A-Share Trend and Capital-Strength Ranking Screen
Summary
The proposed screen uses Chinese A-share data from 2021 onward, compares the 20-day and 120-day moving averages, and keeps stocks where the shorter average is above the longer one. It then ranks candidates by capital strength and selects the top 100. The moving-average relationship serves as a trend filter, while the capital-strength ranking is intended to prioritize stocks attracting market attention. In its later outline, the document also mentions a market-cap ranking and fundamental, industry, valuation, and technical filters as possible additions.
The source offers no backtest results or measured evidence that the screen improves returns. It acknowledges that the initial rules omit fundamentals, sector context, market sentiment, and policy changes, and that a top-100 cutoff may exclude other candidates. The additional filters appear as suggestions rather than a fully specified strategy, leaving their definitions and combination rules unresolved. The screen is therefore a preliminary stock-selection concept, not a validated trading system.
Key ideas
- The screen keeps stocks whose 20-day moving average is above the 120-day moving average.
- It ranks qualifying stocks by capital strength and selects the top 100.
- The moving-average comparison is used as a trend filter, with capital strength as a ranking measure.
- The document proposes adding market-cap, valuation, fundamental, industry, and technical filters.
- No test results are reported, and the suggested extensions are not fully specified.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.