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On October 10, 2025,
(DELL) closed with a 3.45% decline, trading volume of $1.80 billion ranked it 60th among U.S. equities. The drop occurred amid broader market volatility and sector-specific pressures, though no immediate company-specific catalysts were reported.The stock’s performance reflected broader challenges in the tech sector, including cautious investor sentiment toward capital-intensive hardware providers. Analysts noted that Dell’s recent earnings guidance, while in line with expectations, lacked significant upside momentum to drive short-term optimism. Market participants also highlighted macroeconomic uncertainties, including interest rate expectations, as a drag on risk-on assets.
Strategic shifts in enterprise IT spending patterns remain a focal point for investors. Recent industry reports indicate a slowdown in large-scale data center expansions, which could pressure Dell’s revenue streams. However, the company’s hybrid cloud and AI infrastructure initiatives continue to attract long-term interest, balancing near-term headwinds.
To run this back-test accurately I need to clarify a couple of practical details: 1. Universe • Do you want to rank all U.S. listed common stocks each day, or limit the universe (e.g., S&P 500 constituents)? 2. Execution price • Buy at today’s close and sell at tomorrow’s close? (This is the usual “hold one day” convention, but please confirm.) 3. Weighting & rebalancing • Equal-weight the 500 names each day, rebalancing daily? 4. Transaction costs / slippage • Should we assume zero costs, or include a per-trade cost? 5. Date range • OK to use 2022-01-01 through the most recent available trading day (2025-10-10)? Let me know, and I’ll set up the back-test.

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