Platinum vs Copper

Platinum (XPT) and Copper (XCU) compared side by side. Over the past 90 days, XCU is ahead by 15.7 percentage points (XPT -11.4% against XCU +4.3%). 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

PlatinumXPT

$1,526.6

24h: +1.90%
Market cap: —
Volume 24h: $1,281
Volatility (ann.): 64%

CopperXCU

$93.4200

24h: -0.36%
Market cap: —
Volume 24h: $1,352
Volatility (ann.): 33%

Performance

XPTXCU

7 days-7.84%-1.51%XCU
30 days-19.29%-4.73%XCU
90 days-11.39%+4.32%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	XPT	XCU
Max drawdown (400d)	-49.8%	-13.5%
Risk-adjusted return (90d)	-0.28	0.17

Relative strength over 90 days: XCU outperformed XPT by 15.1% — measured on the XPT/XCU ratio, so it holds regardless of market direction.

Platinum →Copper →