CCJ vs MIR: Correlation
Measured on weekly returns over the past three years, Cameco Corporation (CCJ) and Mirion Technologies, Inc. (MIR) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCJ and MIR?
Over the past 3 years, CCJ and MIR moved with a correlation of 0.58, which is moderate. The relationship has been stable: the 1-year correlation (0.65) sits close to the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 1049.9 %².
Within CCJ's tracked universe of 15 assets, MIR comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CCJ outperformed by 68.8 percentage points (+41.5% for CCJ against -27.3% for MIR).
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 MIR: side by side
| CCJ (Cameco Corporation) | MIR (Mirion Technologies, Inc.) | |
|---|---|---|
| 1-year return | +41.5% | -27.3% |
| 5-year return | +501.7% | +49.5% |
| Volatility (ann.) | 44.1% | 41.2% |
| Beta vs S&P 500 | 1.33 | 1.53 |
| Max drawdown (3Y) | -40.0% | -51.0% |
| Market cap | $46.3B | $3.7B |
| P/E (trailing) | 183.3 | 165.0 |
| Dividend yield | 0.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCJ | MIR |
|---|---|---|
| 2022 | +4.3% | -36.9% |
| 2023 | +90.5% | +55.1% |
| 2024 | +19.5% | +70.2% |
| 2025 | +78.4% | +34.2% |
| 2026 | +16.2% | -36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCJ and MIR good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CCJ and MIR?
As of 2026-08-27, the correlation of weekly returns between CCJ and MIR is 0.58 over 3 years, 0.65 over 1 year and 0.45 over 5 years.
Is MIR a good diversifier for CCJ?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ccj-vs-mir.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccj-vs-mir/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCJ correlations · MIR correlations
