IREN's $2.83 Billion Volume Ranks 29th as Shares Plunge 1.80% Amid Sector Shifts

On September 25, 2025, IREN traded with a volume of $2.83 billion, ranking 29th among active stocks. The share price declined 1.80% by market close, reflecting subdued investor sentiment amid mixed market conditions.

Recent developments suggest mixed signals for the stock. Analysts noted a shift in sector dynamics as regulatory updates in the energy sector prompted strategic reassessments among stakeholders. Additionally, IREN’s earnings guidance for the upcoming quarter showed a narrowing of projected margins, though management emphasized long-term infrastructure investments as a growth driver. Market participants remain cautious, with technical indicators pointing to potential consolidation phases ahead.

To run a reliable back-test I need to pin down a few practical details: Market universe—Do you want U.S. listed stocks (NYSE + Nasdaq), all global equities, or another exchange? Entry & exit prices—Buy at that day’s close and sell at the next day’s close, or buy at the next day’s open and sell at that same day’s close? Portfolio construction—Equal-weight across the 500 names each day, or weight by dollar volume / market-cap? Trading frictions—Any commission or slippage assumptions to include? Once I have this, I can build the data-gathering plan, generate the daily signals, and feed them into the back-test engine.