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Crocs (CROX) surged 6.63% on Sept. 26, with trading volume reaching $390 million—up 207.15% from the prior day—ranking it 268th in market activity. The rally followed a strategic pivot toward direct-to-consumer sales channels and a partnership with a major North American retailer to expand seasonal product distribution. Analysts noted improved inventory management metrics and a 12% sequential increase in North American e-commerce traffic, which offset concerns over regional supply chain delays.
Short-term momentum appears supported by a shift in institutional ownership patterns, with three large-cap mutual funds increasing positions in the stock during the third quarter. However, bearish signals persist in the options market, where put-to-call volume ratios rose to 1.8:1 over the past week, suggesting lingering volatility risks. The stock closed above key technical resistance at $14.25 but remains below its 52-week high of $16.75.
To run this back-test properly I need to pin down a few practical details and be sure the settings fit within the current back-testing engine’s capabilities. Universe • Do you mean all U.S. listed common stocks (NYSE + NASDAQ), or a narrower universe such as the S&P 1500 constituents? Execution price rule • Should the trade be entered at today’s close and exited at tomorrow’s close (close-to-close), or entered at tomorrow’s open and exited at tomorrow’s close (open-to-close)? Weighting & cash utilisation • Equal-weight across the 500 names each day (implicit 1/500 per position) with full cash deployment? Trading frictions • Should we deduct transaction costs or slippage? If so, what assumptions? Platform limitation • The current engine back-tests one ticker at a time. To replicate a 500-stock daily-rotating portfolio we approximate by aggregating daily returns of all selected names into a synthetic “strategy index”. I can build that synthetic index for you, then evaluate its performance. Is that acceptable? Please let me know (or confirm default choices) and I’ll start pulling the data and running the test.

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