Western Copper And Stock Price Patterns

WRN Stock  USD 3.19  0.66  17.14%   
The relative strength momentum indicator of Western Copper's stock price is about 68. This entails that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Western, making its price go up or down.

Momentum 68

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Western Copper's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Western Copper and, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Western Copper's stock price prediction:
EPS Estimate Next Quarter
(0.01)
EPS Estimate Current Year
(0.02)
EPS Estimate Next Year
(0.03)
Wall Street Target Price
4.875
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.
The fear of missing out, i.e., FOMO, can cause potential investors in Western Copper to buy its stock at a price that has no basis in reality. In that case, they are not buying Western because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Western Copper after-hype prediction price

    
  USD 3.85  
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.
Check out Western Copper Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.173.417.43
Details
Naive
Forecast
LowNextHigh
0.083.967.99
Details
6 Analysts
Consensus
LowTargetHigh
4.444.885.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.007-0.007-0.007
Details

Western Copper After-Hype Price Density Analysis

As far as predicting the price of Western Copper at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Western Copper or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Western Copper, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Western Copper Estimiated After-Hype Price Volatility

In the context of predicting Western Copper's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Copper's historical news coverage. Western Copper's after-hype downside and upside margins for the prediction period are 0.19 and 7.87, respectively. We have considered Western Copper's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.19
3.85
After-hype Price
7.87
Upside
Western Copper is unstable at this time. Analysis and calculation of next after-hype price of Western Copper is based on 3 months time horizon.

Western Copper Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Western Copper is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Copper backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Western Copper, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.84 
4.65
  0.08 
  0.11 
8 Events / Month
5 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.19
3.85
0.00 
4,650  
Notes

Western Copper Hype Timeline

On the 30th of January Western Copper is traded for 3.19. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of 0.11. Western is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.84%. %. The volatility of related hype on Western Copper is about 3444.44%, with the expected price after the next announcement by competition of 3.30. About 14.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 0.01. Western Copper had not issued any dividends in recent years. The entity had 10:1 split on the 9th of August 2004. Considering the 90-day investment horizon the next projected press release will be in about 8 days.
Check out Western Copper Basic Forecasting Models to cross-verify your projections.

Western Copper Related Hype Analysis

Having access to credible news sources related to Western Copper's direct competition is more important than ever and may enhance your ability to predict Western Copper's future price movements. Getting to know how Western Copper's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Western Copper may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EMXEMX Royalty Corp 0.07 9 per month 3.32  0.09  6.54 (5.45) 14.90 
NMGNouveau Monde Graphite 0.06 10 per month 0.00 (0.01) 6.94 (7.51) 29.51 
LZMLifezone Metals Limited(0.18)7 per month 3.53  0.04  7.99 (5.63) 16.60 
ABATAmerican Battery Technology(0.14)7 per month 0.00 (0.04) 10.78 (9.87) 35.69 
NBNioCorp Developments Ltd 0.23 10 per month 0.00 (0.04) 9.52 (11.51) 26.34 
NEWPNew Pacific Metals 0.36 8 per month 3.45  0.20  11.08 (6.84) 24.59 
IONRioneer Ltd American 0.21 2 per month 4.49  0.04  8.75 (7.02) 19.58 
ZEUSOlympic Steel 1.02 8 per month 1.73  0.20  4.56 (3.87) 28.75 
HDSNHudson Technologies(0.28)9 per month 0.00 (0.12) 2.86 (4.19) 24.01 
ADURAduro Clean Technologies 0.00 0 per month 4.05  0.01  12.11 (6.79) 24.03 

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.

About Western Copper Predictive Indicators

The successful prediction of Western Copper stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Western Copper and, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Western Copper based on analysis of Western Copper hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Western Copper's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Copper's related companies.
 2023 2024 2025 2026 (projected)
PB Ratio2.011.51.721.63
Capex To Depreciation96.1888.02101.2396.16

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

  0.92DC Dakota Gold CorpPairCorr

Moving against Western Stock

  0.88GEO Empire Metals LimitedPairCorr
  0.53IMI Infinity MiningPairCorr
  0.49ADC Acdc MetalsPairCorr
  0.31CVW CVW CleanTechPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Western Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Copper And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Copper And Stock:
Check out Western Copper Basic Forecasting Models to cross-verify your projections.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Will Diversified Metals & Mining sector continue expanding? Could Western diversify its offerings? Factors like these will boost the valuation of Western Copper. Anticipated expansion of Western directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Western Copper data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
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Return On Assets
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Return On Equity
(0.02)
Understanding Western Copper requires distinguishing between market price and book value, where the latter reflects Western's accounting equity. The concept of intrinsic value—what Western Copper's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Western Copper's price substantially above or below its fundamental value.
Please note, there is a significant difference between Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Western Copper's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.