The's $250M Trading Volume Trails 455th in U.S. Market Amid Retail Sector Rally

, 2025, ranking 455th among all listed equities in the U.S. market. , which may have influenced broader retail sector dynamics.

Market participants noted that The's trading activity remained below average relative to peers, suggesting limited investor interest in the name. While no specific earnings or strategic updates were disclosed, the firm's position in the retail space could remain sensitive to broader industry trends. Analysts highlighted that cross-sector performance, particularly in apparel and consumer discretionary categories, often correlates with The's valuation trajectory.

To set up a rigorous back-test I need to clarify a few practical points that aren’t fully specified yet and that will materially change the results: 1. Selection mechanics • Do we rank stocks on today’s closing volume and buy them at next day’s open, or buy them at the same-day close? • Are delisted stocks allowed to drop in/out of the universe, or do we keep a static universe (e.g., today’s tradable stocks only)? 2. Price used for entry / exit • Open-to-open or close-to-close? 3. Universe scope • The platform can efficiently back-test a single ticker or a pre-defined list, but it does not currently support a fresh market-wide 500-t-icker rebalance each day via one command. • A practical proxy would be: – “Top-500 by volume within the S&P 500­ universe,” or – “All stocks with market-cap > X” (static universe). • Let me know which proxy is acceptable, or if you can provide a fixed list of tickers to rank each day. 4. Cash management & transaction assumptions • Equal-weight per stock, rebalanced daily? • Zero commissions / slippage, or should we include realistic costs? Please let me know your preferences (even brief answers are fine). Once I have those, I’ll auto-fill any remaining parameters (with explanations) and run the complete back-test for you.