WRN vs. MVST
WRN (Western Copper and Gold Corporation) and MVST (Microvast Holdings, Inc.) are both stocks. WRN operates in Other Industrial Metals & Mining (Basic Materials), while MVST operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, WRN returned 2.39%/yr vs -37.35%/yr for MVST. At a 0.13 correlation, their price movements are largely independent.
Performance
WRN vs. MVST - 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 MVST's -55.00% 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%
MVST
- 1D
- -2.33%
- 1M
- -13.70%
- YTD
- -55.00%
- 6M
- -58.69%
- 1Y
- -67.77%
- 3Y*
- -6.87%
- 5Y*
- -37.35%
- 10Y*
- —
WRN vs. MVST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WRN Western Copper and Gold Corporation | -12.73% | 154.29% | -21.05% | -25.28% | 14.10% | 26.83% | 50.00% | 43.86% |
MVST Microvast Holdings, Inc. | -55.00% | 35.27% | 47.86% | -8.50% | -72.97% | -66.90% | 71.69% | 2.15% |
Correlation
The correlation between WRN and MVST is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2019 | 0.13 |
Over the past year, WRN and MVST have become more correlated (0.34) than their long-term average of 0.13, meaning their price movements have been converging.
Fundamentals
WRN:
$492.23M
MVST:
$485.44M
WRN:
-CA$0.02
MVST:
-$0.27
WRN:
2.48
MVST:
1.04
WRN:
CA$0.00
MVST:
$371.64M
WRN:
-CA$113.39K
MVST:
$130.76M
WRN:
-CA$8.21M
MVST:
-$5.47M
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Return for Risk
WRN vs. MVST — Risk / Return Rank
WRN
MVST
WRN vs. MVST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Copper and Gold Corporation (WRN) and Microvast Holdings, Inc. (MVST). 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 | MVST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.88 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | -0.82 | +2.85 |
| Martin ratioReturn relative to average drawdown | 4.48 | -1.30 | +5.78 |
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Drawdowns
WRN vs. MVST - Drawdown Comparison
The maximum WRN drawdown since its inception was -95.24%, roughly equal to the maximum MVST drawdown of -99.34%. Use the drawdown chart below to compare losses from any high point for WRN and MVST.
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Drawdown Indicators
| WRN | MVST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.24% | -99.34% | +4.10% |
Max Drawdown (1Y)Largest decline over 1 year | -44.44% | -82.34% | +37.90% |
Max Drawdown (3Y)Largest decline over 3 years | -46.15% | -94.40% | +48.25% |
Max Drawdown (5Y)Largest decline over 5 years | -61.92% | -98.91% | +36.99% |
Max Drawdown (10Y)Largest decline over 10 years | -80.12% | — | — |
Current DrawdownCurrent decline from peak | -45.06% | -94.86% | +49.80% |
Average DrawdownAverage peak-to-trough decline | -64.36% | -63.40% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.05% | 52.20% | -32.15% |
Volatility
WRN vs. MVST - Volatility Comparison
The current volatility for Western Copper and Gold Corporation (WRN) is 23.05%, while Microvast Holdings, Inc. (MVST) has a volatility of 27.28%. This indicates that WRN experiences smaller price fluctuations and is considered to be less risky than MVST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRN | MVST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.05% | 27.28% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 56.63% | 78.11% | -21.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.89% | 94.97% | -27.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.02% | 187.99% | -130.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.03% | 159.65% | -97.62% |
Dividends
WRN vs. MVST - Dividend Comparison
Neither WRN nor MVST has paid dividends to shareholders.
Financials
WRN vs. MVST - Financials Comparison
This section allows you to compare key financial metrics between Western Copper and Gold Corporation and Microvast Holdings, Inc.. 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 MVST have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVST has higher volatility (27.28%) compared to WRN (23.05%). In terms of maximum drawdown, WRN dropped -95.24% vs MVST's -99.34%.
WRN currently has the higher Sharpe Ratio (1.33 vs -0.72), 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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