NRG Energy's $370M Volume Plunges 34.9% to 314th in Liquidity Amid Strategic Reviews and Market Jitters

On September 11, 2025, , . , reflecting reduced investor engagement amid broader market dynamics.

Recent developments suggest mixed sentiment toward the company’s operational outlook. Analysts noted muted trading interest coinciding with ongoing strategic reviews of renewable energy projects. While no direct earnings or operational updates were disclosed, sector-specific macroeconomic pressures appear to have amplified volatility in the name. Market participants remain cautious ahead of potential regulatory announcements that could reshape industry positioning.

To run this back-test accurately I need to pin down a few practical details that weren’t specified: 1. Market / universe • U.S. listed common stocks (NYSE + NASDAQ)? • Another regional market? 2. Weighting • Equal-weight each of the 500 names for the 1-day holding period (typical in academic studies)? • Or weight by traded dollar volume / market-cap? 3. Rebalancing & costs • Rebalance every day at the close, hold 1 trading day, exit at next-day close (standard interpretation)? • Ignore transaction costs and slippage, or include an explicit cost assumption?

Default assumptions I’ll use if you simply reply “run with defaults”: • Universe: all U.S. . . • Portfolio: equal-weight, enter at today’s close, . • No explicit transaction cost or slippage. .