Cameco Corp Stock Alpha and Beta Analysis
| CCO Stock | CAD 77.28 2.41 3.02% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cameco Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cameco Corp over a specified time horizon. Remember, high Cameco Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cameco Corp's market risk premium analysis include:
Beta 0.47 | Alpha 0.49 | Risk 2.52 | Sharpe Ratio 0.23 | Expected Return 0.57 |
Cameco Corp Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cameco |
Cameco Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cameco Corp market risk premium is the additional return an investor will receive from holding Cameco Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cameco Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cameco Corp's performance over market.| α | 0.49 | β | 0.47 |
Cameco Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cameco Corp's Buy-and-hold return. Our buy-and-hold chart shows how Cameco Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cameco Corp Market Price Analysis
Market price analysis 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 understating and applying Cameco Corp stock market price indicators, traders can identify Cameco Corp position entry and exit signals to maximize returns.
Cameco Corp Return and Market Media
The median price of Cameco Corp for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 is 74.54 with a coefficient of variation of 11.73. The daily time series for the period is distributed with a sample standard deviation of 8.58, arithmetic mean of 73.15, and mean deviation of 6.85. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Why Cameco Stock Popped 8 percent on Friday - sharewise | 09/20/2024 |
2 | Cameco Shares Gains 28.4 percent in a Month How Should You Play the Stock - Yahoo Finance | 10/16/2024 |
3 | Heres Why This Nuclear Energy Stock Soared in November - AOL | 12/06/2024 |
4 | Janus Henderson Group PLC Sells 114,727 Shares of Cameco Co. - MarketBeat | 12/11/2024 |
About Cameco Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cameco or other stocks. Alpha measures the amount that position in Cameco Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002903 | 0.00417 | 0.002097 | 0.001992 | Price To Sales Ratio | 7.44 | 6.66 | 9.6 | 10.08 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cameco Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cameco Corp's short interest history, or implied volatility extrapolated from Cameco Corp options trading.
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Check out Cameco Corp Backtesting, Cameco Corp Valuation, Cameco Corp Correlation, Cameco Corp Hype Analysis, Cameco Corp Volatility, Cameco Corp History and analyze Cameco Corp Performance. To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.