Core Scientific Ranks 415th in $240M Volume Day as Top 500 Outperform 166.71% Since 2022

On August 8, 2025, Core Scientific (CORZ) traded with a daily volume of $240 million, ranking 415th in market activity. The stock closed up 0.42%, reflecting modest participation in broader market dynamics.

Liquidity patterns in high-volume stocks have demonstrated significant influence on short-term performance. A strategy targeting the top 500 stocks by daily trading volume showed a 166.71% cumulative return from 2022 to present, far exceeding the 29.18% benchmark gain. This outperformance highlights how concentrated liquidity can amplify price movements, particularly in volatile environments where large-cap names like Newmont and McKesson exhibited pronounced intraday swings.

Market activity levels directly impact the effectiveness of volume-driven strategies. During periods of heightened volatility, stocks with substantial trading interest create more pronounced momentum opportunities. The 137.53% excess return generated by this approach underscores the interplay between liquidity depth and price discovery mechanisms in modern equity markets.

The backtest results confirm a 166.71% return for buying the top 500 volume stocks and holding one day since 2022, outperforming the benchmark by 137.53%. This demonstrates the statistical significance of liquidity concentration in short-term stock performance, particularly in volatile market conditions.