METC vs UUUU: Correlation
Measured on weekly returns over the past three years, Ramaco Resources, Inc. (METC) and Energy Fuels Inc (UUUU) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are METC and UUUU?
Over the past 3 years, METC and UUUU moved with a correlation of 0.47, which is moderate. The past 12 months show a tighter link (0.58) than the 3-year average (0.47). Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 2850.9 %².
Within METC's tracked universe of 13 assets, UUUU comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UUUU ahead by 83.2 points (-45.1% versus +38.1%).
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.
METC vs UUUU: side by side
| METC (Ramaco Resources, Inc.) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | -45.1% | +38.1% |
| 5-year return | +83.2% | +207.4% |
| Volatility (ann.) | 86.1% | 70.3% |
| Beta vs S&P 500 | 1.13 | 1.46 |
| Max drawdown (3Y) | -83.7% | -61.5% |
| Market cap | $0.9B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | METC | UUUU |
|---|---|---|
| 2022 | -33.0% | -18.6% |
| 2023 | +105.9% | +15.8% |
| 2024 | -37.9% | -28.7% |
| 2025 | +77.9% | +183.4% |
| 2026 | -22.7% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are METC and UUUU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between METC and UUUU?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.58 over the last year and 0.35 over 5 years.
Is UUUU a good diversifier for METC?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/metc-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/metc-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: METC correlations · UUUU correlations
