COPX Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Rising global demand for green technology and infrastructure boosts copper prices, enhancing COPX's outlook. Stable volatility suggests minimal downside risks, favoring bullish sentiment.




Bearish Case: Potential economic slowdown and geopolitical tensions threaten copper demand. Elevated implied volatility may induce price swings, posing risks to COPX's stability.




Potential Outcomes:
  1. Increased Copper Demand (50%): Driving COPX gains.
  2. Economic Slowdown (30%): Hindering growth prospects.
  3. Market Stability (20%): With minor fluctuations.




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March 27, 2025


Global X Funds - Global X Copper Miners Forecast

COPX        Global X Funds - Global X Copper Miners











Correlated Assets

Assets that tend to move strongly with COPX



BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.93)


GOGL Forecast + Options Trading Strategies   GOGL  Golden Ocean (0.82)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.77)


ODP Forecast + Options Trading Strategies   ODP  ODP (0.77)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.77)



Uncorrelated Assets

Assets with little price relationship to COPX



TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.0)


APPN Forecast + Options Trading Strategies   APPN  Appian (-0.01)


DAN Forecast + Options Trading Strategies   DAN  Dana (0.01)


DV Forecast + Options Trading Strategies   DV  DoubleVerify (0.02)


WWD Forecast + Options Trading Strategies   WWD  Woodward (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against COPX



LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.69)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (-0.69)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.7)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.7)


TJX Forecast + Options Trading Strategies   TJX  TJX Companies (-0.71)









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