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Cameco 12-1 Month Momentum %

: 25.04% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-08-12), Cameco's 12-1 Month Momentum % is 25.04%.

The industry rank for Cameco's 12-1 Month Momentum % or its related term are showing as below:

CCJ's 12-1 Month Momentum % is ranked better than
53.29% of 167 companies
in the Other Energy Sources industry
Industry Median: 27.05 vs CCJ: 25.04

Competitive Comparison

For the Uranium subindustry, Cameco's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cameco 12-1 Month Momentum % Distribution

For the Other Energy Sources industry and Energy sector, Cameco's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Cameco's 12-1 Month Momentum % falls into.

Cameco  (NYSE:CCJ) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cameco  (NYSE:CCJ) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Cameco 12-1 Month Momentum % Related Terms

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Cameco Business Description

Cameco logo
Traded in Other Exchanges
2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3
Cameco is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.

Cameco Headlines

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