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

Signal:                
                   
              [ What are these? | Switch to COPX's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 1.42%.   Win rate: 74.47%.   Sharpe Ratio: -3.284.   Maximum drawdown: -68.76% on 20 January 2016.
Mean CAGR: 111.45%. Time in market: 9813 days.   Hypothetical return: $1000 would be worth $356.97 on 05 July 2024.
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 47 signal(s) occurring before 08 July 2024 for a 7.5% profit target: (74.47% * 8.67%) + (10.64% * 1.54%) - (14.89% * 34.91%) = 1.42%.
Wins: 35 Breakevens: 5 Losses: 7

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.

 

50 day low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 50 day 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, Score and Sector Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
24 June 2026  bubble_chart   smart_toyLOW (51)    front_loaderLOW   50 Day Low $ 76.34 schedule schedule schedule schedule schedule
19 March 2026  bubble_chart   smart_toyLOW (58)    front_loaderLOW   50 Day Low $ 71.00 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 select_check_box electric_boltelectric_boltelectric_bolt
03 April 2025   smart_toyLOW (62)     sirenFIRE SALE 50 Day 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
03 February 2025   smart_toyLOW (49)     50 Day Low $ 37.79 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 select_check_box electric_bolt
16 December 2024   smart_toyLOW (51)     50 Day Low $ 40.47 select_check_box select_check_box electric_bolt select_check_box select_check_box select_check_box electric_bolt
19 July 2024   smart_toyLOW (23)     50 Day Low $ 43.12 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
14 June 2024   smart_toyLOW (34)     50 Day Low $ 44.20 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
31 October 2023   smart_toyLOW (62)     50 Day Low $ 33.12 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
26 September 2023   smart_toyLOW (21)     50 Day Low $ 35.88 select_check_box select_check_box electric_bolt select_check_box select_check_box select_check_box electric_bolt
16 August 2023   smart_toyLOW (26)     50 Day Low $ 36.24 select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box select_check_box electric_bolt
31 May 2023   smart_toyLOW (54)     50 Day Low $ 34.66 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 select_check_box electric_boltelectric_bolt
15 March 2023   smart_toyLOW (74)     50 Day Low $ 35.10 select_check_box electric_boltelectric_bolt 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
22 June 2022  bubble_chart   smart_toyMEDIUM (87)     50 Day Low $ 33.28 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
25 April 2022  bubble_chart   smart_toyLOW (66)     50 Day Low $ 39.97 select_check_box select_check_box select_check_box select_check_box select_check_box
20 July 2021  bubble_chart   smart_toyLOW (42)     50 Day Low $ 33.92 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 select_check_box electric_bolt
20 July 2021  bubble_chart   smart_toyLOW (42)     50 Day Low $ 31.58 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 select_check_box electric_bolt
17 June 2021  bubble_chart   smart_toyLOW (32)     50 Day Low $ 35.58 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
17 June 2021  bubble_chart   smart_toyLOW (32)     50 Day Low $ 32.97 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
06 March 2020   smart_toyMEDIUM (81)     sirenFIRE SALE 50 Day Low $ 13.83 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
31 January 2020   smart_toyLOW (65)     50 Day Low $ 16.09 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
02 August 2019   smart_toyLOW (45)     50 Day Low $ 16.30 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
02 May 2019   smart_toyLOW (32)     50 Day Low $ 18.77 select_check_box select_check_box select_check_box select_check_box select_check_box
20 December 2018  bubble_chart   smart_toyHIGH (94)     50 Day 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  bubble_chart   smart_toyLOW (63)     50 Day Low $ 17.63 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
14 August 2018  bubble_chart   smart_toyLOW (42)     50 Day Low $ 19.27 select_check_box select_check_box select_check_box select_check_box select_check_box
11 July 2018  bubble_chart   smart_toyLOW (16)     50 Day Low $ 20.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 May 2018  bubble_chart   smart_toyLOW (15)     50 Day Low $ 22.34 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default
05 December 2017  bubble_chart   smart_toyLOW (62)     50 Day Low $ 20.76 select_check_box electric_boltelectric_bolt 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
20 June 2017  bubble_chart   smart_toyLOW (60)     50 Day Low $ 16.84 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_boltelectric_bolt
18 April 2017  bubble_chart   smart_toyMEDIUM (86)     50 Day Low $ 18.43 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
27 June 2016   smart_toyHIGH (92)     50 Day Low $ 12.31 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 select_check_box electric_boltelectric_boltelectric_bolt
08 January 2016   smart_toyHIGH (91)     sirenFIRE SALE 50 Day 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   smart_toyMEDIUM (81)     50 Day 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   smart_toyMEDIUM (82)     50 Day 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
03 August 2015   smart_toyLOW (42)     50 Day Low $ 14.07 select_check_box select_check_box select_check_box select_check_box select_check_box
26 June 2015   smart_toyLOW (10)     50 Day Low $ 18.03 select_check_box select_check_box select_check_box select_check_box select_check_box
14 January 2015   smart_toyLOW (76)     50 Day 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   smart_toyLOW (32)     50 Day Low $ 19.33 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
07 October 2014   smart_toyLOW (28)     50 Day Low $ 21.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
02 September 2014   smart_toyLOW (14)     50 Day Low $ 25.00 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 March 2014   smart_toyLOW (52)     50 Day Low $ 21.73 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
13 November 2013   smart_toyLOW (38)     50 Day Low $ 22.85 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
12 June 2013   smart_toyLOW (46)     50 Day Low $ 24.20 select_check_box select_check_box select_check_box select_check_box select_check_box
26 March 2013   smart_toyLOW (18)     50 Day Low $ 28.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 February 2013   smart_toyLOW (17)     50 Day Low $ 30.76 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
28 June 2012   smart_toyLOW (78)     50 Day Low $ 25.30 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
04 May 2012   smart_toyLOW (37)     50 Day Low $ 31.03 select_check_box select_check_box select_check_box select_check_box disabled_by_default
28 March 2012   smart_toyLOW (23)     50 Day Low $ 32.89 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 September 2011  bubble_chart   smart_toyLOW (79)     50 Day Low $ 33.29 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
04 August 2011  bubble_chart   smart_toyLOW (21)     50 Day Low $ 38.32 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 June 2011  bubble_chart   smart_toyLOW (26)     50 Day Low $ 40.25 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
23 February 2011  bubble_chart   smart_toyLOW (45)     50 Day Low $ 41.39 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 disabled_by_default
01 July 2010   smart_toyHIGH (93)     50 Day Low $ 23.03 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 select_check_box electric_boltelectric_boltelectric_bolt

 

The data for Global X Copper Miners (exchange: ARCX symbol: COPX) was last updated 16 Jul 2026 03:30. Data for this ETF is available from 20 Apr 2010 - 15 Jul 2026.