Ameriprise Financial Gains 0.83% as $240M Trading Volume Ranks 479th in Market Activity

On October 2, 2025, Ameriprise Financial (AMP) closed up 0.83% with a trading volume of $240 million, ranking 479th in market activity. The stock's performance reflected mixed market sentiment amid broader sector volatility.

Recent developments impacting AMP include a strategic shift in asset allocation frameworks by major institutional investors, which has increased demand for diversified financial services. Analysts noted that the firm’s recent earnings report highlighted sustained growth in wealth management fees, offsetting market-wide concerns over rising interest rates. Regulatory updates on fiduciary standards also prompted a reassessment of risk management practices across the sector, indirectly affecting investor positioning in financial stocks.

To run this back-test accurately I’ll need a few additional details to translate your idea (“buy the top-500 stocks by daily trading volume, hold one day”) into a concrete, executable strategy: 1. Universe of stocks • U.S. listed equities only, or a different market? • Should we exclude penny-stocks / ADRs / ETFs, etc.? 2. Ranking & rebalancing rule • Use yesterday’s volume rank to form today’s portfolio (so we can trade at today’s open)? • Equal-weight each of the 500 names, or weight by volume / market-cap? 3. Trading prices • Enter at the day’s open and exit at next day’s open (O→O), or close→close, etc.? 4. Transaction costs • Assume zero, or apply a per-trade commission / bid-ask spread? Because the available back-testing engine operates on a single symbol at a time, I will need to aggregate the 500-stock portfolio into a daily P&L series before feeding it into the engine. Once the above points are settled I can proceed to: • pull daily volume & price data for the eligible universe from 2022-01-01 to today, • construct the daily portfolio and its return stream, • evaluate performance (CAGR, Sharpe, max draw-down, etc.), and • display the results in a visual report. Let me know your preferences on the four items above and I’ll start the data pull and back-test.