A-Share Screen Combining Price Amplitude, the Five-Day Average, and Revenue Growth

Summary

This stock screen selects shares whose daily high-low amplitude exceeds 1%, whose price is above its five-day moving average, and whose 2021 revenue is more than 1.1 times its 2018 revenue. The proposed rationale is to combine recent price movement, short-term price strength, and historical revenue growth. The document includes example indicator formulas and Python code for combining the conditions.

The article presents no backtest, return analysis, or comparison with alternative screens. It warns that reported revenue can be inflated and that the filters omit other market and company characteristics. The examples also appear inconsistent: the formula labels its amplitude threshold differently from the Python example, and the stated 2021-to-2018 comparison does not clearly align with the sample financial-data retrieval. Data definitions, reporting periods, and threshold units would need to be checked before applying the screen.

Key ideas

• The screen requires amplitude above 1%, price above the five-day moving average, and revenue growth from 2018 to 2021 above a specified ratio.
• Its rationale combines price movement, short-term trend, and company revenue growth.
• The document supplies example formulas and Python code but no performance evidence.
• The examples have unclear or inconsistent threshold units and financial-data periods.

Tags

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