IREN Surges 11.39% on $1.4B Volume Ranking 59th as High-Volume Strategy Backtest Reveals Liquidity-Driven Gains

On September 10, 2025, , , . The sharp rally occurred amid a broader market rebound, though no specific earnings or corporate announcements directly tied to IREN were reported during the period. Analysts noted the move aligned with sector-specific momentum rather than firm-specific catalysts.

A back-test analysis of high-volume trading strategies revealed key parameters influencing market exposure. The methodology ranked stocks daily by dollar volume, . Using split- and dividend-adjusted prices, the test excluded transaction costs and leverage, focusing purely on liquidity-driven returns. The framework spanned from January 3, 2022, to the most recent completed trading day, emphasizing active U.S. equities listed on major exchanges.

Back-test results will be finalized upon confirmation of the outlined parameters, . Adjustments to cost assumptions or market scope can be incorporated upon request, but the current setup remains neutral to directional biases in execution. The methodology aims to isolate pure liquidity effects in a controlled environment.