CSX Gains 0.75% Despite Ranking 101st by Trading Volume as High-Turnover Strategies Show 6.98% Annual Return but 15.46% Drawdown

On August 14, 2025, CSX Transportation (CSX) rose 0.75% with a trading volume of $0.86 billion, ranking 101st among stocks by daily liquidity. The session saw moderate participation compared to broader market benchmarks, suggesting limited short-term catalysts driving the move.

While no direct operational or partnership updates were disclosed in accessible reports, the absence of material news suggests the price action may reflect broader sector positioning or technical trading dynamics. The carrier’s performance remained isolated from macroeconomic announcements or industry-specific developments during the period.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 generated a compound annual growth rate of 6.98%. However, the approach experienced a maximum drawdown of 15.46% during the backtest period, with a notable correction in mid-2023 underscoring the need for risk mitigation in high-turnover strategies.