A Stock Screen Combining Turnover, Listing Year, and Rising Lows

Summary

This Chinese-language post describes an equity screen requiring turnover between 3% and 12%, a 2021 listing year, and rising price lows. It interprets successively higher lows as a sign of improving rebound strength and possible momentum or trend. The post also gives a sample formula that adds a price-to-earnings limit below 20 and average turnover over three trading days, alongside a condition based on the 30-day lowest price. A Python example outlines gathering stock information and filtering candidates, although its code does not clearly implement every stated selection condition.

The author cautions that rising lows depend on market context and do not guarantee future gains, and suggests supplementing the screen with valuation, dividend, or moving-average measures. No backtest results, return figures, benchmark comparison, or detailed definition of the rising-low signal are supplied. The screen is presented as a candidate selection rule, not a complete trading system; entries, exits, position sizing, and risk controls remain unspecified.

Key ideas

• The screen selects stocks using a stated turnover range, listing year, and a pattern of rising lows.
• The post treats higher successive lows as a possible sign of stronger rebound momentum.
• A sample formula adds a price-to-earnings ceiling, recent average turnover, and a 30-day low condition.
• The author warns that rising lows do not guarantee gains and may be affected by market conditions.
• The post provides no performance study and leaves trade timing and risk controls unspecified.

Tags

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