Dell's 267th-Ranked $680M Volume Hinges on Cloud Demand vs. Macroeconomic Pressures

. 19, 2025, , ranking 267th among U.S. equities. The stock's muted performance followed a mixed earnings report earlier in the month, where the company highlighted sustained demand for its hybrid cloud solutions but cautioned about macroeconomic headwinds in key markets. Analysts noted the stock's vulnerability to sector-wide volatility amid ongoing debates over enterprise IT spending cycles.

Recent strategic updates included the expansion of its partnership with VMware, reinforcing its position in the market. However, mixed sentiment emerged from a regulatory filing disclosing potential delays in the integration of its latest division, which had previously been positioned as a growth catalyst. appeared cautious, .

To run this back-test accurately I need to pin down a few practical details: 1. Universe • Do you want to screen all U.S.–listed common stocks, a specific index membership (e.g., Russell 3000), or another universe? 2. Re-balancing timing • Use the previous day’s volume ranking and enter at today’s open (exit at today’s close), or rank/enter at the close? 3. Weighting & capital • Equal-weight each of the 500 names, or weight by something else (e.g., volume share, dollar turnover)? 4. Transaction assumptions • Any commission/slippage assumptions to include? 5. Performance currency • U.S. dollars (USD) is assumed—please confirm. Once these are set I’ll automate the data pull, build daily buy/close signals, and run the back-test from 2022-01-03 through today’s close.