SKE vs. CCJ
SKE (Skeena Resources Ltd) and CCJ (Cameco Corporation) are both stocks. SKE operates in Other Industrial Metals & Mining (Basic Materials), while CCJ operates in Uranium (Energy). Over the past 5 years, SKE returned 15.06%/yr vs 37.49%/yr for CCJ. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
SKE vs. CCJ - Performance Comparison
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Returns By Period
In the year-to-date period, SKE achieves a 12.01% return, which is significantly higher than CCJ's -5.59% return.
SKE
- 1D
- -2.85%
- 1M
- -7.39%
- 6M
- -7.10%
- YTD
- 12.01%
- 1Y
- 84.84%
- 3Y*
- 73.83%
- 5Y*
- 15.06%
- 10Y*
- —
- ALL TIME*
- 71.50%
CCJ
- 1D
- -2.10%
- 1M
- -10.52%
- 6M
- -29.99%
- YTD
- -5.59%
- 1Y
- 18.67%
- 3Y*
- 36.00%
- 5Y*
- 37.49%
- 10Y*
- 25.91%
- ALL TIME*
- 9.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $353.80M | $350.26M | $354.16M | |
| $13.48M | $15.79M | $22.68M |
SKE vs. CCJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SKE Skeena Resources Ltd | 12.01% | 172.13% | 78.69% | -8.27% | -48.99% | -4.14% | 428.16% | 134.09% | -59.87% | 878.93% |
CCJ Cameco Corporation | -5.59% | 78.38% | 19.47% | 90.49% | 4.35% | 63.19% | 51.47% | -21.08% | 23.58% | -5.46% |
Correlation
The correlation between SKE and CCJ is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.24 |
Over the past year, SKE and CCJ have become more correlated (0.48) than their long-term average of 0.24, meaning their price movements have been converging.
Fundamentals
SKE:
$3.30B
CCJ:
$37.62B
SKE:
-CA$2.10
CCJ:
CA$1.49
SKE:
25.06
CCJ:
7.44
SKE:
CA$0.00
CCJ:
CA$3.54B
SKE:
-CA$1.29M
CCJ:
CA$1.04B
SKE:
-CA$109.58M
CCJ:
CA$996.66M
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Return for Risk
SKE vs. CCJ — Risk / Return Rank
SKE
CCJ
SKE vs. CCJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skeena Resources Ltd (SKE) and Cameco Corporation (CCJ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SKE | CCJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.10 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 0.42 | +2.15 |
| Martin ratioReturn relative to average drawdown | 5.33 | 0.98 | +4.35 |
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Drawdowns
SKE vs. CCJ - Drawdown Comparison
The maximum SKE drawdown since its inception was -75.69%, smaller than the maximum CCJ drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for SKE and CCJ.
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Drawdown Indicators
| SKE | CCJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.69% | -87.53% | +11.84% |
Max Drawdown (1Y)Largest decline over 1 year | -34.71% | -36.93% | +2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -36.09% | -40.01% | +3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -75.69% | -40.01% | -35.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.22% | — |
Current DrawdownCurrent decline from peak | -30.27% | -35.58% | +5.31% |
Average DrawdownAverage peak-to-trough decline | -34.29% | -46.00% | +11.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.72% | 15.91% | +0.81% |
Volatility
SKE vs. CCJ - Volatility Comparison
Skeena Resources Ltd (SKE) has a higher volatility of 19.54% compared to Cameco Corporation (CCJ) at 11.91%. This indicates that SKE's price experiences larger fluctuations and is considered to be riskier than CCJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKE | CCJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.54% | 11.91% | +7.63% |
Volatility (6M)Calculated over the trailing 6-month period | 46.62% | 39.28% | +7.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.82% | 55.93% | +5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.55% | 49.93% | +8.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 383.94% | 46.76% | +337.18% |
Dividends
SKE vs. CCJ - Dividend Comparison
SKE has not paid dividends to shareholders, while CCJ's dividend yield for the trailing twelve months is around 0.20%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.20% | 0.19% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 4.33% | 3.82% | 3.24% |
SKE Skeena Resources 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% |
Financials
SKE vs. CCJ - Financials Comparison
This section allows you to compare key financial metrics between Skeena Resources Ltd 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
Frequently Asked Questions
SKE and CCJ have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKE has higher volatility (19.54%) compared to CCJ (11.91%). In terms of maximum drawdown, SKE dropped -75.69% vs CCJ's -87.53%.
SKE currently has the higher Sharpe Ratio (1.44 vs 0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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