Roblox Shares Edge Higher on $0.82 Billion Volume, Ranking 138th in U.S. Turnover

On September 24, 2025, Roblox (RBLX) closed with a 0.69% gain, trading on $0.82 billion in volume, ranking 138th among U.S. equities by dollar turnover. The stock's performance followed mixed market sentiment toward metaverse-related assets amid broader tech sector consolidation.

Recent investor focus has centered on Roblox's strategic partnerships in virtual event hosting and education tool development. Analysts noted limited catalysts in the short term, with earnings guidance and user growth metrics expected to remain key near-term drivers. Institutional buying pressure appeared muted, with trading activity concentrated among retail investors.

To run this back-test accurately I need a few extra details: 1. Universe. • Do you want to screen all US-listed stocks, or limit the list to a specific universe (e.g., S&P 500 constituents, Russell 3000, etc.)? 2. "Daily trading volume." • Should the ranking be based on share volume or dollar volume (price × shares)? • Do you want the ranking done at the close and the trade executed at the next day's open, or buy at the same-day close? 3. Trade mechanics. • Entry price: open or close? • Exit price after one day: next day’s open or next day’s close? • Any transaction costs or slippage to include? 4. Capital allocation. • Equal-weight the 500 names each day? • Re-invest all proceeds daily (full turnover), or keep initial capital constant? Once these points are clarified I can generate the signals and run the back-test from 2022-01-01 to today.