Cameco Corp Backtesting, Cameco Corp Valuation, Cameco Corp Correlation, Cameco Corp Hype Analysis, Cameco Corp Volatility, Cameco Corp History and analyze Cameco Corp Performance. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.