Global X Copper Miners (COPX) 50 Day Lows

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

Expectancy: 0.28%.   Win rate: 86.54%.   Mean CAGR: 134.2%. Time in market: 25 years 14 days.
Sharpe Ratio: -3.434. Maximum drawdown: 68.75% on 20 January 2016.

About this Chart's Calculations for Global Copper Miners

Expectancy calculation (win % x average win) - (loss % x average loss): (86.54% * 5.75%) - (13.46% * 34.91%) = 0.28%. 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%.

50 Day 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%
2026 6 6 13 20 26
2025 3 3 4 7 149
2024 59 61 88 130 253
2023 29 52 88 90 130
2022 249 160 160 161 202
2021 5 5 25 64 205
2020 5 12 159 160 188
2019 97 131 132 133
2018 86 95 99 82 62
2017 36 37 38 45 63
2016 15 21 22 24 34
2015 116 40 42 44 69
2014 82 86 87 55 106
2013 93 113 191 222 252
2012 124 124 124 146 77
2011 50 52 66 73
2010 6 7 7 8 22
Avg. Days 62 59 79 86 122
CAGR 33.3% 43.4% 39.7% 49.9% 72.5%

50 Day 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%
19 March 2026 $71.00 select_check_box select_check_box select_check_box select_check_box select_check_box
03 April 2025 $36.92 select_check_box select_check_box select_check_box select_check_box select_check_box
03 February 2025 $37.79 select_check_box select_check_box select_check_box select_check_box select_check_box
16 December 2024 $40.47 select_check_box select_check_box select_check_box select_check_box select_check_box
19 July 2024 $43.12 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
14 June 2024 $44.20 select_check_box select_check_box select_check_box check_box_outline_blank check_box_outline_blank
31 October 2023 $33.12 select_check_box select_check_box select_check_box select_check_box select_check_box
26 September 2023 $35.88 select_check_box select_check_box select_check_box select_check_box select_check_box
16 August 2023 $36.24 select_check_box select_check_box select_check_box select_check_box select_check_box
31 May 2023 $34.66 select_check_box select_check_box select_check_box select_check_box select_check_box
15 March 2023 $35.10 select_check_box select_check_box select_check_box select_check_box select_check_box
22 June 2022 $33.28 select_check_box select_check_box select_check_box select_check_box select_check_box
25 April 2022 $39.97 select_check_box check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
20 July 2021 $33.92 select_check_box select_check_box select_check_box select_check_box select_check_box
20 July 2021 $31.58 select_check_box select_check_box select_check_box select_check_box select_check_box
17 June 2021 $35.58 select_check_box select_check_box select_check_box select_check_box select_check_box
17 June 2021 $32.97 select_check_box select_check_box select_check_box select_check_box select_check_box
06 March 2020 $13.83 select_check_box select_check_box select_check_box select_check_box select_check_box
31 January 2020 $16.09 select_check_box select_check_box select_check_box select_check_box select_check_box
02 August 2019 $16.30 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
02 May 2019 $18.77 check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank 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
14 August 2018 $19.27 select_check_box select_check_box select_check_box check_box_outline_blank check_box_outline_blank
11 July 2018 $20.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 May 2018 $22.34 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
05 December 2017 $20.76 select_check_box select_check_box select_check_box select_check_box select_check_box
20 June 2017 $16.84 select_check_box select_check_box select_check_box select_check_box select_check_box
18 April 2017 $18.43 select_check_box select_check_box select_check_box select_check_box select_check_box
27 June 2016 $12.31 select_check_box select_check_box select_check_box select_check_box select_check_box
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
03 August 2015 $14.07 select_check_box check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
26 June 2015 $18.03 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
07 October 2014 $21.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
02 September 2014 $25.00 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 March 2014 $21.73 select_check_box select_check_box select_check_box select_check_box select_check_box
13 November 2013 $22.85 select_check_box select_check_box select_check_box select_check_box select_check_box
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
26 March 2013 $28.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 February 2013 $30.76 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
28 June 2012 $25.30 select_check_box select_check_box select_check_box select_check_box select_check_box
04 May 2012 $31.03 select_check_box select_check_box select_check_box select_check_box disabled_by_default
28 March 2012 $32.89 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 September 2011 $33.29 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
04 August 2011 $38.32 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 June 2011 $40.25 select_check_box select_check_box select_check_box select_check_box disabled_by_default
23 February 2011 $41.39 select_check_box select_check_box select_check_box select_check_box disabled_by_default
01 July 2010 $23.03 select_check_box select_check_box select_check_box select_check_box select_check_box

