VICI Slumps 1.43% on $290M Turnover as Strategic Uncertainty Weighs on 373rd-Ranked Stock

, 2025, , ranking 373rd among active U.S. stocks. The decline followed mixed signals from market participants evaluating the company's strategic direction amid shifting real estate dynamics.

Recent developments highlighted a focus on operational efficiency, with analysts noting the firm's ongoing efforts to optimize its portfolio of casino-related properties. While no immediate catalysts were identified, the broader sector remains sensitive to , including interest rate expectations and consumer spending trends.

Investor sentiment was further tempered by the absence of near-term earnings guidance or material capital allocation updates. The stock’s performance aligns with sector-wide caution, as investors await clarity on potential impacting gaming and entertainment assets.

To perform this back-test accurately I need a few additional details: 1. Trading universe • Do you want to rank “all U.S. listed common stocks” each day, or limit the universe (e.g., S&P 1500 constituents, NASDAQ + NYSE only, etc.)? 2. Trade execution rule • Should the portfolio be opened at the same day’s close (i.e., rank at 15:59 and trade at 16:00) or at the next day’s open? • Positions are to be closed after exactly one trading day – should that be at the next day’s close or at its open? 3. Weighting method • Equal-weight across the 500 names, or volume-weighted / cap-weighted? 4. Transaction costs • Should we include an estimate of commissions/slippage, or assume zero? Once these are clarified I can assemble the data retrieval and run the back-test.