Cameco Corp Stock Volatility
| CCJ Stock | USD 118.09 2.59 2.15% |
Cameco Corp appears to be very steady, given 3 months investment horizon. Cameco Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cameco Corp, which you can use to evaluate the volatility of the firm. Please makes use of Cameco Corp's Risk Adjusted Performance of 0.1004, downside deviation of 3.61, and Mean Deviation of 2.64 to double-check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.1346
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Based on monthly moving average Cameco Corp is performing at about 10% 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.
Key indicators related to Cameco Corp's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Cameco Corp Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Cameco daily returns, and it is calculated using variance and standard deviation. We also use Cameco's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cameco Corp volatility.
ESG Sustainability
While most ESG disclosures are voluntary, Cameco Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cameco Corp's managers and investors.Environmental | Governance | Social |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Cameco Corp at lower prices. For example, an investor can purchase Cameco stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes. Main indicators related to Cameco Corp's market risk premium analysis include:
Beta 1.46 | Alpha 0.25 | Risk 3.43 | Sharpe Ratio 0.13 | Expected Return 0.46 |
Moving together with Cameco Stock
| 0.78 | E | Eni SpA ADR | PairCorr |
| 0.92 | EC | Ecopetrol SA ADR | PairCorr |
| 0.88 | SU | Suncor Energy Sell-off Trend | PairCorr |
| 0.81 | BPFG | BANPU PCL FGN | PairCorr |
| 0.8 | 1QR | IMPAX ENVIRONMTL MKTS | PairCorr |
| 0.82 | EQNR | Equinor ASA ADR | PairCorr |
| 0.79 | EU | enCore Energy Corp | PairCorr |
| 0.75 | PYA | Wayside Technology | PairCorr |
| 0.88 | SU | Suncor Energy | PairCorr |
| 0.87 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.99 | DNN | Denison Mines Corp | PairCorr |
| 0.89 | PYCP | Minera Alamos Split | PairCorr |
| 0.72 | EPM | Eclipse Metals | PairCorr |
| 0.82 | VP3 | VIETNAM ENTERPRISE INV | PairCorr |
| 0.99 | CCO | Cameco Corp Earnings Call This Week | PairCorr |
| 0.64 | LEU | Centrus Energy Corp | PairCorr |
Moving against Cameco Stock
Cameco Corp Market Sensitivity And Downside Risk
Cameco Corp's beta coefficient measures the volatility of Cameco stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Cameco stock's returns against your selected market. In other words, Cameco Corp's beta of 1.46 provides an investor with an approximation of how much risk Cameco Corp stock can potentially add to one of your existing portfolios. Cameco Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cameco Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cameco Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Cameco Corp Demand TrendCheck current 90 days Cameco Corp correlation with market (Dow Jones Industrial)Cameco Corp Volatility and Downside Risk
Cameco standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Using Cameco Put Option to Manage Risk
Put options written on Cameco Corp grant holders of the option the right to sell a specified amount of Cameco Corp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Cameco Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Cameco Corp's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Cameco Corp will be realized, the loss incurred will be offset by the profits made with the option trade.
Cameco Corp's PUT expiring on 2026-04-17
Profit |
| Cameco Corp Price At Expiration |
Current Cameco Corp Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | CCJ260417P00060000 | -0.012512 | 7.89E-4 | 5 | 2026-04-17 | 0.01 - 0.39 | 0.0 | View |
Put | CCJ260417P00065000 | -0.021097 | 0.001253 | 5 | 2026-04-17 | 0.18 - 0.53 | 0.0 | View |
Put | CCJ260417P00080000 | -0.060343 | 0.003342 | 2 | 2026-04-17 | 0.85 - 1.25 | 0.0 | View |
Put | CCJ260417P00095000 | -0.15353 | 0.007092 | 1 | 2026-04-17 | 2.54 - 3.55 | 0.0 | View |
Put | CCJ260417P00100000 | -0.198556 | 0.008513 | 3 | 2026-04-17 | 3.55 - 4.75 | 0.0 | View |
Put | CCJ260417P00105000 | -0.252883 | 0.009734 | 2 | 2026-04-17 | 4.95 - 6.25 | 0.0 | View |
Put | CCJ260417P00110000 | -0.305016 | 0.011401 | 80 | 2026-04-17 | 6.35 - 7.2 | 0.0 | View |
Cameco Corp Stock Volatility Analysis
Volatility refers to the frequency at which Cameco Corp stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cameco Corp's price changes. Investors will then calculate the volatility of Cameco Corp's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Cameco Corp's volatility:
Historical Volatility
This type of stock volatility measures Cameco Corp's fluctuations based on previous trends. It's commonly used to predict Cameco Corp's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Cameco Corp's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Cameco Corp's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Cameco Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Cameco Corp Projected Return Density Against Market
