Pan's $250M Volume Drags It to 463rd in Trading Activity Amid Regulatory Uncertainty
Pan closed at a volume of $0.25 billion on October 2, 2025, ranking 463rd in trading activity among listed stocks. The stock ended the session with a 0.23% decline, reflecting mixed sentiment in the market.
Recent developments highlight shifting investor focus toward sector-specific dynamics. Analysts noted that macroeconomic data released in the prior week failed to provide clear directional cues, leading to fragmented trading patterns. A key factor influencing Pan’s performance was a regulatory update impacting its core operations, though details remained unspecified in public filings. This uncertainty contributed to a cautious stance among institutional investors.
Market participants also observed a broader trend of reduced liquidity in mid-cap equities. With trading volumes across the S&P 500 averaging 8.2% below their 30-day moving average, algorithmic trading activity showed a 12% contraction compared to the previous month. This environment pressured smaller-cap names disproportionately, including Pan, which lacks the capitalization to benefit from large-scale inflows.
To set up this back-test precisely there are a few practical details we need to pin down: 1. Market universe • Do you want to draw the “top-500 by trading volume” from all U.S.–listed shares (NYSE + NASDAQ), or from another market/universe? 2. Weighting scheme • Equal-weight (every selected stock gets the same dollar allocation) • Volume-weighted or market-cap-weighted 3. Execution price and timing • Buy at today’s close, sell at tomorrow’s close (Close→Close) – most common for 1-day holding tests • Buy at tomorrow’s open and sell at tomorrow’s close (Open→Close) • Something else? 4. Transaction costs / slippage • Specify a round-trip cost (e.g. 10 bps in & 10 bps out) or leave at zero Once these items are confirmed I can generate the data retrieval plan and run the back-test.

Hunt down the stocks with explosive trading volume.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet