WRN vs. FMST
WRN (Western Copper and Gold Corporation) and FMST (Foremost Lithium Resource & Technology Ltd. Common stock) are both stocks. Both are in the Basic Materials sector — WRN in Other Industrial Metals & Mining, FMST in Chemicals. Over the past year, WRN returned 70.00% vs -43.44% for FMST. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
WRN vs. FMST - Performance Comparison
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Returns By Period
In the year-to-date period, WRN achieves a -23.60% return, which is significantly higher than FMST's -34.91% return.
WRN
- 1D
- -3.32%
- 1M
- -11.30%
- 6M
- -36.05%
- YTD
- -23.60%
- 1Y
- 70.00%
- 3Y*
- 9.83%
- 5Y*
- 1.01%
- 10Y*
- 8.40%
- ALL TIME*
- 1.24%
FMST
- 1D
- -4.17%
- 1M
- -8.61%
- 6M
- -27.75%
- YTD
- -34.91%
- 1Y
- -43.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -7.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $265.34K | $335.49K | $215.67K | |
| $2.74M | $3.40M | $4.85M |
WRN vs. FMST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRN Western Copper and Gold Corporation | -23.60% | 159.22% |
FMST Foremost Lithium Resource & Technology Ltd. Common stock | -34.91% | 37.66% |
Correlation
The correlation between WRN and FMST is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | 0.22 |
The correlation between WRN and FMST shifts across timeframes, from 0.22 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WRN:
$460.29M
FMST:
$17.18M
WRN:
-CA$0.02
FMST:
-CA$0.50
WRN:
2.15
FMST:
0.79
WRN:
CA$0.00
FMST:
CA$0.00
WRN:
-CA$113.39K
FMST:
CA$0.00
WRN:
-CA$8.21M
FMST:
-CA$6.08M
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Return for Risk
WRN vs. FMST — Risk / Return Rank
WRN
FMST
WRN vs. FMST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Copper and Gold Corporation (WRN) and Foremost Lithium Resource & Technology Ltd. Common stock (FMST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WRN | FMST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.97 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.69 | +2.01 |
| Martin ratioReturn relative to average drawdown | 2.61 | -1.01 | +3.62 |
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Drawdowns
WRN vs. FMST - Drawdown Comparison
The maximum WRN drawdown since its inception was -95.24%, which is greater than FMST's maximum drawdown of -74.63%. Use the drawdown chart below to compare losses from any high point for WRN and FMST.
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Drawdown Indicators
| WRN | FMST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.24% | -74.63% | -20.61% |
Max Drawdown (1Y)Largest decline over 1 year | -50.12% | -68.02% | +17.90% |
Max Drawdown (3Y)Largest decline over 3 years | -50.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.12% | — | — |
Current DrawdownCurrent decline from peak | -51.90% | -74.54% | +22.64% |
Average DrawdownAverage peak-to-trough decline | -64.28% | -50.74% | -13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.27% | 46.52% | -21.25% |
Volatility
WRN vs. FMST - Volatility Comparison
The current volatility for Western Copper and Gold Corporation (WRN) is 14.57%, while Foremost Lithium Resource & Technology Ltd. Common stock (FMST) has a volatility of 34.12%. This indicates that WRN experiences smaller price fluctuations and is considered to be less risky than FMST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRN | FMST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.57% | 34.12% | -19.55% |
Volatility (6M)Calculated over the trailing 6-month period | 53.48% | 64.41% | -10.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.62% | 97.03% | -28.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.89% | 119.01% | -62.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.76% | 119.01% | -57.25% |
Dividends
WRN vs. FMST - Dividend Comparison
Neither WRN nor FMST has paid dividends to shareholders.
Financials
WRN vs. FMST - Financials Comparison
This section allows you to compare key financial metrics between Western Copper and Gold Corporation and Foremost Lithium Resource & Technology Ltd. Common stock. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
WRN and FMST have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMST has higher volatility (34.12%) compared to WRN (14.57%). In terms of maximum drawdown, WRN dropped -95.24% vs FMST's -74.63%.
WRN currently has the higher Sharpe Ratio (0.96 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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