Global X Copper Miners (COPX) Daily/Weekly Backtest Results

Buy indicator:                  
              [ What are these indicators? | Switch to COPX's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 5.41%.   Win rate: 78.95%.   Sharpe Ratio: -1.294.   Maximum drawdown: -62.33% on 20 January 2016.
Mean CAGR: 112.43%. Time in market: 3317 days.   Hypothetical return: $1000 would be worth $1302.94 on 21 November 2023.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Global Copper Miners

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 19 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (78.95% * 9.36%) + (10.53% * 1.00%) - (10.53% * 19.80%) = 5.41%.
Wins: 15 Breakevens: 2 Losses: 2

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

 

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 week low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
03 April 2025   MEDIUM   smart_toy0.833   52 Week Low $ 36.92 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
10 November 2023   MEDIUM   smart_toy0.634   52 Week Low $ 32.07 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
30 June 2022  bubble_chart   MEDIUM   smart_toy0.847   52 Week Low $ 30.38 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
23 June 2022  bubble_chart   MEDIUM   smart_toy0.98   52 Week Low $ 31.66 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
28 February 2020   LOW   smart_toy0.621   52 Week Low $ 14.12 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
05 August 2019   LOW   smart_toy0.198   52 Week Low $ 15.71 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
20 December 2018   HIGH   smart_toy0.575   52 Week Low $ 16.18 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
19 October 2018   LOW   smart_toy0.607   52 Week Low $ 17.63 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
05 September 2018   LOW   smart_toy0.392   52 Week Low $ 18.30 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box
02 August 2018   LOW   smart_toy0.203   52 Week Low $ 20.06 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 January 2016   HIGH   smart_toy0.909   FIRE SALE 52 Week Low $ 8.82 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
07 December 2015   HIGH   smart_toy0.385   52 Week Low $ 10.32 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
22 September 2015   MEDIUM   smart_toy0.799   FIRE SALE 52 Week Low $ 11.74 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
23 July 2015   LOW   smart_toy0.616   52 Week Low $ 15.27 select_check_box select_check_box select_check_box select_check_box select_check_box
14 January 2015   MEDIUM   smart_toy0.764   52 Week Low $ 16.03 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
01 December 2014   LOW   smart_toy0.473   52 Week Low $ 19.33 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
10 October 2014   LOW   smart_toy0.34   52 Week Low $ 20.73 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
12 June 2013   LOW   smart_toy0.476   52 Week Low $ 24.20 select_check_box select_check_box select_check_box select_check_box select_check_box
17 April 2013   LOW   smart_toy0.437   52 Week Low $ 24.63 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
21 September 2011   MEDIUM   smart_toy0.588   52 Week Low $ 30.95 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt

 

The data for Global X Copper Miners (exchange: ARCX symbol: COPX) was last updated 15 May 2026 23:40. Data for this ETF is available from 20 Apr 2010 - 15 May 2026.