Constellation’s $330M Volume Ranks 345th as Sector Underperformance Drives 0.55% Drop

On September 25, 2025, Constellation (STZ) recorded a trading volume of $330 million, ranking 345th among U.S. equities. The stock closed 0.55% lower, reflecting a subdued market sentiment despite moderate liquidity activity. Analysts noted the decline aligned with broader sector underperformance in energy and beverage stocks, though no material news directly tied to the company’s operations was reported during the session.

Recent developments affecting the stock included adjustments in energy commodity pricing dynamics, which indirectly influenced investor positioning in energy-related equities. Market participants observed that shifting expectations around renewable energy adoption and regulatory frameworks contributed to a cautious trading environment. However, no specific operational updates or earnings guidance from Constellation were cited as catalysts for the move.

To run this back-test accurately, clarification is required on key parameters: the universe scope (e.g., U.S. listed common stocks), weighting rules (e.g., equal-weight distribution of 0.2% per position), and transaction cost assumptions (e.g., 1 basis point per side). Once these details are confirmed, the back-test will be executed from January 3, 2022, through the current date to assess performance metrics.