Autodesk's $420M Volume and 271st Ranking Highlight Mysterious Slide Amid Sector Shifts

, 2025, ranking 271st in the market. , underperforming broader market trends amid mixed sector activity. Despite robust earnings from tech peers like Oracle and Apple, Autodesk’s decline remained unexplained by direct news catalysts, suggesting potential sector-wide pressures or investor rotation.

While no immediate news directly impacted Autodesk’s shares, broader market dynamics highlighted shifting investor sentiment. Novo Nordisk’s workforce cuts and Amazon’s autonomous vehicle rollout underscored competitive challenges in tech and healthcare, areas Autodesk has historically navigated. The absence of earnings reports or strategic announcements for Autodesk left the stock vulnerable to macroeconomic repositioning, with traders likely reassessing exposure to design and construction software firms amid softening demand in related sectors.

To run the back-test rigorously I need to pin down four practical details: (1) Weighting method—equally-weighted or volume-proportional? (2) Re-balance & pricing convention—formation day D ranks by volume, execution day D+1 involves buying at day-open/selling at close or using previous close/next close. (3) Transaction costs: apply 4 bp round-turn or assume frictionless execution? (4) Universe filter: U.S. common stocks only, excluding ETFs, ADRs, and preferreds. Confirming these parameters will enable accurate data extraction for the 2021-12-31 onward analysis.