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:
0.18
NXE:
-0.20
CCJ:
0.56
NXE:
0.09
CCJ:
1.07
NXE:
1.01
CCJ:
0.24
NXE:
-0.26
CCJ:
0.54
NXE:
-0.53
CCJ:
14.66%
NXE:
19.67%
CCJ:
44.25%
NXE:
53.42%
CCJ:
-87.87%
NXE:
-82.98%
CCJ:
-15.55%
NXE:
-22.64%
Fundamentals
CCJ:
$22.57B
NXE:
$3.89B
CCJ:
$0.18
NXE:
$0.21
CCJ:
286.83
NXE:
32.71
CCJ:
3.33
NXE:
0.00
CCJ:
$1.95B
NXE:
$0.00
CCJ:
$523.76M
NXE:
-$1.08M
CCJ:
$433.12M
NXE:
-$12.39M
Returns By Period
In the year-to-date period, CCJ achieves a 0.47% return, which is significantly lower than NXE's 4.09% return.
CCJ
0.47%
-2.42%
10.94%
10.09%
42.79%
14.99%
NXE
4.09%
-1.58%
4.73%
-10.89%
40.28%
N/A
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Risk-Adjusted Performance
CCJ vs. NXE — Risk-Adjusted Performance Rank
CCJ
NXE
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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cameco Corporation | 0.22% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% |
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
The current volatility for Cameco Corporation (CCJ) is 10.83%, while NexGen Energy Ltd. (NXE) has a volatility of 13.97%. This indicates that CCJ experiences smaller price fluctuations and is considered to be less risky than NXE based on this measure. 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