Granite Stock’s Volume Surges 1268% to Rank 169th in Active Stocks as Shares Climb 0.95%

On October 2, 2025, Granite (GVA) recorded a trading volume of $680 million, marking a 1268.16% surge from the previous day’s volume, ranking it 169th among active stocks. The stock closed with a 0.95% increase, reflecting heightened market engagement.

Recent developments suggest elevated short-term interest in Granite, driven by unusual trading dynamics. The sharp volume expansion indicates potential liquidity shifts or strategic positioning by institutional players. Analysts note that such volatility spikes often correlate with catalysts like regulatory updates, supply chain adjustments, or sector-specific macroeconomic factors, though no direct company-specific news was disclosed in the provided dataset.

Backtesting parameters for the strategy require precise calibration. The market universe will include U.S.-listed common stocks on NYSE and NASDAQ, with equal-weight allocation across daily baskets. Trades will execute at close prices to align with end-of-day volume visibility. Performance metrics will track cumulative returns, annualized returns, volatility, Sharpe ratio, and maximum drawdown against a benchmark. Implementation hinges on confirming these parameters before initiating multi-asset portfolio testing.