50 Day 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%
19 March 2026 $71.00 1,845.4 3,362.9 663.2 469.4 1,193.0
03 April 2025 $36.92 133.5 126.6 96.6 100.5 120.8
03 February 2025 $37.79 >10,000 >10,000 >10,000 >10,000 56.3
16 December 2024 $40.47 21.4 24.0 16.2 19.9 30.1
19 July 2024 $43.12 30.4 37.4 46.6 65.6
14 June 2024 $44.20 155.3 206.3 251.4
31 October 2023 $33.12 77.6 98.6 82.3 120.5 63.7
26 September 2023 $35.88 23.9 28.1 17.0 23.0 42.2
16 August 2023 $36.24 204.3 17.5 13.4 18.0 33.4
31 May 2023 $34.66 >10,000 >10,000 2,594.1 1,100.4 197.7
15 March 2023 $35.10 293.5 413.5 557.8 916.8 608.0
22 June 2022 $33.28 13.5 14.2 17.9 24.1 39.0
25 April 2022 $39.97 5.1
20 July 2021 $33.92 >10,000 >10,000 7,986.9 4,672.0 44.1
20 July 2021 $31.58 >10,000 >10,000 8,094.5 4,673.1 46.3
17 June 2021 $35.58 826.6 1,328.4 77.4 33.6 29.6
17 June 2021 $32.97 826.7 1,326.7 87.6 33.6 37.5
06 March 2020 $13.83 22.7 27.3 35.1 47.8 72.5
31 January 2020 $16.09 3,415.4 488.1 18.1 24.3 42.5
02 August 2019 $16.30 20.2 17.6 22.1 29.9
02 May 2019 $18.77
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
14 August 2018 $19.27 9.6 9.6 11.8
11 July 2018 $20.54
29 May 2018 $22.34 826.8 1,327.2 2,609.6
05 December 2017 $20.76 293.4 356.9 480.3 779.2 608.1
20 June 2017 $16.84 623.2 963.6 1,314.7 424.0 891.9
18 April 2017 $18.43 22.7 26.7 33.6 42.6 68.2
27 June 2016 $12.31 >10,000 >10,000 >10,000 7,646.9 6,300.1
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
03 August 2015 $14.07 5.3
26 June 2015 $18.03
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
07 October 2014 $21.54
02 September 2014 $25.00
19 March 2014 $21.73 257.0 175.4 251.3 88.2 87.3
13 November 2013 $22.85 21.1 20.7 14.8 17.0 30.2
12 June 2013 $24.20
26 March 2013 $28.04
20 February 2013 $30.76
28 June 2012 $25.30 3,420.3 6,931.4 >10,000 128.9 137.3
04 May 2012 $31.03 7.6 9.1 11.5 14.9
28 March 2012 $32.89
19 September 2011 $33.29 15.7 18.4 22.7 29.1
04 August 2011 $38.32
08 June 2011 $40.25 124.7 152.1 148.3 124.6
23 February 2011 $41.39 1,846.7 1,326.8 93.7 128.9
01 July 2010 $23.03 1,844.0 1,989.0 4,215.5 7,642.0 1,958.9

The data for Global X Copper Miners (exchange: ARCX symbol: COPX) was last updated 22 Apr 2026 11:18. Data for this ETF is available from 20 Apr 2010 - 20 Apr 2026.