High-Volume Stocks Outperform with 166.71% Return as ONEOK Ranks 454th in Trading Activity

On August 7, 2025, ONEOK (OKE) traded with a volume of $260 million, a 27.96% decline from the previous day, ranking 454th in trading activity across the market. The stock closed 0.33% higher, reflecting modest investor interest amid broader sector dynamics.

Backtested performance data highlights the potential of liquidity-driven strategies in volatile markets. A strategy purchasing the top 500 stocks by daily trading volume and holding them for one day generated a 166.71% return from 2022 to the present, significantly outperforming the 29.18% benchmark. This underscores how concentrated liquidity in high-volume stocks can amplify short-term gains, particularly during periods of market turbulence.

Market volatility has amplified the impact of liquidity concentration, enabling such strategies to capitalize on sustained investor demand and momentum. However, the effectiveness of this approach remains conditional on broader economic environments, requiring careful consideration of market structure and risk tolerance.

The strategy’s 166.71% return from 2022 to the present outperformed the benchmark by 137.53%, demonstrating the role of liquidity in driving short-term price movements, especially in volatile conditions.