Ares Management Plummets 2.92% on $370M Volume—Ranks 300th in Market Activity Amid Technical Jitters
On September 25, 2025, Ares ManagementARES-- (ARES) closed down 2.92% with a trading volume of $0.37 billion, ranking 300th in market activity. The decline occurred amid mixed market sentiment as investors assessed broader economic signals and sector-specific dynamics. Despite a subdued day for the asset management sector, Ares' performance remained distinct from peers, with its liquidity profile and order flow metrics drawing attention from algorithmic traders tracking volume patterns.
Analysts noted that the stock's intraday trajectory reflected heightened sensitivity to short-term capital flows. The volume-to-price divergence observed in morning sessions suggested institutional activity, though no material earnings updates or regulatory changes were reported to directly impact the firm. Technical indicators showed bearish momentum formation, with the 20-day moving average acting as a key resistance level. Market participants emphasized the importance of upcoming macroeconomic data releases in determining near-term directional bias.
To run this properly I need to nail down a couple of practical details: 1. Universe – which market do you want to screen? • U.S. listed common stocks (NYSE + NASDAQ)? • A different market or a custom list? 2. Ranking day vs. execution day – when are we allowed to know “today’s” trading volume? • Use yesterday’s volume to decide what to buy at today’s open (typical realistic implementation). • Or, for a purely illustrative back-test, assume we somehow know the same-day volume and buy at the same close (this is not feasible in live trading). 3. Entry/exit prices – should we: • Buy at each day’s open and exit at the next day’s open? • Buy at the close and exit at the next day’s close? • Something else? 4. Weighting – equal-weight across the 500 names (standard) or volume-weighted / cap-weighted? Once I have these, I can generate the data-gathering plan and run the back-test.

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