Cameco Corp Ownership
| CCO Stock | CAD 77.22 0.06 0.08% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 436 M | Current Value 435.5 M | Avarage Shares Outstanding 374.8 M | Quarterly Volatility 34.9 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Cameco |
Cameco Stock Ownership Analysis
About 77.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.94. Cameco Corp last dividend was issued on the 27th of November 2024. The entity had 2:1 split on the 15th of February 2006. The company operates in two segments, Uranium and Fuel Services. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. CAMECO CORP operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. It employs 1885 people. For more info on Cameco Corp please contact Timothy Gitzel at 306 956 6200 or go to https://www.cameco.com.Cameco Corp Outstanding Bonds
Cameco Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cameco Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cameco bonds can be classified according to their maturity, which is the date when Cameco Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Cameco Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cameco Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cameco Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Cameco Stock
Moving against Cameco Stock
| 0.72 | MFC-PC | Manulife Finl Srs | PairCorr |
| 0.61 | SLF-PC | Sun Life Financial | PairCorr |
| 0.6 | SLF-PD | Sun Life Financial | PairCorr |
| 0.58 | SAGE | Sage Potash Corp | PairCorr |
| 0.39 | SLF-PG | Sun Life Non | PairCorr |
The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cameco Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cameco Corp to buy it.
The correlation of Cameco Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cameco Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.