Centrus Energy's Strategic Shift Fuels 9.61% Surge as $0.35 Billion Volume Propels It to 314th in U.S. Equity Trading

On September 15, 2025, , . equities. The rally followed a strategic shift in production focus toward uranium enrichment technologies, with analysts noting improved operational efficiency metrics in the quarter.

Market participants highlighted the stock's liquidity spike as a key driver of momentum, with institutional activity intensifying ahead of quarterly earnings. , though analysts cautioned that sustainability depends on near-term supply chain resolution for critical components.

To set up a rigorous back-test I need to pin down a few practical details about the “top-500-by-volume” universe and the trading assumptions: 1. Universe • Are we looking only at U.S. listed common stocks (NYSE + NASDAQ + AMEX), or a different exchange set? • Should we exclude very low-priced “penny” stocks (e.g., <$1)? • Do ADRs/ETFs stay in or out? 2. Ranking & rebalancing rule • Rank by the previous trading day’s total dollar volume or share volume? • Buy at next day’s open and liquidate at that day’s close (i.e., one calendar-day hold), or buy/hold one full trading day (open→next day open, etc.)? 3. Portfolio construction • Equal‐weight across the 500 names daily? • Ignore transaction costs/slippage, or apply a cost estimate? 4. Benchmark / performance metrics • Any benchmark you’d like to compare against (e.g., SPY)? • Key metrics of interest besides raw CAGR and max drawdown? Once I have these specifics I can generate the data-retrieval plan and run the back-test for 2022-01-03 through today.