Cameco Corp Stock Price on July 8, 2024

CCO Stock  CAD 74.29  0.38  0.51%   
Below is the normalized historical share price chart for Cameco Corp extending back to July 04, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cameco Corp stands at 74.29, as last reported on the 21st of January, with the highest price reaching 75.07 and the lowest price hitting 73.85 during the day.
200 Day MA
68.8419
50 Day MA
77.4402
Beta
0.886
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cameco Stock, it is important to understand the factors that can impact its price. As of now, Cameco Stock is very steady. Cameco Corp secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Cameco Corp, which you can use to evaluate the volatility of the firm. Please confirm Cameco Corp's Mean Deviation of 1.78, risk adjusted performance of (0.0007), and Standard Deviation of 2.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.0158%.
  
At this time, Cameco Corp's Stock Based Compensation is very stable compared to the past year. As of the 21st of January 2025, Issuance Of Capital Stock is likely to grow to about 1.2 B, while Total Stockholder Equity is likely to drop about 3.9 B. . At this time, Cameco Corp's Price Fair Value is very stable compared to the past year. Cameco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.007

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Estimated Market Risk

 2.26
  actual daily
20
80% 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.
Price Book
5.2064
Enterprise Value Ebitda
56.7823
Price Sales
11.5617
Shares Float
434 M
Dividend Share
0.12

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Cameco Corp Valuation on July 8, 2024

It is possible to determine the worth of Cameco Corp on a given historical date. On July 8, 2024 Cameco was worth 67.82 at the beginning of the trading date compared to the closed value of 66.39. 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
  68.90    68.93    66.86    67.93    978,642  
07/08/2024
  67.82    67.85    65.75    66.39    1,846,147  
  66.26    67.99    65.91    66.74    1,953,431  
Backtest Cameco Corp  |  Cameco Corp History  |  Cameco Corp Valuation   PreviousNext  
Open Value
67.82
66.39
Closing Value
74.60
Upside

Cameco Corp Trading Date Momentum on July 8, 2024

On July 09 2024 Cameco Corp was traded for  66.74  at the closing time. The maximum traded price for the trading interval was 67.99  and the lowest daily price was  65.91 . The daily volume was recorded at 2 M. The volume of trading on 9th of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.53% . The overall trading delta to the closing price today is 0.81% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding500.7 M403.3 M
Net Income Applicable To Common Shares80.4 M84.5 M

Cameco Corp Quarterly Net Working Capital

990.26 Million

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

Low
January 21, 2025
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High

 0.00 

     

 0.00 

Cameco Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 21, 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 board of governors.
To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.