Copper vs Platinum

Copper (XCU) and Platinum (XPT) compared side by side. Over the past 90 days, XCU is ahead by 15.7 percentage points (XCU +4.3% against XPT -11.4%). Their daily returns move closely together (correlation 0.64 across 279 shared trading days). XPT has been the more volatile of the two, at 64% annualised against XCU's 33%.

Correlation: 0.64
Ahead over 90 days: XCU

CopperXCU

$93.3000

24h: -0.06%
Market cap: —
Volume 24h: $63,175
Volatility (ann.): 33%

PlatinumXPT

$1,484.1

24h: +3.78%
Market cap: —
Volume 24h: $17,127
Volatility (ann.): 64%

Performance

XCUXPT

7 days-1.51%-7.84%XCU
30 days-4.73%-19.29%XCU
90 days+4.32%-11.39%XCU

Correlation

0.64over 279 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6690d: 0.631y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	XCU	XPT
Max drawdown (400d)	-13.5%	-49.8%
Risk-adjusted return (90d)	0.17	-0.28

Relative strength over 90 days: XCU outperformed XPT by 17.7% — measured on the XCU/XPT ratio, so it holds regardless of market direction.

Copper →Platinum →