A-Share Screening with Turnover, KDJ Crossovers, and Fund Flows

Summary

This document describes a Chinese A-share stock screen that combines trading activity, a technical trigger, and a capital-flow ranking. It selects stocks with turnover between 3% and 12%, a newly formed KDJ golden cross, and positive price movement, then ranks candidates by fund inflows and selects the top names. The accompanying formula and Python example illustrate related filters, including a 60-day price-range condition and a ranking threshold; implementation details do not align perfectly with the prose description, so the code should not be assumed to reproduce every stated rule exactly.

The author cautions that the screen omits company fundamentals and industry or policy factors, and that flow measures can reflect market sentiment. Suggested enhancements include adding valuation data and refining the flow measure. No backtest results or evidence of profitability are provided, and the selection rules alone do not establish predictive value.

Key ideas

• The screen combines a 3%–12% turnover range with a newly formed KDJ golden cross.
• Candidates are ranked by fund inflow, with the highest-ranked stocks selected.
• The document also gives formula and Python examples, though their filters differ in places from the prose description.
• The author notes that technical and flow signals omit fundamental and policy information.
• No performance test is provided, so the screen's effectiveness remains unverified.

Tags

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