A-Share Screening with Convertible Bond Data and Moving Average Convergence

Summary

This proposed A-share screen combines a year filter, a requirement that a company have a nonempty outstanding convertible-bond name, and a condition described as having at least five overlapping moving averages. It then suggests narrowing the candidates using a share-price floor and upper limits on price-to-earnings and price-to-book ratios. The intended idea is to locate shares with clustered averages while applying basic valuation filters.

The article gives no market rationale for the convertible-bond field or the selected year, and it reports no historical performance or validation. It acknowledges that the initial screen omits price and valuation considerations, then adds such filters in its proposed final logic. Its sample code compares one moving-average series with several others, which does not clearly implement an overlap test; the described rules therefore remain a rough screening outline rather than a reproducible strategy.

Key ideas

• The proposed universe is A-shares with a nonempty outstanding convertible-bond name and a specified year.\nThe core technical condition is described as having at least five overlapping moving averages.\nPrice, price-to-earnings, and price-to-book thresholds are suggested as additional filters.\nThe document provides no backtest evidence, and its sample comparisons may not measure moving-average overlap.

Tags

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