Riot Platforms Soars 7.82% on Strategic Inclusion in High-Frequency Basket Hits 880M Volume at No 125 in U.S. Rankings

, , ranking 125th among U.S. equities. The surge followed a strategic rebalancing of its high-frequency trading basket, which included RIOT in its top 500 names by dollar volume. The stock's inclusion in the daily-rebalanced portfolio contributed to its strong performance, as positions were equally weighted and liquidated at the next day's close.

Market activity remained concentrated in liquid stocks, with RIOT benefiting from its position in the top-tier basket. The methodology, which selects the largest 500 names by daily trading volume and executes trades at the next session's open, amplified short-term volatility for high-volume equities. This approach excludes penny stocks and halted securities, ensuring liquidity for the strategy.

Performance metrics for the back-test include daily and cumulative returns, annualized volatility, Sharpe ratio, and maximum drawdown, benchmarked against the S&P 500. The test assumes no transaction costs or slippage, though these parameters can be adjusted in future iterations. .