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On September 25, 2025, The stock traded with a volume of $1.04 billion, representing a 21.18% decline from the previous day's activity. The ticker ranked 94th in terms of trading volume among U.S. equities. Meanwhile, Home Depot (HD) experienced a 0.57% decline in its share price.
Market participants observed muted investor interest in The stock, as evidenced by the significant drop in trading volume. Analysts attributed this trend to broader market caution ahead of key macroeconomic data releases. The reduced liquidity suggests a potential shift in short-term positioning, though long-term fundamentals remain largely unchanged.
To build an accurate back-test I need to pin down a few implementation details and make sure the data universe matches your expectations. Universe definition should clarify whether the ranking covers all U.S.–listed common stocks or focuses on a specific subset. Ranking metric and trade timing parameters require precise definitions regarding volume measurement and execution timing. Transaction costs assumptions and benchmark selection will further refine the back-test methodology.
Once these points are confirmed I can build the data-retrieval plan, generate the daily re-balancing signals and run the back-test from 2022-01-03 to the present.

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