FedEx Tumbles 1.22% as Volume Plunges 24% to 367th in U.S. Trading

On October 9, 2025, , . . equities. The underperformance followed a shift in investor sentiment toward sector rotation, with logistics stocks facing pressure amid mixed macroeconomic signals ahead of key inflation data releases later in the week.

Analysts noted that the decline aligned with broader market rotations out of cyclical names. While no direct earnings or operational updates were cited in available reports, the stock’s sensitivity to and capital intensity in its business model amplified its volatility. Institutional traders appeared to scale back exposure to high-beta logistics names, with options activity showing increased through short-term put options.

Back-testing parameters for a volume-based trading strategy require clarification on several implementation aspects. The universe definition must specify whether to include U.S.-listed equities, sector indices, or exclude non-common shares. —whether to use intraday volume data for next-day entry or same-day close—will determine the strategy’s responsiveness to price action. Portfolio rebalancing frequency and exit rules also remain to be finalized for cross-sectional simulations.

Current back-testing capabilities are limited to single-security analysis or index tracking, necessitating alternative approaches for multi-asset strategies. A proxy through broad-market ETFs or representative ticker groups could approximate performance, though full portfolio-level simulations would require expanded system capabilities. Methodological documentation and code logic for such frameworks are available upon request for further development.