Keurig Dr Pepper Shares Soar 1.06% as Volume Surges 50.67% to $0.5 Billion Ranking 228th in Trading Activity

On October 9, 2025, , . .

Recent developments suggest heightened market interest in KDP’s liquidity profile. The surge in volume indicates potential strategic positioning by institutional investors or algorithmic traders capitalizing on short-term volatility. Analysts note the absence of material corporate actions or regulatory updates to explain the move, pointing instead to broader thematic flows in beverage sector liquidity dynamics.

To rigorously back-test this cross-sectional strategy, several implementation parameters require clarification: 1. **Market universe**: Should the selection be limited to U.S.-listed common stocks (NYSE + NASDAQ) or include ETFs and ADRs? 2. **Ranking convention**: Will the "top 500 stocks by daily trading volume" be measured by share count or notional dollar volume? 3. **Trading mechanics**: Should rebalancing occur daily at market close with equal-weight positions liquidated the following day? 4. **Benchmarking**: Will performance be compared to SPY or presented as standalone metrics (CAGR, volatility, Sharpe ratio)? 5. **Data sources**: Preferred vendors (e.g., CRSP, Quandl) or standard adjusted data?

Resolving these parameters will enable a comprehensive back-test from January 2022 to the latest close, generating daily portfolio returns and evaluating the strategy’s viability under specified constraints.