Ares Management Struggles with 0.17% Drop as $430M Volume Ranks 237th in Market Activity
On September 26, 2025, Ares ManagementARES-- (ARES) closed with a 0.17% decline, trading with a volume of $430 million, ranking 237th in market activity for the day. The stock’s muted performance came amid mixed market conditions and sector-specific dynamics.
Recent developments highlight evolving investor sentiment toward alternative asset managers. AresARES-- reported preliminary signs of shifting capital flows in its credit and real estate arms, with some institutional clients rebalancing exposure to high-yield strategies. Analysts noted that while the firm’s core business remains resilient, near-term volatility could persist due to macroeconomic uncertainties.
Technical indicators show the stock has been consolidating within a key support range, with short-term traders closely monitoring liquidity levels. Market participants remain cautious, balancing optimism over long-term fundamentals with near-term macroeconomic risks. The lack of significant earnings catalysts or strategic announcements has kept the stock in a narrow trading band.
I understand you’d like to test a daily-rebalanced portfolio that, every trading day from 2022-01-01 through today, buys the 500 stocks with the highest trading volume and then closes the position at next day’s close. At the moment, the toolset I have access to can back-test a single security (or a list of event dates on a single security), but it doesn’t yet support retrieving and ranking daily volume for the entire equity universe, or simulating a multi-asset portfolio that is re-constituted every day. To proceed, we have two options: 1. Approximate the idea with a proxy instrument, or 2. Pause until the required universe-level data interface becomes available. Please let me know which direction you’d prefer.

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