A Chinese Equity Screen Combining Weekly Moving Averages and Convertible Bonds

Summary

The proposed Chinese stock screen combines a weekly moving-average trend condition, a minimum price-range threshold, and the presence of an outstanding convertible bond name. The post also gives example formulas and a Python outline for filtering exchange-listed shares, calculating weekly averages, and checking recent price ranges. The stated rationale is to combine price movement with a trend filter and a convertible-bond-related company attribute.

The examples are not fully consistent: the prose describes a weekly close crossing above a 30-week average, while the formulas compare moving averages at several points and include a 60-week average condition. The Python example also retrieves financial data and excludes some stocks based on dividend information. The author warns that the rules omit valuation and broader fundamentals and rely on historical prices, and suggests combining them with other indicators or fundamental data. No backtest results or evidence of predictive performance are supplied.

Key ideas

• The screen combines weekly moving-average conditions, a price-range threshold, and a convertible-bond listing attribute.
• The post supplies example formula and Python implementations, but their conditions do not exactly match the prose description.
• The author identifies limited fundamental coverage and reliance on historical data as risks.
• No backtest evidence is provided to establish the screen's effectiveness.

Tags

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