BASIC NOTES

Uranium Companies

There are very few pure uranium companies. Most companies, especially the small exploration type, are active in more than the uranium industry. This blog makes no attempt to guage the percentage of a companies activity that are related to the finding, mining or processing of uraniun. They all do, however, have some uranium activities (to the best of our review).

Merv's Uranium Indices

I have developed two Uranium Indices. They each have the same component stocks but are calculated using different methodologies. My weekly Index is based upon the average weekly performance of the component stocks. My daily Index is based upon the daily average of the component stocks open, high, low and close prices along with the daily average volume of all component stocks.

Click on the chart or table to enlage the view.



24 February 2008

Market Vectors Nuclear Energy ETF

There are several blogs and/or web sites that develop and publish their own uranium Indices and provide a variety of comments. Each has their own good and bad points (except my own, of course). There are, however, a couple of more professional sites that those interested in the uranium (and nuclear) industry should find beneficial.

There is a relatively new Nuclear Energy Exchange Traded Fund called the Market Vectors Nuclear Energy ETF, ticker symbol is NLR and it is traded on the AMEX. As I get enough historical trading data it will probably be included in my Index, although that would not be for some time. I have included a link to this ETF in my link section. The ETF is based upon the DAXglobal® Nuclear Energy Index. Details of this Index can be found in the ETF web site.

Another Index Re: the nuclear industry is the WNA Nuclear Energy Index. Details can be found by going to the links section of this web site.

I will be following these Indices and seeing how their daily action compares with mine. It could be that at some time in the future, when sufficient historical data is available for these Indices, that my daily commentary may shift to these Indices rather than my own, but we’ll see.

3 comments:

Anonymous said...

Merv,

Thanks for the efforts you put in.

Much appreciated.

What is the reasoning to switch over to Market Vectors NCLR?

Space Fission said...

What a coincidence!!

http://djysrv.blogspot.com/2008/02/energy-indexs-chart-nuclear-industry.html

Anonymous said...

Anonymous,

I haven't "switched" to Market Vectors but based upon market value and market activity it might be reasonable to include it in my Index when historical data is sufficient.

djysrv,

Nuke Notes is now in the Uranium Links. Good blog.