Okta Gains 1.47% on $250M Turnover But Ranks 446th in U.S. Equity Volume

Generated by AI AgentAinvest Volume Radar
Thursday, Sep 25, 2025 6:25 pm ET1min read
OKTA--
Aime RobotAime Summary

- Okta (OKTA) rose 1.47% on Sept 25 with $250M turnover, ranking 446th in U.S. equity volume.

- No direct corporate announcements drove the move, reflecting broader market dynamics and investor activity.

- Strategy back-testing requires clarifying parameters: stock universe definition, execution pricing rules, and transaction cost assumptions.

- Two viable approaches emerge: using S&P 500 proxies (RSP/SPY) or single-stock analysis triggered by high-volume days.

Okta (OKTA) rose 1.47% on September 25, with a trading volume of $0.25 billion, ranking 446th among U.S. equities. The stock’s performance reflects investor activity amid broader market dynamics, though no direct corporate announcements or partnerships were reported to influence the move.

To rigorously back-test the strategy, clarification is required on key parameters. The universe definition must specify whether the "top 500 stocks by daily trading volume" includes all U.S. common stocks or a narrower list like the S&P 500. Execution pricing conventions also need alignment—whether trades occur at the next day’s open or close. Transaction costs are assumed zero unless stated. Given current engine capabilities, two approaches are viable: using an S&P 500 proxy (e.g., RSP or SPY) or narrowing the study to a single stock with "high-volume days" as triggers. Confirmation on these details will enable the back-test execution.

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