CCJ vs FLR: Correlation
Cameco Corporation (CCJ) and Fluor Corporation (FLR) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCJ and FLR?
Over the past 3 years, CCJ and FLR moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 995.6 %².
By 3-year correlation, FLR places #10 of the 15 assets tracked against CCJ. The trailing year gives CCJ the advantage: +41.5% versus +31.6%, a 9.9-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CCJ vs FLR: side by side
| CCJ (Cameco Corporation) | FLR (Fluor Corporation) | |
|---|---|---|
| 1-year return | +41.5% | +31.6% |
| 5-year return | +501.7% | +231.5% |
| Volatility (ann.) | 44.1% | 41.3% |
| Beta vs S&P 500 | 1.33 | 1.17 |
| Max drawdown (3Y) | -40.0% | -47.6% |
| Market cap | $46.3B | $7.2B |
| P/E (trailing) | 183.3 | – |
| Dividend yield | 0.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCJ | FLR |
|---|---|---|
| 2022 | +4.3% | +39.9% |
| 2023 | +90.5% | +13.0% |
| 2024 | +19.5% | +25.9% |
| 2025 | +78.4% | -19.6% |
| 2026 | +16.2% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCJ and FLR good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CCJ and FLR?
As of 2026-08-27, the correlation of weekly returns between CCJ and FLR is 0.55 over 3 years, 0.50 over 1 year and 0.48 over 5 years.
Is FLR a good diversifier for CCJ?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ccj-vs-flr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccj-vs-flr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCJ correlations · FLR correlations
