United States Copper Index Fund (CPER) Daily/Weekly Backtest Results

Signal:                  
                  [ What are these? | Switch to CPER's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: 3.60%.   Win rate: 67.47%.   Sharpe Ratio: -13.424.   Maximum drawdown: -34.75% on 23 March 2020.
Mean CAGR: 74.69%. Time in market: 21774 days.   Hypothetical return: $1000 would be worth $1476.64 on 19 March 2025.
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 Copper

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 83 signal(s) occurring before 26 May 2024 for a 7.5% profit target: (67.47% * 8.48%) + (16.87% * 1.15%) - (15.66% * 14.79%) = 3.60%.
Wins: 56 Breakevens: 14 Losses: 13

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.

 

Double Seven Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Seven 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%
02 June 2026   cards_starLOW     Double Seven $ 40.56 schedule schedule schedule schedule schedule
01 May 2026   cards_starLOW     Double Seven $ 36.23 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 schedule
30 March 2026   cards_starLOW     Double Seven $ 33.62 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
24 February 2026   cards_starLOW     Double Seven $ 36.24 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
23 January 2026   cards_starLOW     Double Seven $ 36.43 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 schedule
21 January 2026   cards_starLOW     Double Seven $ 35.81 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 schedule
16 December 2025   cards_starMEDIUM     Double Seven $ 32.90 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
18 November 2025   cards_starMEDIUM     Double Seven $ 30.87 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
14 November 2025   cards_starMEDIUM     Double Seven $ 31.22 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
15 October 2025   cards_starMEDIUM     Double Seven $ 30.90 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
13 October 2025   cards_starMEDIUM     Double Seven $ 31.61 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
11 August 2025   cards_starMEDIUM     Double Seven $ 27.69 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
04 August 2025   cards_starLOW     Double Seven $ 27.70 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
08 July 2025   cards_starLOW     Double Seven $ 32.45 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
01 July 2025   cards_starLOW     Double Seven $ 31.78 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
03 June 2025   cards_starLOW     Double Seven $ 30.36 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_bolt
28 May 2025   cards_starLOW     Double Seven $ 29.29 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 electric_boltelectric_bolt
02 May 2025   cards_starMEDIUM     Double Seven $ 29.19 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
25 April 2025   cards_starMEDIUM     Double Seven $ 30.33 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
31 March 2025   cards_starMEDIUM     Double Seven $ 31.55 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
25 March 2025   cards_starMEDIUM     Double Seven $ 32.50 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
25 February 2025   cards_starLOW     Double Seven $ 28.50 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt
19 February 2025   cards_starLOW     Double Seven $ 28.88 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
12 November 2024   cards_starLOW     Double Seven $ 26.14 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
09 October 2024   cards_starLOW     Double Seven $ 27.54 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
30 August 2024   cards_starLOW     Double Seven $ 26.31 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
29 July 2024   cards_starLOW     Double Seven $ 25.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
25 June 2024   cards_starLOW     Double Seven $ 27.25 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box electric_bolt
24 May 2024   cards_starLOW     Double Seven $ 29.36 select_check_box select_check_box select_check_box select_check_box select_check_box
23 May 2024   cards_starLOW     Double Seven $ 29.50 select_check_box select_check_box select_check_box select_check_box select_check_box
11 April 2024   cards_starLOW     Double Seven $ 26.68 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
25 March 2024   cards_starLOW     Double Seven $ 25.06 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 electric_boltelectric_bolt
11 March 2024   cards_starLOW     Double Seven $ 24.43 select_check_box electric_boltelectric_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
06 February 2024   cards_starMEDIUM     Double Seven $ 23.58 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
03 January 2024   cards_starLOW     Double Seven $ 23.85 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
28 July 2023   cards_starLOW     Double Seven $ 24.22 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
26 June 2023   cards_starLOW     Double Seven $ 23.42 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box electric_bolt
09 May 2023   cards_starMEDIUM     Double Seven $ 23.90 select_check_box select_check_box select_check_box select_check_box select_check_box
08 May 2023   cards_starLOW     Double Seven $ 24.10 select_check_box select_check_box select_check_box select_check_box select_check_box
06 April 2023   cards_starMEDIUM     Double Seven $ 24.55 select_check_box select_check_box select_check_box select_check_box select_check_box
04 April 2023   cards_starLOW     Double Seven $ 24.44 select_check_box select_check_box select_check_box select_check_box select_check_box
06 March 2023   cards_starLOW     Double Seven $ 24.80 select_check_box select_check_box select_check_box select_check_box select_check_box
03 March 2023   cards_starLOW     Double Seven $ 24.92 select_check_box select_check_box select_check_box select_check_box select_check_box
31 January 2023   cards_starLOW     Double Seven $ 25.46 select_check_box select_check_box select_check_box select_check_box select_check_box
30 January 2023   cards_starLOW     Double Seven $ 25.41 select_check_box select_check_box select_check_box select_check_box select_check_box
17 May 2022   cards_starLOW     Double Seven $ 25.74 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
02 May 2022   cards_starLOW     Double Seven $ 25.86 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
14 April 2022   cards_starLOW     Double Seven $ 28.55 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 March 2022   cards_starLOW     Double Seven $ 28.84 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 March 2022   cards_starLOW     Double Seven $ 27.50 select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 February 2022   cards_starLOW     Double Seven $ 27.36 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
08 February 2022   cards_starLOW     Double Seven $ 27.20 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default
