A Beverage and Alcohol Stock Screen Using Price Range and Price Filters

Summary

This document describes a stock screen combining a daily price-range condition, a low share-price cutoff, and a positive value for a field associated with beverage and alcohol imports and exports. The formula reference also includes a minimum trading-amount filter. The accompanying explanation treats the export-import field as a fundamental or industry-related input and suggests using cleaner data and adding measures such as profitability, growth, and valuation.

The document cautions that market uncertainty and data quality can make the fundamental signal unreliable. It provides no backtest, returns, benchmark, or evidence that the combined conditions identify attractive stocks. Its Python example introduces MACD confirmation even though that condition is absent from the stated screen and formula, creating an inconsistency that should be resolved before implementation. The meaning and units of the import-export field also need clarification, and the screen does not define position sizing, exits, or portfolio controls.

Key ideas

• The proposed screen combines a daily price-range threshold, a share-price ceiling, and a positive beverage and alcohol trade-related field.
• The formula reference includes a minimum trading-amount condition as well.
• The Python example adds MACD confirmation, which is not part of the stated screening logic.
• The author recommends reliable data handling and additional company fundamentals for broader assessment.
• No empirical performance evidence or portfolio risk rules are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.