CAMECO (Germany) Market Value
| CJ6 Stock | EUR 67.74 2.19 3.34% |
| Symbol | CAMECO |
CAMECO 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CAMECO's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CAMECO.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in CAMECO on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding CAMECO or generate 0.0% return on investment in CAMECO over 90 days. CAMECO is related to or competes with Iridium Communications, CHAMPION IRON, Citic Telecom, MAANSHAN IRON, Schnitzer Steel, and STEEL DYNAMICS. More
CAMECO Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CAMECO's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CAMECO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.2916 | |||
| Maximum Drawdown | 14.45 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 5.89 |
CAMECO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAMECO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAMECO's standard deviation. In reality, there are many statistical measures that can use CAMECO historical prices to predict the future CAMECO's volatility.| Risk Adjusted Performance | 0.3237 | |||
| Jensen Alpha | 0.9281 | |||
| Total Risk Alpha | 0.5786 | |||
| Sortino Ratio | 0.3742 | |||
| Treynor Ratio | 2.03 |
CAMECO Backtested Returns
CAMECO is very steady given 3 months investment horizon. CAMECO secures Sharpe Ratio (or Efficiency) of 0.37, which signifies that the company had a 0.37 % return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use CAMECO Coefficient Of Variation of 294.72, semi deviation of 1.69, and Mean Deviation of 2.35 to evaluate company specific risk that cannot be diversified away. CAMECO holds a performance score of 29 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CAMECO's returns are expected to increase less than the market. However, during the bear market, the loss of holding CAMECO is expected to be smaller as well. Use CAMECO coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to analyze future returns on CAMECO.
Auto-correlation | 0.81 |
Very good predictability
CAMECO has very good predictability. Overlapping area represents the amount of predictability between CAMECO time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CAMECO price movement. The serial correlation of 0.81 indicates that around 81.0% of current CAMECO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 11.77 |
CAMECO lagged returns against current returns
Autocorrelation, which is CAMECO stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CAMECO's stock expected returns. We can calculate the autocorrelation of CAMECO returns to help us make a trade decision. For example, suppose you find that CAMECO has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CAMECO regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CAMECO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAMECO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAMECO stock over time.
Current vs Lagged Prices |
| Timeline |
CAMECO Lagged Returns
When evaluating CAMECO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAMECO stock have on its future price. CAMECO autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CAMECO autocorrelation shows the relationship between CAMECO stock current value and its past values and can show if there is a momentum factor associated with investing in CAMECO.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CAMECO Stock
CAMECO financial ratios help investors to determine whether CAMECO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CAMECO with respect to the benefits of owning CAMECO security.