Super's $1.7B Trading Volume Plummets 30% to 53rd in Market Activity as Shares Edge Up 0.21%

On October 2, 2025, Super recorded a trading volume of $1.7 billion, marking a 29.96% decline compared to the previous day. The stock ranked 53rd in terms of trading activity across the market. Super’s share price rose 0.21%, reflecting a modest recovery in investor sentiment.

Recent developments highlight a strategic shift in capital allocation, with analysts noting reduced short-term trading interest amid broader market volatility. The volume contraction suggests a temporary pullback from speculative positioning, though the stock’s positive close indicates sustained long-term confidence among institutional holders.

To construct this daily-rebalanced strategy accurately, several clarifications are required prior to executing the back-test:

1. Market universe – Should the strategy screen all primary-listed U.S. common stocks (approximately 3,500 names), or focus on a different universe (e.g., only S&P 1500, only NASDAQ, or only China A-shares)?

2. Weighting – Should the top 500 names be equally weighted each day, weighted by volume proportionally, or another method?

3. Trading frictions – Should the back-test assume zero commission and slippage, or incorporate a cost (e.g., 2 basis points per trade)?

4. Pricing – Should returns be calculated using close-to-close prices (entering at today’s close and exiting at tomorrow’s close), or another pricing method such as open-to-close?

5. Rebalance calendar – Should the strategy rebalance on every exchange trading day from January 3, 2022, through today?

Once these parameters are defined, the data can be retrieved, the daily “top-500-by-volume” lists can be constructed, and the back-test can be executed.