A-Share Screening with a Ten-Day Moving Average and Turnover

Summary

This note describes a Chinese-equity screen limited to the metaverse industry. It looks for stocks opening around the ten-day moving average and with prior-day actual turnover within a stated band. The intended rationale is to combine a price-position condition with a measure of trading activity, in hopes of finding shares attracting capital or showing investment interest.

The document presents indicator logic and sample implementation guidance, but provides no historical test, performance results, or evidence that the screen predicts returns. Its examples also contain inconsistencies: the prose gives one turnover range while the formula uses a different lower bound, and the sample code uses data and dates that do not clearly implement the stated prior-day condition. The author notes that the screen uses few variables, relies mainly on past prices, and may miss fundamentals, policy changes, or sudden events. Additional indicators and fundamental inputs are suggested, but not evaluated.

Key ideas

• The screen first restricts candidates to the metaverse industry.
• It combines an opening price near a ten-day moving average with a prior-day turnover filter.
• The proposed rationale is that turnover may indicate market activity, but the document supplies no performance evidence.
• The formula and prose differ on the turnover threshold, so the exact screen is ambiguous.
• The author identifies limited inputs and sensitivity to unexpected events as key risks.

Tags

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