instrument report · Metals

Copper HG

Historical statistics for Copper over 16,085 observations, from 2010-06-07 to 2026-10-23. Every table shows its sample size (n) next to the percentage.

What sets this instrument apart

An upside gap between one day's close and the next day's open fills in HG between 90.5% of the time on a Monday (n = 402) and 98.1% on a Thursday (n = 368). The gap between Thursday and Monday exceeds noise (two-proportion test, Holm-corrected over the 10 pairs of days), but in a contract trading nearly 24 hours that gap is small, which is why it closes so often: it is not a tradable edge.

Tables

Historical frequencies, not forecasts: each row's sample size sits on the right.

After an inside day, does it break the prior range?

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Day	Breaks	Stays inside	Sessions
Monday	85.3%	14.7%	771
Tuesday	85.1%	14.9%	824
Wednesday	85.7%	14.3%	821
Thursday	85.0%	15.0%	822
Friday	85.4%	14.6%	817

n = 4,055 · 2010-06-07 to 2026-10-23 · historical futures data

Inside day = its high and low fit within the prior day's range. Breaking out is the norm; what informs is how far this instrument sits from that norm.

How close the day's range is to its average

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Kind of day	Frequency	Days
Compressed (under 70% of the average range)	22.5%	945
Normal (70-130%)	58.3%	2,451
Expanded (over 130%)	19.2%	806

n = 4,202 · 2010-06-25 to 2026-10-23 · historical futures data

Compares each session's range with the instrument's own recent average range.

Sessions with a range above the average of the prior 20

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Day	Range above its average	Sessions
Monday	38.7%	835
Tuesday	41.5%	846
Wednesday	42.2%	843
Thursday	40.6%	843
Friday	40.8%	829

n = 4,196 · 2010-07-05 to 2026-10-23 · historical futures data

Share of sessions whose range (high minus low) exceeds the average range of the 20 sessions before it. Measures size, not direction.

Monthly snapshot of October 24, 2026.

In the platform

These tables, with every row and refreshed every night, are inside Perfiltrade.

Gap fill between calendar daysn = 3,632

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How to cite this data

The tables on this page are our own work, built from historical futures data. You may reproduce them, translate them or build on them, including commercially, as long as you credit the source and link back to the original page. If you use them, tell us: we like knowing what they get used for.

Licence: CC BY 4.0

Suggested citation:

Perfiltrade (October 24, 2026). Copper (HG): how much it moves, with its sample. https://www.perfiltrade.com/en/instruments/hg

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To understand these numbers

These guides explain how each concept is calculated and how to read it without fooling yourself.

Other instruments in the family

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Historical frequencies describe what happened; they do not guarantee what will happen and are not investment advice.