Royal's 126.86% Trading Volume Spike Elevates It to 180th in Market Activity as Stock Outperforms Broader Trends

On September 19, 2025, , . , outperforming broader market trends.

Recent developments highlight strategic initiatives reshaping the company’s operational framework. A key focus has been on fleet modernization, . These additions align with regulatory shifts toward carbon-neutral operations in the maritime sector, positioning Royal to capitalize on long-term demand recovery.

Analysts noted that the stock’s performance reflects investor confidence in the company’s ability to navigate post-pandemic challenges. A recent partnership with a major European port authority to expand luxury cruise offerings has been cited as a catalyst for near-term growth. However, , including rising fuel costs and currency fluctuations, remain under close scrutiny.

To run this back-test rigorously, I need to clarify a couple of points and confirm the assumptions we’ll use: 1. Weighting method—Should the 500 names be held in equal weights each day (i.e., , or do you prefer volume-weighted / cap-weighted positions? 2. Universe scope—Do we restrict the selection pool to a specific exchange (e.g., US-listed common stocks only) or take all globally listed equities that have volume data? Are ADRs, ETFs, and closed-end funds included or excluded? 3. Trading calendar & execution price—I’ll assume we form the portfolio with that day’s closing data, , . If you want a different convention (e.g., , , let me know. 4. Transaction costs & slippage—Do you want to include fixed costs (e.g., ? Once I have those details, I can build the data-retrieval plan and run the strategy back-test.