Global X Copper Miners (COPX) 52 Week Lows

Buy signal:            
        [ What are these indicators? ]
Profit target:             [ A higher % profit will take longer and is less likely to be achieved ]

Expectancy: 4.03%.   Win rate: 95.00%.   Mean CAGR: 114.27%. Time in market: 7 years 120 days.
Sharpe Ratio: -1.268. Maximum drawdown: 62.33% on 20 January 2016.

About this Chart's Calculations for Global Copper Miners

Expectancy calculation (win % x average win) - (loss % x average loss): (95% * 5.89%) - (5% * 31.32%) = 4.03%. To be a profitable trader you need to trade with a positive value for expectancy.

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.

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

52 Week Lows - Profit Probability Projections

This table summarises how long it would take after buying the ETF at the 50 day lows to reach the specified percentage return. Note that past performance is not a guarantee of future performance. The calculations exclude the exceptionally volatile month of March 2020. Calculations also exclude dividends and other distributions to shareholders.

Date Days to Reach Profit Target
5% 6% 7.5% 10% 20%
2023 5 5 11 21 47
2022 91 98 136 136 176
2020 95 96 96 98 129
2019 39 91 92 128
2018 104 52 56 112 62
2016 28 40 40 40 53
2015 40 40 42 44 69
2014 151 151 154
2013 8 8 16 22
2011 36 36 36 36 135
Avg. Days 59 61 67 70 95
CAGR 35.2% 41.7% 48.3% 64.4% 101.5%

52 Week Lows - Backtest Trading Summary

This table summarises how profitable it would have been to have bought this ETF at each 50 day low. 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%. check_box_outline_blank = profit point achieved but CAGR was less than 5%.

Signal Date Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
03 April 2025 $36.92 select_check_box select_check_box select_check_box select_check_box select_check_box
10 November 2023 $32.07 select_check_box select_check_box select_check_box select_check_box select_check_box
30 June 2022 $30.38 select_check_box select_check_box select_check_box select_check_box select_check_box
23 June 2022 $31.66 select_check_box select_check_box select_check_box select_check_box select_check_box
28 February 2020 $14.12 select_check_box select_check_box select_check_box select_check_box select_check_box
05 August 2019 $15.71 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
20 December 2018 $16.18 select_check_box select_check_box select_check_box select_check_box select_check_box
19 October 2018 $17.63 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
05 September 2018 $18.30 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
02 August 2018 $20.06 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 January 2016 $8.82 select_check_box select_check_box select_check_box select_check_box select_check_box
07 December 2015 $10.32 select_check_box select_check_box select_check_box select_check_box select_check_box
22 September 2015 $11.74 select_check_box select_check_box select_check_box select_check_box select_check_box
23 July 2015 $15.27 check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
14 January 2015 $16.03 select_check_box select_check_box select_check_box select_check_box select_check_box
01 December 2014 $19.33 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
10 October 2014 $20.73 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
12 June 2013 $24.20 check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
17 April 2013 $24.63 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
21 September 2011 $30.95 select_check_box select_check_box select_check_box select_check_box select_check_box

52 Week Lows - Compound Annual Growth Rate (CAGR) Summary

Compound Annual Growth Rate (CAGR) shows the annual percentage performance had the investment grown at the same rate over one year. Cross reference the figures in the tables below with the backtesting results tables above to see how long it took to achieve profitability after buying this ETF at the specific 50 day low. A red (empty) table cell shows that the specific profit point has not yet been achieved. Calculations exclude dividends or other distributions this fund may distribute to fund holders.

Date Price Gains / CAGR
5% 6% 7.5% 10% 20%
03 April 2025 $36.92 133.5 126.6 96.6 100.5 120.8
10 November 2023 $32.07 3,426.1 6,933.0 1,007.1 424.1 312.0
30 June 2022 $30.38 51.3 46.2 22.1 30.2 54.5
23 June 2022 $31.66 13.7 16.4 20.8 28.2 39.7
28 February 2020 $14.12 20.6 24.8 31.8 42.6 67.5
05 August 2019 $15.71 57.8 26.3 33.3 31.2
20 December 2018 $16.18 143.6 189.7 156.4 133.6 192.6
19 October 2018 $17.63 15.6 18.9 23.6 32.4
05 September 2018 $18.30 227.8 312.8 419.1 22.3
02 August 2018 $20.06 7.1
08 January 2016 $8.82 88.8 70.3 94.0 138.7 251.0
07 December 2015 $10.32 23.0 28.0 36.1 49.1 113.0
22 September 2015 $11.74 256.9 312.6 483.0 917.2 4,915.7
23 July 2015 $15.27
14 January 2015 $16.03 133.6 175.3 177.0 218.8 90.8
01 December 2014 $19.33 12.5 15.1 18.7
10 October 2014 $20.73
12 June 2013 $24.20
17 April 2013 $24.63 825.6 1,328.2 422.3 386.1
21 September 2011 $30.95 64.0 80.5 108.2 162.8 63.7

The data for Global X Copper Miners (exchange: ARCX symbol: COPX) was last updated 30 Apr 2026 07:46. Data for this ETF is available from 20 Apr 2010 - 29 Apr 2026.