DNN vs UUUU: Correlation
Measured on weekly returns over the past three years, Denison Mines Corp (DNN) and Energy Fuels Inc (UUUU) carry a correlation of 0.81, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DNN and UUUU?
On 3 years of weekly data the DNN/UUUU correlation comes out at 0.81, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.79) sits close to the 3-year figure. The 5-year figure is 0.85, and annualized covariance runs at 3177.3 %².
Within DNN's tracked universe of 19 assets, UUUU comes in at #4 by 3-year correlation. The last year tells two different stories: DNN led by 31.0 percentage points, +69.1% for DNN against +38.1% for UUUU.
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.
DNN vs UUUU: side by side
| DNN (Denison Mines Corp) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | +69.1% | +38.1% |
| 5-year return | +211.0% | +207.4% |
| Volatility (ann.) | 55.6% | 70.3% |
| Beta vs S&P 500 | 1.35 | 1.46 |
| Max drawdown (3Y) | -52.5% | -61.5% |
| Market cap | $3.3B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DNN | UUUU |
|---|---|---|
| 2022 | -16.1% | -18.6% |
| 2023 | +53.9% | +15.8% |
| 2024 | +1.7% | -28.7% |
| 2025 | +47.8% | +183.4% |
| 2026 | +38.0% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DNN and UUUU good diversifiers for each other?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between DNN and UUUU?
As of 2026-08-27, the correlation of weekly returns between DNN and UUUU is 0.81 over 3 years, 0.79 over 1 year and 0.85 over 5 years.
Is UUUU a good diversifier for DNN?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.81 mean?
A reading of 0.81 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dnn-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dnn-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DNN correlations · UUUU correlations
