Energy Fuels Inc. (UUUU) — Stock Correlations & Overview
Over the past year, UUUU has moved most closely with URNJ, URNM, URAA. Explore the stocks most correlated and inversely correlated with UUUU below, along with its price, financials, and company profile.
Stocks correlated with UUUU
Correlation of daily returns. Higher positive values move with UUUU; negative values move opposite it. Informational only, not investment advice.
Most correlated with UUUU
| Symbol | Company | Correlation |
|---|---|---|
| URNJ | Sprott Junior Uranium Miners ETF | 0.86 |
| URNM | Sprott Uranium Miners ETF | 0.85 |
| URAA | Direxion Daily Uranium Industry Bull 2X ETF | 0.84 |
| NLR | VanEck Uranium and Nuclear ETF | 0.84 |
| URA | Global X Uranium ETF | 0.83 |
Most inversely correlated with UUUU
| Symbol | Company | Correlation |
|---|---|---|
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.56 |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | -0.51 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.49 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.49 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.48 |
Frequently asked questions about UUUU correlations
- Which stocks are most correlated with UUUU?
- Based on one year of daily returns, the stocks most correlated with Energy Fuels Inc. (UUUU) are URNJ (0.86), URNM (0.85) and URAA (0.84). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with UUUU?
- Over the past year, the stocks most inversely correlated with Energy Fuels Inc. (UUUU) are RGTZ (-0.56), QBTZ (-0.51) and JDST (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these UUUU correlations calculated?
- We compute the correlation of daily returns between UUUU and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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