Considering the 90-day investment horizon the stock has the beta coefficient of 1.4625 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cameco Corp will likely underperform.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cameco Corp or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cameco Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cameco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Predicted Return Density |
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What Drives a Cameco Corp Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Cameco Corp Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Cameco Corp is 742.81. The daily returns are distributed with a variance of 11.76 and standard deviation of 3.43. The mean deviation of Cameco Corp is currently at 2.66. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 3.43 | |
Ir | Information ratio | 0.09 |
Cameco Corp Stock Return Volatility
Cameco Corp historical daily return volatility represents how much of Cameco Corp stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 3.4291% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.8099% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Cameco Stock performing well and Cameco Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cameco Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMO | 1.51 | 0.37 | 0.16 | 0.82 | 1.58 | 3.60 | 8.06 | |||
| OXY | 1.51 | 0.19 | 0.07 | 1.73 | 1.56 | 3.16 | 8.97 | |||
| OKE | 1.28 | 0.41 | 0.20 | 23.36 | 1.23 | 2.69 | 7.19 | |||
| LNG | 0.95 | 0.06 | (0.02) | 0.65 | 1.08 | 1.95 | 4.89 | |||
| SU | 1.13 | 0.50 | 0.34 | 4.25 | 0.68 | 2.77 | 7.59 | |||
| FANG | 1.57 | 0.28 | 0.11 | 149.28 | 1.64 | 3.36 | 8.37 | |||
| BKR | 1.45 | 0.31 | 0.15 | 0.41 | 1.50 | 4.04 | 8.14 | |||
| TRP | 0.93 | 0.29 | 0.22 | 2.66 | 0.63 | 2.24 | 5.93 | |||
| MPLX | 0.82 | 0.17 | 0.07 | (4.69) | 0.84 | 1.72 | 4.74 | |||
| ET | 0.84 | 0.19 | 0.11 | (2.47) | 0.61 | 2.20 | 4.31 |
About Cameco Corp Volatility
Volatility is a rate at which the price of Cameco Corp or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Cameco Corp may increase or decrease. In other words, similar to Cameco's beta indicator, it measures the risk of Cameco Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cameco Corp fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 22.3 M | 17.5 M | |
| Market Cap | 22.4 B | 23.5 B |
Cameco Corp's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Cameco Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cameco Corp's price varies over time.
3 ways to utilize Cameco Corp's volatility to invest better
Higher Cameco Corp's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cameco Corp stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Cameco Corp stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Cameco Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Cameco Corp's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Cameco Corp's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Cameco Corp Investment Opportunity
Cameco Corp has a volatility of 3.43 and is 4.23 times more volatile than Dow Jones Industrial. 30 percent of all equities and portfolios are less risky than Cameco Corp. You can use Cameco Corp to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Cameco Corp to be traded at $113.37 in 90 days.Poor diversification
The correlation between Cameco Corp and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cameco Corp and DJI in the same portfolio, assuming nothing else is changed.
Cameco Corp Additional Risk Indicators
The analysis of Cameco Corp's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Cameco Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Cameco Corp stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1004 | |||
| Market Risk Adjusted Performance | 0.2714 | |||
| Mean Deviation | 2.64 | |||
| Semi Deviation | 3.26 | |||
| Downside Deviation | 3.61 | |||
| Coefficient Of Variation | 864.46 | |||
| Standard Deviation | 3.39 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Cameco Corp Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Cameco Corp as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Cameco Corp's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Cameco Corp's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Cameco Corp.
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 services. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
What growth prospects exist in Oil, Gas & Consumable Fuels sector? Can Cameco capture new markets? Factors like these will boost the valuation of Cameco Corp. Projected growth potential of Cameco fundamentally drives upward valuation adjustments. Valuation analysis balances hard financial data with qualitative growth assessments. While each Cameco Corp valuation metric matters, prioritizing which indicators carry greater predictive weight remains essential.
Quarterly Earnings Growth 8.214 | Dividend Share 0.16 | Earnings Share 0.94 | Revenue Per Share | Quarterly Revenue Growth (0.15) |
Understanding Cameco Corp requires distinguishing between market price and book value, where the latter reflects Cameco's accounting equity. The concept of intrinsic value - what Cameco Corp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push Cameco Corp's price substantially above or below its fundamental value.
It's important to distinguish between Cameco Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cameco Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cameco Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.