06 January 2022   cards_starLOW     Double Seven $ 26.50 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
03 December 2021   cards_starLOW     Double Seven $ 26.11 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
01 November 2021   cards_starLOW     Double Seven $ 26.78 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
28 September 2021   cards_starLOW     Double Seven $ 26.09 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default
27 August 2021   cards_starLOW     Double Seven $ 26.42 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box disabled_by_default
26 July 2021   cards_starLOW     Double Seven $ 27.97 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
22 June 2021   cards_starLOW     Double Seven $ 25.87 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
20 May 2021   cards_starLOW     Double Seven $ 28.12 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
05 April 2021   cards_starLOW     Double Seven $ 25.44 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
01 April 2021   cards_starLOW     Double Seven $ 24.72 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
02 March 2021   cards_starLOW     Double Seven $ 25.84 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
01 March 2021   cards_starLOW     Double Seven $ 25.44 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
28 January 2021   cards_starLOW     Double Seven $ 22.06 select_check_box electric_boltelectric_bolt 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
26 January 2021   cards_starLOW     Double Seven $ 22.38 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
23 December 2020   cards_starLOW     Double Seven $ 21.98 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
09 November 2020   cards_starMEDIUM     Double Seven $ 19.68 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
02 November 2020   cards_starMEDIUM     Double Seven $ 19.00 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
06 October 2020   cards_starMEDIUM     Double Seven $ 18.24 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
29 September 2020   cards_starMEDIUM     Double Seven $ 18.46 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
04 September 2020   cards_starLOW     Double Seven $ 18.94 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
28 August 2020   cards_starMEDIUM     Double Seven $ 18.78 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
03 August 2020   cards_starMEDIUM     Double Seven $ 18.24 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
27 July 2020   cards_starMEDIUM     Double Seven $ 18.10 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
04 February 2020   cards_starMEDIUM     Double Seven $ 16.00 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
02 January 2020   cards_starLOW     Double Seven $ 17.61 select_check_box select_check_box select_check_box select_check_box select_check_box
13 May 2019   cards_starMEDIUM     Double Seven $ 17.02 select_check_box select_check_box select_check_box select_check_box select_check_box
07 May 2019   cards_starMEDIUM     Double Seven $ 17.47 select_check_box select_check_box select_check_box select_check_box select_check_box
09 April 2019   cards_starMEDIUM     Double Seven $ 18.44 select_check_box select_check_box select_check_box select_check_box select_check_box
05 April 2019   cards_starMEDIUM     Double Seven $ 18.15 select_check_box select_check_box select_check_box select_check_box select_check_box
08 March 2019   cards_starMEDIUM     Double Seven $ 18.10 select_check_box select_check_box select_check_box select_check_box select_check_box
05 March 2019   cards_starLOW     Double Seven $ 18.37 select_check_box select_check_box select_check_box select_check_box select_check_box
17 July 2018   cards_starLOW     Double Seven $ 17.38 select_check_box select_check_box select_check_box select_check_box select_check_box
18 June 2018   cards_starLOW     Double Seven $ 19.85 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
15 June 2018   cards_starLOW     Double Seven $ 20.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
27 March 2018   cards_starLOW     Double Seven $ 19.03 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default
21 February 2018   cards_starLOW     Double Seven $ 20.46 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 January 2018   cards_starLOW     Double Seven $ 20.33 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
18 December 2017   cards_starLOW     Double Seven $ 20.04 select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 November 2017   cards_starLOW     Double Seven $ 19.82 select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default
13 October 2017   cards_starMEDIUM     Double Seven $ 20.08 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
11 September 2017   cards_starLOW     Double Seven $ 19.68 select_check_box electric_bolt select_check_box disabled_by_default disabled_by_default disabled_by_default
08 August 2017   cards_starMEDIUM     Double Seven $ 18.96 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
05 July 2017   cards_starLOW     Double Seven $ 17.11 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
31 May 2017   cards_starLOW     Double Seven $ 16.72 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
28 April 2017   cards_starLOW     Double Seven $ 16.90 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
27 March 2017   cards_starLOW     Double Seven $ 17.00 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
21 February 2017   cards_starMEDIUM     Double Seven $ 17.98 select_check_box select_check_box select_check_box select_check_box select_check_box
17 January 2017   LOW     Double Seven $ 17.54 select_check_box select_check_box select_check_box select_check_box select_check_box
13 December 2016   LOW     Double Seven $ 17.00 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt
08 November 2016   LOW     Double Seven $ 15.46 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
07 October 2016   LOW     Double Seven $ 14.24 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
05 October 2016   LOW     Double Seven $ 14.22 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
29 August 2016   LOW     Double Seven $ 13.67 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
26 August 2016   LOW     Double Seven $ 13.65 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
26 July 2016   LOW     Double Seven $ 14.64 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
25 July 2016   LOW     Double Seven $ 14.67 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
31 May 2016   LOW     Double Seven $ 13.91 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt
26 April 2016   LOW     Double Seven $ 14.89 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
24 March 2016   LOW     Double Seven $ 14.80 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt

 

The data for United States Copper Index Fund (exchange: ARCX symbol: CPER) was last updated 14 Jun 2026 16:17. Data for this ETF is available from 04 Jan 2016 - 02 Jun 2026.