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Workday (WDAY) closed on Sept. 30, 2025, , marking its lowest daily close since [redacted]. , , ranking the stock 175th among U.S. equities by turnover. The underperformance contrasted with broader market resilience amid mixed macroeconomic signals ahead of the Federal Reserve's policy decision window.
noted the volume contraction may reflect reduced short-term speculative activity, though institutional positioning remains unclear. , suggesting potential near-term profit-taking or strategic portfolio rebalancing. are closely monitoring earnings expectations for the upcoming quarter, .
To execute a rigorous back-test, . common stocks or focus on a specific index? ? . , , . , ? 4) What transaction cost assumptions apply (e.g., ? ? Once these details are finalized, , volatility, .

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