ONEOK Falls 0.22% on $230M Turnover Ranks 488th in U.S. Trading Amid Sector Pressures

Generated by AI AgentAinvest Volume Radar
Monday, Oct 6, 2025 6:12 pm ET1min read
OKE--
Aime RobotAime Summary

- ONEOK (OKE) fell 0.22% on Oct 6, 2025, with $230M turnover, ranking 488th in U.S. trading.

- The decline mirrored midstream energy sector pressures from macroeconomic and regulatory factors.

- Analysts noted stable liquidity but highlighted its mid-cap status in a fragmented market.

- Backtesting requires defining universe scope and trade execution timing for accurate multi-asset strategies.

On October 6, 2025, ONEOKOKE-- (OKE) closed with a 0.22% decline, trading on a volume of $230 million, ranking 488th among U.S. stocks by daily turnover. The energy infrastructure firm’s performance reflected broader sector pressures amid shifting market dynamics.

Analysts highlighted that ONEOK’s modest decline aligned with investor caution in midstream energy names, as macroeconomic signals and regulatory developments continued to influence sector sentiment. The stock’s liquidity profile, while stable, underscored its position as a mid-cap player in a fragmented market environment.

For backtesting purposes, clarifying two key parameters is essential: (1) the universe definition—whether testing against a broad U.S. equity index or a curated high-volume stock basket—and (2) the execution convention for trade signals (e.g., closing prices versus open-to-close timing). These factors will determine the accuracy of portfolio simulations and return aggregation for multi-asset strategies.

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