CDU is quite interesting as it really isn't very well correlated with any of its peers in the copper sector. The following shows the correlation coefficient between CDU and its sector. 1.0 is a perfect correlation while those in the red are pretty awful.
The following also shows my "Bang for Your Bucks Meter" Every time the sector moves 1% , CDU moves about 0.37%. That is taken over the last 50 days so it certainly doesn't reflect what is happening now.
Lets have a look at how it has performed relative to its peers.
To make it easier to see I have zeroed the index.
Just because I have it I will post another way at looking at shorts.
And finally my automated 2 day chart.
CDU is quite interesting as it really isn't very well correlated...
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