Cameco Corp Stock Price on January 10, 2025

CCJ Stock  USD 51.38  0.20  0.39%   
If you're considering investing in Cameco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cameco Corp stands at 51.38, as last reported on the 10th of January, with the highest price reaching 51.62 and the lowest price hitting 49.55 during the day. Cameco Corp is very steady at the moment. Cameco Corp secures Sharpe Ratio (or Efficiency) of 0.0078, which signifies that the company had a 0.0078% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cameco Corp, which you can use to evaluate the volatility of the firm. Please confirm Cameco Corp's Downside Deviation of 2.37, risk adjusted performance of 0.0131, and Mean Deviation of 1.9 to double-check if the risk estimate we provide is consistent with the expected return of 0.0201%.
  
Cameco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0078

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Estimated Market Risk

 2.59
  actual daily
23
77% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cameco Corp is not performing at its full potential. However, 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 Cameco Corp to a well-diversified portfolio.

Cameco Corp Valuation on January 10, 2025

It is possible to determine the worth of Cameco Corp on a given historical date. On January 10, 2025 Cameco was worth 51.62 at the beginning of the trading date compared to the closed value of 51.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cameco Corp stock. Still, in general, we apply an absolute valuation method to find Cameco Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cameco Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cameco Corp's related companies.
 Open High Low Close Volume
  51.62    51.62    49.55    51.38    5,200,954  
01/10/2025
  51.62    51.62    49.55    51.38    0.00  
Backtest Cameco Corp  |  Cameco Corp History  |  Cameco Corp Valuation   Previous
Open Value
51.62
51.38
Closing Value
59.39
Upside

Cameco Corp Trading Date Momentum on January 10, 2025

On January 10 2025 Cameco Corp was traded for  51.38  at the closing time. Highest Cameco Corp's price during the trading hours was 51.62  and the lowest price during the day was  49.55 . There was no trading activity during the period 0.0. Lack of trading volume on the 10th of January did not affect price variability. The overall trading delta to current price is 0.47% .

Cameco Corp Fundamentals Correlations and Trends

By evaluating Cameco Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cameco Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cameco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cameco Corp Stock history

Cameco Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cameco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cameco Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cameco Corp stock prices may prove useful in developing a viable investing in Cameco Corp
It operates through two segments, Uranium and Fuel Services. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. Cameco Corp is traded on New York Stock Exchange in the United States.

Cameco Corp Stock Technical Analysis

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.
A focus of Cameco Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cameco Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cameco Corp Period Price Range

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January 10, 2025
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Cameco Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cameco Corp January 10, 2025 Market Strength

Market strength 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 undertsting and applying Cameco Corp stock market strength indicators, traders can identify Cameco Corp entry and exit signals to maximize returns

Cameco Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cameco Corp's price direction in advance. Along with the technical and fundamental analysis of Cameco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cameco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 main economic indicators.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.
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.