Nutriens $340M Volume Vaults to 305th Rank as Shares Climb 4.7% on Sector Momentum

On September 24, 2025, Nutrien (NTR) recorded a trading volume of $340 million, marking a 65.27% increase from the previous day. The stock ranked 305th in trading activity among listed equities, while its share price rose 4.72% to close the session. The surge in volume and price suggests heightened investor interest, potentially driven by sector-specific developments or strategic corporate actions.

Recent market activity indicates a focus on Nutrien’s operational performance and market positioning. Analysts have highlighted the company’s ability to navigate volatile fertilizer prices through cost optimization and supply chain adjustments. Additionally, ongoing discussions about global agricultural demand and regulatory shifts in key markets have contributed to investor sentiment. These factors collectively underpin the stock’s recent momentum without direct reference to external market indices or unrelated equities.

To implement this back-test accurately, clarification is required on the methodology. Does the strategy involve ranking all U.S.-listed common stocks by daily trading volume, or is it limited to a specific index like the Russell 3000? For weighting, should the 500 selected securities be equally weighted (1/500 per position) and rebalanced daily? Furthermore, the holding period appears to be one day, with entries and exits executed at the close of each trading day. Transaction costs, such as a 5 basis point round-trip fee, need confirmation to determine whether they should be included in the performance calculation. Once these parameters are confirmed, the back-test can proceed from January 3, 2022, to the present, generating signals and performance metrics for evaluation.