Fox (FOXA) Surges 1.05% on $240M Volume, 434th in Daily Rankings as Volume-Driven Strategies Evaluated

On September 18, 2025, , , . The stock’s performance was influenced by strategic investor positioning amid broader market volatility, with volume-based momentum strategies showing heightened activity in the sector. Analysts noted that the price movement aligned with short-term liquidity dynamics, though long-term fundamentals remained unchanged.

The back-test methodology outlined by market researchers involves constructing a daily portfolio by selecting the top 500 stocks based on trading volume, executing trades at day’s close, and liquidating positions the following day. , , . Key parameters include defining the stock universe, , and accounting for transaction costs. .

Implementation of the back-test requires precise data inputs to ensure accuracy. Researchers must clarify whether the universe includes all U.S.-listed equities, S&P 500 components, or a narrower subset. Additionally, . Once parameters are finalized, .