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On October 8, 2025,
(ARE) closed down 3.68% with a trading volume of $260 million, ranking 429th in market activity. The decline follows recent reports indicating a potential slowdown in demand for industrial real estate assets, which has raised concerns about the company’s long-term growth trajectory.Analysts noted that Alexandria’s strategic review of underperforming properties and its focus on repositioning high-occupancy assets have introduced short-term volatility. While the firm has historically benefited from strong tenant retention in its tech and life sciences sectors, recent market commentary highlights a cautious outlook amid shifting economic conditions. This has led to increased scrutiny of its capital allocation strategies and dividend sustainability.
To structure an accurate back-test I need to clarify a few practical details: 1. Market universe • Are we looking at all U.S. listed common stocks (NYSE + NASDAQ + AMEX) or a different universe? 2. Trade timing • Do we “enter” at the same-day close and “exit” at next-day close, or enter at next-day open and exit at next-day close? • Which price series do you want to benchmark with (close-to-close, open-to-close, etc.)? 3. Weighting of the 500 names • Equal-weight each stock every day? • Or weight by dollar volume or some other scheme? 4. Transaction costs / slippage • Should I ignore them (pure gross return) or apply a standard cost assumption (e.g., 5 bp per leg)? 5. Benchmark • Would you like the strategy’s performance compared with any particular index (e.g., S&P 500)? Once I have these points confirmed I can generate the daily portfolio signals and run the back-test from 2022-01-01 through today.

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