Cigna's 226th-Ranked Trading Volume Contrasts With High-Liquidity Stocks' Outperformance in Volatile Markets

On August 11, 2025, The Cigna Group (CI) closed at $277.04, rising 0.78% with a daily trading volume of $0.45 billion, ranking 226th among stocks. The healthcare insurer operates through two primary segments: Evernorth Health Services, offering pharmacy benefits and care delivery solutions, and Cigna Healthcare, providing medical, pharmacy, and international health coverage. Recent performance highlights a 0.33% year-to-date gain and a 1.98% three-year return, lagging behind the S&P 500’s 51.49% over the same period. The stock’s beta of 0.48 indicates lower volatility relative to the market, supported by its $73.95 billion market cap and trailing P/E ratio of 15.18.

A backtested strategy of purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to the present, outperforming the benchmark’s 29.18% by 137.53%. This underscores the significance of liquidity concentration in short-term performance, particularly in volatile markets. High-volume stocks, including those in the healthcare sector, demonstrated amplified price momentum, aligning with the strategy’s focus on liquidity-driven opportunities.