EMCORS 2 37% Drop on 454th Ranked 240M Volume Precedes S&P 500 Inclusion
On September 5, 2025, EMCOREME-- (EME) closed with a 2.37% decline, trading with a volume of $240 million, ranking 454th in market activity. The stock’s performance coincided with broader market adjustments, as several firms prepared for inclusion in the S&P 500 index. EMCOR is among the companies set to join the benchmark index by the September 22 market open, replacing Enphase EnergyENPH-- in the index. This inclusion typically attracts passive fund inflows and institutional interest due to the enhanced visibility and credibility associated with S&P 500 membership.
While the stock’s post-announcement price movement in extended trading showed a 2.2% rise, the session’s closing price reflected broader market dynamics. Analysts note that index inclusion can create short-term volatility as portfolios reallocate holdings, though long-term outcomes depend on the company’s fundamentals and sector positioning. EMCOR’s engineering and construction services sector exposure may influence its post-inclusion trajectory, particularly amid ongoing infrastructure spending discussions.
To build this back-test accurately I’ll need a few extra details: 1. Market universe • Should we restrict the selection to a particular exchange (e.g., all NYSE + NASDAQ common stocks), or to an index constituent list (e.g., Russell 3000)? 2. Weighting & sizing • Do you want an equal-weight allocation across the 500 names each day, or a volume-weighted / dollar-volume-weighted approach? • Any cash constraint (e.g., fully invested every day, or 1 % per name)? 3. Transaction assumptions • Slippage / commission per trade (or ignore)? • Portfolio capacity limits you’d like applied? 4. Benchmark (if any) for relative performance. Once I have these items I can generate the daily trade list (top-500 by dollar volume at the close, hold for one session) and run the performance report from 2022-01-03 to today.


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