A-Share Screen Using Turnover, K Value, and Prior-Day Low

Summary

This post describes an A-share stock screen combining turnover between 3% and 12%, a K value below 20, and a current close above the previous session’s low. It presents the conditions as a way to identify stocks with potential for short-term gains, then recommends adding financial and industry filters for a longer-term selection process.

The article includes example indicator and Python snippets, but supplies no backtest, performance evidence, or validation of the proposed signals. Its own caveats are that the screen relies on short-term price behavior, omits other drivers of returns, and may not reflect company fundamentals. The accompanying code and formula also leave ambiguities in how the K measure, turnover field, and some fundamental comparisons are defined, so the screen would need careful implementation and testing before use.

Key ideas

• The screen combines turnover from 3% to 12%, K below 20, and a close above the prior session’s low.
• The post suggests adding financial condition and industry context to the technical filters.
• It warns that short-term indicators may not capture fundamentals or other influences on prices.
• No backtest or performance evidence is provided, and some implementation details are unclear.

Tags

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