Cardinal Health's $260M Volume Drags It to 385th Rank as Shares Slide 1.64%

On October 13, 2025, Cardinal Health (CAH) recorded a trading volume of $260 million, ranking 385th among stocks in terms of trading activity that day. The stock closed down 1.64%

Recent market dynamics suggest short-term pressure on the healthcare services provider amid broader sector consolidation trends. Analyst activity remained subdued, with no major institutional statements influencing the price action. The decline appears aligned with technical indicators signaling oversold conditions, though no fundamental catalysts were reported in the immediate term

Backtesting of a one-day holding strategy under RSI oversold conditions revealed constrained upside potential due to the short exit window. The approach captured rapid mean-reversion moves but limited gains, with maximum drawdowns below 13%. Signal frequency proved insufficient for robust deployment, suggesting the need for complementary momentum or volatility filters to enhance strategy viability

Execution assumptions included close-price entry with a mandatory one-day holding period. Alternative parameters such as next-day open fills or extended holding durations could alter performance metrics. Strategy optimization requires further testing with adjusted constraints to balance risk-reward profiles