ODFL Traders in the Shadows of Broader Volatility 230M Turnover Secures 477th Liquidity Rank

Old Dominion Freight (ODFL) closed on Sept. , , ranking 477th among U.S. equities by liquidity. The stock's muted performance contrasted with broader market volatility, as investors focused on sector-specific catalysts amid mixed earnings reports.

Analysts noted limited near-term drivers for ODFL, with no material updates on contract renegotiations or freight rate adjustments reported in recent filings. The carrier's volume growth remained within historical ranges, failing to trigger significant institutional positioning shifts. , suggesting reduced bearish conviction.

The back-test methodology outlines a systematic approach for a 500-ticker U.S. . Implementation parameters include daily selection based on prior close volume, with positions held for one trading day. Position sizing defaults to equal weighting unless specified otherwise. The framework allows for benchmark comparisons against SPY but requires final confirmation on universe constraints and execution timing preferences before generating signal files for the 2022-2025 period.