A-Share Screen for Turnover, Daily Gains, and Prior-Year Leaders

Summary

This document describes an A-share stock screen combining turnover of 3%–12%, a daily gain above 1%, main-board listing, and a top-50% return rank for 2021. It explains the turnover band as a way to focus on active stocks while avoiding extreme activity, and treats the daily gain and historical performance rank as signs of near-term strength. The page also suggests adding technical and fundamental measures, including MACD, RSI, earnings growth, and return on equity, to broaden the selection criteria.

The article provides indicator and Python examples, but their implementation does not cleanly match the stated screen: the code uses different conditions or proxies for parts of the logic, including its historical-return calculation. No backtest results or performance evidence are presented. The stated lookback centers on a single calendar year, which may miss companies with longer-term strength, and the screen alone does not establish future returns or account for transaction costs. The examples should therefore be checked against the intended rules before use.

Key ideas

• The stated screen combines a 3%–12% turnover range with a daily gain above 1%.
• It restricts the universe to main-board stocks and ranks candidates by their 2021 returns.
• The article proposes adding technical and fundamental measures to complement the price screen.
• The example code does not fully implement the written selection rules and requires verification.

Tags

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