Realty Income’s Strategic Shift Drives 1.73% Surge as $310M Volume Ranks 346th Among Listed Stocks

On September 5, 2025, . The real estate investment trust's performance followed a strategic shift in its portfolio management approach, with analysts noting increased focus on high-yield properties in secondary markets. , signaling improved occupancy trends in industrial and retail sectors.

Market participants observed heightened activity in the REIT's capital recycling initiatives, . The company's management emphasized reallocating proceeds toward development-stage assets with contracted pre-leasing agreements, a strategy expected to stabilize cash flow generation. .

To run this back-test rigorously I need to pin down a few implementation details and be sure the data we’ll pull lines up with your intent. Key points we need to confirm: 1. • US-listed common stocks (NYSE + NASDAQ), or a different exchange set? • Do we exclude ETFs, ADRs, penny stocks, etc.? 2. and timing • Volume ranking based on the most recent completed trading day’s total share volume. • Entry: buy at next day’s market open (default) or the prior day’s close? • Exit: liquidate at that same day’s close (i.e., 1-day holding period)? 3. • Equal-weight each position (default), or weight by volume, inverse volatility, etc.? • If fewer than 500 names have data on a given day, should we hold fewer or relax the rule? 4. assumptions • Slippage/transaction costs: ignore (default) or apply a fixed bps cost? • Benchmark (if desired): e.g., SPY.