Aggregated price index with volume information
Summary:
- Uranium-Radium-Vanadium Ore Mining stocks down 1.1% on average while median return down 1.0% in a day
- Uranium-Radium-Vanadium Ore Mining stocks down 3.5% on average while median return down 3.8% in a week
- Uranium-Radium-Vanadium Ore Mining stocks down 0.9% on average while median return down -0.6% 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 $CCJ 16.2%, $DNN 1.0%
- 1M losers are : Losers for past month are $UEC -3.1%, $UUUU -11.0%
- 1W winners are : Winners for past week are $CCJ 0.7%
- 1W losers are : Losers for past week are $URG -5.3%, $UUUU -6.9%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 71.9%, for the past 3 months is 76.3%
In the past month for a 5 days rolling window, the highest corrrelation is 94.8%, the lowest correlation is 5.4%, the latest correlation is 15.0%
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 86.4% between CCJ and UEC
The lowest correlation is 57.7% between URG and UUUU
Cameco's (CCJ) first-quarter results are likely to reflect gains from higher sales volumes and average realized prices as well as contribution from the Westinghouse acquisition.
Air Products (APD) has currently installed a temporary hydrogen mobile fueler on-site to supply to customers.
Consolidated net sales of Sherwin-Williams (SHW) decline mainly due to a decrease in volumes in the Consumer Brands Group and the Performance Coatings Group in North America in Q1.
Cabot (CBT) and its partners will utilize this money to help the implementation of fuel cells, which generate electricity by emitting only water.
Based on the average brokerage recommendation (ABR), Uranium Energy (UEC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...
Lower sales volumes due to weaker demand hurt PPG Industries' (PPG) top line in the first quarter.
Cameco (CCJ) concluded the recent trading session at $48.17, signifying a -0.5% move from its prior day's close.
CF Industries (CF) looks forward to collaborating closely with JERA and other stakeholders in Japan.
In the latest trading session, Energy Fuels (UUUU) closed at $5.76, marking a -0.69% move from the previous day.