Lumentum Rises 5% as Trading Volume Slumps 28% to 195th U.S. Equity Rank Amid Mixed Investor Sentiment

. 18, , . . equities, indicating mixed market participation despite the upward price move.

Recent developments suggest renewed investor interest in the optical technology firm, though volume contraction highlights caution. The price action aligns with broader sector trends where demand for high-speed connectivity solutions remains a key driver. .

To run this back-test accurately I need to confirm a few practical details first, because the way we implement the trade signals (and even the data universe) will materially affect the results: 1. Universe • Which market do you want to rank? (e.g., all U.S. common stocks, only S&P 500 constituents, China A-shares, etc.) • If the universe is “all U.S. stocks,” do you still want exactly the top 500 names by daily dollar volume every day? 2. Trade mechanics • Do we buy the basket at today’s close and exit at tomorrow’s close (1-day holding period), or buy at tomorrow’s open and exit at tomorrow’s close? • Do you want an across the 500 names or weight them by volume / market-cap? 3. Practical limitation Our current back-test module evaluates a single ticker or a single composite price series. For a multi-stock basket we can: a) Approximate the basket with an equal-weight (still feasible, but we must construct that price series first), or b) Narrow the scope to a representative ETF or index if one satisfies your goal.