Co-movers

daily closes · 499dMethod

Moved together

SMRwithLEU

×0.61co-movement · LEU on SMR · 499d

r 0.68scale to r 0.75

Shared co-movers5with SMRwith LEU

OKLOOklo Inc.r 0.80r 0.66

LTBRLightbridge Corpr 0.61r 0.61

NNENano Nuclear Energy Inc.r 0.73r 0.59

UECUranium Energy Corpr 0.57r 0.56

INFQInfleqtion, Inc.r 0.58r 0.54

SMR, solidLEU, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

SMR compared with LEU: revenue, margins and what each company keeps, and the suppliers and customers both name