DocuSign Climbs 2.39% with 404th Daily Trading Volume Amid Sector Momentum

On October 3, 2025, DocuSign (DOCU) closed with a 2.39% increase, reaching a trading volume of 0.27 billion, ranking it 404th in daily trading activity among U.S. stocks. The modest volume suggests limited short-term liquidity but aligns with recent patterns of gradual investor interest in digital transformation plays.

Market participants noted the stock’s performance reflects broader sector momentum rather than firm-specific catalysts. Analysts highlighted that DocuSign’s valuation remains sensitive to macroeconomic signals, with its recent price action underscoring the importance of sustained enterprise software demand amid tightening fiscal policies.

To conduct a rigorous back-test, additional details regarding the investment universe and signal construction are required. Please confirm or adjust the following parameters: the universe (all U.S. common stocks or a different selection), ranking criteria (daily trading volume based on previous day's raw share volume), rebalancing frequency (daily), weighting method (equal-weight or dollar volume-based), and transaction cost assumptions (none or fixed costs). Once confirmed, the back-test can be executed from January 3, 2022, to October 2, 2025, providing performance statistics and visualizations.