Aggregated price index with volume information
- Uranium-Radium-Vanadium Ore Mining stocks down 6.1% on average while median return down 6.3% in a day
- Uranium-Radium-Vanadium Ore Mining stocks down 0.3% on average while median return down 0.8% in a week
- Uranium-Radium-Vanadium Ore Mining stocks up 16.7% on average while median return up 16.2% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
- 1M winners are : Winners for past month are $UEC 17.8%, $URG 16.7%
- 1M losers are : Losers for past month are
- 1W winners are : Winners for past week are $DNN 1.2%, $UUUU 0.5%
- 1W losers are : Losers for past week are $CCJ -0.9%, $URG -1.9%
Index correlation analysis
Correlation for the past month is 82.8%, for the past 3 months is 76.5%
In the past month for a 5 days rolling window, the highest corrrelation is 93.8%, the lowest correlation is 36.9%, the latest correlation is 93.8%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 90.9% between UEC and URG
The lowest correlation is 77.5% between CCJ and URG
Centrus Energy Corp. (LEU) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
In a striking contrast of fortunes in the Exchange-Traded Fund (ETF) market on Friday, the Uranium ETF outperformed its peers, while the ARK Genomic Revolution ETF struggled.
In the latest trading session, Energy Fuels (UUUU) closed at $7.89, marking a -1.62% move from the previous day.
Energy Fuels (UUUU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Energy Fuels (UUUU) closed the most recent trading day at $8.02, moving -1.96% from the previous trading session.
Navigating the Thin Line Between Value and Trap in Energy Fuels (UUUU)
A Comprehensive Analysis of Its Intrinsic Worth and Future Prospects
It's been a bumper week for uranium stocks, with shares of Uranium Energy (NYSEMKT: UEC) and NexGen Energy (NYSE: NXE) clocking some of the biggest gains in the industry. While Uranium Energy stock surged 19.1% at its highest point in trading during the week through noon Friday, shares of NexGen Energy jumped 16.3% at its highest, according to data provided by S&P Global Market Intelligence. Uranium prices just hit levels not seen in 12 years, and investors don't want to miss the boom.
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Uranium prices have surged to their highest level in 12 years, underlining a global renaissance in nuclear power as utilities race to lock in fuel supplies. Uranium demand has been lifted by governments from Washington to Seoul and Paris seeking energy independence by extending the lifetime of the existing fleet of nuclear reactors as they contemplate building new plants after gas prices skyrocketed due to Russia’s full-scale invasion of Ukraine. The milestone for uranium prices marks a big st...