Howmet Aerospace Shares Climb 1.57% on 31% Volume Surge to 205th Rank as High-Volume Momentum Strategy Outperforms Benchmark by 137%

On July 30, 2025, Howmet Aerospace (HWM) saw a 1.57% rise in share price, with a daily trading volume of $0.57 billion—a 31.29% increase from the previous day. The stock ranked 205th in trading activity among listed equities, reflecting heightened short-term investor interest in the aerospace sector.

While no earnings-related content was accessible for the 2025 preview, the stock’s performance aligns with broader volume-driven momentum strategies. Historical backtesting of a one-day holding approach targeting top 500 high-volume stocks from 2022 to July 30, 2025, yielded a 166.71% total return. This significantly outperformed the benchmark’s 29.18% return, generating a 137.53% excess return and a 31.89% compound annual growth rate (CAGR). The strategy demonstrated consistent capital appreciation potential across multiple liquid equities, underscoring the role of liquidity and market sentiment in driving short-term gains.