A-Share Screening with Turnover, Profitability, and Rising DEA
Summary
This proposed A-share screen combines a turnover band of 3% to 12%, market capitalization below 10 billion yuan, and positive earnings conditions with MACD-based trend criteria. Stocks are filtered for DIF above DEA and ranked by the DIF-to-DEA ratio. The article explains DEA as a smoothed MACD signal line and treats its rise as evidence of a recent upward trend. It also suggests adding other technical and fundamental measures when ranking candidates.
The post offers formula and Python examples, but no backtest results or performance evidence. Its discussion cautions that a rising DEA captures recent price behavior and may not indicate a durable trend; positive earnings also do not guarantee strong stock returns. The example code contains data-source and indicator implementation details that may not align exactly with the stated rule, so the screen would need careful validation before research or use.
Key ideas
- The screen combines turnover, market capitalization, earnings, and MACD conditions for A-shares.
- It selects stocks with DIF above DEA and ranks them by the DIF-to-DEA ratio.
- DEA is presented as a smoothed signal line used to assess recent trend direction.
- The article provides example formulas and code but reports no performance test.
- Recent indicator direction and positive earnings do not ensure lasting trends or stock gains.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.