PNG.V vs. CCO.TO
PNG.V (Kraken Robotics Inc) and CCO.TO (Cameco Corporation) are both stocks. PNG.V operates in Scientific & Technical Instruments (Technology), while CCO.TO operates in Uranium (Energy). Over the past 10 years, PNG.V returned 42.03%/yr vs 26.75%/yr for CCO.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
PNG.V vs. CCO.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PNG.V achieves a 14.84% return, which is significantly lower than CCO.TO's 16.89% return. Over the past 10 years, PNG.V has outperformed CCO.TO with an annualized return of 42.03%, while CCO.TO has yielded a comparatively lower 26.75% annualized return.
PNG.V
- 1D
- -2.78%
- 1M
- 5.60%
- YTD
- 14.84%
- 6M
- 18.17%
- 1Y
- 156.99%
- 3Y*
- 141.78%
- 5Y*
- 62.94%
- 10Y*
- 42.03%
CCO.TO
- 1D
- 1.96%
- 1M
- -8.17%
- YTD
- 16.89%
- 6M
- 16.59%
- 1Y
- 77.90%
- 3Y*
- 53.26%
- 5Y*
- 41.88%
- 10Y*
- 26.75%
PNG.V vs. CCO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNG.V Kraken Robotics Inc | 14.84% | 132.73% | 323.08% | 14.04% | 52.00% | -34.21% | -5.00% | 62.16% | 111.43% | 34.62% |
CCO.TO Cameco Corporation | 16.89% | 70.37% | 29.62% | 86.52% | 11.71% | 62.18% | 48.65% | -24.97% | 34.00% | -14.67% |
Correlation
The correlation between PNG.V and CCO.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.10 |
Over the past year, PNG.V and CCO.TO have become more correlated (0.35) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
PNG.V:
CA$2.26B
CCO.TO:
CA$64.00B
PNG.V:
-CA$0.00
CCO.TO:
CA$1.49
PNG.V:
20.23
CCO.TO:
18.08
PNG.V:
9.54
CCO.TO:
9.06
PNG.V:
CA$107.79M
CCO.TO:
CA$3.54B
PNG.V:
CA$62.68M
CCO.TO:
CA$1.13B
PNG.V:
CA$12.49M
CCO.TO:
CA$818.74M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PNG.V vs. CCO.TO — Risk / Return Rank
PNG.V
CCO.TO
PNG.V vs. CCO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraken Robotics Inc (PNG.V) and Cameco Corporation (CCO.TO). 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.
| PNG.V | CCO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.26 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.74 | 3.15 | +1.59 |
| Martin ratioReturn relative to average drawdown | 10.71 | 7.12 | +3.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PNG.V | CCO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 1.44 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.88 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.60 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.17 | +0.02 |
Drawdowns
PNG.V vs. CCO.TO - Drawdown Comparison
The maximum PNG.V drawdown since its inception was -83.33%, roughly equal to the maximum CCO.TO drawdown of -83.63%. Use the drawdown chart below to compare losses from any high point for PNG.V and CCO.TO.
Loading charts...
Drawdown Indicators
| PNG.V | CCO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.33% | -83.63% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -33.33% | -24.86% | -8.47% |
Max Drawdown (3Y)Largest decline over 3 years | -33.33% | -39.52% | +6.19% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -39.52% | -16.63% |
Max Drawdown (10Y)Largest decline over 10 years | -71.21% | -52.84% | -18.37% |
Current DrawdownCurrent decline from peak | -28.15% | -19.13% | -9.02% |
Average DrawdownAverage peak-to-trough decline | -38.67% | -48.39% | +9.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.71% | 10.98% | +3.73% |
Volatility
PNG.V vs. CCO.TO - Volatility Comparison
Kraken Robotics Inc (PNG.V) has a higher volatility of 23.37% compared to Cameco Corporation (CCO.TO) at 15.64%. This indicates that PNG.V's price experiences larger fluctuations and is considered to be riskier than CCO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PNG.V | CCO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.37% | 15.64% | +7.73% |
Volatility (6M)Calculated over the trailing 6-month period | 50.26% | 37.81% | +12.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.53% | 54.65% | +14.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.54% | 47.90% | +10.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.22% | 45.04% | +24.18% |
Dividends
PNG.V vs. CCO.TO - Dividend Comparison
PNG.V has not paid dividends to shareholders, while CCO.TO's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCO.TO Cameco Corporation | 0.16% | 0.19% | 0.22% | 0.21% | 0.39% | 0.29% | 0.47% | 0.69% | 0.52% | 3.45% | 2.85% | 2.34% |
PNG.V Kraken Robotics Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PNG.V vs. CCO.TO - Financials Comparison
This section allows you to compare key financial metrics between Kraken Robotics Inc and Cameco Corporation. 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
PNG.V vs. CCO.TO - Profitability Comparison
PNG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.35M and revenue of 21.71M. Therefore, the gross margin over that period was 43.1%.
CCO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a gross profit of 290.25M and revenue of 845.37M. Therefore, the gross margin over that period was 34.3%.
PNG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.71M, resulting in an operating margin of -5.5%.
CCO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported an operating income of 153.89M and revenue of 845.37M, resulting in an operating margin of 18.2%.
PNG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.71M, resulting in a net margin of -15.3%.
CCO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a net income of 130.75M and revenue of 845.37M, resulting in a net margin of 15.5%.
Frequently Asked Questions
PNG.V and CCO.TO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for PNG.V and CCO.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer