CCJ vs. NXE
Compare and contrast key facts about Cameco Corporation (CCJ) and NexGen Energy Ltd. (NXE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCJ or NXE.
Correlation
The correlation between CCJ and NXE is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CCJ vs. NXE - Performance Comparison
Key characteristics
CCJ:
0.47
NXE:
0.09
CCJ:
0.96
NXE:
0.52
CCJ:
1.12
NXE:
1.07
CCJ:
0.63
NXE:
0.12
CCJ:
1.50
NXE:
0.26
CCJ:
14.08%
NXE:
18.77%
CCJ:
44.52%
NXE:
53.72%
CCJ:
-87.87%
NXE:
-82.98%
CCJ:
-13.46%
NXE:
-21.40%
Fundamentals
CCJ:
$23.28B
NXE:
$4.18B
CCJ:
$0.18
NXE:
$0.21
CCJ:
296.78
NXE:
35.14
CCJ:
3.33
NXE:
0.00
CCJ:
$2.80B
NXE:
$0.00
CCJ:
$592.87M
NXE:
-$1.58M
CCJ:
$545.85M
NXE:
-$50.78M
Returns By Period
In the year-to-date period, CCJ achieves a 23.00% return, which is significantly higher than NXE's -0.29% return.
CCJ
23.00%
-7.74%
1.52%
24.24%
44.28%
13.91%
NXE
-0.29%
-17.59%
-1.83%
5.12%
41.86%
N/A
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Risk-Adjusted Performance
CCJ vs. NXE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and NexGen Energy Ltd. (NXE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CCJ vs. NXE - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.22%, while NXE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% | 1.85% |
NXE NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CCJ vs. NXE - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.87%, which is greater than NXE's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CCJ and NXE. For additional features, visit the drawdowns tool.
Volatility
CCJ vs. NXE - Volatility Comparison
Cameco Corporation (CCJ) and NexGen Energy Ltd. (NXE) have volatilities of 12.08% and 12.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CCJ vs. NXE - Financials Comparison
This section allows you to compare key financial metrics between Cameco Corporation and NexGen Energy Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities