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:           Threshold:         [ What are these scores? ]
Expectancy: 1.25%.   Win rate: 73.91%.   Sharpe Ratio: -3.261.   Maximum drawdown: -68.76% on 20 January 2016.
Mean CAGR: 107.35%. Time in market: 9792 days.   Hypothetical return: $1000 would be worth $326.80 on 13 March 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 46 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (73.91% * 8.65%) + (10.87% * 1.54%) - (15.22% * 34.91%) = 1.25%.
Wins: 34 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 and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
19 March 2026  bubble_chart   MEDIUM   smart_toy0.869  factory0.687   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   MEDIUM   smart_toy0.833  factory0.608   FIRE 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   MEDIUM   smart_toy0.497  factory0.279   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   MEDIUM   smart_toy0.417  factory0.233   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   MEDIUM   smart_toy0.449  factory0.192   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   MEDIUM   smart_toy0.848  factory0.199   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   MEDIUM   smart_toy0.593  factory0.615   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   MEDIUM   smart_toy0.209  factory0.475   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   MEDIUM   smart_toy0.491  factory0.274   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   MEDIUM   smart_toy0.833  factory0.3   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   MEDIUM   smart_toy0.427  factory0.364   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   MEDIUM   smart_toy0.837  factory0.892   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   MEDIUM   smart_toy0.445  factory0.346   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   LOW   smart_toy0.571  factory0.588   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   LOW   smart_toy0.809  factory0.603   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   LOW   smart_toy0.879  factory0.457   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   LOW   smart_toy0.956  factory0.463   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   MEDIUM   smart_toy0.847  factory0.681   FIRE 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   LOW   smart_toy0.641  factory0.319   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   LOW   smart_toy0.293  factory0.431   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   LOW   smart_toy0.304  factory0.231   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   HIGH   smart_toy0.575  factory0.851   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   MEDIUM   smart_toy0.607  factory0.687   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   LOW   smart_toy0.296  factory0.384   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   LOW   smart_toy0.741  factory0.392   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   LOW   smart_toy0.565  factory0.497   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   LOW   smart_toy0.145  factory0.225   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   LOW   smart_toy0.459  factory0.305   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   LOW   smart_toy0.657  factory0.401   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   LOW   smart_toy0.457  factory0.645   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   HIGH   smart_toy0.909  factory0.479   FIRE 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   MEDIUM   smart_toy0.385  factory0.413   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   MEDIUM   smart_toy0.799  factory0.505   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   MEDIUM   smart_toy0.736  factory0.372   50 Day Low $ 14.07 select_check_box select_check_box select_check_box select_check_box select_check_box
26 June 2015   LOW   smart_toy0.357  factory0.289   50 Day Low $ 18.03 select_check_box select_check_box select_check_box select_check_box select_check_box
14 January 2015   MEDIUM   smart_toy0.764  factory0.457   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   LOW   smart_toy0.473  factory0.222   50 Day Low $ 19.33 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
07 October 2014   LOW   smart_toy0.174  factory0.189   50 Day Low $ 21.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
02 September 2014   LOW   smart_toy0.291  factory0.158   50 Day Low $ 25.00 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 March 2014   LOW   smart_toy0.188  factory0.239   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   LOW   smart_toy0.68  factory0.31   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   LOW   smart_toy0.476  factory0.252   50 Day Low $ 24.20 select_check_box select_check_box select_check_box select_check_box select_check_box
26 March 2013   LOW   smart_toy0.136  factory0.194   50 Day Low $ 28.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 February 2013   LOW   smart_toy0.66  factory0.162   50 Day Low $ 30.76 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
28 June 2012   LOW   smart_toy0.263  factory0.804   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   LOW   smart_toy0.416  factory0.186   50 Day Low $ 31.03 select_check_box select_check_box select_check_box select_check_box disabled_by_default
28 March 2012   LOW   smart_toy0.13  factory0.186   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   MEDIUM   smart_toy0.421  factory0.595   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   LOW   smart_toy0.568  factory0.406   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   LOW   smart_toy0.493  factory0.387   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   LOW   smart_toy0.824  factory0.233   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   LOW   smart_toy0.596  factory0.891   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 30 May 2026 15:00. Data for this ETF is available from 20 Apr 2010 - 29 May 2026.