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ScenarioSM Study for December Copper(CMX) as of Jun 23, 2023 | ||||||||||||
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Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
Tested Month | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
Tested Years | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
Closed Higher | 24 | 25 | 25 | 23 | 21 | 23 | 31 | 21 | 22 | 22 | 23 | |
Exceeded High | 23 | 21 | 17 | 18 | 15 | 22 | 21 | 17 | 12 | 13 | 18 | |
Scenario Percentage | 96% | 84% | 68% | 78% | 71% | 96% | 68% | 81% | 55% | 59% | 78% | |
Avg Max Increase | 9.39% | 11.83% | 9.61% | 9.41% | 10.48% | 9.23% | 7.84% | 11.32% | 17.21% | 17.63% | 6.49% | |
Max Increase | 25.83% | 54.10% | 60.00% | 24.20% | 22.56% | 31.09% | 20.77% | 42.38% | 51.10% | 70.42% | 21.95% | |
Avg Days To Max Increase | 17 | 15 | 12 | 14 | 22 | 20 | 18 | 21 | 17 | 19 | 16 | |
Avg Max Decline | -2.58% | -2.20% | -2.38% | -2.09% | -2.84% | -1.98% | -2.59% | -3.92% | -1.93% | -2.31% | -1.48% | |
Max Decline | -8.58% | -9.41% | -6.90% | -15.00% | -10.53% | -5.49% | -7.01% | -11.29% | -7.96% | -10.87% | -5.75% | |
Avg Days to Max Decline | 7 | 9 | 7 | 6 | 8 | 8 | 11 | 14 | 8 | 11 | 4 | |
2022 Contract Condition | Yes | Yes | Yes | |||||||||
Action | Yes | No | Not Yet |
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