Target's 0.82% Rally Driven by $870M Volume Surge Secures 122nd in U.S. Liquidity Rankings

On September 11, 2025, , . . equities in terms of liquidity, signaling heightened investor interest in the retail giant's recent developments.

Recent market activity reflects mixed sentiment toward Target's strategic initiatives. A notable catalyst emerged from the company's announced expansion of its private-label product line, which analysts suggest could enhance gross margins by differentiating its offerings against competitors. However, concerns linger regarding supply chain disruptions affecting inventory replenishment rates, particularly in high-demand categories like seasonal merchandise.

Investor positioning appears influenced by evolving consumer behavior patterns observed in Target's core markets. , driven by enhanced omnichannel logistics. This shift has prompted institutional investors to reassess the stock's risk profile, .

To run this back-test accurately I need to pin down a couple of details: 1. Stock universe • Do you want to screen the entire U.S. equity universe (≈ 4-5 k names) each day, or limit the search to a specific group (e.g., the current S&P 500 constituents)? 2. Weighting method • Equal-weighting the 500 names each day is the usual approach. Is that acceptable? 3. Data granularity • Daily close prices and daily volume are the standard inputs. OK to use those? 4. Transaction costs • Should we include a round-trip cost assumption (e.g., 5 bp per trade) or ignore costs? Once these points are confirmed I’ll fetch the data, build the daily “top 500-by-volume” portfolio, .