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 89.43% vs -57.53% for FMST. At a 0.23 correlation, their price movements are largely independent.
Performance
WRN vs. FMST - Performance Comparison
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Returns By Period
In the year-to-date period, WRN achieves a -12.73% return, which is significantly higher than FMST's -26.89% return.
WRN
- 1D
- -1.69%
- 1M
- -14.34%
- YTD
- -12.73%
- 6M
- -17.67%
- 1Y
- 89.43%
- 3Y*
- 14.55%
- 5Y*
- 2.39%
- 10Y*
- 12.05%
FMST
- 1D
- 0.65%
- 1M
- -4.32%
- YTD
- -26.89%
- 6M
- -37.50%
- 1Y
- -57.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRN vs. FMST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRN Western Copper and Gold Corporation | -12.73% | 159.22% |
FMST Foremost Lithium Resource & Technology Ltd. Common stock | -26.89% | 37.66% |
Correlation
The correlation between WRN and FMST is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | 0.23 |
The correlation between WRN and FMST shifts across timeframes, from 0.23 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
WRN:
$492.23M
FMST:
$22.25M
WRN:
-CA$0.02
FMST:
-CA$0.27
WRN:
2.48
FMST:
0.92
WRN:
CA$0.00
FMST:
CA$0.00
WRN:
-CA$113.39K
FMST:
CA$0.00
WRN:
-CA$8.21M
FMST:
-CA$3.43M
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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 | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.93 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | -0.87 | +2.89 |
| Martin ratioReturn relative to average drawdown | 4.48 | -1.33 | +5.81 |
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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 -73.43%. 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% | -73.43% | -21.81% |
Max Drawdown (1Y)Largest decline over 1 year | -44.44% | -66.51% | +22.07% |
Max Drawdown (3Y)Largest decline over 3 years | -46.15% | — | — |
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 | -45.06% | -71.40% | +26.34% |
Average DrawdownAverage peak-to-trough decline | -64.36% | -49.18% | -15.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.05% | 43.30% | -23.25% |
Volatility
WRN vs. FMST - Volatility Comparison
Western Copper and Gold Corporation (WRN) has a higher volatility of 23.05% compared to Foremost Lithium Resource & Technology Ltd. Common stock (FMST) at 21.06%. This indicates that WRN's price experiences larger fluctuations and is considered to be riskier 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 | 23.05% | 21.06% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 56.63% | 58.75% | -2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.89% | 96.56% | -28.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.02% | 120.12% | -63.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.03% | 120.12% | -58.09% |
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.
WRN has higher volatility (23.05%) compared to FMST (21.06%). In terms of maximum drawdown, WRN dropped -95.24% vs FMST's -73.43%.
WRN currently has the higher Sharpe Ratio (1.33 vs -0.60), 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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