Western Copper Stock Forecast - Relative Strength Index
| WRN Stock | CAD 4.68 0.21 4.70% |
Western Stock Forecast is based on your current time horizon. Although Western Copper's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Western Copper's systematic risk associated with finding meaningful patterns of Western Copper fundamentals over time.
As of today the relative strength momentum indicator of Western Copper's share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
EPS Estimate Next Quarter (0.01) | EPS Estimate Current Year (0.03) | EPS Estimate Next Year (0.04) | Wall Street Target Price 6.1 |
Using Western Copper hype-based prediction, you can estimate the value of Western Copper and from the perspective of Western Copper response to recently generated media hype and the effects of current headlines on its competitors.
Western Copper after-hype prediction price | CAD 4.7 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Western |
Western Copper Additional Predictive Modules
Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Check Western Copper Volatility | Backtest Western Copper | Information Ratio |
Western Copper Trading Date Momentum
| On January 12 2026 Western Copper and was traded for 4.68 at the closing time. The maximum traded price for the trading interval was 4.88 and the lowest daily price was 4.58 . The daily volume was recorded at 745.3 K. The volume of trading on 12th of January 2026 had no short-term effect on price fluctuation. The trading price change to the closing price today is 2.14% . |
| Compare Western Copper to competition |
Other Forecasting Options for Western Copper
For every potential investor in Western, whether a beginner or expert, Western Copper's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Western Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Western. Basic forecasting techniques help filter out the noise by identifying Western Copper's price trends.Western Copper Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Copper stock to make a market-neutral strategy. Peer analysis of Western Copper could also be used in its relative valuation, which is a method of valuing Western Copper by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Western Copper Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Western Copper's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Western Copper's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Western Copper Market Strength Events
Market strength indicators help investors to evaluate how Western Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Copper shares will generate the highest return on investment. By undertsting and applying Western Copper stock market strength indicators, traders can identify Western Copper and entry and exit signals to maximize returns.
| Accumulation Distribution | 45814.8 | |||
| Daily Balance Of Power | 0.7 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 4.73 | |||
| Day Typical Price | 4.71 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.21 |
Western Copper Risk Indicators
The analysis of Western Copper's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Western Copper's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting western stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.04 | |||
| Semi Deviation | 3.66 | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.18 | |||
| Downside Variance | 17.0 | |||
| Semi Variance | 13.41 | |||
| Expected Short fall | (3.37) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Western Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Western Stock
| 0.95 | AG | First Majestic Silver | PairCorr |
| 0.68 | IE | Ivanhoe Energy | PairCorr |
| 0.95 | ORE | Orezone Gold Corp | PairCorr |
| 0.64 | FDR | Flinders Resources | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
Moving against Western Stock
| 0.63 | T | Telus Corp | PairCorr |
| 0.49 | CVE | Cenovus Energy | PairCorr |
| 0.48 | AML | Argus Metals Corp | PairCorr |
| 0.48 | ENB | Enbridge | PairCorr |
| 0.38 | INFM | Infinico Metals Corp | PairCorr |
The ability to find closely correlated positions to Western Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Copper and to buy it.
The correlation of Western Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Western Copper to cross-verify your projections. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.